Following third-quarter financial results that held flat compared to the prior year, Gilat Satellite Networks sharply reduced its full-year 2026 revenue growth forecast from 13% to 3%.<\/p>\n
In quarterly results reported on Nov. 10, the satellite ground segment and networking provider lowered its 2026 revenue guidance to a range of $455 million to $475 million, down from its previous projection of $500 million to $520 million.<\/p>\n
The guidance cut stems from external schedule setbacks across satellite launch manifests and commercial aviation programs. Delays in satellite launches and in-flight connectivity (IFC) equipment deliveries slowed revenue conversion across commercial business lines, weighing on overall top-line expansion despite strong military demand.<\/p>\n
For the third quarter, Gilat recorded total revenue of $116 million, remaining flat year over year. Underlying segment performance highlighted a pronounced split between government and enterprise markets: defense revenue surged 53% to approximately $37 million, while commercial revenue declined 4% to roughly $70 million as IFC rollout schedules shifted to the right.<\/p>\n
With third-quarter top-line performance constrained by launch availability and commercial aviation terminal rollouts, the updated $455 million to $475 million guidance represents a $45 million reduction at the midpoint compared to earlier full-year expectations.<\/p>\n
While growing military communications demand continues to expand Gilat\u2019s defense business, near-term consolidated growth remains dependent on the stabilization of satellite launch schedules and the pace of scheduled IFC deliveries across commercial airline fleets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Following third-quarter financial results that held flat compared to the prior year, Gilat Satellite Networks sharply reduced its full-year 2026 revenue growth forecast from 13% to 3%. In quarterly results reported on Nov. 10, the satellite ground segment and networking provider lowered its 2026 revenue guidance to a range of $455 million to $475 million, […]<\/p>\n","protected":false},"author":1,"featured_media":92123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-92110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/92110"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=92110"}],"version-history":[{"count":2,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/92110\/revisions"}],"predecessor-version":[{"id":92124,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/92110\/revisions\/92124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/92123"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=92110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=92110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=92110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}