Net income in the reporting period rose by 16 percent to about USD 484 million compared with about USD 416 million in the same period of 2024. Net income for Q3 2025 increased to about USD 164 million from about USD 122 million in Q3 2024.
EBITDA for the nine-month period grew by 12 percent to about USD 724 million, representing about 14.1 percent of sales. In Q3 2025, EBITDA reached about USD 256 million compared with about USD 195 million a year earlier.
Operating income rose to about USD 489 million in the reporting period, up from about USD 431 million in 2024. Third-quarter operating income stood at about USD 174 million compared with about USD 121 million in Q3 2024.
Gross profit for the first nine months increased to about USD 954 million, matching about 19 percent of sales. In Q3 2025, gross profit rose by 26 percent to about USD 356 million compared with about USD 282 million in the same quarter of 2024.
Sales grew by 17 percent in the reporting period to about USD 5,137 million, with growth seen across all divisions. Q3 2025 sales increased by about 24 percent to about USD 1,909 million compared with about USD 1,541 million in Q3 2024.
Military division sales rose by about 21 percent to about USD 4,485 million in the reporting period, while the aviation division recorded sales of about USD 1,119 million. In Q3 2025, sales in the military divisions increased by about 27 percent to about USD 1,665 million, and aviation sales reached about USD 398 million.
Export sales accounted for about 66 percent of total sales in the reporting period, amounting to about USD 3,379 million. In Q3 2025, exports also made up about 66 percent of sales, totalling about USD 1,269 million.
Boaz Levy, IAI’s President and CEO, said the company was continuing its growth path during a demanding year. He stated: “We are proud to conclude a strong third quarter that continues IAI’s growth and trajectory throughout 2025, reflecting our support for Israeli national defense and range our customers around the globe.”
Levy added that IAI’s advantage comes from its technological breadth and global presence. He said: “IAI’s strength builds on an extensive and diversified technological portfolio and a broad global presence, which together give us stability and flexibility in the face of evolving demands.”
He said the company remains focused on sustaining high order levels while investing in future capabilities. Levy noted: “These foundations allow us to maintain high levels of order backlog and provide the balance between addressing our customers’ immediate demands and investing in the long-term development of tomorrow’s capabilities.”
Levy credited the achievements to staff commitment during a period of intensive operational requirements. He said: “This quarter’s achievements reflect the dedication and professionalism of IAI’s employees, who continue to drive the Company forward during a period of intensive operational requirements and increased demand for our cutting-edge defense systems.”
He said IAI will continue strengthening global ties and national security contributions. Levy stated: “We will continue to invest in groundbreaking technologies, strengthen international partnerships and enhance our contribution to the State of Israel’s homeland security.”
The company reported liquid assets of about USD 3.9 billion. It also published detailed breakdowns for each division, showing increases in military division margins and slight declines in some aviation metrics.
