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NextVision Announces Record Second Quarter 2026 Results

PR Newswire·08/10/2026 09:17:00
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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