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Telsys (TLSY) investor relations material
Telsys Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 reached $47.95M, up from $32.06M in Q1 2025, driven by strong growth in both SOM and distribution segments.
Net income attributable to shareholders was $12.08M, compared to $8.80M in Q1 2025.
The company changed its functional and reporting currency to USD as of January 2025.
No material impact observed from the 'Operation Harry's Roar' military campaign as of report date.
Financial highlights
Gross profit for Q1 2026 was $17.75M, up from $13.84M in Q1 2025.
Operating profit reached $13.34M, compared to $10.25M in Q1 2025.
Basic and diluted EPS for Q1 2026 were $1.33, up from $0.97 in Q1 2025.
Cash and cash equivalents at March 31, 2026, stood at $41.58M, up from $29.05M a year earlier.
Total assets at March 31, 2026, were $175.77M, with equity attributable to shareholders at $77.05M.
Outlook and guidance
Management continues to monitor global supply chain risks and is taking steps to secure memory components.
No significant forecast changes; ongoing monitoring of geopolitical and regulatory developments.
- Revenue up 40% to $148.8M, net income up 39%, distribution sales up 84%, $40M dividends paid.TLSY
Q4 202525 Mar 2026 - Net income reached ₪95.7M on revenue of ₪392.1M, with strong distribution segment growth.TLSY
Q3 202512 Dec 2025 - Strong H1 2025 profit, high liquidity, and no goodwill impairment for Variscite.TLSY
Q2 202521 Aug 2025 - Revenue and profit declined sharply in 2024, but Q4 showed early signs of recovery.TLSY
Q4 202424 Jun 2025 - Net income surged to ₪103.9M in Q1 2025, with robust cash flow and major dividends distributed.TLSY
Q1 202524 Jun 2025 - Revenue and profit dropped sharply as customers drew down inventories; full Variscite ownership achieved.TLSY
Q3 202413 Jun 2025 - Revenue and profit fell on lower demand, but liquidity and equity position remain strong.TLSY
Q2 202413 Jun 2025
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