Gilat Satellite Networks Ltd. · NASDAQ:GILT
Gilat Satellite Networks — Q1 2026 Earnings Presentation
13 slides from Gilat Satellite Networks's earnings presentation, May 13, 2026
Slide 1: Leading the Multi-Orbit Revolution
Leading the Multi-Orbit Revolution Q1 2026 Earnings Results NASDAQ/TASE: GILT Gilat Proprietary and Confidential
Slide 2: Forward Looking Statements Disclaimer
Forward Looking Statements Disclaimer Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify
Slide 3: 1st Quarter 2026 Highlights and 2026 Strategic Focus & Targets
1st Quarter 2026 Highlights 2026 Strategic Focus & Targets Strong Q1 Financials: Revenue $110.5M Leveraging IFC growth: Winning large ESA (+20% growth YoY), Adjusted EBITDA Terminal opportunities. Expanding SE IV IFC $15.1M (+98% YoY) global network Defense Momentum: Unlocking new Meeting Defense De
Slide 4: Gilat Business Segments - Q1 2026 Highlights: Defense
Gilat Business Segments - Q1 2026 Highlights Gilat Defense New Market: First order of “EnduroStream” SSPA solution from US DoD prime contractor, to support mission-critical operational resiliency. European Market Penetration: $16M million order from a European Ministry of Defense for our DKET transp
Slide 5: Gilat Business Segments - Q1 2026 Highlights: Commercial
Gilat Business Segments - Q1 2026 Highlights Gilat Commercial IFC Momentum: $39M orders for Sidewinder ESA terminals. Line-fit programs progressing as planned New IFC ESA Terminal: ESR 2030 LEO ESA terminal, designed for the OneWeb constellation, is commercially available. SkyEdge IV: Strategic mult
Slide 6: Gilat Business Segments - Q1 2026 Highlights: Peru
Gilat Business Segments - Q1 2026 Highlights Gilat Peru Accelerated Execution: Accelerated deployment of the construction phase for the $85M contracts from 2025 to expand broadband infrastructure to 1,000+ public institutions across four regional projects, bringing forward revenues and profitability
Slide 7: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights (US$ Millions) Revenue Adjusted EBITDA GAAP Operating Income GAAP Net Income 110.5 15.1 92.0 4.4 7.6 5.2 Q1-25 Q1-26 Q1-25 Q1-26 Q1-25 Q1-26 Q1-25 Q1-26 -2.7 -6.0 Gilat Proprietary and Confidential 7
Slide 8: Q1 2026 Revenue Breakdown
Q1 2026 Revenue Breakdown (US$ Millions) Commercial Defense Peru 72.8 25.4 12.3 64.2 23.0 4.8 Q1-25 Q1-26 Q1-25 Q1-26 Q1-25 Q1-26 Gilat Proprietary and Confidential 8
Slide 9: Balance Sheet Highlights
Balance Sheet Highlights US$ Millions 1/26Q Q4/25 Q4/24 Net Cash 1 169.1 183.4 118.2 DSO 2 112 88 73 Cash Flow From Operations (12.2) (6.3) 16.3 Equity 536 500 304 • Dec 2025 - $100M Capital raised from leading Israeli institutional investors • Sep 2025 - $66M Capital raised from leading Israeli ins
Slide 10: 2026 Guidance
2026 Guidance (US$ Millions) Revenue Adjusted EBITDA 61-66 500-520 451.7 53.2 2025 2026 Guidance 2025 2026 Guidance Revenue: Adjusted EBITDA: $500M - $520M $61M - $66M 13% YoY Growth1 19% YoY Growth1 2026 Revenue and EBITDA Outlook Driven by strong YTD performance, robust backlog, and healthy pipeli
Slide 11: 2026 Guidance - Revenue by Segment
2026 Guidance - Revenue by Segment (US$ Millions) Commercial Defense Peru 315-335 115-130 69.9 281.4 60-65 100.4 2025 2026 Guidance 2025 2026 Guidance 2025 2026 Guidance $315M - $335M $115M - $130M $60M - $65M 16% YoY Growth1 22% YoY Growth1 -11% YoY1 1) At the midpoint Gilat Proprietary and Confide
Slide 12: Q&A
Q&A Gilat Proprietary and Confidential 12
Slide 13: Thank You
Thank You info@gilat.com Gilat.com
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