Israel’s Elbit Systems Ltd. has reported a sharp rise in second-quarter revenues and earnings, citing strong domestic and international demand for its defense technologies.
The Israeli defense company posted revenues of $2.0 billion for the quarter ended June 30, 2025, up 21% from the same period last year.
According to the company’s earnings release, GAAP net income reached $125.7 million, or $2.69 per share, while non-GAAP net income was $151.0 million, or $3.23 per share. Elbit’s order backlog stood at $23.8 billion at the close of the quarter, reflecting a steady flow of new contracts from around the world.
In a statement, Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said the results demonstrate the company’s sustained momentum.
“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,” Machlis said. He added that the company’s long-term strategy and investments have positioned it for “continued future growth.”
Elbit highlighted its expanding presence in Europe, where it has built production infrastructure, subsidiaries, and strategic partnerships. The company says this network has helped it secure major contracts and strengthen ties with customers in the region. Machlis credited the company’s global workforce as “the driving force behind these milestones.”
The company’s portfolio includes precision strike systems, unmanned aerial platforms, electronic warfare solutions, and integrated command-and-control networks. Management said continued interest from European and other international customers reflects the operational performance of its systems in the field.
Elbit’s positive results come amid a global surge in defense spending, particularly in Europe, where NATO members are accelerating modernization efforts in response to evolving security threats. With a multibillion-dollar backlog and ongoing contract wins, the company says it remains on track to deliver growth in the years ahead.