GILT 6-K

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FORM 6 – K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report on Foreign Issuer

Pursuant to Rule 13a – 16 or 15d – 16

of the Securities Exchange Act of 1934

For the Month of August, 2026

Gilat Satellite Networks Ltd.

(Translation of Registrant’s Name into English)

Gilat House, 21 Yegia Kapayim Street

Daniv Park, Kiryat Arye, Petah Tikva 4913020, Israel

(Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

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On August 5, 2026, the Registrant issued a press release announcing its unaudited second-quarter 2026 results. A copy of this press release is furnished herewith.

The attached press release is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Gilat Satellite Networks Ltd.
	(Registrant)
Dated August 5, 2026	By:	/s/ Doron Kerbel
		Doron Kerbel
		CLO & Corporate Secretary

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Gilat Reports Second Quarter 2026 Results

Revenue Grew 17% to $122.7 Million; GAAP Operating Income was $4.7 Million;

Adjusted EBITDA Increased 31% to $15.4 Million

Comtech Acquisition on Track for Expected Year-End Closing

Reiterates 2026 Financial Guidance

Petah Tikva, Israel, August 5, 2026 - Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter, ended June 30, 2026.

Second Quarter 2026 Financial Highlights

	•	Revenues increased to $122.7 million, compared with $105 million in Q2 2025;
	~~•~~	GAAP operating income of $4.7 million, compared with GAAP operating income of $5.7 million in Q2 2025;
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	•	Non-GAAP operating income increased 35% to $12.6 million, compared with $9.3 million in Q2 2025;
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	•	GAAP net income of $8.1 million, or $0.10 per diluted share, compared with GAAP net income of $9.8 million, or $0.17 per diluted share, in Q2 2025;
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	•	Non-GAAP net income of $15.6 million, or $0.20 per diluted share, compared with $12.0 million, or $0.21 per diluted share, in Q2 2025;
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	•	Adjusted EBITDA increased 31% to $15.4 million, significantly improving margins compared with $11.8 million in Q2 2025
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Forward-Looking Expectations^1^

Management reiterates guidance for 2026 for revenue between $500 to $520 million, representing a revenue growth rate of approximately 13% at the midpoint. Adjusted EBITDA for 2026 is expected to be between $61 to $66 million, representing a growth rate of approximately 19% at the midpoint.

Management Commentary

Adi Sfadia, Gilat's CEO, commented: “Gilat delivered another strong quarter, with revenues increasing 17% and Adjusted EBITDA increasing 31%. The combination of growth and margin expansion reflects solid execution across our Defense, Commercial, and Peru segments and the continued strength of our underlying business.”

Mr. Sfadia added, “During the quarter and in recent weeks, momentum remained broad-based. Gilat Defense continued to expand its activity in both the United States and in Europe, reflecting increasing demand for advanced communications solutions that support mobility, rapid deployment, and operational continuity in complex operating environments. We introduced the Viper Ka ESA terminal, broadening our support for unmanned and autonomous missions, and we also advanced work on certifications that will position us to better support next-generation defense communications architectures.

The announced Comtech acquisition is progressing well and is the next major step in Gilat’s transformation into a scaled defense, space, and mission-critical communications technology company. The acquisition is expected to create a company with more than $700 million in pro forma annual revenues, more than double Gilat Defense revenues, expand our U.S. engineering and manufacturing footprint, and improve access to larger U.S. and allied defense and space programs.The acquisition is anticipated to close toward year-end, subject to regulatory approvals and customary closing conditions."

Mr. Sfadia concluded, “Our first-half performance, recent awards, backlog, and strong pipeline support our full-year 2026 outlook and positions us well to fully capitalize on the Comtech acquisition.”

Key Recent Announcements

	•	Gilat to Acquire Comtech’s Satellite & Space Communications Segment Creating a Leading Provider of Advanced Defense and Satellite Communications Solutions

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^1^ We do not provide forward-looking guidance on a GAAP basis because we are unable to reasonably provide forward-looking guidance for certain financial data, such as earnout-based expenses related to recent acquisitions. As a result, we are not able to provide a reconciliation of GAAP to non-GAAP financial measures for forward looking data without unreasonable effort.

