Record 2025 growth and 2026 guidance for BOS Better Online (NASDAQ: BOSC)

Rhea-AI Filing Summary

BOS Better Online Solutions reported record results for 2025, with revenue of $50,569 thousand and net income of $3,611 thousand, both sharply higher than 2024. EPS rose to $0.59 from $0.40, and EBITDA grew strongly as well.

Fourth-quarter revenue reached $12,623 thousand and net income $819 thousand, reflecting continued momentum. Cash and cash equivalents increased to $11,825 thousand and contracted backlog reached $24 million. For 2026, management projects revenue of $51 million and net income of $3.6 million.

Positive

• Record 2025 performance: Revenue rose to $50,569 thousand from $39,949 thousand, net income increased to $3,611 thousand from $2,300 thousand, and EPS improved to $0.59 from $0.40, reflecting strong growth in core operations.
• Stronger financial position and backlog: Cash and cash equivalents reached $11,825 thousand and shareholders’ equity $28,704 thousand as of December 31, 2025, supported by a contracted backlog of $24 million that underpins future revenue.
• Upbeat 2026 guidance: Management projects 2026 revenue of $51 million and net income of $3.6 million, signaling expectations for continued profitability despite geopolitical and market uncertainties.

Negative

• RFID division impairment and loss: The RFID division recorded an operating loss of $665 thousand for 2025, driven by a $1.2 million goodwill impairment, following earlier goodwill write-offs totaling $700 thousand in 2024.
• Geopolitical headwinds: Management notes that ongoing geopolitical tension in Israel since October 2023 has negatively impacted the Israeli commercial market, which is the primary revenue base for the RFID division.

Insights

Equity analyst

Record 2025 growth, stronger balance sheet, and cautious but higher 2026 guidance.

BOS delivered robust expansion in 2025. Revenue increased to $50,569 thousand from $39,949 thousand, while net income rose to $3,611 thousand from $2,300 thousand, and EPS climbed to $0.59. EBITDA reached $4,628 thousand, up strongly year over year.

The balance sheet improved meaningfully, with cash and cash equivalents growing to $11,825 thousand as of December 31, 2025, and shareholders’ equity rising to $28,704 thousand. Contracted backlog of $24 million provides revenue visibility, though backlog is not guaranteed and may be canceled or delayed.

Segment data show strong supply chain performance but pressure in RFID, where a $1.2 million goodwill impairment contributed to an annual operating loss. Management’s initial 2026 outlook targets revenue of $51 million and net income of $3.6 million, framed as conservative given geopolitical tensions and defense exposure.

Key Figures

2025 Revenue: $50,569 thousand 2025 Net Income: $3,611 thousand 2025 EPS: $0.59 basic EPS +5 more

8 metrics

2025 Revenue $50,569 thousand Full year 2025 revenue vs $39,949 thousand in 2024

2025 Net Income $3,611 thousand Full year 2025 net income vs $2,300 thousand in 2024

2025 EPS $0.59 basic EPS Full year 2025 basic EPS vs $0.40 in 2024

Q4 2025 Revenue $12,623 thousand Quarter ended December 31, 2025 vs $10,388 thousand in Q4 2024

Cash and Equivalents $11,825 thousand Cash and cash equivalents as of December 31, 2025

Contracted Backlog $24 million Contracted backlog as of December 31, 2025

RFID Goodwill Impairment 2025 $1,200 thousand Goodwill impairment recorded in RFID division in 2025

2026 Guidance $51 million revenue, $3.6 million net income Initial 2026 outlook provided by management

Key Terms

EBITDA, contracted backlog, goodwill impairment, non-GAAP measures, +1 more

5 terms

EBITDA financial

"EBITDA $4 +42.6% Compared to $3 in 2024"

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.

contracted backlog financial

"Contracted Backlog $24M As of December 31, 2025"

