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IAI Results for Q3: Order Backlog Breaks Another Record – 26.5 Billion USD

  • 16% increase in net income in the period of nine months ended September 30, 2025 (“the Reporting Period”) to about USD 484 million compared with about USD 416 million in the corresponding period of 2024, the most profitable nine-month period in Company history. Increase in net income to about USD 164 million in Q3 2025 compared with about USD 122 million in Q3 2024.
  • 12% growth in EBITDA in the Reporting Period to about USD 724 million (about 14.1% of sales) compared with about USD 646 million (about 14.7% of sales) in the corresponding period of last year. EBITDA in Q3 2025 amounted to about USD 256 million (about 13.4% of sales) compared with about USD 195 million (about 12.7% of sales) in Q3 2024.
  • Operating income grew in the Reporting Period to about USD 489 million (about 9.5% of sales) compared with operating income of about USD 431 million (about 9.8% of sales) in the corresponding period of last year. Operating income in Q3 2025 was about USD 174 million (about 9.1% of sales) compared with operating income of about USD 121 million (about 7.9% of sales) in Q3 2024.
  • Gross profit growth in the Reporting Period to about USD 954 million (about 19% of sales) compared with about USD 836 million (about 19% of sales) in the corresponding period of last year. Increase of about 26% in gross profit in Q3 2025, amounting to about USD 356 million (about 19% of sales) compared with about USD 282 million (about 18% of sales) in Q3 2024.
  • 17% growth in sales to about USD 5,137 million in the Reporting Period, compared with about USD 4,393 million in the nine months ended September 30, 2024. Increase of about 24% in sales in Q3 2025 to about USD 1,909 million compared with about USD 1,541 million in Q3 2024.
  • Inhouse R&D expenses in the Reporting Period amounted to about USD 208 million, compared with about USD 212 million in the corresponding period of 2024. Inhouse R&D expenses in Q3 2025 amounted to about USD 90 million compared with about USD 81 million in Q3 2024.
  • The Company has liquid assets of some USD 3.9 billion.

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