NextVision Announces Record Second Quarter 2026 Results

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Today at 9:17am UTC

NextVision Announces Record Second Quarter 2026 Results

PR Newswire

Raises its 2026 Revenue Target to $355m, its Second Increase This Year

Highlights

  • Updated revenue target reflects growth of 111% compared with 2025, on continued demand for the Company's systems
  • Another quarter of accelerated growth – revenue of $88.2m, up 138% year-over-year
  • Gross margin of 65.2%, within the Company's target range, alongside a high operating margin of 58.8%
  • Strong cash flow of $43.8m, alongside continued investment in inventory and production infrastructure

RA'ANANA, Israel, Aug. 10, 2026 /PRNewswire/ -- NextVision Stabilized Systems Ltd. (TASE: NXSN), a technology growth company that develops, manufactures and markets stabilized day- and night-vision imaging solutions for ground and aerial platforms such as micro and mini UAVs and drones, with industry-leading weight-to-size and performance ratios, today announced its financial results for the second quarter and first half of 2026.

Chen Golan, Chairman of NextVision, commented: "The second quarter continues to demonstrate NextVision's growth momentum. Strong demand for the Company's products, alongside our ability to expand our operations and increase production capacity, despite a challenging supply chain environment, enables us to raise our 2026 revenue guidance for the second time this year. We continue to deliver quality growth while maintaining high profitability, generating significant cash flow while investing in production infrastructure and in the Company's growth engines. In parallel, we continue to expand our production capabilities, develop new products and broaden our portfolio of solutions, alongside actively evaluating opportunities for strategic acquisitions. These steps are intended to strengthen the Company's competitive advantage, deepen the value we provide to our customers and establish our growth engines for the years ahead."

Financial Highlights for Q2 2026

Revenue in the second quarter grew 138% to $88.2 million, compared with $37.1 million in the same quarter last year. The growth reflects the Company's ability to continue expanding its activity across several markets in parallel, while increasing production capacity and deepening its engagement with its global customer base. Europe and North America continue to be the Company's principal demand engines, alongside the expansion of activity in additional markets.

The Company's global customer base numbers more than 300 Western platform manufacturers, of which 150 were active during the first half of 2026.

Gross profit totaled $57.5 million, representing 65.2% of revenue. The gross margin remained within the Company's target range, alongside continued growth in the scale of activity and deeper engagement with strategic customers, demonstrating the Company's ability to continue expanding while maintaining high levels of profitability.

Operating profit totaled $51.8 million, compared with $23 million in the same quarter last year, reflecting an operating margin of 58.8%. The increase in the scale of activity, together with an efficient cost structure, support a high operating margin and demonstrates the Company's ability to benefit from economies of scale while maintaining strong operational discipline.

Net profit totaled $53.6 million, more than double the $23.2 million recorded in the same quarter last year.

Cash flow from operating activities totaled $43.8 million, compared with $5.5 million in the same quarter last year, this growth comes alongside continued investment in inventory and in the expansion of production capabilities.

Inventory as of June 30, 2026 totaled $71.7 million, compared with $62 million at the end of the first quarter of the year. The increase in inventory is part of the Company's strategy to expand production capabilities, strengthen the supply chain and improve operational flexibility, in order to support the continued increase in demand and to shorten delivery times to customers.

Order backlog as of August 9, 2026 totaled $265.2 million, and continues to provide the Company with high business visibility that supports the execution of its growth plan.

Increased 2026 Revenue Target: In light of the continued growth in the Company's activity, the expansion of activity with strategic customers, the increase in production capabilities and its ability to translate demand for its products into accelerated growth, the Company is raising its revenue target for 2026 to $355 million, compared with a previous target of $315 million. The updated target reflects growth of 111% over 2025 revenue and represents the Company's second increase to its revenue guidance this year.

Investors' Conference Call

Today at 1:30pm Israel time, 6:30am Eastern Time, NextVision will hold an investor webinar in Hebrew to review the Financial Statements and provide an update on the Company's ongoing activities, with the participation of the Company's management.

Following that, at 3:30pm Israel time, 8:30am Eastern Time, NextVision will hold an investor webinar in English, with the participation of the Company's management.