Contracted backlog is the total dollar value of customer orders or projects that a company has formally committed to deliver but has not yet completed or recognized as revenue. For investors it is a forward-looking measure of expected future sales and cash flow—like a paid to-do list that shows the pipeline of work—but it can overstate certainty if contracts are cancellable, delayed, or subject to change.

goodwill impairment financial

"primarily due to a goodwill impairment charge of $1.2 million"

Goodwill impairment occurs when a company’s valued reputation or brand strength, known as goodwill, is found to be worth less than previously recorded on its financial statements. This usually happens when the company's performance declines or market conditions change, signaling that the expected benefits from acquisitions or brand value are no longer as strong. It matters to investors because it can indicate that a company's assets are less valuable than initially thought, potentially affecting its overall financial health.

non-GAAP measures financial

"BOS reports financial results in accordance with U.S. GAAP and also provides certain non-GAAP measures."

Financial results that companies present using formulas or adjustments different from standard accounting rules (GAAP) to highlight what management considers the business’s ongoing performance. Investors care because these figures can make trends or profitability look clearer—like showing a car’s fuel efficiency after removing unusual trips—but they can also hide one‑time costs or aggressive assumptions, so comparing them with GAAP numbers helps judge reliability.

forward-looking statements regulatory

"Safe Harbor Regarding Forward-Looking Statements The forward-looking statements contained herein reflect management’s current views"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6 - K

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d -16

Under the Securities Exchange Act of 1934

For the Month of March 2026

Commission file number 001-14184

B.O.S. Better Online Solutions Ltd.

(Translation of Registrant’s Name into English)

20 Freiman Street, Rishon LeZion, 7535825, Israel 

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒     Form 40-F ________

B.O.S. Better Online Solutions Ltd.

The GAAP financial statements, included in the Press Release that is attached to this Form 6-K, are hereby incorporated by reference into all effective Registration Statements filed by us under the Securities Act of 1933, as amended, to the extent not superseded by documents or reports subsequently filed or furnished.

The following exhibit is attached:

99.1 Press Release: BOS Reports Financial Results for the Fourth Quarter and the Full Year 2025.

1

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	B.O.S. Better Online Solutions Ltd.
	(Registrant)
	By:	/s/ Moshe Zeltzer
		Moshe Zeltzer
		Chief Financial Officer

Dated: March 31, 2026

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EXHIBIT INDEX

EXHIBIT NO.		DESCRIPTION
99.1		Press Release: BOS Reports Financial Results for the Fourth Quarter and the Full Year 2025.

3

Exhibit 99.1

BOS Reports Financial Results for the Fourth Quarter and Full Year 2025

Delivers Record Year Performance

Provides Initial 2026 Revenue and Net Income Guidance

RISHON LE ZION, Israel, March 31, 2026 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (BOSC) today reported financial results for the fourth quarter and full-year ended December 31, 2025, including record revenue and profitability.

Fourth Quarter 2025 Financial Highlights:

Revenues $12.6M +21.5% Compared to $10.4M in Q4 2024		EBITDA $944K +32% Compared to $715K in Q4 2024
Net Income $819K +68.9% Compared to $485K in Q4 2024		EPS $0.12 +50% Compared to $0.08 in Q4 2024
Cash & Equivalent $11.8M As of December 31, 2025		Contracted Backlog $24M As of December 31, 2025

Full Year 2025 Financial Highlights:

Revenues $50.6M +26.6% Compared to $39.9M in 2024		EBITDA $4.6M +42.6% Compared to $3.2M in 2024
Net Income $3.6M +57.0% Compared to $2.3M in 2024		EPS $0.59 +47.5% Compared to $0.40 in 2024

Eyal Cohen, Chief Executive Officer of BOS, stated: “We are pleased to report record revenues and net income for the full year 2025, capping an outstanding year of growth for BOS. We demonstrated sustained business momentum, most notably in our defense related business lines where we continue to see robust demand for both our supply chain and robotics solutions, and maintained our diligent operating discipline.

