• Record Q2 2026 revenue of approximately US$11.83 million
• H1 2026 unaudited revenue of approximately US$23.4 million, 387% higher than H1 2025
• Secured first paying customer for Stealth Initiative, a western government
• Strong demand observed across U.S., Europe, and the Middle East
• Halo approved on the DCMA Blue UAS Cleared List

Elsight Ltd. (ASX: ELS) reported its Q2 2026 business update, highlighting a record quarterly revenue of approximately US$11.83 million, marking the sixth consecutive quarter of record revenue. The company's H1 2026 unaudited revenue reached approximately US$23.4 million, a 387% increase from the prior corresponding period. The company expects H1 2026 unaudited non-GAAP net profit to exceed US$10 million, demonstrating sustained profitability. The Stealth Initiative business unit secured its first paying customer, a western government, validating product-market fit in a new market segment. The company observed growing demand across the United States, Europe, and the Middle East. The Halo was approved on the DCMA Blue UAS Cleared List, positioning Elsight to capture market share in the largest-ever U.S. defence drone procurement cycle.

H1 2026 unaudited non-GAAP net profit expected to exceed US$10 million

Elsight expects continued growth driven by strong demand across key markets, with material revenue contribution expected from CY2027 onwards.