Participation in the webinar requires prior registration via the following links:

For the Hebrew Webinar:
https://us06web.zoom.us/webinar/register/WN_3FXEhLOhS7miu2MO8t9q-g#/registration

For the English Webinar:
https://us06web.zoom.us/webinar/register/WN_b6A5zXatTHu3ZNKxskbgeQ#/registration

The Company intends to publish a presentation shortly before the webinars, which will be presented during the event. Attendees will be able to submit questions in English or Hebrew, which will be translated and answered in English.

About NextVision Stabilized Systems Ltd.

NextVision is a leading technology company specializing in stabilized imaging systems for aerial and ground platforms, including micro and mini UAVs and drones. The company offers customers a comprehensive imaging solution encompassing a wide range of cameras, complementary accessories, and integrated capabilities for commercial, industrial, and security applications — positioning NextVision as a true 'one-stop shop'.

NextVision has developed a patented image stabilization engine that enables the production of high-performance stabilized cameras with world-class size-to-weight ratios. This technology ensures stable, high-quality imagery even in demanding flight conditions. The company markets its products worldwide and continues to experience steady growth in its global customer base.

International Investor Relations

Ehud Helft
nextvision@ekgir.com
EK Global Investor Relations
(US) +1 212 378 8040

 

Condensed Statements of Financial Position













As of June 30


As of December 31,



2026


2025


2025



Unaudited


Audited



USD thousands

Current assets







Cash


20,319


42,580


85,440

 Short term deposits


571,135


67,424


476,857

Trade receivables


40,477


17,560


12,087

Current tax receivable


4,602


516


4,746

Other accounts receivable


13,021


4,819


5,275

Inventory


71,654


40,628


53,588










721,208


173,527


637,993

Non-current assets







Fixed assets


1,374


872


906

Right of use assets


4,568


3,187


2,770

Intangible assets


7,253


4,415


4,896










13,195


8,474


8,572










734,403


182,001


646,565








Current liabilities







Trade payables


22,194


10,078


8,679

Other accounts payable


34,093


14,191


18,067










56,287


24,269


26,746








Non-current liabilities







Lease liabilities


5,158


3,540


3,390

Employee benefit liabilities, net


151


114


151

Deferred taxes


883


515


588










6,192


4,169


4,129

Equity







Share capital and premium


458,777


47,112


446,328

Reserve for share-based payment


12,161


5,402


8,455

Retained earnings


200,986


101,049


160,907








Total equity


671,924


153,563


615,690










734,403


182,001


646,565

 

 

 

Condensed Statements of Comprehensive Income








For the six months
ended June 30


For the three months
ended June 30


For the year
ended
December 31


2026


2025


2026


2025

2025


Unaudited


Audited


USD thousands (excl. share profit data)

Income from sales

155,541


73,243


88,152


37,080


168,354

Cost of sales

(52,798)


(20,198)


(30,704)


(10,523)


(50,798)











Gross profit

102,743


53,045


57,448


26,557


117,556











Research and development expenses

(3,629)


(2,276)


(1,836)


(1,324)


(5,491)

Sales and marketing expenses

(1,666)


(877)


(939)


(430)


(1,874)

General and administrative expenses

(7,295)


(4,682)


(2,868)


(1,795)


(8,667)












(12,590)


(7,835)


(5,643)


(3,549)


(16,032)











Operating profit

90,153


45,210


51,805


23,008


101,524











Financing expenses

(861)


(152)


(741)


(120)


(313)

Financing income

12,254


4,089


6,261


2,159


13,453











Profit before tax

101,546


49,147


57,325


25,047


114,664











Income taxes

(9,635)


(5,351)


(3,677)


(1,824)


(11,000)











Net profit

91,911


43,796


53,648


23,223


103,664











Other comprehensive income (net of tax
  effects):




















Amounts that will not be subsequently
  reclassified to profit or loss:




















Loss from re-measurement for defined
  benefit plans

-


-


-


-


(10)











Total other comprehensive loss

-


-


-


-


(10)











Total comprehensive income

91,911


43,796


53,648


23,223


103,654











Net profit per share (in US dollars)




















Base net profit

1.001


0.542


0.583


0.286


1.235











Diluted net profit

0.968


0.522


0.565


0.275


1.106

 

 

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SOURCE NextVision