Gilat Satellite Networks (GILT) Tax Rate (2009 - 2026)
Gilat Satellite Networks (GILT) posted quarterly Tax Rate of 7.87% for Q1 2026, down 7067.0% year-over-year from 0.11% in Q1 2025, and up 67.59% quarter-over-quarter from 24.27% in Q4 2025.
Gilat Satellite Networks (GILT) Tax Rate (2009 - 2026) Analysis & Trends
Gilat Satellite Networks (GILT) has reported Tax Rate for 18 consecutive years, with 7.87% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 7067.0% year-over-year to 7.87%; the TTM figure through Mar 2026 stood at 13.0% (up 4218.0% YoY), while the FY2025 annual figure was 9.56%, down 2447.0% from the prior year.
- Tax Rate advanced to 7.87% in Q1 2026 per GILT's latest filing, from 24.27% in the prior quarter.
- Across five years, Tax Rate topped out at 200.87% in Q4 2022 and bottomed at 63.87% in Q2 2023.
- Historically, Tax Rate has averaged 15.01% across 5 years, with a median of 7.94% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 1129946 bps — and 2025, when it jumped 17911 bps.
- Gilat Satellite Networks' Tax Rate stood at 200.87% in 2022, then plunged by 108 bps to 15.41% in 2023, then surged by 46 bps to 8.33% in 2024, then plunged by 191 bps to 24.27% in 2025, then jumped by 68 bps to 7.87% in 2026.
- Business Quant data shows GILT's Tax Rate at 7.87% in Q1 2026, 24.27% in Q4 2025, and 23.56% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 16.49% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 10.73% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 24.80% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 21.55% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 5.56% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 19.38% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -29.00% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -0.37% |
| 10 | Gilat Satellite Networks | 886.61 Mn | 878.67 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.87% |
| Mar 31, 2026 | -7.87% |
| Mar 31, 2026 | -7.87% |
| Dec 31, 2025 | -24.27% |
| Dec 31, 2025 | -24.27% |
| Dec 31, 2025 | -24.27% |
| Sep 30, 2025 | 23.56% |
| Sep 30, 2025 | 23.56% |
| Sep 30, 2025 | 23.56% |
| Jun 30, 2025 | 121.70% |
| Jun 30, 2025 | 121.70% |
| Jun 30, 2025 | 121.70% |
| Mar 31, 2025 | 62.80% |
| Mar 31, 2025 | 62.80% |
| Mar 31, 2025 | 62.80% |
| Dec 31, 2024 | -8.33% |
| Dec 31, 2024 | -8.33% |
| Dec 31, 2024 | -8.33% |
| Sep 30, 2024 | -7.94% |
| Sep 30, 2024 | -7.94% |