PRNewsWire
26 May 2026, 09:15 UTC · 2h ago
ELBIT SYSTEMS REPORTS FIRST QUARTER 2026 RESULTS
Source · https://www.prnewswire.com/news-releases/elbit-systems-reports-first-quarter-2026-results-302781638.html
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PRNewsWire
26 May 2026, 09:15 UTC · 2h ago
Source · https://www.prnewswire.com/news-releases/elbit-systems-reports-first-quarter-2026-results-302781638.html
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Story key points
5 claims · impact-rated
Elbit Systems' order backlog reached a record level, exceeding $30 billion for the first time. — A record backlog provides high revenue visibility and suggests sustained demand for defense products over a long horizon.
+0.80The company reported first quarter 2026 revenues of $2.19 billion, representing double-digit growth compared to $1.90 billion in Q1 2025. — Significant year-over-year revenue growth demonstrates strong execution and market penetration.
+0.60Non-GAAP operating margins expanded to 10.1% from 8.7% in the prior year period. — Margin expansion indicates improved operational efficiency and pricing power alongside growth.
+0.50The company announced a significant new contract win in Europe. — New large-scale contracts in strategic markets validate the company's competitiveness and future growth pipeline.
Land revenues increased by 27% year-over-year, driven primarily by ammunition and munition sales in Israel and Europe. — Highlighting a specific high-growth segment reflects a direct correlation between geopolitical instability and increased demand.
+0.30Impact vectors
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Model heads
The company reported strong Q1 2026 results with double-digit growth in revenue, record order backlog exceeding $30 billion, and a significant new European contract win.
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