Gilat Satellite Networks (GILT) Tax Provisions (2009 - 2026)
Gilat Satellite Networks (GILT) posted quarterly Tax Provisions of -$447000.0 for Q1 2026, up 80.67% year-over-year from -$247406.3 in Q1 2025, and up 84.14% quarter-over-quarter from -$2.8 million in Q4 2025.
Gilat Satellite Networks (GILT) Tax Provisions (2009 - 2026) Analysis & Trends
Gilat Satellite Networks (GILT) has reported Tax Provisions for 18 consecutive years, with -$447000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 80.67% year-over-year to -$447000.0; the TTM figure through Mar 2026 stood at $3.7 million (up 164.19% YoY), while the FY2025 annual figure was -$1.8 million, down 141.57% from the prior year.
- Tax Provisions grew to -$447000.0 in Q1 2026 per GILT's latest filing, from -$2.8 million in the prior quarter.
- Across five years, Tax Provisions topped out at $12.0 million in Q4 2022 and bottomed at -$3.1 million in Q2 2023.
- Historically, Tax Provisions has averaged $316647.1 across 5 years, with a median of -$588000.0 in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions tumbled 1021.81% — and 2025, when it jumped 407.46%.
- Gilat Satellite Networks' Tax Provisions stood at $12.0 million in 2022, then slumped by 105.24% to -$628000.0 in 2023, then sank by 70.22% to -$1.1 million in 2024, then plunged by 163.61% to -$2.8 million in 2025, then soared by 84.14% to -$447000.0 in 2026.
- Business Quant data shows GILT's Tax Provisions at -$447000.0 in Q1 2026, -$2.8 million in Q4 2025, and $1.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 666.00 Mn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 75.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 184.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 39.60 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 12.84 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 56.25 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -177.87 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 1.11 Mn |
| 10 | Gilat Satellite Networks | 886.61 Mn | 878.67 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -447,000.00 |
| Dec 31, 2025 | -2.82 Mn |
| Sep 30, 2025 | 1.54 Mn |
| Jun 30, 2025 | 5.40 Mn |
| Mar 31, 2025 | -2.31 Mn |
| Dec 31, 2024 | -1.07 Mn |
| Sep 30, 2024 | -588,000.00 |
| Jun 30, 2024 | -1.76 Mn |
| Mar 31, 2024 | -940,000.00 |
| Dec 31, 2023 | -628,000.00 |
| Sep 30, 2023 | -2.24 Mn |
| Jun 30, 2023 | -3.11 Mn |
| Mar 31, 2023 | 1.28 Mn |
| Dec 31, 2022 | 11.99 Mn |
| Sep 30, 2022 | 243,000.00 |
| Jun 30, 2022 | 517,000.00 |
| Mar 31, 2022 | 315,000.00 |
| Dec 31, 2021 | 2.97 Mn |
| Sep 30, 2021 | 49,000.00 |
| Jun 30, 2021 | 227,000.00 |