“Supply chain division revenues grew by 40% during the year, demonstrating the benefit of our global diversification strategy. We continue to focus on expanding our opportunities in this key sector through deeper engagement with existing customers, strategic wins with new customers and entry into additional global markets, such as India, which is a growing hub for subcontracting programs with Israeli defense customers.

“Our RFID division experienced a $665,000 operating loss for the full year, primarily due to a goodwill impairment charge of $1.2 million. Absent this charge, the division would have generated approximately $535,000 in operating income. The ongoing geopolitical tension in Israel since October 2023 negatively impacted the Israeli commercial market, which constitutes the primary revenue base for the RFID division; as a result, goodwill write-offs were recorded totaling $700,000 in 2024 and an additional $1.2 million in 2025. Q4 performance showed a 27% increase in revenues year-over-year, a positive indication that we can return this division to a growth trajectory in 2026.”

“Finally, our Intelligent Robotics division continues to deliver steady profitability improvements year-over-year, as well as increased backlog, demonstrating our team’s ability to drive operational excellence across all business units.

“Bringing our record year together, we generated strong operating cash flow and working capital performance that increased cash and cash equivalents to a record $11.8 million, providing a solid foundation to support our continued investment in strategic growth.”

Cohen concluded: “We continue our policy of issuing a conservative initial outlook, with updates provided as the year progresses. While we maintain strong exposure to the defense markets, ongoing geopolitical tensions lead us to initially project 2026 at a level consistent with 2025 revenues of $51 million and net income of $3.6 million.”

Investor Conference Call

Date & Time		Format		Recording
March 31, 2026 at 8:30 a.m		Video conference call followed by a question-and-answer session after management’s presentation		For those unable to participate in the live call, a recording will be available the following day on the BOS website: www.boscom.com

To access the video conference meeting, please click on the following link:https://us06web.zoom.us/j/7481721806?pwd=pmXNiVvvvuicaar9aMkZVqRUNaqK3s.1&omn=85823576

About BOS

BOS integrates cutting-edge technologies to streamline and enhance supply chain operations for global customers in the aerospace, defense, industrial and retail sectors. The Company operates three specialized divisions:

Supply Chain Division		RFID Division		Intelligent Robotics Division
Integrates franchised components directly into customer products, meeting their evolving needs for developing innovative solutions.		Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.		Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.

For more information on BOS Better Online Solutions Ltd., visit www.boscom.com.

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Contacts:

Matt Kreps, Managing Director | Darrow Associates | +1-214-597-8200 | mkreps@darrowir.com

Eyal Cohen, CEO | BOS | +972-542525925 | eyalc@boscom.com

Use of Non-GAAP Financial Information

BOS reports financial results in accordance with U.S. GAAP and also provides certain non-GAAP measures. These non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. These non-GAAP measures are intended to supplement the Company’s presentation of its financial results prepared in accordance with GAAP. The Company uses these non-GAAP measures to evaluate and manage its operations internally and is providing this information to assist investors in performing additional financial analysis consistent with financial models developed by research analysts who follow the Company. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the non-GAAP financial measures with the most directly comparable GAAP financial measures.

Contracted backlog

Represents the estimated value of firm customer orders under contract as of the date indicated. Backlog is not a guarantee of future revenues, and may be canceled, modified, or delayed by customers.

