Elbit Systems Reports 22% Revenue Growth and 9% Increase in Non-GAAP Net Income for Q1 2025, EPS Reaches $2.57

Reuters
2025.05.20 05:34
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Elbit Systems Ltd. reported a 22% revenue growth for Q1 2025, reaching $1.9 billion, up from $1.554 billion in Q1 2024. Non-GAAP net income increased by 9% to $117.2 million, with diluted EPS at $2.57. The growth was driven by a 20% rise in Aerospace revenues and a 48% increase in Land revenues. The order backlog stands at $23.1 billion, with 66% from international orders. The company is focusing on expanding production capacity to meet rising global defense demands.