Key Highlights

● Second-quarter 2026 Revenue was US$14.9 million, up 29% year on year.

● Backlog stood at a record US$31 million, with about US$20 million due by end-2026.

● Full-year 2026 guidance is revenue above US$51 million and Net Income above US$3.6 million.

● A US$380,000 follow-on robotics order and a US$1.2 million European defence order were announced.

Latest development: defence orders

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC), an Israeli supply-chain and radio-frequency identification (RFID) specialist, has continued to announce modest defence orders. On 1 October 2026 the company announced a US$380,000 follow-on order for its Intelligent Robotics Division from an existing Israeli defence customer. On 16 September it announced a US$1.2 million order from a European defence customer. The orders are small relative to the company's backlog, but they show Demand for defence-related products.

Second-quarter results

The company published its second-quarter 2026 results on 20 August. Revenue was US$14.9 million, up 29% from US$11.5 million a year earlier and about 30% above the first quarter. Gross Profit was US$3.4 million, a 23.0% Margin compared with 22.8%. Operating Income was US$1.1 million, against US$0.1 million a year earlier, when it was reduced by a US$0.7 million Goodwill impairment. Net income was US$1.4 million, or US$0.19 per diluted share, compared with US$0.8 million, or US$0.12.

First-half revenue was US$26.2 million, roughly flat on US$26.6 million in the first half of 2025, so the second quarter's strong growth followed a weaker first quarter. RFID revenue rose 17.5% in the first half, while supply-chain revenue fell 5.8%, which management attributed to temporary softness based on backlog trends.

Backlog and guidance

Backlog stood at a record US$31 million at the end of the quarter, unchanged from the previous quarter, with about US$20 million scheduled for delivery by the end of 2026. Chief executive Eyal Cohen said the backlog remained at a record.

The company guided to full-year 2026 revenue above US$51 million and raised its net income guidance to above US$3.6 million. Given first-half revenue of US$26.2 million, the revenue guidance implies a stronger second half, which depends on delivering the backlog. Net income guidance of above US$3.6 million compares with US$1.4 million in the second quarter alone.

Balance sheet and acquisitions

BOS says US$2.9 million of proceeds from Warrant and option exercises is available to support potential bolt-on acquisitions, and that management is evaluating such deals. Acquisitions can add revenue but also integration risk, and the company has previously recorded a goodwill impairment, as the year-earlier operating figure shows.

Backlog delivery and the third-quarter report

BOS announced on 10 September that it will release third-quarter 2026 results on 30 November 2026. Management calls the supply-chain softness temporary, and later results will show whether that view holds.

The two disclosed defence orders total US$1.58 million, against a record US$31 million backlog, so cumulative delivery of the US$20 million scheduled for 2026 matters more than any single order headline.