Elbit Systems reports Q4 EPS $3.56 vs. $2.66 last year

Reports Q4 revenue $2.15B vs. $1.93B last year. Bezhalel Machlis, president and CEO of Elbit Systems (ESLT), commented: “The Company is reporting excellent financial results. In 2025, revenues grew by 16%, profit margins expanded significantly, GAAP net EPS increased by 59%, non-GAAP net EPS increased by 46% and backlog grew by $5.5 billion surpassing the $28 billion mark. We also generated record Free Cash Flow of more than $550 million, representing a 100% cash conversion rate. During 2025, Elbit Systems achieved significant milestones, most notably securing a contract from the IMOD for an Airborne High-Power Laser combat jet fighter Pod and for a High-Power Laser system for helicopters. The Company continues to meet its commitments to an expanding global customer base while strengthening its presence across Europe, the United States, and Asia. We continued to invest heavily in disruptive R&D programs, including AI enhancements across multiple platforms for a total sum of over $500 million. In addition, we are making significant strategic CAPEX investments to address growing global capacity constraints, recognizing that capacity is a critical element of our long-term strategy. Elbit Systems and its employees are playing a key role in providing the IMOD and the IDF capabilities during the Operation Roaring Lion and will continue to serve as a strategic partner to its global customers, maintaining the highest standards and remaining at the forefront of global defense innovation.”