The Gilat Stellar Blu’s Sidewinder antenna is compatible with the OneWeb constellation. Photo: Stellar Blu

Gilat Satellite Networks grew revenue by 48% in 2025, driven by in-flight connectivity (IFC) technology and its acquisition of Stellar Blu during the year. 

Revenue landed at the high end of Gilat’s guidance last year, when the company projected revenue growth to reach between 36% and 49%. 

Alongside this IFC growth, Gilat also reported momentum in its defense segment, with leadership saying the company is considering more acquisitions in the defense area. Gilat reported fourth quarter financials on Feb. 10. 

Overall, Gilat reported $452 million in revenue in 2025. Net income was $21 million. 

Commercial, including the IFC business, makes up most of Gilat’s revenue at 62% of company revenue in 2025. Commercial revenue grew 81% year-over-year to $281 million. 

ESA Installment Outlook

Gilat reported it delivered 190 IFC terminals during the fourth quarter. Gilat has a “significant backlog” to be delivered in 2026 and  leadership expects to increase deliveries in the coming quarters.  

CEO Adi Sfadia told investors that more than 420 aircraft are online with its Sidewinder electronically steerable antenna (ESA), which Gilat acquired in the Stellar Blu acquisition. The acquisition closed in mid-2025. 

Sfadia noted more IFC awards are coming in. “Both SES and Panasonic have decent awards. Not everything is published yet. We do see their forecast, and we do expect some large orders in the first half of the year, hopefully, this quarter,” he told investors on Tuesday. 

Gilat is also working to secure linefit for the Sidewinder with both Boeing and Airbus. Sfadia said Gilat expects to pass certification with Boeing in the first half of 2026 to start deliveries in the third quarter. With Airbus, he said Gilat is in the initial phases and doesn’t expect revenues from Airbus linefit this year. 

M&A On the Horizon for Defense Business 

Revenue in Gilat’s Defense business grew slightly, just under 3% year-over-year, but the segment saw record awards in 2025. 

Leadership said it was a record year for Gilat Defense sales, driven by increased demand from U.S. and allied defense customers for transportable satcom. The company is putting more resources into Gilat Defense by expanding the sales team and R&D investment. 

“Mergers and acquisition will be a key strategic focus with primary emphasis on defense-related capabilities that complement our existing strengths, Sfadia said, previewing potential upcoming M&A. 

Looking to 2026, Gilat expects 2026 revenues between $500 million and $520 million, representing 13% growth year-over-year at the midpoint.