ELTK

MKT CAP:$57M

Eltek Ltd.

Market Cap

$57M

Technology·Hardware, Equipment & Parts·🇮🇱 Israel·NASDAQ

Technology·Hardware,·🇮🇱·NASDAQ

Stock Price

$8.53-$0.00 (-0.06%)

Apr 24, 2026

Company Details

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and ...

CEO

Eli Yaffe

IPO Date

Jan 22, 1997

Website

www.nisteceltek.com

Key Metrics TTM

Revenue

$52M

+11.3% YoY

Net Income

$826.0K

EPS (Diluted)

$0.12

Free Cash Flow

-$5M

Revenue / Share

$7.71

Gross Margin

15.4%

Operating Margin

4.5%

Net Margin

1.6%

FCF Margin

-9.6%

P/S

1.1x

P/E

68.7x

Earnings Reports

FY 2025

Dec 30, 2025

$52M+11.3%EPS $0.12

Q4 2025

Mar 9, 2026

$13M+23.1%EPS -$0.05

Q3 2025

Nov 18, 2025

$13M-1.9%EPS -$0.03

Q2 2025

Aug 14, 2025

$13M+19.7%EPS $0.05

Q1 2025

May 20, 2025

$13M+8.3%EPS $0.15

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$10M	$2M	$651.0K
Q2 22	$9M	$2M	$346.0K
Q3 22	$10M	$2M	$1M
Q4 22	$10M	$2M	$849.0K
Q1 23	$11M	$3M	$2M
Q2 23	$11M	$3M	$1M
Q3 23	$12M	$4M	$2M
Q4 23	$12M	$3M	$2M
Q1 24	$12M	$3M	$2M
Q2 24	$10M	$2M	$405.0K
Q3 24	$14M	$4M	$2M
Q4 24	$11M	$2M	$358.0K
Q1 25	$13M	$2M	$725.0K
Q2 25	$13M	$3M	$1M
Q3 25	$13M	$2M	$50.0K
Q4 25	$13M	$1M	$116.0K

Valuation

Quarter	P/S	P/E
Q1 22	1.5x	21.0x
Q2 22	1.5x	20.7x
Q3 22	1.5x	18.0x
Q4 22	1.4x	17.8x
Q1 23	1.4x	13.8x
Q2 23	1.3x	12.1x
Q3 23	1.3x	9.7x
Q4 23	1.2x	8.9x
Q1 24	1.2x	8.7x
Q2 24	1.2x	9.5x
Q3 24	1.2x	10.3x
Q4 24	1.2x	13.4x
Q1 25	1.2x	16.3x
Q2 25	1.1x	18.3x
Q3 25	1.2x	49.0x
Q4 25	1.1x	68.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$341.0K	$52.0K
Q2 22	$512.0K	$186.0K
Q3 22	$2M	-$115.0K
Q4 22	$1M	$684.0K
Q1 23	$3M	$2M
Q2 23	$119.0K	-$287.0K
Q3 23	$4M	$3M
Q4 23	$2M	$1M
Q1 24	$1M	-$1M
Q2 24	$2M	-$2M
Q3 24	$2M	-$320.0K
Q4 24	$10.0K	-$2M
Q1 25	$126.0K	-$1M
Q2 25	-$3M	-$5M
Q3 25	$2M	$411.9K
Q4 25	$2M	$298.4K

