Elbit Systems Reports $2.3 Billion in Q2 Revenue, Backlog Reaches $32 Billion
The Israeli defense contractor posted non-GAAP earnings of $4.14 per share for the second quarter as its order book remains robust.
Strong Quarter for Israeli Defense Contractor
Elbit Systems Ltd. reported second quarter 2026 financial results on August 11, delivering revenues of $2.3 billion alongside a substantial order backlog of $32.0 billion. The Haifa-based defense technology company, which trades on both NASDAQ and the Tel Aviv Stock Exchange under the ticker ESLT, posted GAAP net income of $173.6 million for the quarter.
On a non-GAAP basis, the company reported net income of $199.1 million, translating to earnings per share of $4.14. GAAP earnings per share came in at $3.61 for the quarter.
Robust Order Book Signals Future Revenue Visibility
The $32 billion order backlog represents a significant pipeline of contracted work for the defense systems manufacturer, providing substantial revenue visibility in an industry characterized by long-term procurement cycles. With a market capitalization of approximately $40 billion and shares closing at $2,583, Elbit Systems maintains its position as one of Israel's largest publicly traded defense contractors.
Upcoming Investor Engagements
According to MarginX data, Elbit Systems is scheduled to hold its Q2 2026 earnings call on August 11. The company is also slated to present at the Gabelli Funds' 32nd Aerospace & Defense Symposium on September 10, 2026, providing management with an opportunity to engage with institutional investors and analysts covering the aerospace and defense sector.
Recent Insider Activity
MarginX data shows recent insider transactions, including sales of 7,654 shares each by Jonathan Ariel and Haim Daniel Delmar. Ariel also executed a conversion or exercise of derivative securities totaling 9,000 shares. Such transactions are routine corporate filings and may reflect personal financial planning rather than views on company prospects.
The Israeli defense technology firm specializes in a range of military systems including aerospace, land, and naval defense solutions, serving customers globally in both defense and homeland security markets.
This article was generated by MarginX from public news on 2026-08-11. It is not investment advice.