Elbit Systems (ESLT) Cost of Revenue (2009 - 2026)
Elbit Systems' Cost of Revenue came in at $1.71 billion for the quarter ended Jun 30, 2026, up 13.9% from $1.5 billion a year earlier and up 4.4% from the prior quarter.
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Analysis
Elbit Systems (ESLT) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Elbit Systems reported Cost of Revenue of $6.41 billion, up 12.2% year-over-year; for the year ended Dec 31, 2025, it came in at $6 billion, up 15.8% from the prior year.
- Cost of Revenue has increased in each of the last 13 years, with a five-year compound annual growth rate of 11.4% (years ended Dec 2020 to Dec 2025).
- Going back by year, Cost of Revenue was $5.19 billion in the year ended Dec 31, 2024 (+15.5%), $4.49 billion in the year ended Dec 31, 2023 (+8.5%), $4.14 billion in the year ended Dec 31, 2022 (+5.6%) and $3.92 billion in the year ended Dec 31, 2021 (+12.1%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Cost of Revenue in data going back to the quarter ended Mar 31, 2009.
- Year-over-year, Cost of Revenue has increased for 16 consecutive quarters, with growth averaging 15.6% over the last eight quarters.
- Over the past five years, the year-over-year growth in Cost of Revenue ranged from 0.0% (the quarter ended Jun 30, 2022) to 22.6% (the quarter ended Mar 31, 2022).
- Business Quant data shows ESLT's Cost of Revenue at $1.64 billion (quarter ended Mar 31, 2026), $1.62 billion (quarter ended Dec 31, 2025) and $1.44 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 295.17 Bn | 253.91 Bn | 5.02 Bn | 9.10 Bn |
| 2 | Rtx | 257.77 Bn | 227.75 Bn | 5.81 Bn | 19.16 Bn |
| 3 | Boeing | 148.82 Bn | 55.52 Bn | 2.41 Bn | 22.15 Bn |
| 4 | Lockheed Martin | 139.64 Bn | 123.87 Bn | 2.44 Bn | 18.28 Bn |
| 5 | General Dynamics | 94.53 Bn | 81.64 Bn | 2.18 Bn | 11.91 Bn |
| 6 | Motorola Solutions | 79.77 Bn | 76.13 Bn | 1.68 Bn | 1.46 Bn |
| 7 | Northrop Grumman | 78.36 Bn | 65.81 Bn | 2.35 Bn | 8.77 Bn |
| 8 | Howmet Aerospace | 74.35 Bn | 69.95 Bn | 951.00 Mn | 1.60 Bn |
| 9 | Honeywell International | 70.09 Bn | 22.54 Bn | 3.65 Bn | 6.07 Bn |
| 10 | Elbit Systems | 34.15 Bn | 30.71 Bn | 579.01 Mn | 1.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.71 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.62 Bn |
| Sep 30, 2025 | 1.44 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Mar 31, 2025 | 1.44 Bn |
| Dec 31, 2024 | 1.47 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Mar 31, 2024 | 1.18 Bn |
| Dec 31, 2023 | 1.24 Bn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 1.08 Bn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 1.13 Bn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 963.65 Mn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 1.00 Bn |
API Access
Elbit Systems Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ESLT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ESLT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ESLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();