Capital Expenditures

Quarter	CapEx
Q1 22	$289.0K
Q2 22	$326.0K
Q3 22	$2M
Q4 22	$571.0K
Q1 23	$305.0K
Q2 23	$406.0K
Q3 23	$475.0K
Q4 23	$1M
Q1 24	$3M
Q2 24	$3M
Q3 24	$2M
Q4 24	$2M
Q1 25	$1M
Q2 25	$2M
Q3 25	$2M
Q4 25	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+6.5%	+6.5%
Q2 22	+3.4%	+9.5%
Q3 22	+11.6%	+6.8%
Q4 22	+10.3%	+12.9%
Q1 23	+17.6%	+8.5%
Q2 23	+21.5%	+10.4%
Q3 23	+14.9%	+3.8%
Q4 23	+17.6%	+7.2%
Q1 24	+2.7%	+1.8%
Q2 24	-5.2%	+4.3%
Q3 24	+14.0%	+21.6%
Q4 24	-12.7%	+0.8%
Q1 25	+8.3%	+19.6%
Q2 25	+19.7%	+10.1%
Q3 25	-1.9%	+13.8%
Q4 25	+23.1%	+26.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$53.0K	0.5%
Q2 22	$64.0K	0.7%
Q3 22	$71.0K	0.7%
Q4 22	$62.0K	0.6%
Q1 23	$72.0K	0.6%
Q2 23	$72.0K	0.7%
Q3 23	$72.0K	0.6%
Q4 23	$147.0K	1.2%
Q1 24	$132.0K	1.1%
Q2 24	$154.0K	1.5%
Q3 24	$160.0K	1.2%
Q4 24	$161.0K	1.5%
Q1 25	$138.0K	1.1%
Q2 25	$132.0K	1.1%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 22	$17.0K	$1M
Q2 22	$26.0K	$1M
Q3 22	$33.0K	$1M
Q4 22	$15.0K	$1M
Q1 23	$9.0K	$1M
Q2 23	$15.0K	$2M
Q3 23	$12.0K	$1M
Q4 23	$49.0K	$1M
Q1 24	$15.0K	$2M
Q2 24	$47.0K	$1M
Q3 24	$17.0K	$2M
Q4 24	$108.0K	$1M
Q1 25	$50.0K	$1M
Q2 25	—	$2M
Q3 25	—	$2M
Q4 25	—	$1M

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$9M	$0	$9M
Q2 22	$8M	$0	$8M
Q3 22	$8M	$0	$8M
Q4 22	$7M	$0	$7M
Q1 23	$8M	$0	$8M
Q2 23	$8M	$0	$8M
Q3 23	$11M	$0	$11M
Q4 23	$9M	$3M	$12M
Q1 24	$11M	$9M	$20M
Q2 24	$9M	$9M	$18M
Q3 24	$9M	$10M	$18M
Q4 24	$8M	$10M	$17M
Q1 25	$6M	$9M	$16M
Q2 25	$2M	$9M	$11M
Q3 25	$2M	$10M	$12M
Q4 25	$2M	$10M	$12M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	6M	+20.4%	+33.3%
Q2 22	6M	+0.1%	+33.6%
Q3 22	6M	0.0%	+33.6%
Q4 22	6M	0.0%	+20.6%
Q1 23	6M	+0.0%	+0.2%
Q2 23	6M	+1.6%	+1.6%
Q3 23	6M	+0.7%	+2.3%
Q4 23	6M	+1.5%	+3.8%
Q1 24	6M	+6.9%	+10.9%
Q2 24	7M	+5.2%	+14.9%
Q3 24	7M	-0.9%	+13.0%
Q4 24	7M	+0.2%	+11.7%
Q1 25	7M	+0.0%	+4.5%
Q2 25	7M	-0.0%	-0.6%
Q3 25	7M	-1.0%	-0.7%
Q4 25	7M	+0.0%	-0.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$37.5K	260
Q2 22	$35.0K	260
Q3 22	$39.7K	260
Q4 22	$35.6K	294
Q1 23	$39.0K	294
Q2 23	$37.6K	294
Q3 23	$40.3K	294
Q4 23	$37.0K	333
Q1 24	$35.4K	333
Q2 24	$31.4K	333
Q3 24	$40.6K	333
Q4 24	$32.7K	329
Q1 25	$38.8K	329
Q2 25	$38.1K	329
Q3 25	$40.3K	329
Q4 25	$40.2K	329

Revenue / Employee