Eltek (ELTK) Gross Margin (2009 - 2026)
Eltek's Gross Margin came in at -17.75% for Q1 2026, down 35.09 percentage points from 17.34% a year earlier and down 26.49 percentage points from the prior quarter.
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Analysis
Eltek (ELTK) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Eltek reported Gross Margin of 7.92%, down 11.65 percentage points year-over-year; for FY2025, it came in at 15.42%, down 6.81 percentage points from FY2024.
- Gross Margin carries a five-year change of -5.66 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 22.22% in FY2024 (-5.84 pp), 28.06% in FY2023 (+7.20 pp), 20.86% in FY2022 (+0.47 pp) and 20.39% in FY2021 (-0.69 pp).
- The Q1 2026 figure represents the lowest quarterly Gross Margin in data going back to Q1 2009.
- Year-over-year, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -10.78 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2025 (a gain of 8.46 percentage points), and the weakest in Q1 2026 (a drop of 35.09 percentage points).
- Business Quant data shows ELTK's Gross Margin at 8.74% (Q4 2025), 12.03% (Q3 2025) and 24.10% (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn | 84.57% |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn | 52.30% |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn | 54.12% |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 36.70% |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn | 47.43% |
| 10 | Eltek | 55.64 Mn | 9.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -17.75% |
| Dec 31, 2025 | 8.74% |
| Sep 30, 2025 | 12.03% |
| Jun 30, 2025 | 24.10% |
| Mar 31, 2025 | 17.34% |
| Dec 31, 2024 | 17.98% |
| Sep 30, 2024 | 26.01% |
| Jun 30, 2024 | 15.63% |
| Mar 31, 2024 | 27.60% |
| Dec 31, 2023 | 28.05% |
| Sep 30, 2023 | 31.02% |
| Jun 30, 2023 | 26.73% |
| Mar 31, 2023 | 26.29% |
| Dec 31, 2022 | 21.11% |
| Sep 30, 2022 | 23.42% |
| Jun 30, 2022 | 18.46% |
| Mar 31, 2022 | 20.10% |
| Dec 31, 2021 | 20.54% |
| Sep 30, 2021 | 17.70% |
| Jun 30, 2021 | 26.16% |
API Access
Eltek Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ELTK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ELTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ELTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();