Elbit Systems Reports First Quarter 2026 Results

Elbit Systems reported strong first quarter 2026 results with revenues of $2.19 billion, a 15.4% increase year-over-year. GAAP net income was $160.8 million ($3.34 per share), and non-GAAP net income was $186.4 million ($3.87 per share). The company’s order backlog reached a record $30.2 billion. Significant contract wins include a $750 million contract for artillery rocket systems from Greece, $200 million in advanced airborne munitions from Israel, a $212 million order for night vision systems from the US Army, and a $1.4 billion contract from a European customer for military modernization. The company also announced a dividend of $1.00 per share. Despite geopolitical challenges in the Middle East, Elbit Systems has seen increased demand for its products and is scaling production capacity. The company’s financial performance remains strong, with robust revenue growth, improved operating margins, and significant free cash flow generation.