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      NextVision Reports Continued Rapid Growth and Record Results for Q2 2025


      News provided by

      NextVision

      Aug 11, 2025, 06:19 ET

      Share this article

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      • Company revenues grew by approximately 32%, reaching about $37 million
      • Gross profit increased by approximately 32%, reaching $26.5 million
      • Net profit rose by approximately 46%, reaching $23.2 million
      • Order backlog remained high at $110.4 million, as of the report date

      RA'ANANA, Israel, Aug. 11, 2025 /PRNewswire/ -- NextVision Stabilized Systems Ltd. (TASE: NXSN), a technology growth company that develops, manufactures, and markets stabilized day and night imaging solutions for ground and aerial platforms—such as micro and mini UAVs and drones—with one of the best weight/size-to-performance ratios in the world, today reported its financial results for the second quarter of 2025, reflecting continued rapid and profitable growth, in line with company forecasts.

      Management Comment

      Chen Golan, Chairman and Founder of Next Vision: "We closed the second quarter of 2025 with a double-digit growth in both revenue and profitability, continuing to reflect strong demand for our products and the broad trust of our customers worldwide. Ongoing investment in innovation and the development of advanced solutions enables us to maintain a leading position in the market and deliver significant added value to our customers."

      Continued Mr. Golan: "Despite many challenges, the company succeeded during the '12-day war' with Iran in maintaining high operational continuity. During the operation, Israel's airspace was closed for two weeks, causing delays and postponements in some customer deliveries. Once the operation ended and the airspace reopened, most of the products were released and shipped to our customers."

      "The company continues to see high demand worldwide and is investing significant resources to meet the ambitious sales target set by the Company's board—$160 million income from sales in 2025. We continue to lead the market through innovation, reliability, and outstanding performance, while maintaining competitive pricing," concluded Mr. Golan.

      Financial Results Highlights

      Revenues in the second quarter of 2025 totaled approximately $37 million, an increase of about 32% compared to revenues of approximately $28 million in the same quarter last year. In the first half of 2025, revenues totaled $73.2 million, an increase of about 32% compared to revenues of $55.2 million in the first half of last year.

      The Company's order backlog remained high, totaling $110.4 million as of the report date. The number of active customers in the first half of the year grew to 154 compared to 137 active customers in the corresponding period last year.

      The Company's gross profit in the second quarter of 2025 totaled $26.6 million (approximately 72% of total revenues), an increase of about 32% compared to a gross profit of $20.1 million in the same quarter last year. In the first half of 2025, gross profit was $53 million (approximately 72% of total revenues), an increase of about 35% compared to $39.3 million in the first half of 2024.

      The company's operating profit in the second quarter of 2025 totaled $23 million (approximately 62% of total revenues), an increase of about 27% compared to operating profit of $18.1 million in the same quarter last year. In the first half of 2025, operating profit totaled $45.2 million, an increase of 33% compared to operating profit of $34 million in the first half of 2024.

      Net profit in the second quarter of 2025 grew to approximately $23.2 million (approximately 63% of total revenues), an increase of about 46% compared to net profit of $15.9 million in the same quarter last year. Net profit in the first half of the year was $43.8 million, an increase of 44% compared to net profit of $30.4 million in the first half of 2024.

      Cash flow from operating activities – During the second quarter, the company generated approximately $5.5 million from operating activities. In the quarter, the company used cash to make significant inventory purchases as part of its risk-reduction policy and commitment to rapid, continuous delivery of products to its customers, alongside continued expansion of its operations. In addition, the increase in accounts receivable due to delayed deliveries at the end of June, caused by the war with Iran also affected the cash flow.

      Shareholders' equity stood at approximately $153.5 million as of the end of the second quarter of 2025, representing about 84% of the balance sheet total.

      About NextVision Stabilized Systems Ltd.

      Next Vision is a leading technology company in the stabilized camera market for ground and aerial platforms. It offers customers advanced imaging solutions based on a wide range of cameras, accessories, and AI capabilities for commercial, industrial, and security applications—providing a true one-stop shop. The company has developed a patented image stabilization engine, enabling the production of stabilized cameras with one of the best size/weight-to-performance ratios globally. This solution delivers stable imagery even in challenging conditions. Next Vision markets its products worldwide, with consistent growth in its customer base.

