ASELSAN Elektronik Sanayi ve Ticaret Anonim
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ASELSAN Elektronik Sanayi ve Ticaret Anonim (ASELS) investor relations material

ASELSAN Elektronik Sanayi ve Ticaret Anonim Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary27 Oct, 2026

Executive summary

  • 9M 2026 revenue was TL 151.486bn, up 28% in real terms YoY; profit attributable to owners reached TL 26.471bn.

  • Record 9M contract intake of $14.015bn and a $30.744bn backlog supported growth; capacity investment reached $684m.

Financial highlights

  • 9M gross profit was TL 47.496bn vs TL 36.439bn; operating profit was TL 39.309bn vs TL 34.085bn.

  • Q3 revenue was TL 58.063bn vs TL 42.983bn; operating profit was TL 15.523bn vs TL 9.737bn.

  • 9M profit for the period was TL 26.350bn vs TL 15.033bn; Q3 profit attributable to owners was TL 11.227bn vs TL 6.182bn.

  • Operating cash flow was TL 30.103bn, down from TL 36.166bn in 9M 2025; cash and cash equivalents ended at TL 31.845bn.

Outlook and guidance

  • Contracts totaling $881m were signed after the reporting period.

  • Qualifying manufacturing income tax rate is scheduled to fall from 25% to 12.5% from 1 January 2027; the change was reflected in deferred tax calculations.

  • Management prioritizes timely delivery, expanded production capacity and sustained technological capability.

  • Investment priorities include satellite, quantum computing, underwater, high-power microwave, microelectronics and smart ammunition technologies.

  • ASTRALINK low-orbit satellite concept was unveiled, with satellite communications planned alongside land, sea and air capabilities.

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