vs

Side-by-side financial comparison of GILAT SATELLITE NETWORKS LTD (GILT) and HARMONIC INC. (HLIT). Click either name above to swap in a different company.

HARMONIC INC. runs the higher net margin — 103.4% vs 4.1%, a 99.3% gap on every dollar of revenue.

Gilat Satellite Networks Ltd. is an Israeli public company. It provides satellite-based broadband communications technology, its main expertise being the development, manufacture, and marketing of ground-based satellite systems for global communication via satellites.

Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the Internet.

GILT vs HLIT — Head-to-Head

Bigger by revenue
GILT
GILT
-2.9× larger
GILT
$152.7M
$-53.0M
HLIT
Higher net margin
HLIT
HLIT
99.3% more per $
HLIT
103.4%
4.1%
GILT

Income Statement — Q2 2025 vs Q4 2025

Metric
GILT
GILT
HLIT
HLIT
Revenue
$152.7M
$-53.0M
Net Profit
$6.3M
$-54.8M
Gross Margin
35.8%
103.3%
Operating Margin
5.4%
Net Margin
4.1%
103.4%
Revenue YoY
-267.6%
Net Profit YoY
-243.8%
EPS (diluted)
$57016808.00
$-0.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GILT
GILT
HLIT
HLIT
Q4 25
$-53.0M
Q3 25
$142.4M
Q2 25
$152.7M
$138.0M
Q1 25
$133.1M
Q4 24
$31.6M
Q3 24
$195.8M
Q2 24
$126.6M
$138.7M
Q1 24
$122.1M
Net Profit
GILT
GILT
HLIT
HLIT
Q4 25
$-54.8M
Q3 25
$2.7M
Q2 25
$6.3M
$2.9M
Q1 25
$5.9M
Q4 24
$38.1M
Q3 24
$21.7M
Q2 24
$9.9M
$-12.5M
Q1 24
$-8.1M
Gross Margin
GILT
GILT
HLIT
HLIT
Q4 25
103.3%
Q3 25
54.2%
Q2 25
35.8%
53.5%
Q1 25
59.0%
Q4 24
-3.7%
Q3 24
53.5%
Q2 24
39.7%
52.9%
Q1 24
51.7%
Operating Margin
GILT
GILT
HLIT
HLIT
Q4 25
Q3 25
6.9%
Q2 25
5.4%
2.8%
Q1 25
7.6%
Q4 24
Q3 24
18.1%
Q2 24
9.8%
-11.3%
Q1 24
-7.8%
Net Margin
GILT
GILT
HLIT
HLIT
Q4 25
103.4%
Q3 25
1.9%
Q2 25
4.1%
2.1%
Q1 25
4.5%
Q4 24
120.5%
Q3 24
11.1%
Q2 24
7.8%
-9.0%
Q1 24
-6.6%
EPS (diluted)
GILT
GILT
HLIT
HLIT
Q4 25
$-0.48
Q3 25
$0.02
Q2 25
$57016808.00
$0.03
Q1 25
$0.05
Q4 24
$0.32
Q3 24
$0.19
Q2 24
$56622204.00
$-0.11
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GILT
GILT
HLIT
HLIT
Cash + ST InvestmentsLiquidity on hand
$64.9M
$124.1M
Total DebtLower is stronger
$56.5M
$112.1M
Stockholders' EquityBook value
$315.8M
$383.2M
Total Assets
$575.9M
$718.5M
Debt / EquityLower = less leverage
0.18×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GILT
GILT
HLIT
HLIT
Q4 25
$124.1M
Q3 25
$127.4M
Q2 25
$64.9M
$123.9M
Q1 25
$148.7M
Q4 24
$101.5M
Q3 24
$58.2M
Q2 24
$93.7M
$45.9M
Q1 24
$84.3M
Total Debt
GILT
GILT
HLIT
HLIT
Q4 25
$112.1M
Q3 25
$112.8M
Q2 25
$56.5M
$113.3M
Q1 25
$113.8M
Q4 24
$114.3M
Q3 24
$114.8M
Q2 24
$2.0M
Q1 24
Stockholders' Equity
GILT
GILT
HLIT
HLIT
Q4 25
$383.2M
Q3 25
$443.0M
Q2 25
$315.8M
$446.4M
Q1 25
$446.1M
Q4 24
$465.3M
Q3 24
$428.9M
Q2 24
$282.8M
$392.8M
Q1 24
$409.2M
Total Assets
GILT
GILT
HLIT
HLIT
Q4 25
$718.5M
Q3 25
$758.6M
Q2 25
$575.9M
$783.3M
Q1 25
$773.7M
Q4 24
$796.5M
Q3 24
$759.9M
Q2 24
$416.9M
$713.7M
Q1 24
$740.7M
Debt / Equity
GILT
GILT
HLIT
HLIT
Q4 25
0.29×
Q3 25
0.25×
Q2 25
0.18×
0.25×
Q1 25
0.26×
Q4 24
0.25×
Q3 24
0.27×
Q2 24
0.01×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GILT
GILT
HLIT
HLIT
Operating Cash FlowLast quarter
$12.3M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
-18.1%
Capex IntensityCapex / Revenue
-5.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$96.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GILT
GILT
HLIT
HLIT
Q4 25
$12.3M
Q3 25
$23.8M
Q2 25
$-11.7M
Q1 25
$83.6M
Q4 24
$48.5M
Q3 24
$8.7M
Q2 24
$8.2M
$-22.2M
Q1 24
$26.8M
Free Cash Flow
GILT
GILT
HLIT
HLIT
Q4 25
$9.6M
Q3 25
$21.0M
Q2 25
$-15.5M
Q1 25
$81.7M
Q4 24
$46.2M
Q3 24
$5.7M
Q2 24
$1.7M
$-24.1M
Q1 24
$24.9M
FCF Margin
GILT
GILT
HLIT
HLIT
Q4 25
-18.1%
Q3 25
14.8%
Q2 25
-11.2%
Q1 25
61.4%
Q4 24
146.0%
Q3 24
2.9%
Q2 24
1.3%
-17.4%
Q1 24
20.4%
Capex Intensity
GILT
GILT
HLIT
HLIT
Q4 25
-5.0%
Q3 25
1.9%
Q2 25
2.8%
Q1 25
1.4%
Q4 24
7.4%
Q3 24
1.5%
Q2 24
5.2%
1.4%
Q1 24
1.6%
Cash Conversion
GILT
GILT
HLIT
HLIT
Q4 25
Q3 25
8.82×
Q2 25
-4.07×
Q1 25
14.07×
Q4 24
1.27×
Q3 24
0.40×
Q2 24
0.83×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons