Elbit Systems (ESLT) Operating Expenses (2009 - 2025)

Elbit Systems has disclosed Operating Expenses across 17 years of filings, most recently posting $337.3 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 4.18% year-over-year to $337.3 million; the TTM figure through Dec 2025 stood at $1.1 billion (up 15.21% YoY), while the FY2025 annual figure was $1.3 billion, up 9.63% from the prior year.
• Operating Expenses improved to $337.3 million in Q4 2025, from $126.9 million in the prior quarter.
• Over the last five years, Operating Expenses for ESLT reached as high as $337.3 million in Q4 2025 and fell as low as $75.0 million in Q3 2024.
• The 5-year median for Operating Expenses is $267.3 million (2021), against an average of $254.2 million.
• Annual changes were most pronounced in 2024 — Operating Expenses tumbled 71.27% — and 2025, when it jumped 69.16%.
• A 5-year view of Operating Expenses shows it stood at $267.1 million in 2021, then fell by 2.54% to $260.3 million in 2022, then rose by 20.83% to $314.5 million in 2023, then increased by 2.95% to $323.8 million in 2024, then rose by 4.18% to $337.3 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $337.3 million, $126.9 million, and $315.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.