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	•	Leading Global Satellite Operator Awards Gilat Over $20 Million in SkyEdge Orders
	•	Gilat Receives $11 Million in U.S. Department of War Orders, Reinforcing Role in Mission-Critical Defense Connectivity
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	•	Gilat Receives $43 Million of Additional Sidewinder ESA Orders from Leading In-flight Connectivity Service Provider
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	•	Gilat Receives Multi-Million Dollar Order for Customized SATCOM Terminals Supporting European Defense Communications
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	•	Gilat Presents Expanded Portfolio for Tactical Unmanned Platforms at Eurosatory 2026
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	•	Boeing and Gilat Achieve Key In-Cabin Offerability Milestone for Sidewinder Line-fit Multi‑Orbit Solution
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Conference Call Details

Gilat’s management will discuss its second quarter 2026 results and business achievements and participate in a question-and-answer session:

In English:

Date: Wednesday, August 5, 2026

Start: 09:30 AM EDT / 16:30 IST

A simultaneous webcast of the conference call will be available on the Gilat website at www.gilat.com and through this link: https://www.veidan-conferencing.com/gilat

Or Dial-in:

US: 1-888-407-2553

International: +972-3-918-0609

The webcast will also be archived for a period of 30 days on the Company’s website and through the link above.

In Hebrew:

Date: Thursday, August 6, 2026

Start: 10:00 AM IST

A simultaneous webcast of the conference call will be available on the Gilat website at www.gilat.com and through this link:

https://gk-biz.zoom.us/webinar/register/WN_Ij3ddmS9RqWUXweNlBeJsw

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Non-GAAP Measures

The attached unaudited summary consolidated financial statements were prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP). To supplement the summary consolidated financial statements presented in accordance with GAAP, the Company presents non-GAAP measurements of gross profit, operating expenses, operating income, income before taxes on income, net income, Adjusted EBITDA, and earnings per share. The adjustments to the Company’s GAAP results are made with the intent of providing both management and investors with a more complete understanding of the Company’s underlying operational results, trends, and performance. Non-GAAP financial measures mainly exclude, if and when applicable, the effect of stock-based compensation, amortization of purchased intangibles, lease incentive amortization, other non-recurring expenses, other integration expenses, other operating expenses (income), net, and the income tax effect on the relevant adjustments.

Adjusted EBITDA is presented to compare the Company’s performance to that of prior periods and evaluate the Company’s financial and operating results on a consistent basis from period to period. The Company also believes this measure, when viewed in combination with the Company’s financial results prepared in accordance with GAAP, provides useful information to investors to evaluate ongoing operating results and trends. Adjusted EBITDA, however, should not be considered as an alternative to operating income or net income for the period and may not be indicative of the historical operating results of the Company; nor is it meant to be predictive of potential future results. Adjusted EBITDA is not a measure of financial performance under GAAP and may not be comparable to other similarly titled measures for other companies. A reconciliation between the Company's net income and Adjusted EBITDA is presented in the attached summary consolidated financial statements.

Non-GAAP presentations of gross profit, operating expenses, operating income, income before taxes on income, net income, Adjusted EBITDA and earnings per share should not be considered in isolation or as a substitute for any of the consolidated statements of operations prepared in accordance with GAAP, or as an indication of Gilat’s operating performance or liquidity.

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About Gilat

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

Together with our wholly owned subsidiaries Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a software-defined platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and Electronically Steered Antennas (ESAs), highly efficient, high-power Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: https://www.gilat.com

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and can generally be identified by the use of forward-looking terminology such as “estimate,” “project,” “intend,” “expect,” “believe,” “anticipate,” “plan,” “may,” “will,” “seek,” “could,” “should,” or similar expressions. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements of Gilat to differ materially from those expressed in, or implied by, such statements. These risks and uncertainties include, among others, changes in general economic, market and business conditions; failure to maintain market acceptance of Gilat’s products; failure to timely develop and introduce new technologies, products and applications; rapid changes in the markets in which Gilat operates; increased competition, loss of market share or pressure on prices; loss of key OEM partners; inability to attract and retain qualified personnel; inability to protect proprietary technology; and risks associated with Gilat’s international operations and its location in Israel, including those arising from regional military conflicts and geopolitical instability. For additional information regarding these and other risks and uncertainties, please refer to Gilat’s filings with the U.S. Securities and Exchange Commission. Gilat undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Gilat Satellite Networks

