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Elbit Systems Posts Record Backlog and Strong Q1 2026 on Wartime Demand

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Elbit Systems ( (IL:ESLT) ) just unveiled an update.

Elbit Systems reported strong first‑quarter 2026 results on May 26, 2026, with revenues rising to $2.19 billion and GAAP net income climbing to $160.8 million, driven by double‑digit growth in most segments. Order backlog reached a record $30.2 billion, free cash flow improved sharply, and management highlighted margin expansion, capacity scaling and heightened demand amid elevated global defense spending.

The company said the Middle East conflicts since October 2023, including February–April 2026 hostilities involving Iran, Hezbollah and Hamas, have materially boosted demand from Israel’s Ministry of Defense while also disrupting supply chains and operations. Elbit has taken steps to protect staff, increase inventories and maintain business continuity, and in April 2026 secured a roughly $750 million contract to supply PULS artillery rocket systems to the Hellenic Armed Forces, reinforcing its European footprint.

The most recent analyst rating on (IL:ESLT) stock is a Hold with a ILs930.00 price target. To see the full list of analyst forecasts on Elbit Systems stock, see the IL:ESLT Stock Forecast page.

More about Elbit Systems

Elbit Systems Ltd. is an international high‑technology defense company based in Israel, providing end‑to‑end solutions across land, sea and air domains. Its portfolio spans aerospace, C4I and cyber, ISTAR and electronic warfare, land systems and ammunition, and U.S. operations, with a growing focus on European and Asian defense markets.

Average Trading Volume: 92,762

Technical Sentiment Signal: Buy

Current Market Cap: ILs106.6B

Find detailed analytics on ESLT stock on TipRanks’ Stock Analysis page.

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