Economy · Full coverage
Elbit Systems Loses Nearly $3 Billion in Market Value Despite Record Quarterly Profits
How 6 Israeli newsrooms covered this story — translated into English and compared side by side.
75% center
Center 3Right 1Unrated 2
First reported by Globes · 15 hours ago
What happened
Elbit Systems reported record profits and a historic order backlog in Q2 2026 but saw its stock plunge nearly 10% in one day, erasing about 10 billion shekels in market value. The drop is attributed to profit-taking after a strong multi-year rally, not weak company performance.
- 01Elbit Systems’ stock fell 9.4%, losing about 10 billion shekels in market value in one day.
- 02The company reported a 38% net profit increase to $173 million in Q2 2026.
- 03Order backlog hit a record $32 billion, up 26% year-over-year.
- 04Total sales rose 16% to $2.3 billion, with exports growing to 37% of revenue.
- 05Stock decline attributed to profit-taking after a 206% rise over three years, not poor results.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 6 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Behadrei HaredimRight · Hebrew1 hour ago
Elbit Systems Loses Nearly $3 Billion in Market Value Despite Record Quarterly Profits
GlobesUnrated · Hebrew8 hours ago
Elbit Systems and Next Vision Stocks Fall Despite Strong Q2 Results Amid New Market Expectations
WallaCenter · Hebrew12 hours ago
Elbit Systems Hits Record $32 Billion Order Backlog Amid Global Security Tensions
YnetCenter · Hebrew14 hours ago
Elbit Systems Reports 38% Profit Surge Amid Strong Order Backlog and Laser Weapon Development
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