Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Adi Sfadia Chief Financial Officer — Gil Benyamini TAKEAWAYS Total Revenue -- $137 million, a 75% increase year over year for the quarter, and $451.7 million for the full year, reflecting a 48% rise with 6% organic growth. -- $137 million, a 75% increase year over year for the quarter,...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Adi Sfadia Chief Financial Officer — Gil Benyamini TAKEAWAYS Total Revenue -- $137 million, a 75% increase year over year for the quarter, and $451.7 million for the full year, reflecting a 48% rise with 6% organic growth. -- $137 million, a 75% increase year over year for the quarter, and $451.7 million for the full year, reflecting a 48% rise with 6% organic growth. Adjusted EBITDA -- $18.2 million for the quarter, up 50%; full year totaled $53.2 million, a 26% increase. -- $18.2 million for the quarter, up 50%; full year totaled $53.2 million, a 26% increase. Commercial Segment Q4 Revenue -- $75.1 million, 103% growth, mainly driven by in-flight connectivity and the Stellar Blue contribution. -- $75.1 million, 103% growth, mainly driven by in-flight connectivity and the Stellar Blue contribution. Defense Segment Q4 Revenue -- $33.3 million, representing 14% year-over-year growth. -- $33.3 million, representing 14% year-over-year growth. Peru Segment Q4 Revenue -- $28.5 million, compared with $11.8 million, driven by network upgrade projects. -- $28.5 million, compared with $11.8 million, driven by network upgrade projects. GAAP Gross Margin -- 28% for the quarter, compared to 40%, due to lower Stellar Blue margins and a $2.9 million intangible amortization expense. -- 28% for the quarter, compared to 40%, due to lower Stellar Blue margins and a $2.9 million intangible amortization expense. GAAP Operating Income -- $13 million, nearly flat from $12.8 million in the prior year's comparable quarter. -- $13 million, nearly flat from $12.8 million in the prior year's comparable quarter. GAAP Net Income -- $8.8 million, or $0.13 per share, down from $11.8 million, or $0.21 per share, due to higher financing and tax expenses. -- $8.8 million, or $0.13 per share, down from $11.8 million, or $0.21 per share, due to higher financing and tax expenses. Non-GAAP N...