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Comtech Telecommunications vs Gilat Satellite Networks: revenue, profit, margins and growth compared

Comtech Telecommunications brought in $499.5M of revenue in fiscal 2025, Gilat Satellite Networks $451.7M in fiscal 2025. Revenue changed by -7.6% at Comtech Telecommunications and +47.9% at Gilat Satellite Networks on the year before, so Gilat Satellite Networks grew faster. Comtech Telecommunications kept -31.1% of its revenue as net profit, Gilat Satellite Networks 4.6%. Free cash flow was -$16.9M at Comtech Telecommunications and $9.2M at Gilat Satellite Networks.

Side by side, latest fiscal year

CMTLGILT
Fiscal year endedFY2025 (July 31, 2025)FY2025 (December 31, 2025)
Revenue$499.5M$451.7M
Revenue growth-7.6%+47.9%
Net income-$155.3M$20.7M
Net margin-31.1%4.6%
Free cash flow-$16.9M$9.2M
Free cash flow margin-3.4%2.0%
Earnings per share (diluted)-$6.95$0.34
Cash$40M$168.9M
Debt$118.5M$2M
Price to earningsn/an/a
Market value$41.6M$765.3M
Dividend yieldn/an/a
Rank by revenue in sector#304 of 530 · Technology#318 of 530 · Technology

Over the years

Revenue
CMTL FY2018: $570.6MCMTL FY2019: $671.8MCMTL FY2020: $616.7MCMTL FY2021: $581.7MCMTL FY2022: $486.2MCMTL FY2023: $550MCMTL FY2024: $540.4MCMTL FY2025: $499.5MGILT FY2018: $266.4MGILT FY2019: $257.3MGILT FY2020: $166.1MGILT FY2021: $215MGILT FY2022: $239.8MGILT FY2023: $266.1MGILT FY2024: $305.4MGILT FY2025: $451.7MFY18FY19FY20FY21FY22FY23FY24FY25
CMTL $499.5MGILT $451.7M
Net income
CMTL FY2018: $29.8MCMTL FY2019: $25MCMTL FY2020: $7MCMTL FY2021: -$73.5MCMTL FY2022: -$33.1MCMTL FY2023: -$26.9MCMTL FY2024: -$100MCMTL FY2025: -$155.3MGILT FY2018: $18.4MGILT FY2019: $36.9MGILT FY2020: $35.1MGILT FY2021: -$3MGILT FY2022: -$5.9MGILT FY2023: $23.5MGILT FY2024: $24.8MGILT FY2025: $20.7MFY18FY19FY20FY21FY22FY23FY24FY25
CMTL -$155.3MGILT $20.7M
Net margin
CMTL FY2018: 5.2%CMTL FY2019: 3.7%CMTL FY2020: 1.1%CMTL FY2021: -12.6%CMTL FY2022: -6.8%CMTL FY2023: -4.9%CMTL FY2024: -18.5%CMTL FY2025: -31.1%GILT FY2018: 6.9%GILT FY2019: 14.3%GILT FY2020: 21.1%GILT FY2021: -1.4%GILT FY2022: -2.5%GILT FY2023: 8.8%GILT FY2024: 8.1%GILT FY2025: 4.6%FY18FY19FY20FY21FY22FY23FY24FY25
CMTL -31.1%GILT 4.6%
Revenue growth
CMTL FY2019: +17.7%CMTL FY2020: -8.2%CMTL FY2021: -5.7%CMTL FY2022: -16.4%CMTL FY2023: +13.1%CMTL FY2024: -1.7%CMTL FY2025: -7.6%GILT FY2019: -3.4%GILT FY2020: -35.4%GILT FY2021: +29.4%GILT FY2022: +11.6%GILT FY2023: +10.9%GILT FY2024: +14.8%GILT FY2025: +47.9%FY19FY20FY21FY22FY23FY24FY25
CMTL -7.6%GILT +47.9%
Free cash flow
CMTL FY2018: $41.7MCMTL FY2019: $59.2MCMTL FY2020: $45.5MCMTL FY2021: -$56.7MCMTL FY2022: -$17.6MCMTL FY2023: -$22.7MCMTL FY2024: -$67.6MCMTL FY2025: -$16.9MGILT FY2018: $21.3MGILT FY2019: $26.8MGILT FY2020: $38.4MGILT FY2021: $10MGILT FY2022: -$2MGILT FY2023: $21.2MGILT FY2024: $25.1MGILT FY2025: $9.2MFY18FY19FY20FY21FY22FY23FY24FY25
CMTL -$16.9MGILT $9.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Comtech Telecommunications and Gilat Satellite Networks

Which is bigger by revenue, Comtech Telecommunications or Gilat Satellite Networks?

Comtech Telecommunications is bigger by revenue: $499.5M in fiscal 2025, against $451.7M for Gilat Satellite Networks in fiscal 2025.

Which keeps more of its revenue as profit, Comtech Telecommunications or Gilat Satellite Networks?

Comtech Telecommunications had a net margin of -31.1% in fiscal 2025; Gilat Satellite Networks had 4.6% in fiscal 2025.

Which grew revenue faster, Comtech Telecommunications or Gilat Satellite Networks?

In their latest fiscal years revenue changed by -7.6% at Comtech Telecommunications and +47.9% at Gilat Satellite Networks.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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