Safe Harbor Regarding Forward-Looking Statements

The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or a few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of the ongoing armed conflict and security conditions in Israel and in the region, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

3

CONSOLIDATED STATEMENTS OF OPERATIONS

U.S. dollars in thousands (except share and per share numbers)

		Year ended December 31,								Three months ended December 31,
		2025				2024				2025				2024
		(Audited)								( Audited)
Revenues		$	50,569			$	39,949			$	12,623			$	10,388
Cost of revenues			38,494				30,655				9,602				8,007
Gross profit			12,075				9,294				3,021				2,381
Operating costs and expenses:
Research and development			178				175				47				50
Sales and marketing			5,242				4,394				1,336				1,118
General and administrative			2,547				2,113				826				656
Impairment of intangible assets			-				466
Impairment of Goodwill			1,200				707				500				1,173
Total operating costs and expenses			9,167				7,855				2,709				2,997
Operating income			2,908				1,439				312				(616	)
Financial income (expenses), net			590				(139	)			208				99
Income before taxes on income			3,498				1,300				520				(517	)
Taxes on income (income taxes)			(113	)			(1,000	)			(299	)			(1,002	)
Net income		$	3,611			$	2,300			$	819			$	485
Basic net income per share		$	0.59			$	0.40			$	0.12			$	0.08
Diluted net income per share		$	0.57			$	0.39			$	0.12			$	0.08
Weighted average number of shares used in computing basic net income per share			6,161				5,756				6,614				5,776
Weighted average number of shares used in computing diluted net income per share			6,312				5,887				6,779				5,975
Number of outstanding shares as of December 31, 2025 and  2024			7,029				5,793				7,029				5,793

4

CONSOLIDATED BALANCE SHEETS

(U.S. dollars in thousands)

		December 31, 2025				December 31, 2024
		(Audited)				(Audited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents		$	11,825			$	3,368
Restricted bank deposits			98				185
Trade receivables			15,638				11,787
Other receivable and prepaid expenses			1,440				1,150
Inventories			6,541				7,870
Total current assets			35,542				24,360
OTHER LONG-TERM ASSETS			128				177
PROPERTY AND EQUIPMENT, NET			3,449				3,417
OPERATING LEASE RIGHT-OF-USE ASSETS, NET			926				779
DEFERRED TAX ASSETS			1,250				1,000
OTHER INTANGIBLE ASSETS, NET			361				422
GOODWILL			2,988				4,188
Total assets		$	44,644			$	34,343

5

CONSOLIDATED BALANCE SHEETS

(U.S. dollars in thousands)

		December 31, 2025				December 31, 2024
		(Audited)				(Audited)
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short term loan and Current maturities of long-term loans		$	775			$	439
Operating lease liabilities, current			251				176
Trade payables			6,778				6,362
Employees and payroll accruals			1,266				1,087
Deferred revenues			3,129				2,003
Accrued expenses and other liabilities			983				598
Total current liabilities			13,182				10,665
LONG-TERM LIABILITIES:
Long-term loans, net of current maturities			972				980
Operating lease liabilities, non-current			768				576
Long term deferred revenues			286				293
Accrued severance pay			732				498
Total long-term liabilities			2,758				2,347
TOTAL SHAREHOLDERS’ EQUITY			28,704				21,331
Total liabilities and shareholders’ equity		$	44,644			$	34,343

6

CONDENSED CONSOLIDATED EBITDA

(U.S. dollars in thousands)

		Year ended December 31,								Three months ended December 31,
		2025				2024				2025				2024
Operating income (loss)		$	2,908			$	1,439			$	312			$	(616	)
Add:
Impairment of Goodwill			1,200				1,173				500				1,173
Amortization of intangible assets			60				190				15				47
Stock-based compensation			41				74				10				11
Depreciation			419				370				107				100
EBITDA		$	4,628			$	3,246			$	944			$	715

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SEGMENT INFORMATION

(U.S. dollars in thousands)

		RFID				Supply Chain Solutions				Intelligent Robotics				Intercompany				Consolidated
		Year ended December 31, 2025
Revenues		$	13,587			$	35,545			$	1,847			$	(410	)		$	50,569
Gross profit			2,900				8,745				430				-				12,075
Allocated operating expenses			2,365				4,277				276				-				6,918
Impairment and amortization of intangible assets			1,200				60				-								1,260
Unallocated operating expenses*			-				-				-								989
Income (loss) from operations		$	(665	)		$	4,408			$	154				-				2,908
Financial income and tax on income																			703
Net income																		$	3,611