Hagay Katz, Chief Products and Marketing Officer

[email protected]

Alliance Advisors

[email protected]

Phone: +1 212 838 3777

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GILAT SATELLITE NETWORKS LTD.
CONSOLIDATED STATEMENTS OF INCOME
U.S. dollars in thousands (except share and per share data)
	Six months ended			Three months ended
---	---	---	---	---	---	---	---
	June 30,			June 30,
	2026	2025		2026		2025
	Unaudited			Unaudited
Revenues	233,137	197,007		122,663		104,970
Cost of revenues	158,231	136,682		85,406		73,043
Gross profit	74,906	60,325		37,257		31,927
Research and development expenses, net	23,718	23,930		11,601		12,309
Selling and marketing expenses	19,211	16,467		9,504		8,265
General and administrative expenses	22,618	13,027		12,220		6,243
Other operating expenses (income), net	281	3,964		(760	)	(574	)
Total operating expenses	65,828	57,388		32,565		26,243
Operating income	9,078	2,937		4,692		5,684
Financial income (expenses), net	3,462	(2,186	)	2,167		(1,250	)
Income before taxes on income	12,540	751		6,859		4,434
Taxes on income	841	3,083		1,288		5,396
Net income	13,381	3,834		8,147		9,830
Basic earnings per share	0.18	0.07		0.11		0.17
Diluted earnings per share	0.17	0.07		0.10		0.17
Weighted average number of shares used in
computing earnings per share
Basic	75,766,488	57,081,120		77,007,203		57,124,568
Diluted	78,341,256	57,189,406		79,427,208		57,341,141

All values are in US Dollars.

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GILAT SATELLITE NETWORKS LTD.
RECONCILIATION BETWEEN GAAP AND NON-GAAP CONSOLIDATED STATEMENTS OF INCOME
FOR COMPARATIVE PURPOSES
U.S. dollars in thousands (except share and per share data)
	Three months ended					Three months ended
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	June 30, 2026					June 30, 2025
	GAAP	Adjustments (*)		Non-GAAP		GAAP	Adjustments (*)		Non-GAAP
	Unaudited					Unaudited
Gross profit	37,257	1,662		38,919		31,927	2,557		34,484
Operating expenses	32,565	(6,218	)	26,347		26,243	(1,043	)	25,200
Operating income	4,692	7,880		12,572		5,684	3,600		9,284
Income before taxes on income	6,859	7,880		14,739		4,434	3,600		8,034
Net income	8,147	7,491		15,638		9,830	2,131		11,961
Basic earnings per share	0.11	0.09		0.20		0.17	0.04		0.21
Diluted earnings per share	0.10	0.10		0.20		0.17	0.04		0.21
Weighted average number of shares used in computing earnings per share
Basic	77,007,203			77,007,203		57,124,568			57,124,568
Diluted	79,427,208			79,924,184		57,341,141			58,041,043

All values are in US Dollars.

(*)	Adjustments reflect the effect of stock-based compensation as per ASC 718, amortization of purchased intangibles, other operating income, net, other integration expenses and income tax effect on such<br>adjustments which is calculated using the relevant effective tax rate.
					Three months ended							Three months ended
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					June 30, 2026							June 30, 2025
					Unaudited							Unaudited
GAAP net income					8,147							9,830
Gross profit
Stock-based compensation expenses					199							228
Amortization of purchased intangibles					1,443							2,302
Other integration expenses					20							27
					1,662							2,557
Operating expenses
Stock-based compensation expenses					1,523							1,084
Stock-based compensation related to business combination					4,258							(920	)
Amortization of purchased intangibles					1,103							1,269
Other operating income, net					(760	)						(574	)
Other integration expenses					94							184
					6,218							1,043
Taxes on income					(389	)						(1,469	)
Non-GAAP net income					15,638							11,961

All values are in US Dollars.

