Skip to main content
Grafa
Defence
Elbit Systems sees quarterly revenue rise to $2.29B on 16% growth
Image for illustrative purposes only. Not a real photo.

Elbit Systems sees quarterly revenue rise to $2.29B on 16% growth

Share
  • Elbit Systems reported second-quarter 2026 revenue of $2.29 billion, up about 16% from $1.97 billion, while backlog reached $32.0 billion.
  • Non-GAAP diluted EPS rose to $4.14 from $3.23.
  • Elbit said it is increasing R&D and production investment as it works through its backlog, with 42% scheduled for delivery through 2027.

Elbit Systems (NASDAQ:ESLT) reported second-quarter 2026 revenue of $2.29 billion, up about 16% year over year, while its order backlog reached $32 billion.

Non-GAAP diluted EPS rose to $4.14 from $3.23 a year earlier and topped the $3.66 analyst estimate, while revenue exceeded expectations of roughly $2.25 billion.

“The strong momentum in the second quarter was sustained, delivering double-digit growth in sales, backlog and earnings per share,” said Elbit Systems President and CEO Bezhalel Machlis.

GAAP operating income reached $218.8 million, Aerospace revenue fell 8%, and the board declared a $1 dividend payable October 26, 2026.

Elbit said 42% of its backlog is scheduled through 2027.

Elbit recently announced an approximately $350 million international tank-upgrade contract and more than $370 million in U.S. Customs and Border Protection awards.

The company entered the quarter after reporting $2.19 billion of first-quarter revenue and a $30.2 billion backlog while continuing investment in production capacity and research and development.

Frequently asked questions