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Side-by-side financial comparison of ELBIT SYSTEMS LTD (ESLT) and TECOGEN INC. (TGEN). Click either name above to swap in a different company.

ELBIT SYSTEMS LTD is the larger business by last-quarter revenue ($5.8M vs $5.3M, roughly 1.1× TECOGEN INC.). ELBIT SYSTEMS LTD runs the higher net margin — 6.3% vs -75.1%, a 81.4% gap on every dollar of revenue. ELBIT SYSTEMS LTD produced more free cash flow last quarter ($319.6K vs $-2.6M).

Elbit Systems Ltd. is an Israel-based international military technology company and defense contractor. Founded in 1966 by Elron, Elbit Systems is the primary provider of the Israeli military's land-based equipment and unmanned aerial vehicles. It is an important company within the defense industry of Israel.

ESLT vs TGEN — Head-to-Head

Bigger by revenue
ESLT
ESLT
1.1× larger
ESLT
$5.8M
$5.3M
TGEN
Higher net margin
ESLT
ESLT
81.4% more per $
ESLT
6.3%
-75.1%
TGEN
More free cash flow
ESLT
ESLT
$2.9M more FCF
ESLT
$319.6K
$-2.6M
TGEN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ESLT
ESLT
TGEN
TGEN
Revenue
$5.8M
$5.3M
Net Profit
$367.1K
$-4.0M
Gross Margin
24.3%
36.8%
Operating Margin
8.3%
-77.8%
Net Margin
6.3%
-75.1%
Revenue YoY
-12.5%
Net Profit YoY
-236.7%
EPS (diluted)
$7.85
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ESLT
ESLT
TGEN
TGEN
Q4 25
$5.3M
Q3 25
$5.8M
$7.2M
Q2 25
$7.3M
Q1 25
$7.3M
Q4 24
$6.1M
Q3 24
$5.6M
Q2 24
$4.7M
Q1 24
$6.2M
Net Profit
ESLT
ESLT
TGEN
TGEN
Q4 25
$-4.0M
Q3 25
$367.1K
$-2.1M
Q2 25
$-1.5M
Q1 25
$-659.9K
Q4 24
$-1.2M
Q3 24
$-930.4K
Q2 24
$-1.5M
Q1 24
$-1.1M
Gross Margin
ESLT
ESLT
TGEN
TGEN
Q4 25
36.8%
Q3 25
24.3%
30.4%
Q2 25
33.8%
Q1 25
44.3%
Q4 24
45.0%
Q3 24
44.1%
Q2 24
44.0%
Q1 24
41.6%
Operating Margin
ESLT
ESLT
TGEN
TGEN
Q4 25
-77.8%
Q3 25
8.3%
-29.2%
Q2 25
-19.4%
Q1 25
-8.2%
Q4 24
-18.7%
Q3 24
-15.5%
Q2 24
-31.2%
Q1 24
-17.0%
Net Margin
ESLT
ESLT
TGEN
TGEN
Q4 25
-75.1%
Q3 25
6.3%
-29.7%
Q2 25
-20.1%
Q1 25
-9.1%
Q4 24
-19.5%
Q3 24
-16.5%
Q2 24
-32.5%
Q1 24
-17.9%
EPS (diluted)
ESLT
ESLT
TGEN
TGEN
Q4 25
$-0.14
Q3 25
$7.85
$-0.07
Q2 25
$-0.06
Q1 25
$-0.03
Q4 24
$-0.05
Q3 24
$-0.04
Q2 24
$-0.06
Q1 24
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESLT
ESLT
TGEN
TGEN
Cash + ST InvestmentsLiquidity on hand
$265.4K
$12.4M
Total DebtLower is stronger
$90.7K
Stockholders' EquityBook value
$3.3M
$21.6M
Total Assets
$11.0M
$37.0M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESLT
ESLT
TGEN
TGEN
Q4 25
$12.4M
Q3 25
$265.4K
$15.3M
Q2 25
$1.6M
Q1 25
$4.1M
Q4 24
$5.4M
Q3 24
$1.3M
Q2 24
$841.9K
Q1 24
$1.5M
Total Debt
ESLT
ESLT
TGEN
TGEN
Q4 25
Q3 25
$90.7K
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ESLT
ESLT
TGEN
TGEN
Q4 25
$21.6M
Q3 25
$3.3M
$25.5M
Q2 25
$9.1M
Q1 25
$9.6M
Q4 24
$10.2M
Q3 24
$11.3M
Q2 24
$12.2M
Q1 24
$13.7M
Total Assets
ESLT
ESLT
TGEN
TGEN
Q4 25
$37.0M
Q3 25
$11.0M
$41.5M
Q2 25
$28.4M
Q1 25
$29.7M
Q4 24
$31.1M
Q3 24
$27.5M
Q2 24
$27.2M
Q1 24
$28.5M
Debt / Equity
ESLT
ESLT
TGEN
TGEN
Q4 25
Q3 25
0.03×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESLT
ESLT
TGEN
TGEN
Operating Cash FlowLast quarter
$534.6K
$-2.6M
Free Cash FlowOCF − Capex
$319.6K
$-2.6M
FCF MarginFCF / Revenue
5.5%
-49.3%
Capex IntensityCapex / Revenue
3.7%
0.9%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$-10.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESLT
ESLT
TGEN
TGEN
Q4 25
$-2.6M
Q3 25
$534.6K
$-3.6M
Q2 25
$-2.6M
Q1 25
$-1.2M
Q4 24
$4.2M
Q3 24
$-207.3K
Q2 24
$-157.9K
Q1 24
$248.2K
Free Cash Flow
ESLT
ESLT
TGEN
TGEN
Q4 25
$-2.6M
Q3 25
$319.6K
$-3.6M
Q2 25
$-2.7M
Q1 25
$-1.3M
Q4 24
$4.0M
Q3 24
$-489.6K
Q2 24
$-609.6K
Q1 24
$143.3K
FCF Margin
ESLT
ESLT
TGEN
TGEN
Q4 25
-49.3%
Q3 25
5.5%
-50.6%
Q2 25
-37.7%
Q1 25
-17.9%
Q4 24
66.6%
Q3 24
-8.7%
Q2 24
-12.9%
Q1 24
2.3%
Capex Intensity
ESLT
ESLT
TGEN
TGEN
Q4 25
0.9%
Q3 25
3.7%
1.0%
Q2 25
2.0%
Q1 25
1.8%
Q4 24
2.1%
Q3 24
5.0%
Q2 24
9.6%
Q1 24
1.7%
Cash Conversion
ESLT
ESLT
TGEN
TGEN
Q4 25
Q3 25
1.46×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ESLT
ESLT

Segment breakdown not available.

TGEN
TGEN

Installation Services$4.5M84%
Products Segment$460.5K9%
Other$394.7K7%

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