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GILAT SATELLITE NETWORKS LTD.
RECONCILIATION BETWEEN GAAP AND NON-GAAP CONSOLIDATED STATEMENTS OF INCOME
FOR COMPARATIVE PURPOSES
U.S. dollars in thousands (except share and per share data)
	Six months ended				Six months ended
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	June 30, 2026				June 30, 2025
	GAAP	Adjustments (*)		Non-GAAP	GAAP	Adjustments (*)		Non-GAAP
	Unaudited				Unaudited
Gross profit	74,906	3,306		78,212	60,325	3,368		63,693
Operating expenses	65,828	(12,686	)	53,142	57,388	(8,132	)	49,256
Operating income	9,078	15,992		25,070	2,937	11,500		14,437
Income before taxes on income	12,540	15,992		28,532	751	11,500		12,251
Net income	13,381	15,844		29,225	3,834	9,954		13,788
Basic earnings per share	0.18	0.21		0.39	0.07	0.17		0.24
Diluted earnings per share	0.17	0.20		0.37	0.07	0.17		0.24
Weighted average number of shares used in computing earnings per share
Basic	75,766,488			75,766,488	57,081,120			57,081,120
Diluted	78,341,256			78,833,628	57,189,406			58,023,137

All values are in US Dollars.

(*)	Adjustments reflect the effect of stock-based compensation as per ASC 718, amortization of purchased intangibles, other operating expenses, net, other integration expenses and income tax effect on such<br>adjustments which is calculated using the relevant effective tax rate.
	Six months ended		Six months ended
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	June 30, 2026		June 30, 2025
	Unaudited		Unaudited
GAAP net income	13,381		3,834
Gross profit
Stock-based compensation expenses	398		402
Amortization of purchased intangibles	2,871		2,902
Other integration expenses	37		64
	3,306		3,368
Operating expenses
Stock-based compensation expenses	3,004		1,984
Stock-based compensation related to business combination	7,000		(313	)
Amortization of purchased intangibles	2,196		2,153
Other operating expenses, net	281		3,964
Other integration expenses	205		344
	12,686		8,132
Taxes on income	(148	)	(1,546	)
Non-GAAP net income	29,225		13,788

All values are in US Dollars.

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GILAT SATELLITE NETWORKS LTD.
SUPPLEMENTAL INFORMATION
U.S. dollars in thousands
ADJUSTED EBITDA:
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	Six months ended				Three months ended
---	---	---	---	---	---	---	---	---
	June 30,				June 30,
	2026		2025		2026		2025
	Unaudited				Unaudited
GAAP net income	13,381		3,834		8,147		9,830
Adjustments:
Financial expenses (income), net	(3,462	)	2,186		(2,167	)	1,250
Taxes on income	(841	)	(3,083	)	(1,288	)	(5,396	)
Stock-based compensation expenses	3,402		2,386		1,722		1,312
Stock-based compensation related to business combination	7,000		(313	)	4,258		(920	)
Depreciation and amortization (*)	10,530		10,046		5,414		6,084
Other operating expenses (income), net	281		3,964		(760	)	(574	)
Other integration expenses	242		408		114		211
Adjusted EBITDA	30,533		19,428		15,440		11,797

All values are in US Dollars.

(*)	Including amortization of lease incentive
SEGMENT REVENUES:
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	Six months ended		Three months ended
---	---	---	---	---
	June 30,		June 30,
	2026	2025	2026	2025
	Unaudited		Unaudited
Commercial	155,771	133,277	82,986	69,057
Defense	47,890	43,004	22,463	19,993
Peru	29,476	20,726	17,214	15,920
Total revenues	233,137	197,007	122,663	104,970

All values are in US Dollars.

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GILAT SATELLITE NETWORKS LTD.
CONSOLIDATED BALANCE SHEETS
U.S. dollars in thousands
	June 30,	December 31,
---	---	---
	2026	2025
	Unaudited	Audited
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	144,805	168,907
Short-term deposits	14,350	16,433
Restricted cash	64	88
Trade receivables, net	107,656	85,929
Contract assets	32,792	36,987
Inventories	65,490	45,430
Other current assets	34,583	37,406
Total current assets	399,740	391,180
LONG-TERM ASSETS:
Long-term contract assets	7,193	7,890
Severance pay funds	7,269	6,941
Deferred taxes, net	17,923	15,558
Operating lease right-of-use assets	7,510	5,922
Other long-term assets	28,696	19,871
Total long-term assets	68,591	56,182
PROPERTY AND EQUIPMENT, NET	74,309	75,172
INTANGIBLE ASSETS, NET	48,994	53,986
GOODWILL	169,534	169,534
TOTAL ASSETS	761,168	746,054

All values are in US Dollars.

