Elbit Techniques beats analysts, backlog reaches new peak
Protection firm Elbit Techniques (TASE: ESLT; Nasdaq: ESLT) experiences a brand new peak in its orders backlog, which reached $32 billion on the finish of the second quarter. On the finish of 2025 it was $28 billion.
Elbit Techniques’ second quarter income was $2.29 billion, 16% greater than within the corresponding quarter of 2025. The corporate posted a non-GAAP internet revenue of $199 million (NIS 600 million), up 32% compared with the corresponding quarter. Non-GAAP adjusted earnings per share had been $4.14, beating the consensus analysts’ estimate of $3.68.
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Elbit Techniques says that 73% of its orders backlog comes from exterior Israel, and that 42% of will probably be carried out by the tip of 2027. The corporate sees the rise in demand persevering with.
“Elbit Techniques continues to put money into R&D to safe our future progress. Our elevated capital investments in manufacturing infrastructure replicate a disciplined strategy to scaling the enterprise, enhancing execution, growing capability, and supporting our capacity to ship at scale, whereas changing backlog into sustainable income and earnings progress,” firm president and CEO Bezhalel Machlis stated.
However, the corporate notes that “On account of the conflict and the opposite conflicts within the Center East, a few of Elbit Techniques’ operations have skilled disruptions attributable to provide chain and operational constraints, together with amongst others will increase in transportation prices and delays attributable to components such because the Houthi motion assaults on delivery within the Pink Sea, materials and part shortages and elevated costs, worker call-ups for reserve responsibility, limitations imposed by some international locations on engagement with Israel and assaults on a few of Elbit Techniques’ international services by anti-Israeli organizations.”
Elbit Techniques has a market cap of NIS 121 billion after a 41% rise in its share worth up to now this yr and a 240% rise inside three years. Because the peak reached in March this yr, the share worth has declined by 16%. In at this time’s buying and selling on the Tel Aviv Inventory Trade, Elbit Techniques is down 5.2%.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 11, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
