Eltek Ltd. (ELTK) Income Statement
ELTK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsELTK revenue and net income
Where ELTK's revenue goes
2025Each bar shows an amount and its share of revenue. ELTK kept 1.6% of revenue as net income.
ELTK profit margins
ELTK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.3% | +9.3% | +7.1% | +2.3% |
| Gross profit | −22.8% | −1.2% | +0.6% | +2.0% |
| Operating income | −46.6% | −7.6% | −5.0% | +4.6% |
| Net income | −80.4% | −36.3% | −20.5% | −2.3% |
| EPS (diluted) | −73.0% | −32.4% | −20.6% | −8.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ELTK quarterly EPS vs estimates
Eltek beat the analyst EPS estimate in 2 of the last 6 quarters. Next report: November 17, 2026.
ELTK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.8M | $46.5M | $46.7M | $39.6M | $33.8M | $36.7M | $34.8M | $33.9M | $32.8M | $37.1M |
| Cost of revenue | $43.8M | $36.2M | $33.6M | $31.4M | $26.9M | $29.0M | $28.8M | $31.3M | $31.4M | $34.2M |
| Gross profit | $8.0M | $10.3M | $13.1M | $8.3M | $6.9M | $7.7M | $6.0M | $2.6M | $1.3M | $2.8M |
| Research & development | $50,000 | $187,000 | $85,000 | $92,000 | $78,000 | $2,000 | $16,000 | $0 | $41,000 | $117,000 |
| Sales, general & admin | $5.6M | $5.8M | $5.7M | $5.2M | $4.9M | $4.7M | $4.6M | $4.7M | $4.7M | $4.7M |
| Total operating expenses | $5.6M | $5.9M | $5.8M | $5.3M | $4.9M | $4.7M | $4.6M | $4.7M | $4.7M | $4.8M |
| Operating income | $2.3M | $4.4M | $7.3M | $3.0M | $1.9M | $3.0M | $1.4M | −$2.1M | −$3.4M | −$2.0M |
| Interest income | $573,000 | $730,000 | $148,000 | $45,000 | $0 | — | $440,000 | $475,000 | $298,000 | $309,000 |
| Interest expense | $1.3M | $38,000 | $122,000 | $137,000 | $75,000 | $210,000 | $335,000 | $451,000 | $298,000 | $340,000 |
| Income before taxes | $1.1M | $5.1M | $7.7M | $3.9M | $1.5M | $2.7M | $1.9M | −$2.5M | −$3.7M | −$2.6M |
| Income taxes | $247,000 | $873,000 | $1.4M | $664,000 | −$3.5M | $71,000 | $77,000 | $63,000 | $74,000 | $1.2M |
| Net income | $826,000 | $4.2M | $6.4M | $3.2M | $5.0M | $2.6M | $1.8M | −$2.6M | −$3.8M | −$3.6M |
| EBITDA | $3.2M | $6.6M | $9.1M | $5.5M | $3.3M | $4.3M | $3.4M | −$743,000 | −$1.5M | −$580,000 |
| EPS (diluted) | $0.17 | $0.63 | $1.07 | $0.55 | $0.83 | $0.54 | $0.09 | −$0.86 | −$1.54 | −$2.01 |
| Gross margin | 15.4% | 22.2% | 28.1% | 20.9% | 20.4% | 21.1% | 17.3% | 7.7% | 4.1% | 7.6% |
| Operating margin | 4.5% | 9.4% | 15.6% | 7.5% | 5.8% | 8.3% | 4.0% | −6.1% | −10.4% | −5.4% |
| Net margin | 1.6% | 9.1% | 13.6% | 8.1% | 14.9% | 7.1% | 5.2% | −7.7% | −11.5% | −9.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.5M | $10.4M | $13.2M | $13.3M | $12.5M | $12.8M | $10.8M | $13.5M | $10.5M | $11.8M | $12.3M | $11.9M |
| Cost of revenue | $12.5M | $12.3M | $12.1M | $11.7M | $9.5M | $10.5M | $8.8M | $10.0M | $8.8M | $8.5M | $8.9M | $8.2M |
| Gross profit | −$963,999 | −$1.9M | $1.2M | $1.6M | $3.0M | $2.2M | $1.9M | $3.5M | $1.6M | $3.3M | $3.5M | $3.7M |
| Research & development | $0 | $0 | $0 | $0 | $0 | $50,000 | $108,000 | $17,000 | $47,000 | $15,000 | $49,000 | $12,000 |
| Sales, general & admin | $1.6M | $1.4M | $1.0M | $1.5M | $1.6M | $1.4M | $1.5M | $1.6M | $1.2M | $1.5M | $1.4M | $1.4M |
