BOS (NASDAQ: BOSC) delivered a record-breaking 2025, with full-year revenues rising 26.6% to $50.6M and net income up 57% to $3.6M. Q4 EPS came in at $0.12, up 50% year-over-year. No after-hours stock movement was disclosed in the release; the stock traded around $5.00 on earnings day, March 31, 2026.
About B.O.S. Better Online Solutions Ltd.
B.O.S. Better Online Solutions Ltd. (NASDAQ: BOSC) is an Israel-based technology integrator that streamlines and enhances supply chain operations for global customers in the aerospace, defense, industrial, and retail sectors.
Founded in 1990 by Israel Gal and headquartered in Rishon LeZion, Israel, the company operates through three specialized divisions: Supply Chain Solutions, RFID, and Intelligent Robotics. As of March 31, 2026, BOSC carries a market capitalization of approximately $30.9M, with a P/E ratio of 9.73, no dividend yield, and a reported employee count of approximately 80 people. The stock traded at $5.00 on the earnings release date, within an intraday range of $4.92 to $5.14.
Top Financial Highlights
- Full year 2025 revenues reached $50.6M, a +26.6% increase compared to $39.9M in 2024
- Q4 2025 revenues came in at $12.6M, up +21.5% compared to $10.4M in Q4 2024
- Full year net income reached $3.6M, up +57.0% year-over-year from $2.3M
- Q4 net income was $819K, up +68.9% versus $485K in Q4 2024
- Full year EPS (basic) was $0.59, compared to $0.40 in 2024, a +47.5% improvement
- Q4 EPS (basic) was $0.12, up +50% from $0.08 in Q4 2024
- Full year EBITDA reached $4.6M, a +42.6% jump versus $3.2M in 2024
- Q4 EBITDA was $944K, growing +32% from $715K in Q4 2024
- Supply Chain division revenues surged +37.6% to $35.5M for full year 2025, versus $25.8M in 2024
- RFID division revenues reached $13.6M, growing slightly from $12.9M; however, the division reported an operating loss of $665K due to a $1.2M goodwill impairment charge
- Intelligent Robotics revenues were $1.85M, up from $1.41M, contributing $154K in operating income
- Cash and cash equivalents grew to a record $11.8M as of December 31, 2025, up from $3.4M at end of 2024
- Contracted backlog stood at $24M as of December 31, 2025
- Full year 2026 guidance issued at revenues of $51M and net income of $3.6M, consistent with 2025 results
- Full year gross profit was $12.1M at a gross margin of approximately 23.9%, compared to $9.3M in 2024
Beat or Miss?
Analyst consensus estimates for BOSC are not publicly tracked by major financial data providers given the company’s micro-cap status. The earnings release does not reference specific analyst consensus figures. The following table compares reported results against prior-period guidance and internal targets:
| Metric | Q4 2025 Reported | Q4 2024 Reported | Difference / Analysis |
| Revenue | $12.6M | $10.4M | +21.5% beat vs. prior year pace |
| Net Income | $819K | $485K | +68.9% improvement |
| EBITDA | $944K | $715K | +32% increase |
| Basic EPS | $0.12 | $0.08 | +50% improvement |
| Cash on Hand | $11.8M | $3.4M | Record level; significant balance sheet improvement |
| Contracted Backlog | $24M | N/A | Strong forward visibility |
What Leadership Is Saying?
“We are pleased to report record revenues and net income for the full year 2025, capping an outstanding year of growth for BOS. We demonstrated sustained business momentum, most notably in our defense related business lines where we continue to see robust demand for both our supply chain and robotics solutions, and maintained our diligent operating discipline.
