Elbit Systems reports Q2 revenue $2.0 bln, GAAP net income $125.7 mln, backlog $23.8 bln.

• Elbit Systems reports Q2 order backlog at $23.8 bln • Revenues reach $2.0 bln • GAAP net income is $125.7 mln • Non-GAAP net income is $151.0 mln • GAAP net EPS is $2.69 • Non-GAAP net EPS is $3.23

Haifa, Israel, Aug. 13, 2025 - Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT), a leading global defense technology company, has released its second-quarter 2025 financial results, showcasing robust growth and a significant order backlog. The company reported revenues of $2.0 billion, up 21% year-over-year, driven by strong demand for its defense technologies worldwide.

Elbit Systems' non-GAAP net income for the second quarter reached $151.0 million, an increase of 55% compared to the same period last year. This performance was supported by a 12% increase in aerospace revenues, primarily due to sales of Precision Guided Munitions (PGM) in Israel and Asia Pacific, and Unmanned Aerial Systems (UAS) in Europe. Revenues from Command, Control, Communications, Computers, Cyber (C4I) and Cyber systems also grew by 21%, while Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR) and Electronic Warfare (EW) revenues increased by 15%.

The company's order backlog, as of June 30, 2025, stood at $23.8 billion, with approximately 68% of the backlog coming from outside Israel. This backlog represents a significant portion of the company's future growth potential, with 46% of the orders scheduled to be executed in the remainder of 2025 and 2026.

Elbit Systems' cash flow from operating activities in the first half of 2025 was $304.0 million, a substantial increase from the $26.0 million reported in the same period last year. The company's non-GAAP operating income for the second quarter was $175.1 million, representing 8.9% of revenues, up from 8.0% in the same period last year.

Elbit Systems' President and CEO, Bezhalel (Butzi) Machlis, commented, "Elbit Systems delivers strong financial results, with revenues growing 21% year over year and non-GAAP EPS up 55%, as well as strong free cash flow generation; leveraging strong domestic and global demand and presence. Elbit Systems continues its upward momentum, driven by sustained demand for its proven technologies and solutions. The Company's long-term strategy and investments have positioned the Company for continued future growth."

Elbit Systems' robust presence in Europe, built through subsidiaries, production infrastructure, and strategic partnerships, has laid the groundwork for securing major contracts that strengthen customer relationships. The company's dedicated employees worldwide continue to be the driving force behind these milestones.

References:
[1] https://sg.finance.yahoo.com/news/elbit-systems-reports-second-quarter-063900062.html
[2] https://seekingalpha.com/news/4484412-elbit-systems-non-gaap-eps-of-323-beats-by-066-revenue-of-197b