NextVision Reports a Record Third Quarter 2025

Nov 10 2025 11:54 GMT

62% Year-Over-Year Revenue Growth to $47 Million & Strong Profitability;

Order Backlog as of today at $124 Million

RA'ANANA, Israel, Nov. 10, 2025 /PRNewswire/ -- NextVision Stabilized Systems Ltd. (TASE: NXSN), a leading global provider of stabilized day- and night-vision imaging solutions for aerial and ground platforms such as micro and mini UAVs and drones, today announced its financial results for the third quarter ended September 30, 2025, reflecting continued strong growth and record performance.

Financial Highlights (US Dollars)

Revenue: $47.2 million in Q3 2025, a ~62% increase compared with $29 million in Q3 2024. Revenue for the first nine months of 2025 totaled $120.5 million, up ~43% from $84.4 million in the same period of 2024. Growth was driven by higher unit sales and expansion of the customer base.
Gross Profit: $32.5 million in Q3 2025 (69% gross margin), up 55.5% from $20.9 million (71% margin) in Q3 2024. For the first nine months of 2025, gross profit was $85.5 million (71% margin), up 42% from $60.2 million in the prior-year period.
Operating Profit: $28.3 million in Q3 2025 (60% of revenue), a 51% increase from $18.7 million (64%) in Q3 2024. For the first nine months of 2025, operating profit reached $73.5 million (61% margin), up 39% year-over-year.
Net Profit: $28 million in Q3 2025 (60% margin), a 56.3% increase from $18 million in Q3 2024. Nine-month net profit totalled $72 million (60% margin), up 48.5% from $48.5 million (57%) in the prior-year period.
Operating Cash Flow: $19 million in Q3 2025 and $35 million in the first nine months of the year. The relative lower quarterly figure reflects higher inventory purchases and supplier prepayments to secure supply and support the expected higher level of demand this year and next.
Equity: $582 million as of September 30, 2025, representing approximately 95% of total assets.
Order Backlog: $124 million as of the date of this release, providing strong visibility into future revenue.
Customer Base: Expanded from 173 to 189 active customers during the third quarter, with a high proportion of revenue from existing customers.

Chen Golan, Chairman of NextVision, commented: "NextVision concludes another quarter of substantial growth, with approximately 62% year-over-year revenue increase. This strong performance reflects our significant technological advantages, which continues to drive strong demand and expansion of our activity with both existing and new customers."

"In parallel, we continue to invest in developing new products to meet the future needs of the market and support sustainable growth in the coming years. As part of our global strategy, particularly in the U.S. market, we are expanding our customer base worldwide and building long-term growth engines."

"The significant $414 million capital raise we completed in September 2025, together with our inclusion in the TA-35 index on November 6, 2025, strengthen our ability to pursue additional strategic opportunities while increasing production capacity and investment in innovation."

"We enter 2026 with a position of financial and operational strength, with a clear ambition to continue establishing NextVision as a dominant global player in our industry."

Investors' Conference Call

Today at 3:30pmIsrael time, 8:30am Eastern Time, NextVision will hold an investor webinar in English. Management will review the Financial Statements and provide an update on the Company's ongoing activities.

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

https://gk-biz.zoom.us/webinar/register/WN_yLmKfQ-IS0CKUbUYH7sZFQ

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.

Condensed Statements of Financial Position
	As of September 30		As of December 31, 2024
	2025	2024	As of December 31, 2024
	Unaudited		Audited
	USD thousands
Current assets
Cash	27,533	102,377	74,708
Short term deposits	502,102	-	47,903
Trade receivables	14,052	10,065	6,374
Other accounts receivable	6,268	2,857	1,840
Current taxes receivable	2,256	170	1,054
Inventory	49,304	18,151	22,386
	601,515	133,620	154,265

Non-current assets
Fixed assets	853	593	749
Right of use assets	2,962	542	514
Intangible assets	4,670	3,289	3,628
	8,485	4,424	4,891

	610,000	138,044	159,156

Current liabilities
Trade payables	9,375	4,880	5,842
Other accounts payable	14,593	13,619	15,024
	23,968	18,499	20,866

Non-current liabilities
Employee benefit liabilities	114	91	114
Deferred taxes	487	335	373
Lease liabilities	3,432	161	111
	4,033	587	598
Equity
Share capital and premium	446,120	43,184	43,194
Reserve for share-based payment	6,662	3,256	4,047
Retained earnings	129,217	72,518	90,451

Total equity	581,999	118,958	137,692

	610,000	138,044	159,156
The accompanying notes constitute an integral part of these Condensed Interim Financial Statements.

Condensed Statements of Profit and Loss
	For the nine months ended September 30		For the three months ended September 30			For the year ended December 31,
	2025	2024	2025	2024		2024
	Unaudited				Audited
	USD thousands (excl. share profit data)
Income from sales	120,533	84,424	47,290	29,146		114,934
Cost of sales	(34,971)	(24,166)	(14,773)	(8,233)		(32,044)

Gross profit	85,562	60,258	32,517	20,913		82,890

Research and development expenses	(3,914)	(1,836)	(1,638)	(637)		(2,517)
Sales and marketing expenses	(1,505)	(1,266)	(628)	(365)		(1,639)
General and administrative expenses	(6,645)	(4,363)	(1,963)	(1,178)		(5,730)
	(12,064)	(7,465)	(4,229)	(2,180)		(9,886)

Operating profit	73,498	52,793	28,288	18,733		73,004

Financing expenses	(229)	(46)	(77)	-		(430)
Financing income	7,163	3,682	3,074	1,890		4,330

	80,432	56,429	31,285	20,623		76,904

Income taxes	(8,468)	(7,982)	(3,117)	(2,599)		(10,508)

Net profit	71,964	48,447	28,168	18,024		66,396

Loss from re-measurement for defined benefit plans	-	-	-	-		(16)

Total comprehensive income	71,964	48,447	28,168	18,024		66,380

Net profit per share (in US dollars)

Base net profit	0.8825	0.6090	0.3409	0.2253		0.8332

Diluted net profit	0.8498	0.5827	0.3280	0.2182		0.8024
The accompanying notes constitute an integral part of these Condensed Interim Financial Statements.

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

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SOURCE NextVision