Profit

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Sep 2, 2026
08:34ICE
Delek Nadlan celebrates an excellent deal: fitness chain joins for 25 years
Real Estate

Delek Nadlan celebrates an excellent deal: fitness chain joins for 25 years

Delek Nadlan is leasing an entire floor of 1,700 sqm to the Profit chain at the Castel complex. The lease agreement was signed for 25 years and will bring the complex's occupancy to 75% ahead of its opening in 2027.

Aug 30, 2026
11:42ICE
After the stock crash: tourism giant Issta sees 315% profit jump
Business

After the stock crash: tourism giant Issta sees 315% profit jump

Despite the turmoil experienced by Issta's stock over the last half year, the company's reports for the second quarter of 2026 show strong results alongside a new record in equity.

Aug 26, 2026
13:01Globes
Dalia Korkin admits: "The results are not as good as we had hoped"
Business

Dalia Korkin admits: "The results are not as good as we had hoped"

The nursing and care company shows stagnation in operating profit, alongside a decline in the stock since the IPO. It reports the acquisition of a company in the home care sector for 72 million shekels, expects recent acquisitions to add 190 million shekels to revenue, and aims to expand into care for the homeless and autistic: "This is a division that will bring us to large turnovers."

11:28Globes
Partner reports reveal: how much is each customer worth to a mobile company?
Business

Partner reports reveal: how much is each customer worth to a mobile company?

Partner's revenue fell by 1.5% to 790 million shekels, but operating profit and EBITDA continued to grow. The company crossed the one million 5G subscriber mark for the first time, alongside an increase in internet and television subscribers. The company is awaiting a court ruling on its request to distribute a special dividend.

Partner grows in mobile and television: net profit jumped by approximately 16.7% in the second quarter
Business

Partner grows in mobile and television: net profit jumped by approximately 16.7% in the second quarter

Partner reports an increase in financial results for the second quarter: revenues rose by 2.6% to 790 million shekels, and net profit grew by 16.7% to 84 million shekels.

Jump in Harel's quarterly profit — over one billion shekels; will distribute a dividend of 400 million shekels
Business

Jump in Harel's quarterly profit — over one billion shekels; will distribute a dividend of 400 million shekels

Harel Insurance ended the second quarter with a total profit of 1.02 billion shekels, a 30% increase compared to the same period last year. Following these strong results, the company announced a dividend distribution of 400 million shekels.

08:20ICE
Profit surge and cash reserve of 813 million shekels: Isras real estate group reports record figures
Business

Profit surge and cash reserve of 813 million shekels: Isras real estate group reports record figures

An agreement for the sale of land in the south, alongside an improvement in income-generating assets, boosted the company's net profit by 30% in the first half of the year, while its cash reserves swelled to hundreds of millions of shekels.

08:05Globes
Harel: Investments and credit drive 30% profit jump
Business

Harel: Investments and credit drive 30% profit jump

Insurance giant Harel reported a 30% increase in second-quarter profit, totaling 1 billion shekels. Growth was fueled by investment gains and a 68% surge in asset management and credit operations. The company is shifting to a quarterly dividend distribution policy.

07:04ICE
Revolution in medical cannabis: a jump of millions of shekels in profit
Business

Revolution in medical cannabis: a jump of millions of shekels in profit

Despite a slight decrease in revenue in the first half of the year, the company shows a dramatic improvement in profitability indicators and reports exceptionally high liquidity of tens of millions of shekels in cash.

Aug 25, 2026
21:59ICE
Fattal chain profits soar – but there is one figure to pay attention to
Business

Fattal chain profits soar – but there is one figure to pay attention to

The company recorded an increase of about 17% in net profit in the second quarter, alongside significant growth in EBITDA and EBITDAR excluding exchange rate effects. However, revenues in shekels decreased due to currency effects and the security situation; the company expects revenues of 7.8–8.1 billion shekels in 2026.

15:24ICE
Formula Group celebrates: net profit doubled, revenue reached $1.5 billion
Business

Formula Group celebrates: net profit doubled, revenue reached $1.5 billion

With a 163% jump in net profit from continuing operations and all-time record revenues, the Israeli software giant presents a phenomenal first half and distributes tens of millions of dollars to shareholders.

14:49ICE
Stock market in shock: The company showing a 22-fold jump in profit
Business

Stock market in shock: The company showing a 22-fold jump in profit

The infrastructure and industrial conglomerate controlled by Shlomi Fogel, Sami Katsav, and others concluded an exceptionally strong quarter - with an 84% jump in EBITDA, a 2.5 billion shekel order backlog at the shipyard, and a new silo facility that may directly affect food prices in Israel.

