Elbit Systems ESLT
NASDAQ ESLT
$724.77 +10.37 (+1.45%)
As of: Sep 10, 2026 · 3:59 PM EDT

Elbit Systems (ESLT) Operating Expenses (2009 - 2026)

Elbit Systems' (ESLT) quarterly Operating Expenses came in at $360.2 million in Q2 2026, up 14.32% year-over-year from $315.1 million in Q2 2025, and up 3.83% quarter-over-quarter from $346.9 million in Q1 2026.

Analysis

Elbit Systems (ESLT) Operating Expenses (2009 - 2026) Analysis & Trends

Elbit Systems (ESLT) has reported Operating Expenses for 18 consecutive years, with $360.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 14.32% year-over-year to $360.2 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 15.01% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 9.63% from the prior year.
  • Operating Expenses was $360.2 million for Q2 2026 at Elbit Systems, up from $346.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $360.2 million in Q2 2026 and troughed at $75.0 million in Q3 2024.
  • A 5-year average of $269.5 million and a median of $269.7 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 71.27% in 2024 and soared 69.16% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $260.3 million in 2022, then increased by 20.83% to $314.5 million in 2023, then grew by 2.95% to $323.8 million in 2024, then increased by 4.18% to $337.3 million in 2025, then gained by 6.78% to $360.2 million in 2026.
  • The last three Operating Expenses figures came in at $360.2 million (Q2 2026), $346.9 million (Q1 2026), and $337.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lockheed Martin 122.01 Bn 118.22 Bn 2.45 Bn -
2 General Dynamics 95.71 Bn 91.37 Bn 6.76 Bn 12.63 Bn
3 Motorola Solutions 76.80 Bn 76.09 Bn 1.68 Bn 756.00 Mn
4 Northrop Grumman 73.72 Bn 71.41 Bn 3.72 Bn 9.78 Bn
5 L3Harris Technologies 46.24 Bn 44.72 Bn 1.50 Bn 848.00 Mn
6 Elbit Systems 33.11 Bn 32.15 Bn 579.01 Mn 360.21 Mn
7 Teledyne Technologies 27.62 Bn 27.28 Bn 738.10 Mn 1.33 Bn
8 Curtiss Wright 20.67 Bn 20.19 Bn 364.09 Mn 139.39 Mn
9 Leidos Holdings 16.32 Bn 15.57 Bn 817.00 Mn 310.00 Mn
10 Caci International 13.78 Bn 13.59 Bn 913.55 Mn 2.44 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 360.21 Mn
Mar 31, 2026 346.93 Mn
Dec 31, 2025 337.33 Mn
Sep 30, 2025 126.92 Mn
Jun 30, 2025 315.09 Mn
Mar 31, 2025 304.60 Mn
Dec 31, 2024 323.81 Mn
Sep 30, 2024 75.03 Mn
Jun 30, 2024 273.20 Mn
Mar 31, 2024 268.79 Mn
Dec 31, 2023 314.53 Mn
Sep 30, 2023 261.12 Mn
Jun 30, 2023 270.57 Mn
Mar 31, 2023 267.62 Mn
Dec 31, 2022 260.30 Mn
Sep 30, 2022 252.56 Mn
Jun 30, 2022 224.61 Mn
Mar 31, 2022 268.33 Mn
Dec 31, 2021 267.08 Mn
Sep 30, 2021 252.89 Mn