Earnings Call

ESLT Q2 FY2026 Earnings Call

With Butzi Machlis (President and CEO) and Kobi Kagan (CFO).

ESLT
Fiscal Q2 2026
August 11, 2026
21 min read
4 questions

Elbit Systems Israel is a public company. Every day, over 21,000 people around the world choose to be a part of Elbit Systems’ international success. Elbit Systems employees enjoy a range of culture and leisure initiatives, and are entitled to benefits and discounts at various business across the country.

More about ESLT

Elbit Systems invests in its employees through personal development programs, which includes managerial skills, advanced training programs, career path development and talent enrichment. With offices throughout the world, and a wide variety of products and technologies, we’re confident that you will find just the opportunity you’ve been looking for, right here at Elbit Systems.

EPS
$4.14
up 28%
Operating income
$237.5M
Per Kobi Kagan

1Prepared remarks3 speakers

Operator Ladies and gentlemen, thank you for standing by. Welcome to Elbit Systems' Second Quarter 2026 Results conference call. All participants are at present in listen-only mode. Following management's formal presentation, instructions will be given for the question and answer session. As a reminder, this conference is being recorded. I would now like to hand over the call to Daniella Finn, Elbit Systems VP, Investor Relations. Daniella, please go ahead.
Daniella FinnVP of Investor Relations

Thank you, operator. Hello, everyone, and welcome to our second quarter 2026 earnings call. On the call with me today are Butzi Machlis, President and CEO, Kobi Kagan, CFO, and myself, Daniella Finn. Before we begin, I would like to point out that the safe harbor statement in the company's press release issued earlier today also refers to the contents of this conference call. I would like to remind all listeners that the conference call today may contain forward-looking statements regarding the company and its…

Kobi KaganCFO

Thank you, Daniella. Hello, everyone, and thank you for joining us today. We are pleased to report another strong quarter, delivering double-digit growth in revenues, backlog, operating profit, and EPS. Our profitability margins, gross operating and net, continue to expand, surpassing our internal targets. Building on the strong momentum we have established over the past several quarters, we continue to win important new business and expand our backlog to a record of $32 billion. Taking a closer look into the…

Butzi MachlisPresident and CEO

Thank you, Kobi. Following another quarter of strong financial performance, as Kobi just outlined, we continued to convert market demand into growth, booking substantial new orders, and increasing our backlog to a record of $32 billion. I am very proud of the consistent execution and business momentum demonstrated across our organization. In the U.S., Elbit Systems of America received multiple awards from the U.S. Customs and Border Protection, valued at approximately $370 million.

These awards reflect the…

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