Supply chain division revenues grew by 40% during the year, demonstrating the benefit of our global diversification strategy. We continue to focus on expanding our opportunities in this key sector through deeper engagement with existing customers, strategic wins with new customers and entry into additional global markets, such as India, which is a growing hub for subcontracting programs with Israeli defense customers.” – Eyal Cohen, Chief Executive Officer, BOS
On the RFID division, CEO Cohen also noted:
“Our RFID division experienced a $665,000 operating loss for the full year, primarily due to a goodwill impairment charge of $1.2 million. Absent this charge, the division would have generated approximately $535,000 in operating income. The ongoing geopolitical tension in Israel since October 2023 negatively impacted the Israeli commercial market… Q4 performance showed a 27% increase in revenues year-over-year, a positive indication that we can return this division to a growth trajectory in 2026.” -Eyal Cohen, Chief Executive Officer, BOS
Historical Performance
Full Year YoY Comparison (FY2025 vs FY2024)
| Category | FY2025 | FY2024 | Change (%) |
| Total Revenue | $50.6M | $39.9M | 26.60% |
| Gross Profit | $12.1M | $9.3M | 30.00% |
| Operating Income | $2.9M | $1.4M | 102.10% |
| Net Income | $3.6M | $2.3M | 57.00% |
| EBITDA | $4.6M | $3.2M | 42.60% |
| Basic EPS | $0.59 | $0.40 | 47.50% |
| Cash and Equivalents | $11.8M | $3.4M | 251.10% |
| Total Assets | $44.6M | $34.3M | 30.00% |
| Shareholders Equity | $28.7M | $21.3M | 34.70% |
Q4 YoY Comparison (Q4 2025 vs Q4 2024)
| Category | Q4 2025 | Q4 2024 | Change (%) |
| Revenue | $12.6M | $10.4M | 21.50% |
| Gross Profit | $3.0M | $2.4M | 26.90% |
| Operating Income (Loss) | $312K | ($616K) | Turnaround |
| Net Income | $819K | $485K | 68.90% |
| EBITDA | $944K | $715K | 32.00% |
| Basic EPS | $0.12 | $0.08 | 50.00% |
Segment Performance (FY2025 vs FY2024)
| Segment | FY2025 Revenue | FY2024 Revenue | Change (%) | FY2025 Op. Income (Loss) |
| Supply Chain Solutions | $35.5M | $25.8M | 37.60% | $4.4M |
| RFID Division | $13.6M | $12.9M | 5.50% | ($665K) |
| Intelligent Robotics | $1.85M | $1.41M | 31.20% | $154K |
Competitive Landscape
BOS operates across three distinct technology verticals. The most directly comparable publicly traded peer in the supply chain distribution and RFID technology space is ScanSource (NASDAQ: SCSC), a leading technology distributor focused on specialty technology solutions including barcode, RFID, and mobility devices.
However, ScanSource operates at a substantially larger scale, with full-year FY2025 net sales (fiscal year ending June 30, 2025) just over $3 billion, making it a large-cap reference rather than a true direct peer. For RFID specifically, BOS competes in a global market valued at approximately $14.6B in 2025 and projected to grow at 8.5% CAGR to $30.5B by 2034. Other large RFID players cited in the market include Impinj, Datalogic, and Alien Technology, though these do not directly overlap with BOS’s defense-focused niche.
| Category | SCSC FY2025 | SCSC FY2024 | Change (%) |
| Revenue | ~$3.04B | ~$3.26B | -6.7% |
| Gross Profit | $408.6M | $399.0M | +2.4% |
| Adjusted EBITDA | $144.7M | $140.7M | +2.8% |
| Non-GAAP Net Income | $85.1M | $77.7M | +9.6% |
| Non-GAAP EPS (diluted) | $3.57 | $3.08 | +15.9% |
| Gross Margin | 13.40% | 12.20% | +120 bps |
How the Market Reacted?
The earnings release did not disclose specific after-hours or intraday stock movement linked to the announcement. On the day of the earnings release, March 31, 2026, BOSC shares traded within a range of $4.92 to $5.14, closing around $5.00, which represents a relatively stable session. The sentiment of the report leans solidly bullish, given record revenues, record cash, and meaningful net income growth across all key metrics.
The company’s conservative 2026 guidance of $51M in revenue and $3.6M net income signals management’s commitment to measured expectations while maintaining exposure to rising defense spending. Over the trailing twelve months leading up to the announcement, BOSC shares had gained approximately 33% from the 52-week low of $3.30, reaching a high of $6.72 at peak.
