Elbit Systems Q2 FY26 GAAP net income rises to USD 173.6 million; revenue increases to USD 2.29 billion
ESLT•Recent contract wins
Recent wins included a roughly USD 350 million MBT upgrade deal, with U.S. Customs and Border Protection awards topping USD 370 million.
Backlog reaches record level
Order backlog hit a record USD 32 billion; about 73% sat outside Israel, with roughly 42% slated for delivery in 2026-27.
CEO Bezhalel (Butzi) Machlis cited double-digit growth in sales, backlog and EPS, with continued investment in R&D and production capacity.
Q2 revenue and earnings rise
Elbit Systems posted Q2 revenue of USD 2.29 billion, up 15.94% from a year earlier.
GAAP net income attributable to shareholders rose 38.11% to USD 173.6 million; GAAP diluted EPS climbed 34.2% to USD 3.61.