| Total operating expenses | $1.6M | $1.4M | $1.0M | $1.5M | $1.6M | $1.5M | $1.6M | $1.6M | $1.2M | $1.5M | $1.5M | $1.4M |
| Operating income | −$2.5M | −$3.3M | $116,000 | $50,000 | $1.5M | $725,000 | $358,000 | $1.9M | $405,000 | $1.7M | $2.0M | $2.3M |
| Interest income | — | $94,000 | — | — | — | $504,000 | $246,000 | $137,000 | — | $350,000 | $608,000 | $279,000 |
| Interest expense | — | — | $479,000 | $287,000 | $1.0M | $271,000 | — | — | — | — | $334,000 | $334,000 |
| Income before taxes | −$3.2M | −$3.4M | −$363,000 | −$237,000 | $444,000 | $1.2M | $87,000 | $2.0M | $894,000 | $2.1M | $1.7M | $2.6M |
| Income taxes | −$500,000 | −$508,000 | −$53,000 | −$6,000 | $79,000 | $227,000 | $64,000 | $333,000 | $143,000 | $332,000 | $337,000 | $442,000 |
| Net income | −$2.7M | −$2.9M | −$310,000 | −$231,000 | $365,000 | $1.0M | $23,000 | $1.7M | $751,000 | $1.7M | $1.3M | $2.1M |
| EBITDA | −$1.9M | −$2.8M | −$584,000 | $613,000 | $2.0M | $1.7M | $763,000 | $2.4M | $1.3M | $2.4M | $2.9M | $2.9M |
| EPS (diluted) | −$0.41 | — | $0.00 | −$0.03 | $0.05 | $0.15 | $0.00 | $0.25 | $0.11 | $0.27 | $0.22 | $0.36 |
| Gross margin | −8.4% | −17.7% | 8.7% | 12.0% | 24.1% | 17.3% | 18.0% | 26.0% | 15.6% | 27.6% | 28.0% | 31.0% |
| Operating margin | −22.1% | −31.3% | 0.9% | 0.4% | 11.6% | 5.7% | 3.3% | 14.1% | 3.9% | 14.6% | 16.2% | 19.5% |
| Net margin | −23.8% | −27.3% | −2.3% | −1.7% | 2.9% | 7.9% | 0.2% | 12.7% | 7.2% | 14.8% | 10.8% | 18.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ELTK's financial statements (latest annual report filed March 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ELTK financial results
In fiscal year 2025 (ended December 31, 2025), Eltek reported revenue of $51.8 million, up 11.3% from the year before. It had net income of $0.8 million (down 80.4%), a net profit margin of 1.6%. Diluted earnings per share came to $0.17. Over five years revenue grew at an average rate of 7.1% a year.
See the ELTK stock overview for the latest quote and news, or the ELTK chart for price history and technical indicators.
ELTK income statement FAQ
What is Eltek's annual revenue?
Eltek reported total revenue of $51.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 11.3% from $46.5 million the previous year.
Is Eltek profitable?
Yes. Eltek reported net income of $0.8 million in fiscal 2025, a net profit margin of 1.6%; its operating margin was 4.5%.
What is Eltek's gross margin?
Eltek's gross margin was 15.4% in fiscal 2025: for every $100 of revenue, Eltek kept $15 after the direct cost of its products and services.
How much does Eltek spend on research and development?
Eltek spent $0.1 million on research and development in fiscal 2025, 0.1% of revenue.
How fast is Eltek growing?
Revenue grew 7.1% a year on average over the last five fiscal years, from $36.7 million to $51.8 million.
What are Eltek's earnings per share?
Eltek earned $0.17 per diluted share in fiscal 2025, compared with $0.63 a year earlier.
When will Eltek report its next earnings?
Eltek is expected to report results for the quarter ending September 30, 2026 on November 17, 2026 before the market opens.
When does Eltek's fiscal year end?
Eltek's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 26, 2026.