EOS Lifts FY26 Guidance as Order Book Hits $846M

Electro Optic Systems Holdings Limited (ASX:EOS) filed its Appendix 4C and quarterly activity report for the quarter ended 30 June 2026. Unaudited revenue for the first half of 2026 was approximately $169 million, a 284% increase from the first half of 2025, with ongoing conflicts and regional tension supporting demand. Available cash at 30 June was $256 million, or $286 million of available funding including unused debt facilities. The Order Book at 30 June was $846 million, an 84% increase from 31 December 2025 and the highest in the company's history. EOS upgraded FY26 revenue guidance for its base business, excluding MARSS, to between $280 million and $300 million, and expects underlying EBITDA to be positive for the first half of 2026.

During the quarter, EOS secured customer orders including a ~A$175 million order for its Slinger Counter-Drone Remote Weapon System for a United Arab Emirates-owned customer, a ~A$23 million Naval R400 order for a new Middle East customer, and additional US and international orders. MARSS, whose acquisition completed on 21 May 2026, secured ~A$188 million of new orders during the quarter, and BAE Systems selected EOS's AI-enabled NiDAR command-and-control system as the core of its next-generation counter-drone systems.