Elbit Systems Ltd Earnings
Elbit Systems Ltd, an international high-technology defense company, has reported strong financial performance for the third quarter of 2025. With notable growth in sales and profits, the company has maintained its trajectory of success, propelled by a burgeoning order backlog that offers long-term business visibility.
Elbit Systems Ltd Results
The company's key financial metrics for the third quarter are presented below, showcasing impressive year-over-year and quarter-over-quarter growth.
| Metric | Q3 2025 | Q3 2024 | YoY Change (%) |
|---|---|---|---|
| Total Revenue (Million $) | 1,921.6 | 1,717.5 | +11.9% |
| GAAP Net Income (Million $) | 133.4 | 79.1 | +68.7% |
| Non-GAAP Net Income (Million $) | 159.8 | 98.8 | +61.7% |
| GAAP EPS ($) | 2.80 | 1.77 | +58.2% |
| Non-GAAP EPS ($) | 3.35 | 2.21 | +51.6% |
The operational highlights have been fueled by the company's strategic efficiency and expansion in significant global markets, particularly in Europe.
Revenue Breakdown
The revenue performance across major segments is detailed below:
| Segment | Q3 2025 Revenue (Million $) | Q3 2024 Revenue (Million $) | Change (%) |
|---|---|---|---|
| Aerospace | Decreased | Unchanged | -3% |
| C4I and Cyber | Increased | Unchanged | +14% |
| ISTAR and EW | Increased | Unchanged | +5% |
| Land | Increased | Unchanged | +41% |
| Elbit Systems of America | Decreased | Unchanged | -2% |
In-depth Segment Analysis
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Aerospace : This segment experienced a modest decline primarily due to decreased Precision Guided Munition (PGM) sales in the Asia Pacific, which were somewhat offset by increased sales in Israel.
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C4I and Cyber : Registered a robust 14% increase driven by brisk sales of radio and command systems in Europe.
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ISTAR and EW : Recorded an uptick with a 5% year-over-year growth attributed to heightened demand for Electro-Optic and Electronic Warfare systems in Israel.
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Land : Stood out with a significant 41% revenue surge, spurred by a high volume of ammunition and munition sales in Israel and Europe.
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Elbit Systems of America : Saw a slight reduction due to lower sales in electronic systems, albeit mitigated by a rise in maritime and warfighters systems sales.
Key Developments
Elbit Systems managed to maintain a strong order backlog, totaling $25.2 billion as of September 30, 2025. They also announced significant strategic contracts, including a massive $2.3 billion international contract slated over eight years. These developments underline Elbit's strategic enhancement of its market share in critical defense sectors globally, establishing a solid foundation for sustained growth.
Comments from Company Officers
President and CEO of Elbit Systems, Bezhalel (Butzi) Machlis, expressed optimism about the ongoing business expansion. Highlighting the company's solid quarterly results, Machlis noted the consistent growth in sales and profits, attributing it substantially to the increased demand from European clients and overall enhanced global defense budgets. He commended the company's strategic focus on R&D, which has been crucial in delivering innovative solutions to navigate contemporary security challenges.
Dividends and Share Repurchases
Elbit Systems has declared a dividend of $0.75 per share, demonstrating a commitment to delivering shareholder value. This declaration comes with a record date of December 22, 2025, with a payment scheduled for January 5, 2026, subject to a withholding tax rate of 16.8%.
Elbit Systems Ltd Stock Forecast
Given the robust financial performance, strategic growth in backlog, and significant contract acquisitions, Elbit Systems appears to be on a promising path. Analysts can expect a positive trajectory for stock prices, with potential highs reaching beyond $7.50 if current growth trends continue and geopolitical factors remain favorable. Conversely, if macroeconomic or geopolitical challenges arise, the stock might see levels around $6.50. The company’s proactive measures to stabilize and protect its operations amidst regional conflicts further support this optimistic outlook.
In essence, Elbit Systems Ltd. leverages its expansive order backlog and strategic global contracts to navigate and thrive in the complex geopolitical landscape. With a solid earnings performance and optimistic forecasts, the company is well-positioned for sustained growth.