Menora Mivtachim: Profit rose by 10% to 785 million shekels
Business

Menora Mivtachim: Profit rose by 10% to 785 million shekels

Menora Mivtachim concluded the second quarter with a total profit of 785 million shekels, a 10% increase compared to the same period last year. The company's return on equity rose to 24.7%.

09:39ICE
Menora Mivtachim breaks a record: 34.2% return on equity for the quarter
Business

Menora Mivtachim breaks a record: 34.2% return on equity for the quarter

Total profit for the half-year rose 13% to 1.25 billion shekels, adjusted profit jumped 26%, and the group distributed half a billion shekels in dividends and immediately announced another half a billion. Behind the numbers lies a new growth engine - credit - and a first perfect rating. What does all this mean for your pension savings?

08:57Globes
60% jump in profit and one sector that stands out negatively: Electra summarizes the quarter
Business

60% jump in profit and one sector that stands out negatively: Electra summarizes the quarter

Jump in net profit: Electra concludes the quarter with revenues of 4 billion shekels and a 60% jump in profit to 109 million. The growth was supported by a sharp increase in the infrastructure, real estate, and concession sectors in Israel, which offset the erosion in overseas operations. The company will distribute a dividend of 41 million shekels against the backdrop of winning mega-projects and...

05:37Globes
Independent trading, economies of scale and a trillion shekels: how investment houses became profit machines
Business

Independent trading, economies of scale and a trillion shekels: how investment houses became profit machines

Thanks to automatic deposits, market rallies and strong operating leverage, the five largest investment houses recorded a 52% jump in aggregate net profit to 651 million shekels. Meitav and IBI lead thanks to independent trading activities and services for the high-tech sector, while Altshuler Shaham remains far behind.

Aug 24, 2026
12th Quarter of Double-Digit Growth at Terminal X; Net Profit Jumped by 90%
Business

12th Quarter of Double-Digit Growth at Terminal X; Net Profit Jumped by 90%

Terminal X reported its 12th consecutive quarter of double-digit growth, with net profit surging 90% to 13.7 million shekels. Total revenue for the second quarter of 2026 reached 161 million shekels, a 20.5% increase year-over-year.

09:56Globes
Terminal X boosts growth engines: revenue jumped by 20%, net profit nearly doubled
Business

Terminal X boosts growth engines: revenue jumped by 20%, net profit nearly doubled

Independent brands already account for 23% of revenue and show significantly higher profitability. The company continues to expand its acquisition portfolio.

09:50ICE
3-fold profit jump: Real estate and infrastructure giant crushes forecasts
Business

3-fold profit jump: Real estate and infrastructure giant crushes forecasts

While commodity prices are rising and construction companies are struggling, Shapir Engineering presents good data, including a jump in apartment sales. Revenue jumps to 1.68 billion shekels.

09:39Globes
Baladi's net profit jumped by 50% in the second quarter, despite minimal revenue growth
Business

Baladi's net profit jumped by 50% in the second quarter, despite minimal revenue growth

Alongside a revenue increase of only 0.4% to 357 million shekels, Baladi recorded a sharp improvement in profitability margins and continues to advance its new logistics center project. Furthermore, the company approved an additional dividend distribution of 20 million shekels, following two distributions of 10 million shekels each earlier this year.

09:22Globes
Tidhar: Unusual IPO expenses eroded profit, and by how much did the prices of sold apartments drop
Business

Tidhar: Unusual IPO expenses eroded profit, and by how much did the prices of sold apartments drop

The real estate developer, which completed its IPO in Tel Aviv less than three months ago, showed an increase in the volume of apartments sold, which translated into a 4% growth in revenue, but unusual IPO expenses led to a sharp drop in profit. A decrease of almost one million shekels in the average apartment price.

09:08ICE
Harel Wiesel smiles: The company that doubled its profit to 14 million shekels
Business

Harel Wiesel smiles: The company that doubled its profit to 14 million shekels

The online arm of the Fox group, controlled by Harel Wiesel, recorded a record quarter - revenues of 161 million shekels, a 20% increase - and announced a dividend of 20 million shekels. What is the new growth engine whose profit jumped by 315% and which key index actually fell?

Aug 21, 2026
15:17ICE
Dramatic change of direction: Why did BlackEdge's profit drop?
Business

Dramatic change of direction: Why did BlackEdge's profit drop?

The credit company formerly known as Michman concludes the second quarter of 2026 with a sharp decline in profits and explains why it is willing to absorb a short-term hit for the sake of a new strategy.

06:39ICE
Diplomat reports a drop in profits: the giant faces financial headwinds
Business

Diplomat reports a drop in profits: the giant faces financial headwinds

Diplomat, a major importer of consumer brands, has released its financial results for the second quarter of 2026. Net profit fell to 23 million shekels, marking a significant decline compared to the same period last year.

