B.O.S. Better Online Solutions (BOSC) Q2 2026 earnings summary

Executive summary

• Q2 2026 revenue increased 29% year-over-year to $14.9 million, offsetting a softer Q1 and matching record 2025 levels.

• Backlog remains at a record $31 million, with $20 million scheduled for delivery by year-end.

• Strong demand in defense and a rebound in the Israeli commercial market drove growth, especially in RFID and Supply Chain divisions.

• Robotics division is expanding in defense factories, leveraging AI for operational efficiency.

• Net income for Q2 2026 was $1.4 million ($0.19 per diluted share), up from $0.8 million ($0.12 per diluted share) in Q2 2025.

Financial highlights

• Trailing 12-month revenue matches record 2025 revenue; full-year 2026 revenue expected to exceed $51 million.

• Net income for 2026 is projected to surpass $3.6 million achieved in 2025, with guidance raised to exceed $3.6 million.

• Shareholders' equity stands at $30.9 million; cash at $10 million.

• Market capitalization is $31 million, with enterprise value at $21 million.

• Q2 2026 gross profit was $3.4 million (23.0% margin), up from $2.6 million (22.8%) in Q2 2025.

Outlook and guidance

• Full-year 2026 revenue and net income are both expected to exceed 2025 results, with net income guidance raised.

• Backlog and first-half revenue together represent 91% of 2025 full-year revenue.

• Positive outlook for RFID division in 2026, with expectations for continued market recovery.

• Growth in India expected to support expansion in 2027.