      International Investor Relations
      Ehud Helft
      [email protected]
      EK Global Investor Relations
      (US) +1 212 378 8040

      NEXTVISION STABILIZED SYSTEMS LTD.
      COMPREHENSIVE STATEMENT OF INCOME















      US$ thousands, except per
      share data


      Six months ended
      June 30,


      Three months ended
      June 30,


      Year ended
      December 31,



      2025


      2024


      2025


      2024


      2024












      Revenues


      73,243


      55,278


      37,080


      28,055


      114,934

      Cost of revenues


      (20,198)


      (15,933)


      (10,523)


      (7,917)


      (32,044)












      Gross profit


      53,045


      39,345


      26,557


      20,138


      82,890












      Research and development expenses


      (2,276)


      (1,199)


      (1,324)


      (480)


      (2,517)

      Selling & marketing


      (877)


      (901)


      (430)


      (418)


      (1,639)

      General and administrative expenses


      (4,682)


      (3,185)


      (1,795)


      (1,112)


      (5,730)



      (7,835)


      (5,285)


      (3,549)


      (2,010)


      (9,886)












      Operating income


      45,210


      34,060


      23,008


      18,128


      73,004












      Finance expenses


      (152)


      (188)


      (120)


      (97)


      (430)

      Finance income


      4,089


      1,934


      2,159


      1,024


      4,330












      Income before tax


      49,147


      35,806


      25,047


      19,055


      76,904












      Taxes on income


      (5,351)


      (5,383)


      (1,824)


      (3,178)


      (10,508)












      Net income


      43,796


      30,423


      23,223


      15,877


      66,396












      Other comprehensive loss










      (16)

      Total comprehensive income


      43,796


      30,423


      23,223


      15,877


      66,380












      Net income per share ($):











          Basic net income


      0.5416


      0.3837


      0.2860


      0.1999


      0.8332












          Diluted net income


      0.5218


      0.3646


      0.2752


      0.1883


      0.8024

      NEXTVISION STABILIZED SYSTEMS LTD.
      CONDENSED CONSOLIDATED BALANCE SHEETS















      US$ thousands


      As of June 30, 2025


      As of June 30, 2024


      As of Dec. 31, 2024



      (Unaudited)


      (Unaudited)


      (Audited)

      Current assets







      Cash and cash equivalents


      42,580


      89,138


      74,708

      Short-term deposits


      67,424


      –


      47,903

      Trade receivables


      17,560


      8,508


      6,374

      Current income tax receivable


      516


      –


      1,054

      Other receivables and debit balances


      4,819


      1,929


      1,840

      Inventories


      40,628


      16,846


      22,386








      Total current assets


      173,527


      116,421


      154,265








      Non-current assets







      Property, plant and equipment


      872


      458


      749

      Right-of-use assets


      3,187


      559


      514

      Intangible assets


      4,415


      2,928


      3,628








      Total non-current assets


      8,474


      3,945


      4,891








      Total assets


      182,001


      120,366


      159,156








      Current liabilities







      Trade payables and service providers


      10,078


      6,085


      5,842

      Current income tax payable


      –


      640


      –

      Other payables and credit balances


      14,191


      12,920


      15,024








      Total current liabilities


      24,269


      19,645


      20,866








      Non-current liabilities







      Employee benefit obligations


      114


      91


      114

      Deferred taxes


      515


      290


      373

      Lease liabilities


      3,540


      197


      111








      Total non-current liabilities


      4,169


      578


      598








      Equity







      Share capital and premium


      47,112


      43,184


      43,194

      Share-based payment reserve


      5,402


      2,465


      4,047

      Retained earnings


      101,049


      54,494


      90,451








      Total equity


      153,563


      100,143


      137,692








      Total liabilities and equity


      182,001


      120,366


      159,156

      SOURCE NextVision

      Modal title

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