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Israel's Elbit Systems 2025 profit jumps on Gaza war demand
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Israel's Elbit Systems 2025 profit jumps on Gaza war demand
Mar 17, 2026 3:26 AM

TEL AVIV, March 17 (Reuters) - Elbit Systems,

Israel's largest defence firm, reported a sharp rise in 2025

profit, boosted by strong demand from the military during the

Gaza war, and hinted at further gains from the U.S.-Israeli war

on Iran.

Elbit said on Tuesday it earned $12.75 per diluted

share, excluding one-time items, last year, up from $8.76 in

2024. Revenue rose 16% to $7.9 billion.

In the fourth quarter alone, it earned an adjusted $3.56 per

diluted share, versus $2.66 a year earlier. Revenue rose 11% to

$2.1 billion, the first time quarterly revenue has crossed the

$2 billion mark.

Elbit's order backlog rose to $28.1 billion at the end of

2025 from $22.6 billion in 2024, with 72% attributable to orders

outside Israel and more than half slated to be performed in 2026

and 2027.

Since the start of the Gaza war in October 2023, Elbit has

experienced a "continued material increase in the demand for its

products and solutions" from the Israeli military, it said.

"Elbit Systems and its employees are playing a key role in

providing the Israel Defence Ministry and the IDF capabilities

during the Operation Roaring Lion and will continue to serve as

a strategic partner to its global customers," Elbit said,

referring to Israel's air strikes against Iran that began on

February 28.

The company said it will pay a quarterly dividend of $1.00

per share.

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