NextVision Announces Record Second Quarter 2026 Results

Rhea-AI Summary

NextVision (NXSNF) reported record Q2 2026 revenue of $88.2 million, up 138% year-over-year, with a gross margin of 65.2% and operating margin of 58.8%. Net profit reached $53.6 million, more than double the prior-year quarter.

Cash flow from operations rose to $43.8 million versus $5.5 million a year earlier, while inventory increased to $71.7 million to support higher production. The order backlog as of August 9, 2026 was $265.2 million. NextVision raised its 2026 revenue target to $355 million, up from $315 million and implying 111% growth over 2025 revenue. For the first half of 2026, revenue was $155.5 million and net profit $91.9 million. Total equity as of June 30, 2026 stood at $671.9 million.

Positive

• Q2 2026 revenue $88.2m, up 138% year-over-year
• Q2 2026 operating margin 58.8% with operating profit of $51.8m
• Q2 2026 net profit $53.6m vs. $23.2m a year earlier
• H1 2026 revenue $155.5m vs. $73.2m in H1 2025
• H1 2026 net profit $91.9m vs. $43.8m in H1 2025
• 2026 revenue target raised to $355m from $315m (111% over 2025)

Negative

• Cash balance fell to $20.3m at June 30, 2026 from $85.4m at December 31, 2025
• Inventory increased to $71.7m at June 30, 2026 from $53.6m at December 31, 2025
• Current liabilities rose to $56.3m at June 30, 2026 from $26.7m at December 31, 2025

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Raises its 2026 Revenue Target to $355m, its Second Increase This Year

Highlights

• Updated revenue target reflects growth of 111% compared with 2025, on continued demand for the Company's systems
• Another quarter of accelerated growth – revenue of $88.2m, up 138% year-over-year
• Gross margin of 65.2%, within the Company's target range, alongside a high operating margin of 58.8%
• Strong cash flow of $43.8m, alongside continued investment in inventory and production infrastructure

RA'ANANA, Israel, Aug. 10, 2026 /PRNewswire/ -- NextVision Stabilized Systems Ltd. (TASE: NXSN), a technology growth company that develops, manufactures and markets stabilized day- and night-vision imaging solutions for ground and aerial platforms such as micro and mini UAVs and drones, with industry-leading weight-to-size and performance ratios, today announced its financial results for the second quarter and first half of 2026.

Chen Golan, Chairman of NextVision, commented: "The second quarter continues to demonstrate NextVision's growth momentum. Strong demand for the Company's products, alongside our ability to expand our operations and increase production capacity, despite a challenging supply chain environment, enables us to raise our 2026 revenue guidance for the second time this year. We continue to deliver quality growth while maintaining high profitability, generating significant cash flow while investing in production infrastructure and in the Company's growth engines. In parallel, we continue to expand our production capabilities, develop new products and broaden our portfolio of solutions, alongside actively evaluating opportunities for strategic acquisitions. These steps are intended to strengthen the Company's competitive advantage, deepen the value we provide to our customers and establish our growth engines for the years ahead."

Financial Highlights for Q2 2026

Revenue in the second quarter grew 138% to $88.2 million, compared with $37.1 million in the same quarter last year. The growth reflects the Company's ability to continue expanding its activity across several markets in parallel, while increasing production capacity and deepening its engagement with its global customer base. Europe and North America continue to be the Company's principal demand engines, alongside the expansion of activity in additional markets.

The Company's global customer base numbers more than 300 Western platform manufacturers, of which 150 were active during the first half of 2026.

Gross profit totaled $57.5 million, representing 65.2% of revenue. The gross margin remained within the Company's target range, alongside continued growth in the scale of activity and deeper engagement with strategic customers, demonstrating the Company's ability to continue expanding while maintaining high levels of profitability.

