Elbit Systems Reports $2.3B Revenue and Record $32B Backlog in Q2 2026
Key Facts
Amid rising global demand in the defense sector, Elbit Systems announced strong financial results reflecting stability in international contract flows. The company reported revenues of $2.3 billion for the second quarter of 2026, supported by an order backlog reaching a record high of $32.0 billion. Non-GAAP diluted net EPS for the quarter stood at $846.04, signaling robust operational performance for the contractor.
These figures reflect growth in profitability, with GAAP operating income reaching $218.8 million, representing 9.6% of total revenues. Per market data, this performance occurs during a period of significant momentum for the defense industry, as increased GAAP gross margins of 25.3% contributed to strengthening the company's financial position compared to prior periods cited in financial reports.
The ESLT share price stood at $846.04 at the close of August 10, 2026, with the stock trading within a daily range between $844.9 and $863.12. With no immediate sector-specific catalysts in the upcoming economic calendar, investors will watch support levels near the daily low of $844.9 to assess the sustainability of the post-earnings bullish momentum.