		RFID				Supply Chain Solutions				Intelligent Robotics				Intercompany				Consolidated
		Year ended December 31, 2024
Revenues		$	12,877			$	25,829				1,410				(167	)		$	39,949
Gross profit			3,533				5,430				331								9,294
Allocated operating expenses			2,273				3,338				274								5,885
Impairment of goodwill and intangible assets			984				189				-								1,173
Unallocated operating expenses*			-				-				-								797
Income from operations		$	276			$	1,903			$	57								1,439
Financial expenses and tax on income																			861
Net income																		$	2,300

* Unallocated operating expenses include costs not specific to a particular segment but are general to the group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

8

SEGMENT INFORMATION

(U.S. dollars in thousands)

		RFID				Supply Chain Solutions				Intelligent Robotics				Intercompany				Consolidated
		Three months December 31, 2025
Revenues		$	4,379			$	7,695			$	668			$	((119			$	12,623
Gross profit			1,092				1,861				68				-				3,021
Allocated operating expenses			727				1,073				65				-				1,865
Impairment and amortization of intangible assets			500				15				-								515
Unallocated operating expenses*															-				329
Income from operations		$	(135	)		$	773			$	3				-				312
Financial income and tax on income																			507
Net income																		$	819

		RFID				Supply Chain Solutions				Intelligent Robotics				Intercompany				Consolidated
		Three months ended December 31, 2024
Revenues		$	3,445			$	6,806			$	171				(34	)		$	10,388
Gross profit			1,151				1,186				44				-				2,381
Allocated operating expenses			605				883				84				-				1,572
Impairment of goodwill and intangible assets			984				189				-								1,173
Unallocated operating expenses*																			252
Income (loss) from operations		$	(438	)		$	114			$	(40	)							(616	)
Financial expenses and tax on income																			1,101
Net income																		$	485

* Unallocated operating expenses include costs not specific to a particular segment but are general to the group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

9

FAQ

How did BOSC’s revenue perform in 2025 compared to 2024?

BOS Better Online Solutions’ revenue grew to $50,569 thousand in 2025, up from $39,949 thousand in 2024. This reflects strong demand, particularly in defense-related supply chain and robotics operations, and highlights meaningful year-over-year business expansion across the company’s core divisions.

What was BOSC’s net income and EPS for full year 2025?

For 2025, BOS Better Online Solutions reported net income of $3,611 thousand and basic EPS of $0.59. This compares with net income of $2,300 thousand and EPS of $0.40 in 2024, showing a substantial improvement in profitability and earnings per share.

What financial guidance did BOSC provide for 2026?

Management issued an initial 2026 outlook targeting revenue of $51 million and net income of $3.6 million. They described this as a conservative starting point, reflecting strong defense exposure while acknowledging ongoing geopolitical tensions that may influence demand and operating conditions.

How strong is BOSC’s cash position and contracted backlog entering 2026?

As of December 31, 2025, BOS Better Online Solutions held $11,825 thousand in cash and cash equivalents and reported $24 million in contracted backlog. The backlog represents firm customer orders but can be canceled, modified, or delayed, so it is not guaranteed revenue.

What challenges did BOSC’s RFID division face in 2024 and 2025?

The RFID division incurred a $665 thousand operating loss in 2025, largely due to a $1.2 million goodwill impairment. Combined with $700 thousand of goodwill write-offs in 2024, these charges reflect weaker demand in Israel’s commercial market amid prolonged geopolitical tensions.

Which BOSC segment drove most of the 2025 growth?

The Supply Chain Solutions division was a key growth driver, with 2025 revenue of $35,545 thousand versus $25,829 thousand in 2024. Management highlighted 40% supply chain revenue growth, helped by global diversification and expanding defense-related programs with both existing and new customers.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE: BOS REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND THE FULL 150.5 KB