Operating profit totaled $51.8 million, compared with $23 million in the same quarter last year, reflecting an operating margin of 58.8%. The increase in the scale of activity, together with an efficient cost structure, support a high operating margin and demonstrates the Company's ability to benefit from economies of scale while maintaining strong operational discipline.

Net profit totaled $53.6 million, more than double the $23.2 million recorded in the same quarter last year.

Cash flow from operating activities totaled $43.8 million, compared with $5.5 million in the same quarter last year, this growth comes alongside continued investment in inventory and in the expansion of production capabilities.

Inventory as of June 30, 2026 totaled $71.7 million, compared with $62 million at the end of the first quarter of the year. The increase in inventory is part of the Company's strategy to expand production capabilities, strengthen the supply chain and improve operational flexibility, in order to support the continued increase in demand and to shorten delivery times to customers.

Order backlog as of August 9, 2026 totaled $265.2 million, and continues to provide the Company with high business visibility that supports the execution of its growth plan.

Increased 2026 Revenue Target: In light of the continued growth in the Company's activity, the expansion of activity with strategic customers, the increase in production capabilities and its ability to translate demand for its products into accelerated growth, the Company is raising its revenue target for 2026 to $355 million, compared with a previous target of $315 million. The updated target reflects growth of 111% over 2025 revenue and represents the Company's second increase to its revenue guidance this year.

Investors' Conference Call

Today at 1:30pm Israel time, 6:30am Eastern Time, NextVision will hold an investor webinar in Hebrew to review the Financial Statements and provide an update on the Company's ongoing activities, with the participation of the Company's management.

Following that, at 3:30pm Israel time, 8:30am Eastern Time, NextVision will hold an investor webinar in English, with the participation of the Company's management.

Participation in the webinar requires prior registration via the following links:

For the Hebrew Webinar:
https://us06web.zoom.us/webinar/register/WN_3FXEhLOhS7miu2MO8t9q-g#/registration

For the English Webinar:
https://us06web.zoom.us/webinar/register/WN_b6A5zXatTHu3ZNKxskbgeQ#/registration

The Company intends to publish a presentation shortly before the webinars, which will be presented during the event. Attendees will be able to submit questions in English or Hebrew, which will be translated and answered in English.

About NextVision Stabilized Systems Ltd.

NextVision is a leading technology company specializing in stabilized imaging systems for aerial and ground platforms, including micro and mini UAVs and drones. The company offers customers a comprehensive imaging solution encompassing a wide range of cameras, complementary accessories, and integrated capabilities for commercial, industrial, and security applications — positioning NextVision as a true 'one-stop shop'.

NextVision has developed a patented image stabilization engine that enables the production of high-performance stabilized cameras with world-class size-to-weight ratios. This technology ensures stable, high-quality imagery even in demanding flight conditions. The company markets its products worldwide and continues to experience steady growth in its global customer base.

International Investor Relations

Ehud Helft
nextvision@ekgir.com
EK Global Investor Relations
(US) +1 212 378 8040

 

Condensed Statements of Financial Position
		As of June 30				As of December 31,
		2026		2025		2025
		Unaudited				Audited
		USD thousands
Current assets
Cash		20,319		42,580		85,440
Short term deposits		571,135		67,424		476,857
Trade receivables		40,477		17,560		12,087
Current tax receivable		4,602		516		4,746
Other accounts receivable		13,021		4,819		5,275
Inventory		71,654		40,628		53,588
		721,208		173,527		637,993
Non-current assets
Fixed assets		1,374		872		906
Right of use assets		4,568		3,187		2,770
Intangible assets		7,253		4,415		4,896
		13,195		8,474		8,572
		734,403		182,001		646,565
Current liabilities
Trade payables		22,194		10,078		8,679
Other accounts payable		34,093		14,191		18,067
		56,287		24,269		26,746
Non-current liabilities
Lease liabilities		5,158		3,540		3,390
Employee benefit liabilities, net		151		114		151
Deferred taxes		883		515		588
		6,192		4,169		4,129
Equity
Share capital and premium		458,777		47,112		446,328
Reserve for share-based payment		12,161		5,402		8,455
Retained earnings		200,986		101,049		160,907
Total equity		671,924		153,563		615,690
		734,403		182,001		646,565

