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Side-by-side financial comparison of GILAT SATELLITE NETWORKS LTD (GILT) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

PROGRESS SOFTWARE CORP is the larger business by last-quarter revenue ($252.7M vs $152.7M, roughly 1.7× GILAT SATELLITE NETWORKS LTD). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 4.1%, a 6.1% 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.

Progress Software Corporation develops and sells enterprise software products including application development platforms, data connectivity tools, and digital experience solutions. It serves global enterprise clients across finance, healthcare, manufacturing, retail and other sectors, helping organizations build scalable, high-performance business applications and streamline operational workflows.

GILT vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.7× larger
PRGS
$252.7M
$152.7M
GILT
Higher net margin
PRGS
PRGS
6.1% more per $
PRGS
10.2%
4.1%
GILT

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GILT
GILT
PRGS
PRGS
Revenue
$152.7M
$252.7M
Net Profit
$6.3M
$25.7M
Gross Margin
35.8%
81.6%
Operating Margin
5.4%
15.2%
Net Margin
4.1%
10.2%
Revenue YoY
17.5%
Net Profit YoY
2144.6%
EPS (diluted)
$57016808.00
$0.59

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
PRGS
PRGS
Q4 25
$252.7M
Q3 25
$249.8M
Q2 25
$152.7M
$237.4M
Q1 25
$238.0M
Q4 24
$215.0M
Q3 24
$178.7M
Q2 24
$126.6M
$175.1M
Q1 24
$184.7M
Net Profit
GILT
GILT
PRGS
PRGS
Q4 25
$25.7M
Q3 25
$19.4M
Q2 25
$6.3M
$17.0M
Q1 25
$10.9M
Q4 24
$1.1M
Q3 24
$28.5M
Q2 24
$9.9M
$16.2M
Q1 24
$22.6M
Gross Margin
GILT
GILT
PRGS
PRGS
Q4 25
81.6%
Q3 25
81.0%
Q2 25
35.8%
80.1%
Q1 25
80.6%
Q4 24
83.0%
Q3 24
83.7%
Q2 24
39.7%
81.7%
Q1 24
82.2%
Operating Margin
GILT
GILT
PRGS
PRGS
Q4 25
15.2%
Q3 25
17.6%
Q2 25
5.4%
16.3%
Q1 25
13.6%
Q4 24
10.0%
Q3 24
22.6%
Q2 24
9.8%
15.5%
Q1 24
19.0%
Net Margin
GILT
GILT
PRGS
PRGS
Q4 25
10.2%
Q3 25
7.8%
Q2 25
4.1%
7.2%
Q1 25
4.6%
Q4 24
0.5%
Q3 24
15.9%
Q2 24
7.8%
9.2%
Q1 24
12.3%
EPS (diluted)
GILT
GILT
PRGS
PRGS
Q4 25
$0.59
Q3 25
$0.44
Q2 25
$57016808.00
$0.39
Q1 25
$0.24
Q4 24
$0.01
Q3 24
$0.65
Q2 24
$56622204.00
$0.37
Q1 24
$0.51

Balance Sheet & Financial Strength

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

Metric
GILT
GILT
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$64.9M
$94.8M
Total DebtLower is stronger
$56.5M
$1.4B
Stockholders' EquityBook value
$315.8M
$478.3M
Total Assets
$575.9M
$2.5B
Debt / EquityLower = less leverage
0.18×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GILT
GILT
PRGS
PRGS
Q4 25
$94.8M
Q3 25
$99.0M
Q2 25
$64.9M
$102.0M
Q1 25
$124.2M
Q4 24
$118.1M
Q3 24
$232.7M
Q2 24
$93.7M
$190.4M
Q1 24
$133.2M
Total Debt
GILT
GILT
PRGS
PRGS
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$56.5M
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
Q2 24
$2.0M
Q1 24
Stockholders' Equity
GILT
GILT
PRGS
PRGS
Q4 25
$478.3M
Q3 25
$477.7M
Q2 25
$315.8M
$452.7M
Q1 25
$431.8M
Q4 24
$438.8M
Q3 24
$425.6M
Q2 24
$282.8M
$401.7M
Q1 24
$461.7M
Total Assets
GILT
GILT
PRGS
PRGS
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$575.9M
$2.4B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$1.6B
Q2 24
$416.9M
$1.6B
Q1 24
$1.5B
Debt / Equity
GILT
GILT
PRGS
PRGS
Q4 25
2.93×
Q3 25
2.97×
Q2 25
0.18×
3.22×
Q1 25
3.50×
Q4 24
3.48×
Q3 24
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
PRGS
PRGS
Operating Cash FlowLast quarter
$62.8M
Free Cash FlowOCF − Capex
$59.9M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GILT
GILT
PRGS
PRGS
Q4 25
$62.8M
Q3 25
$73.4M
Q2 25
$30.0M
Q1 25
$68.9M
Q4 24
$19.7M
Q3 24
$57.7M
Q2 24
$8.2M
$63.7M
Q1 24
$70.5M
Free Cash Flow
GILT
GILT
PRGS
PRGS
Q4 25
$59.9M
Q3 25
$72.4M
Q2 25
$29.5M
Q1 25
$67.7M
Q4 24
$16.8M
Q3 24
$56.6M
Q2 24
$1.7M
$62.7M
Q1 24
$70.2M
FCF Margin
GILT
GILT
PRGS
PRGS
Q4 25
23.7%
Q3 25
29.0%
Q2 25
12.4%
Q1 25
28.4%
Q4 24
7.8%
Q3 24
31.7%
Q2 24
1.3%
35.8%
Q1 24
38.0%
Capex Intensity
GILT
GILT
PRGS
PRGS
Q4 25
1.1%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.5%
Q4 24
1.3%
Q3 24
0.6%
Q2 24
5.2%
0.5%
Q1 24
0.2%
Cash Conversion
GILT
GILT
PRGS
PRGS
Q4 25
2.44×
Q3 25
3.78×
Q2 25
1.76×
Q1 25
6.30×
Q4 24
17.13×
Q3 24
2.03×
Q2 24
0.83×
3.93×
Q1 24
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GILT
GILT

Segment breakdown not available.

PRGS
PRGS

Maintenanceand Services$187.5M74%
Share File Acquisition$67.5M27%

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