EL7.AI
StocksMediumUpdated×2•Originally published 5 August 2026•Updated 5 August 2026•
1 min read

Strong Q2 Growth for TAT, Gilat, and TeraWulf as Operations Expand

Key Facts

1TAT Technologies reported a 22.8% revenue increase with backlog reaching a record $615 million.
2Gilat revenue grew 17% to $122.7 million, with Adjusted EBITDA increasing by 31%.
3TeraWulf reported 102 MW of revenue-generating critical IT capacity online at Lake Mariner.

Amid sustained demand in the aerospace and technology infrastructure sectors, three global firms reported positive Q2 2026 financial results reflecting significant operational expansion. TAT Technologies achieved a 22.8% revenue increase, with its backlog and long-term agreements reaching a record $615 million. Simultaneously, Gilat reported that its revenue grew 17% to $122.7 million, bolstered by a 31% surge in Adjusted EBITDA.

These results strengthen the outlook for the technology and defense services sectors, as TeraWulf announced that 102 MW of revenue-generating critical IT capacity is now online at its Lake Mariner site. Per market data, this growth coincides with easing supply chain conditions that allowed TAT to improve profitability, while Gilat reiterated its full-year 2026 guidance for revenue between $500 million and $520 million, representing approximately 13% growth at the midpoint.

Looking ahead, investors are watching for the closing of Gilat’s Comtech acquisition by year-end, which is expected to create a company with over $700 million in pro forma annual revenues.

Latest Updates · 1

  1. Notable·

    Update: Detailed data for TAT Technologies revealed a significant beat, with earnings per share of $0.35 exceeding estimates by 25% on quarterly revenue of $52.94 million. The company's financial position is further bolstered by a strong current ratio of 4.69 and a very low debt-to-equity ratio of 0.09, reflecting high liquidity and minimal credit risk.