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Gilat Satellite Networks

GILT on Nasdaq. Radio & tv broadcasting & communications equipment. Market value $757m.

Watch this stockFree. We tell you when something changes.

This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2025.

Should I look at this?

Good business, but not cheap right now

Why it could be worth it

What to watch out for

See cheaper Technology stocks on the list

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
annual report to December 2025
1.3%low

For every $100 of what the whole company costs, it produced $1.35 of spare cash last year. A savings account pays about $4.

Price to profit
annual report to December 2025
21.9×full

You pay 21.9 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
8.6%five-year median

Each dollar kept in the business earns 9 cents a year. Above 10 is good.

Quality score: 74 of 100. Price score: 39 of 100. Our list needs 70 on quality and 60 on price.

$9.22 a share, 5% above its 1-year low

Over the past year the price has ranged from $8.74 to $20.93.

Pays no dividend

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.0
-0.0
0.0
0.0
0.0
20212022202320242025
Revenue
$215m$240m$266m$305m$452m
Operating margin
1.0%4.1%10.6%9.1%5.2%
Debt to equity
n/a0.000.010.010.00
Shares outstanding
0.06bn0.06bn0.06bn0.06bn0.07bn

Health checks

  • Free cash flow positive4 of 5 years
  • Accounting looks honest (Beneish)Warning signs
  • Financial strength (Piotroski)3 of 9
  • Profit backed by cash (accruals)Yes
  • Debt0.00× equity
  • Revenue growth, five yearsStrong, 22.1% a year
  • Buying back its own sharesNo, 31% more shares since 2021

Dates

Next results (estimated)
n/a
Last annual report (10-K)
16 March 2026
Next quarterly (estimated, 10-Q)
n/a

Who owns it

1 long-term investor we follow owns it, unchanged from 1 last quarter. 127 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

5 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 4 sold $1m, $402,786 of it under preset trading plans.

  • Ofek Amir Yechiel
    Director
    Sold
    Date
    6 August 2026
    Shares
    3,923
    Price
    $11.41
    Value
    $44,761
  • Rohrstock Arieh
    President, Gilat Peru
    Sold
    under a preset trading plan
    Date
    11 June 2026
    Shares
    17,568
    Price
    $15.23
    Value
    $267,561
  • Kerbel Doron
    Chief Legal Officer
    Sold
    under a preset trading plan
    Date
    20 March 2026
    Shares
    7,500
    Price
    $18.03
    Value
    $135,225
  • Sfadia Adi
    CEO
    Sold
    Date
    18 March 2026
    Shares
    48,978
    Price
    $16.85
    Value
    $825,279

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

Gilat Satellite Networks doesn’t file a US annual report (10-K), so we haven’t checked it.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

  • Its accounts show patterns that sometimes come before companies have to correct past results (Beneish score).

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.