 

 

 

Condensed Statements of Comprehensive Income
	For the six months ended June 30				For the three months ended June 30				For the year ended December 31
	2026		2025		2026		2025		2025
	Unaudited								Audited
	USD thousands (excl. share profit data)
Income from sales	155,541		73,243		88,152		37,080		168,354
Cost of sales	(52,798)		(20,198)		(30,704)		(10,523)		(50,798)
Gross profit	102,743		53,045		57,448		26,557		117,556
Research and development expenses	(3,629)		(2,276)		(1,836)		(1,324)		(5,491)
Sales and marketing expenses	(1,666)		(877)		(939)		(430)		(1,874)
General and administrative expenses	(7,295)		(4,682)		(2,868)		(1,795)		(8,667)
	(12,590)		(7,835)		(5,643)		(3,549)		(16,032)
Operating profit	90,153		45,210		51,805		23,008		101,524
Financing expenses	(861)		(152)		(741)		(120)		(313)
Financing income	12,254		4,089		6,261		2,159		13,453
Profit before tax	101,546		49,147		57,325		25,047		114,664
Income taxes	(9,635)		(5,351)		(3,677)		(1,824)		(11,000)
Net profit	91,911		43,796		53,648		23,223		103,664
Other comprehensive income (net of tax   effects):
Amounts that will not be subsequently   reclassified to profit or loss:
Loss from re-measurement for defined   benefit plans	-		-		-		-		(10)
Total other comprehensive loss	-		-		-		-		(10)
Total comprehensive income	91,911		43,796		53,648		23,223		103,654
Net profit per share (in US dollars)
Base net profit	1.001		0.542		0.583		0.286		1.235
Diluted net profit	0.968		0.522		0.565		0.275		1.106

 

 

View original content:https://www.prnewswire.com/news-releases/nextvision-announces-record-second-quarter-2026-results-302847022.html

SOURCE NextVision

FAQ

How did NextVision (NXSNF) perform in Q2 2026?

NextVision reported strong Q2 2026 results, with revenue of $88.2 million and net profit of $53.6 million. According to NextVision, revenue grew 138% year-over-year, supported by high gross margin of 65.2% and operating margin of 58.8%.

What revenue guidance did NextVision (NXSNF) give for full-year 2026?

NextVision raised its 2026 revenue target to $355 million, up from $315 million. According to NextVision, this updated guidance reflects expected growth of 111% compared with 2025 revenue and marks the company’s second revenue target increase in 2026.

How profitable was NextVision (NXSNF) in the first half of 2026?

NextVision generated $91.9 million net profit in the first half of 2026. According to NextVision, H1 2026 revenue was $155.5 million versus $73.2 million in H1 2025, and operating profit reached $90.2 million, highlighting substantial year-over-year profit growth.

What is NextVision’s order backlog and customer base as of mid-2026?

NextVision reported an order backlog of $265.2 million as of August 9, 2026. According to NextVision, its global customer base exceeds 300 Western platform manufacturers, with about 150 active customers during the first half of 2026 across Europe, North America and additional markets.

What do NextVision’s margins look like in Q2 2026?

NextVision achieved a 65.2% gross margin and 58.8% operating margin in Q2 2026. According to NextVision, gross profit was $57.5 million and operating profit $51.8 million, reflecting scale benefits and what the company describes as an efficient cost structure.

How strong was NextVision’s cash flow in Q2 2026?

NextVision generated operating cash flow of $43.8 million in Q2 2026, up from $5.5 million a year earlier. According to NextVision, this increase came alongside continued investment in inventory and production capacity to support growing demand and shorter delivery times.