Aug 20, 2026
Revenues fell, but Bituach Yashir's profit rose by 38% to 121 million shekels
Markets

Revenues fell, but Bituach Yashir's profit rose by 38% to 121 million shekels

Bituach Yashir concluded the second quarter with a 38% increase in insurance service profits, despite a 6% decline in revenues. The improved profitability is attributed to portfolio optimization and operational efficiency.

10:41ICE
Victory chain celebrates: 150% jump in profits and dividends for investors
Markets

Victory chain celebrates: 150% jump in profits and dividends for investors

The supermarket chain concludes the first half of 2026 with a 150% jump in net profit and reveals the new and surprising growth engine that includes the sale of iPhones and electrical appliances.

Following the signing of the agreement with Shikun & Binui: Generation presents an increase in profits and value
Real Estate

Following the signing of the agreement with Shikun & Binui: Generation presents an increase in profits and value

Investment fund Generation Capital concluded the second quarter of 2026 with a pre-tax profit of 826 million shekels. Cumulative profit for the first half of the year reached 1.05 billion shekels.

09:14Globes
Trading services and options management boosted IBI's profit
Markets

Trading services and options management boosted IBI's profit

The market boom and growth in core activities boosted the investment house's profits by approximately 76% in the second quarter to about 65 million shekels. The group's revenues, managed by Dave Lubetzky, jumped by 37% to about 479 million shekels, led by capital and trading services activities. IBI shares have completed a jump of almost 80% over the past year to a value of about 6 billion...

Aug 19, 2026
10:18ICE
Castro in a strong comeback: Profits soared after a year of declines
Consumer

Castro in a strong comeback: Profits soared after a year of declines

The Israeli fashion company reports a strong quarter with record operating profit and revenue growth. After 2025 ended with a profit decline of over 52% and the first quarter of the year closed with a loss of 28 million shekels, Castro signals a full recovery: "We continue to work to maximize sales and profitability in all brands."

09:37ICE
Yitzhak Tshuva celebrates: Delek Group's profit soared to 314 million shekels for the quarter
Markets

Yitzhak Tshuva celebrates: Delek Group's profit soared to 314 million shekels for the quarter

Delek Group, controlled by Yitzhak Tshuva, concluded the second quarter with revenues of 4.4 billion shekels and a 78% jump in net profit. The board approved a dividend of 250 million shekels, and the stock's dividend yield over the past year, about 14.5%, is among the highest in the TA-35 index. What is driving the results?

09:32Globes
Stability in Clal Insurance profits: 614 million shekels in the second quarter
Markets

Stability in Clal Insurance profits: 614 million shekels in the second quarter

Clal concludes the first half of the year with a profit of 1.05 billion shekels, similar to last year. The volume of assets under management rose to a record of 456 billion shekels. The company will distribute a dividend of 200 million shekels.

Aug 18, 2026
17:02ICE
After a loss of millions of shekels: Azorim Living reports 148% jump in net profit
Real Estate

After a loss of millions of shekels: Azorim Living reports 148% jump in net profit

Azorim Living, which moved from a heavy loss of millions of shekels to a net profit of tens of millions, reveals its second-quarter 2026 data and reports an occupancy rate of nearly 100% across its properties.

Aug 17, 2026
15:16ICE
Harel Wizel takes a hit: Profits dive, sharp decline in sales
Consumer

Harel Wizel takes a hit: Profits dive, sharp decline in sales

Retailors' reports for the second quarter of 2026 reveal a return to profitability compared to the previous quarter, but show a sharp decline in same-store sales for its leading sports brand worldwide.

Paz increases quarterly profit by 14% and distributes another 130 million shekels to shareholders
Markets

Paz increases quarterly profit by 14% and distributes another 130 million shekels to shareholders

The Paz Group finished the second quarter with a net profit of 158 million shekels, a 14% increase compared to the same period last year. The company also announced a dividend distribution of 130 million shekels.

10:36ICE
Meitav breaks records: profit jumped by 31% to 142 million shekels
Markets

Meitav breaks records: profit jumped by 31% to 142 million shekels

The largest investment house in Israel concluded a record quarter with a net profit for shareholders of 142 million shekels and net inflows of more than 14 billion shekels. The stock has risen by 42.5% in the last year - but where is all this money coming from, and what does it mean for your pension savings?

10:11Globes
Migdal: Profit remained stable, return on equity stood at 22.4%
Markets

Migdal: Profit remained stable, return on equity stood at 22.4%

Insurance company Migdal presented a 5% growth in core profit, but the interest rate cut eroded the total profit, which stood at approximately 575 million shekels at the end of the quarter. The long-term savings sector continued to enjoy growth.