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GILAT SATELLITE NETWORKS LTD.
CONSOLIDATED BALANCE SHEETS (Cont.)
U.S. dollars in thousands
	June 30,		December 31,
---	---	---	---	---
	2026		2025
	Unaudited		Audited
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Current maturities of long-term loan	2,000		2,000
Trade payables	45,443		31,614
Accrued expenses	73,352		58,878
Advances from customers and deferred revenues	50,215		78,499
Operating lease liabilities	3,251		2,957
Other current liabilities	28,914		41,529
Total current liabilities	203,175		215,477
LONG-TERM LIABILITIES:
Accrued severance pay	7,818		7,508
Long-term advances from customers and deferred revenues	71		67
Operating lease liabilities	4,364		3,102
Other long-term liabilities	1,131		19,622
Total long-term liabilities	13,384		30,299
SHAREHOLDERS' EQUITY:
Share capital - ordinary shares of NIS 0.2 par value	3,970		3,765
Additional paid-in capital	1,148,171		1,115,030
Accumulated other comprehensive loss	(6,164	)	(3,768	)
Accumulated deficit	(601,368	)	(614,749	)
Total shareholders' equity	544,609		500,278
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	761,168		746,054

All values are in US Dollars.

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GILAT SATELLITE NETWORKS LTD.
CONSOLIDATED STATEMENTS OF CASH FLOWS
U.S. dollars in thousands
	Six months ended				Three months ended
---	---	---	---	---	---	---	---	---
	June 30,				June 30,
	2026		2025		2026		2025
	Unaudited				Unaudited
Cash flows from operating activities:
Net income	13,381		3,834		8,147		9,830
Adjustments required to reconcile net income
to net cash provided by (used in) operating activities:
Depreciation and amortization	10,423		9,942		5,344		6,037
Stock-based compensation expenses	10,402		2,073		5,980		392
Accrued severance pay, net	(17	)	(76	)	(111	)	(54	)
Deferred taxes, net	(2,365	)	(4,233	)	(2,162	)	(6,217	)
Increase in trade receivables, net	(22,202	)	(9,234	)	(7,423	)	(13,762	)
Decrease in contract assets	4,891		16,552		8,868		24,350
Decrease (increase) in other assets and other adjustments (including short-term, long-term
and effect of exchange rate changes on cash, cash equivalents and restricted cash)	1,485		11,754		11,285		(6,636	)
Decrease (increase) in inventories	(20,212	)	96		(20,705	)	11,552
Increase (decrease) in trade payables	13,860		(14,690	)	11,409		(6,862	)
Increase (decrease) in accrued expenses	14,153		(4,587	)	17,567		1,771
Decrease in advances from customers and deferred revenues	(28,292	)	(15,426	)	(27,371	)	(14,330	)
Increase (decrease) in other liabilities	(9,592	)	2,526		(12,739	)	(928	)
Net cash provided by (used in) operating activities	(14,085	)	(1,469	)	(1,911	)	5,143
Cash flows from investing activities:
Purchase of property, equipment and intangible assets	(4,175	)	(4,256	)	(1,662	)	(2,766	)
Investment in other asset	-		(3,500	)	-		(1,000	)
Investment in short-term deposits	(14,350	)	-		-		-
Proceeds from short-term deposits	16,433		-		16,433		-
Acquisitions of subsidiaries, net of cash acquired	(10,000	)	(104,943	)	(10,000	)	-
Net cash provided by (used in) investing activities	(12,092	)	(112,699	)	4,771		(3,766	)
Cash flows from financing activities:
Proceeds from long-term loan, net of associated costs	-		58,970		-		-
Repayment of long-term loan	-		(750	)	-		(750	)
Proceeds from exercise of stock options	46		-		32		-
Net cash provided by (used in) financing activities	46		58,220		32		(750	)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2,005		1,116		1,759		524
Increase (decrease) in cash, cash equivalents and restricted cash	(24,126	)	(54,832	)	4,651		1,151
Cash, cash equivalents and restricted cash at the beginning of the period	168,995		120,249		140,218		64,266
Cash, cash equivalents and restricted cash at the end of the period	144,869		65,417		144,869		65,417

All values are in US Dollars.

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