Elbit Systems Reports Strong 2025 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2026
0mins
Should l Buy ESLT?
Source: PRnewswire
- Record Backlog: As of December 31, 2025, Elbit Systems reported an order backlog of $28.1 billion, an increase of $5.5 billion from $22.6 billion in 2024, indicating robust demand and growth potential in the global defense market.
- Significant Revenue and Profit Growth: The company achieved total revenues of $7.94 billion in 2025, a 16.3% increase year-over-year, with GAAP net income of $534 million, reflecting a 66.5% rise from 2024, showcasing strong performance across all business segments.
- R&D and Strategic Investments: In 2025, Elbit Systems invested over $500 million in disruptive R&D projects, particularly in AI applications, aimed at enhancing product competitiveness and meeting growing market demands, ensuring long-term sustainable growth.
- Cash Flow and Shareholder Returns: The company generated over $550 million in free cash flow in 2025, achieving a 100% cash conversion rate, while the board declared a $1.00 per share dividend, demonstrating strong cash generation capabilities and commitment to shareholder returns.
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Analyst Views on ESLT
Wall Street analysts forecast ESLT stock price to fall
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 794.950
Low
531.00
Averages
553.67
High
580.00
Current: 794.950
Low
531.00
Averages
553.67
High
580.00
About ESLT
Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs. In addition, it provides a range of support services. The Company's activities include military aircraft and helicopter systems; helmet mounted systems; commercial aviation systems and aerostructures; unmanned aircraft and unmanned surface vessels; land vehicle systems; command, control, communications, computer and intelligence (C4I) systems; intelligence and cyber systems; electro-optic and countermeasures systems; electronic warfare and signal intelligence systems, and various commercial activities. It operates primarily in the defense and homeland security arenas.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Significant Order Size: Elbit Systems' U.S. subsidiary has secured a delivery order valued at approximately $212 million for the continued production of Enhanced Night Vision Goggle - Binocular (ENVG-B) systems, with deliveries expected to continue through 2028, showcasing the company's strong market position in defense.
- Exclusive Supplier Advantage: Elbit Systems was the only prime supplier selected for this order, breaking the U.S. Army's historical practice of splitting production among multiple vendors, thereby further solidifying its leadership in the night vision equipment market.
- Technological Innovation Enhancement: The ENVG-B system combines high-resolution image intensification with thermal imaging, enabling soldiers to clearly detect and engage threats in low-light or no-light environments, enhancing operational effectiveness and survivability, which aligns with modern battlefield demands.
- Continued Trust Demonstration: The CEO of Elbit Systems stated that the continuation of this order reflects the performance and trust established in the program awarded in 2023, highlighting the company's ongoing commitment to innovation and its strategic goal of providing clarity and confidence to defense partners.
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- Significant Order Value: Elbit Systems' U.S. subsidiary has received a delivery order valued at approximately $212 million for the continued production of Enhanced Night Vision Goggle-Binocular (ENVG-B) systems, with deliveries scheduled through 2028, indicating sustained demand from the U.S. Army for advanced night vision technology.
- Exclusive Supplier Status: Elbit is the only prime supplier selected for this delivery order, highlighting its competitive edge in night vision technology and reflecting the U.S. Army's high regard for the quality and reliability of its products.
- Production Allocation History: Historically, the U.S. Army has split production of these systems among multiple vendors, and Elbit's selection as the sole supplier may influence future supply chain strategies and market competition dynamics.
- Strategic Implications: This order not only solidifies Elbit's position in the defense market but also provides potential funding for future R&D and production capabilities, further driving the company's expansion in the high-tech military equipment sector.
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- Significant Order Value: Elbit Systems of America's receipt of a delivery order valued at approximately $212 million for the Enhanced Night Vision Goggle - Binocular (ENVG-B) systems indicates a strong market position in the defense sector, with deliveries expected through 2028.
- Exclusive Supplier Status: Being the only prime supplier selected for this order highlights Elbit Systems of America's leading position in night vision technology and the high level of trust from the U.S. Army, further solidifying its market share.
- Technological Advantages: The ENVG-B system combines high-resolution image intensification with thermal imaging, enabling U.S. soldiers to clearly detect and engage threats in low-light or no-light environments, thereby enhancing battlefield survivability and operational effectiveness.
- Commitment to Continuous Innovation: The CEO of Elbit Systems emphasized that the continuation of this order reflects the company's ongoing commitment to innovation and technology development, aimed at providing defense partners with the clarity and confidence needed to tackle modern battlefield challenges.
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- Earnings Release Schedule: Elbit Systems is set to publish its Q1 2026 financial results on May 26, 2026, with management expected to review and discuss the results, which may influence investor confidence.
- Conference Call Details: The company will host a conference call at 9:00 AM Eastern Time on May 26, providing multiple dial-in numbers for investor participation, ensuring transparency and information sharing.
- Company Background: Elbit Systems is a leading global defense technology company, reporting revenues of $7.938 billion for 2025 and an order backlog of $28.1 billion, indicating strong market demand and growth potential.
- Future Outlook: The company emphasizes its forward-looking statements, committing to long-term growth and business expansion despite market and economic uncertainties, reflecting confidence in its future development.
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- Earnings Release Schedule: Elbit Systems plans to publish its Q1 2026 financial results on May 26, 2026, reflecting the company's ongoing growth and market performance in the global defense technology sector.
- Conference Call Details: Following the earnings release, the company will host a conference call at 9:00 AM Eastern Time, where management will review financial results and answer investor questions, enhancing transparency and investor confidence.
- Dial-in Information: Investors can participate using the US dial-in number 1-866-744-5399 or the Israel dial-in number +972-3-918-0644, ensuring convenient access for global investors.
- Company Background: Elbit Systems reported revenues of $7.939 billion for 2025, with a backlog of $28.1 billion, indicating strong market demand and future growth potential.
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- Earnings Release Schedule: Elbit Systems will publish its Q1 2026 financial results on May 26, 2026, with management expected to discuss these results in detail during the conference call, which may influence investor decisions.
- Conference Call Timing: The call is scheduled for 9:00 AM Eastern Time, during which management will answer investor questions, enhancing transparency and boosting investor confidence.
- Dial-in Information: Investors can participate via multiple dial-in numbers, including the US number 1-866-744-5399 and the Israeli number +972-3-918-0644, ensuring global investor access.
- Company Background: Elbit Systems is a leading global defense technology company, reporting revenues of $7.939 billion for 2025 and an order backlog of $28.1 billion, indicating strong market demand and future growth potential.
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