We investigated the effects of different dietary lipid levels on gilthead seabream, Sparus aurata, reared at Mediterranean summer temperature. Sixty fish (average weight 75 g) per tank were randomly distributed, in triplicate groups, in a recirculating rearing system (27±1°C) and fed ad libitum five isonitrogenous (46% dietary protein) diets with increasing lipid level (16, 18, 20, 22 and 24% named D16, D18, D20, D22 and D24, respectively), over 89 days. Specific growth rate and final body weight were not affected by dietary lipid levels. Feed conversion ratio was significantly higher (P≤0.05) in D16 as compared to the other treatments, most likely due to the shortage of dietary energy supply, coped with a significantly higher voluntary feed intake. Consequently, we obtained a significantly lower protein efficiency ratio and gross protein efficiency in D16. Gross lipid efficiency was significantly higher in D16 and D18 than in the other treatments. Biometric parameters and lipase activity in gut content were not influenced by dietary treatments. In conclusion, D18 seems the most suitable diet for gilthead seabream reared at Mediterranean summer temperature, providing both the lowest fish in fish out (FIFO) ratio and a protein sparing effect, which makes gilthead seabream's production economically and environmentally more sustainable.