NextVision Stabilized Systems (NXSN) Q4 2025 earnings summary

Executive summary

• Achieved ILS 168 million ($168.4M) revenue in 2025, surpassing the board's target of ILS 160 million, with rapid growth as a global leader in stabilized video solutions for defense, commercial, and civilian markets.

• Maintains a robust order backlog and strong relationships with leading customers in key global markets.

• Set a 2026 revenue goal of ILS 275 million ($275M), representing 64% internal growth and continued aggressive ambitions.

• Raised ILS 414 million in a global offering to fund M&A activities, with 90% of investors from abroad.

• Maintains a strong R&D focus, launching 2–3 new products annually, emphasizing innovation and reliability.

Financial highlights

• 2025 revenues reached $168.4M, up from $114.9M in 2024 and $51.9M in 2023.

• Net profit for 2025 reached $103.7M, a significant increase over 2024.

• Gross margin for 2025 was approximately 70%, consistently above 69%.

• R&D investment (expensed and capitalized) exceeded $8 million.

• Company market cap is approximately ILS 10 billion.

Outlook and guidance

• 2026 revenue target set at ILS 275 million ($275M), with a focus on both internal and external (M&A) growth.

• Plans to double monthly production capacity from 2,000 to over 4,000 units by end of 2026.

• Backlog for 2026 alone exceeds $220 million, with 80% expected to be delivered within the year.

• Strong order flow and high demand anticipated to continue into 2026.

• Strategic focus on acquisitions, AI integration, and expanding the customer base.