Elbit Systems (ESLT) Gross Margin (2009 - 2026)
Elbit Systems' (ESLT) quarterly Gross Margin came in at 25.32% in Q2 2026, up 134.0% year-over-year from 10.82% in Q2 2025, and little changed quarter-over-quarter from 25.22% in Q1 2026.
Analysis
Elbit Systems (ESLT) Gross Margin (2009 - 2026) Analysis & Trends
Elbit Systems (ESLT) has reported Gross Margin for 18 consecutive years, with 25.32% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 134.0% year-over-year to 25.32% in Q2 2026; TTM through Jun 2026 was 25.03%, a 101.0% increase from a year earlier, with the FY2025 full-year figure at 24.38%, up 33.0% from the prior year.
- Gross Margin was 25.32% for Q2 2026 at Elbit Systems, roughly flat from 25.22% in the prior quarter.
- Over five years, Gross Margin peaked at 26.07% in Q2 2022 and troughed at 23.5% in Q4 2023.
- A 5-year average of 24.63% and a median of 24.31% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 247 bps in 2022 and surged 178 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 25.27% in 2022, then dropped by 7 bps to 23.5% in 2023, then increased by 3 bps to 24.1% in 2024, then increased by 2 bps to 24.66% in 2025, then advanced by 3 bps to 25.32% in 2026.
- The last three Gross Margin figures came in at 25.32% (Q2 2026), 25.22% (Q1 2026), and 24.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.31 Bn | 117.52 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 95.48 Bn | 91.15 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 77.21 Bn | 76.50 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 73.77 Bn | 71.46 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 46.39 Bn | 44.87 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 33.33 Bn | 32.37 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 27.72 Bn | 27.38 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.83 Bn | 20.36 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.34 Bn | 15.59 Bn | 817.00 Mn | 17.92% |
| 10 | Caci International | 13.72 Bn | 13.53 Bn | 913.55 Mn | 33.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.32% |
| Mar 31, 2026 | 25.22% |
| Dec 31, 2025 | 24.66% |
| Sep 30, 2025 | 24.89% |
| Jun 30, 2025 | 23.97% |
| Mar 31, 2025 | 23.96% |
| Dec 31, 2024 | 24.10% |
| Sep 30, 2024 | 24.03% |
| Jun 30, 2024 | 23.96% |
| Mar 31, 2024 | 24.08% |
| Dec 31, 2023 | 23.50% |
| Sep 30, 2023 | 24.45% |
| Jun 30, 2023 | 25.60% |
| Mar 31, 2023 | 25.94% |
| Dec 31, 2022 | 25.27% |
| Sep 30, 2022 | 24.17% |
| Jun 30, 2022 | 26.07% |
| Mar 31, 2022 | 24.17% |
| Dec 31, 2021 | 25.05% |
| Sep 30, 2021 | 26.63% |