Bet Shemesh Engines Holdings (1997) (BSEN) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 reached $91.4M, up 18.9% year-over-year, with growth in both engine parts manufacturing and engines segments.

• Net profit for Q2 2026 was $16.0M, more than doubling from $7.6M in Q2 2025, driven by higher operating profit and lower finance and tax expenses.

• The company’s order backlog (Frame Orders) increased to $3.3B, extending up to 16 years, reflecting robust long-term demand.

Financial highlights

• Gross profit margin for Q2 2026 was 23.1%, down from 25.1% in Q2 2025, impacted by NIS appreciation.

• EBITDA for Q2 2026 was $21.0M (23.0% margin), up from $17.0M (22.1%) in Q2 2025.

• Operating profit for Q2 2026 was $17.3M (18.9% margin), up from $13.1M (17.1%) in Q2 2025.

• Net financial debt dropped sharply to $4.2M as of June 30, 2026, from $76.0M a year earlier.

• Working capital increased to $193.3M from $76.0M year-over-year.

Outlook and guidance

• Management expects continued growth in both segments, supported by strong industry demand and improved production processes.

• The company highlights ongoing recovery trends and anticipates meeting increased demand, though notes uncertainty due to external factors.