Slight decrease in Mizrahi Tefahot's quarterly profit to 1.43 billion shekels
Markets

Slight decrease in Mizrahi Tefahot's quarterly profit to 1.43 billion shekels

Mizrahi Tefahot Bank concluded the second quarter of 2026 with a net profit of 1.43 billion shekels, a 2% decrease compared to the same period last year. The return on equity stood at 16%.

Aug 16, 2026
11:15ICE
Bank Yahav reveals financial results: Unexpected profit recorded
Markets

Bank Yahav reveals financial results: Unexpected profit recorded

Despite the impact of interest rates and a special bank tax, the bank concludes the first half of 2026 with a net profit of 218.3 million shekels and a surge in public credit.

Aug 13, 2026
13:14ICE
Aaron Frenkel's Company Reports 41% Profit Jump
Markets

Aaron Frenkel's Company Reports 41% Profit Jump

The company, which counts billionaire Aaron Frenkel among its prominent shareholders, recorded a 41% jump in quarterly profit thanks to the expansion of the Tamar reservoir. We examine why the first-half results appear lower and how much capital will be distributed to shareholders.

Tadiran shifted to quarterly profit — energy sector sales grew by 34%
Markets

Tadiran shifted to quarterly profit — energy sector sales grew by 34%

Tadiran concluded the second quarter with a net profit of 15 million shekels, reversing last year's loss. Revenue rose by 15.1%, driven by a 34% surge in the energy sector.

11:17ICE
Tadiran Group presents a dramatic turnaround: a 140% jump in profit
Markets

Tadiran Group presents a dramatic turnaround: a 140% jump in profit

After a heavy loss of tens of millions of shekels last year, the climate and energy giant concludes an exceptionally strong quarter with revenues of over half a billion shekels and an order backlog that continues to double itself.

09:10ICE
The frenzy around the iPhone and the new computer: a 92% jump in profits
Gadgets & Software

The frenzy around the iPhone and the new computer: a 92% jump in profits

The importer of Apple products in Israel concludes an exceptionally strong quarter with a jump of tens of percent in sales, millions distributed to investors, and a new computer model that became a surprising sales hit.

07:09ICE
Israeli real estate giant Reit 1 reports profit decline
Real Estate

Israeli real estate giant Reit 1 reports profit decline

Reit 1, an income-producing real estate investment fund, concludes the first half of 2026 with a decrease in net profit and has downwardly revised its annual forecasts due to the impact of the military campaign.

Aug 12, 2026
After a slight decline in the second quarter - Mor Gemel raises profit forecast
Markets

After a slight decline in the second quarter - Mor Gemel raises profit forecast

Mor Gemel ve-Pensiya reported a total profit of 17.5 million shekels for the second quarter, a 3% decrease year-on-year. Despite this, the company has raised its profit forecast for 2026.

10:36Globes
Cellcom recorded its most profitable quarter in 11 years
Markets

Cellcom recorded its most profitable quarter in 11 years

Cellcom presented its strongest quarter in 11 years, with a 44% jump in net profit to 92 million shekels and a 26% increase in operating profit. The main improvement stemmed from a sharp increase in equipment sales and continued debt reduction, while service revenues continued to erode and the stock responded with a rise of about 5% in trading.

Strauss sales fell despite price hikes, but profit doubled
Consumer

Strauss sales fell despite price hikes, but profit doubled

Strauss closed the second quarter of 2026 with a 6.7% decline in sales to 2.87 billion shekels. However, net profit doubled to 195 million shekels due to improved operating margins.

10:34Globes
Thanks to Ukrainian attacks: Bazan moves from loss to profit
Markets

Thanks to Ukrainian attacks: Bazan moves from loss to profit

The company moved from a loss of $37 million to a profit after the refining margin jumped to $17.9 per barrel. Ukrainian attacks on oil refineries in Russia and the blocking of the Strait of Hormuz reduced the supply of fuel products and boosted profitability.

09:26ICE
Strauss profit doubled to 195 million shekels despite revenue decline
Markets

Strauss profit doubled to 195 million shekels despite revenue decline

The group concluded the second quarter of 2026 with a 42% jump in operating profit and a net profit that more than doubled. Positive free cash flow enabled a dividend payout of 180 million shekels.

07:46Globes
Bank Leumi: Record 2.83 Billion Shekel Profit and Significant Efficiency Gains
Markets

Bank Leumi: Record 2.83 Billion Shekel Profit and Significant Efficiency Gains

With record profits, a 16.3% return on equity, and one of the world's best efficiency ratios, Bank Leumi continues to demonstrate strength despite the special tax imposed on the banking sector. Read on for the details.

Aug 11, 2026
Strong growth in Max Stock sales and increased profitability margins
Consumer

Strong growth in Max Stock sales and increased profitability margins

The weakening of the dollar boosted Max Stock's profits in the second quarter. The discount store chain reported a 12.7% increase in sales to 379 million shekels and a 35.7% jump in net profit.

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