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

Executive summary

• Operations focused on jet engine parts manufacturing and engine overhaul, with long-term frame orders totaling $3.3 billion, up from $3.2 billion at year-end 2025.

• Significant new contracts and expansions, including $80 million extension with an international aviation client and multiple defense-related orders through joint ventures.

Financial highlights

• Revenue for Q2 2026 was $91.4 million, up 18.9% year-over-year; gross profit was $21.2 million (23.1% margin).

• Net income for Q2 2026 reached $16.0 million, compared to $7.6 million in Q2 2025.

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

• Operating cash flow for H1 2026 was $30.2 million, compared to $7.7 million in H1 2025.

• Net financial debt to banks dropped to $4.2 million at June 30, 2026, from $76.0 million a year earlier.

Outlook and guidance

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

• Ongoing geopolitical risks and currency fluctuations may impact future results.