vs

Side-by-side financial comparison of GILAT SATELLITE NETWORKS LTD (GILT) and MARA Holdings, Inc. (MARA). Click either name above to swap in a different company.

MARA Holdings, Inc. is the larger business by last-quarter revenue ($202.3M vs $152.7M, roughly 1.3× GILAT SATELLITE NETWORKS LTD). GILAT SATELLITE NETWORKS LTD runs the higher net margin — 4.1% vs -14298.3%, a 14302.4% 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.

MARA Holdings, Inc. is an American digital asset technology and cryptocurrency mining company headquartered in Fort Lauderdale, Florida. Founded in 2010, the company initially operated as a patent holding company before pivoting in the late 2010s to focus on blockchain infrastructure and digital assets.

GILT vs MARA — Head-to-Head

Bigger by revenue
MARA
MARA
1.3× larger
MARA
$202.3M
$152.7M
GILT
Higher net margin
GILT
GILT
14302.4% more per $
GILT
4.1%
-14298.3%
MARA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GILT
GILT
MARA
MARA
Revenue
$152.7M
$202.3M
Net Profit
$6.3M
$-1.7B
Gross Margin
35.8%
Operating Margin
5.4%
-11795.9%
Net Margin
4.1%
-14298.3%
Revenue YoY
-5.6%
Net Profit YoY
-423.5%
EPS (diluted)
$57016808.00
$-4.25

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
MARA
MARA
Q4 25
$202.3M
Q3 25
$252.4M
Q2 25
$152.7M
$238.5M
Q1 25
$213.9M
Q4 24
$214.4M
Q3 24
$131.6M
Q2 24
$126.6M
$145.1M
Q1 24
$165.2M
Net Profit
GILT
GILT
MARA
MARA
Q4 25
$-1.7B
Q3 25
$123.1M
Q2 25
$6.3M
$808.2M
Q1 25
$-533.4M
Q4 24
$528.5M
Q3 24
$-124.8M
Q2 24
$9.9M
$-199.7M
Q1 24
$337.2M
Gross Margin
GILT
GILT
MARA
MARA
Q4 25
Q3 25
Q2 25
35.8%
Q1 25
Q4 24
-2613.4%
Q3 24
-1065.0%
Q2 24
39.7%
-587.6%
Q1 24
-289.4%
Operating Margin
GILT
GILT
MARA
MARA
Q4 25
-11795.9%
Q3 25
18.9%
Q2 25
5.4%
Q1 25
-253.0%
Q4 24
Q3 24
-130.8%
Q2 24
9.8%
-160.1%
Q1 24
Net Margin
GILT
GILT
MARA
MARA
Q4 25
-14298.3%
Q3 25
48.8%
Q2 25
4.1%
338.9%
Q1 25
-249.4%
Q4 24
5367.4%
Q3 24
-94.8%
Q2 24
7.8%
-137.6%
Q1 24
204.1%
EPS (diluted)
GILT
GILT
MARA
MARA
Q4 25
$-4.25
Q3 25
$0.27
Q2 25
$57016808.00
$1.84
Q1 25
$-1.55
Q4 24
$1.60
Q3 24
$-0.42
Q2 24
$56622204.00
$-0.72
Q1 24
$1.26

Balance Sheet & Financial Strength

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

Metric
GILT
GILT
MARA
MARA
Cash + ST InvestmentsLiquidity on hand
$64.9M
$547.1M
Total DebtLower is stronger
$56.5M
$3.6B
Stockholders' EquityBook value
$315.8M
$3.5B
Total Assets
$575.9M
$7.3B
Debt / EquityLower = less leverage
0.18×
1.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GILT
GILT
MARA
MARA
Q4 25
$547.1M
Q3 25
$826.4M
Q2 25
$64.9M
$109.5M
Q1 25
$196.2M
Q4 24
$391.8M
Q3 24
$164.3M
Q2 24
$93.7M
$256.0M
Q1 24
$324.3M
Total Debt
GILT
GILT
MARA
MARA
Q4 25
$3.6B
Q3 25
$3.2B
Q2 25
$56.5M
$2.3B
Q1 25
$2.3B
Q4 24
$2.4B
Q3 24
$618.7M
Q2 24
$2.0M
Q1 24
Stockholders' Equity
GILT
GILT
MARA
MARA
Q4 25
$3.5B
Q3 25
$5.2B
Q2 25
$315.8M
$4.8B
Q1 25
$3.7B
Q4 24
$4.1B
Q3 24
$2.9B
Q2 24
$282.8M
$2.6B
Q1 24
$2.5B
Total Assets
GILT
GILT
MARA
MARA
Q4 25
$7.3B
Q3 25
$9.2B
Q2 25
$575.9M
$7.7B
Q1 25
$6.4B
Q4 24
$6.8B
Q3 24
$3.6B
Q2 24
$416.9M
$3.1B
Q1 24
$3.0B
Debt / Equity
GILT
GILT
MARA
MARA
Q4 25
1.04×
Q3 25
0.63×
Q2 25
0.18×
0.47×
Q1 25
0.62×
Q4 24
0.59×
Q3 24
0.22×
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
MARA
MARA
Operating Cash FlowLast quarter
$-802.7M
Free Cash FlowOCF − Capex
$-1.2B
FCF MarginFCF / Revenue
-598.0%
Capex IntensityCapex / Revenue
201.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GILT
GILT
MARA
MARA
Q4 25
$-802.7M
Q3 25
$-199.0M
Q2 25
$-163.4M
Q1 25
$-215.5M
Q4 24
$-677.0M
Q3 24
$-160.1M
Q2 24
$8.2M
$-115.2M
Q1 24
$-88.3M
Free Cash Flow
GILT
GILT
MARA
MARA
Q4 25
$-1.2B
Q3 25
$-283.9M
Q2 25
$-282.4M
Q1 25
$-254.3M
Q4 24
$-927.8M
Q3 24
$-198.1M
Q2 24
$1.7M
$-132.4M
Q1 24
$-97.4M
FCF Margin
GILT
GILT
MARA
MARA
Q4 25
-598.0%
Q3 25
-112.5%
Q2 25
-118.4%
Q1 25
-118.9%
Q4 24
-432.8%
Q3 24
-150.5%
Q2 24
1.3%
-91.2%
Q1 24
-59.0%
Capex Intensity
GILT
GILT
MARA
MARA
Q4 25
201.2%
Q3 25
33.6%
Q2 25
49.9%
Q1 25
18.2%
Q4 24
117.0%
Q3 24
28.9%
Q2 24
5.2%
11.9%
Q1 24
5.5%
Cash Conversion
GILT
GILT
MARA
MARA
Q4 25
Q3 25
-1.62×
Q2 25
-0.20×
Q1 25
Q4 24
-1.28×
Q3 24
Q2 24
0.83×
Q1 24
-0.26×

Financial Flow Comparison

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

Related Comparisons