Eltek (ELTK) Gross Margin (2009 - 2026)
Eltek (ELTK) posted quarterly Gross Margin of 17.75% for Q1 2026, down 3509.0% year-over-year from 0.52% in Q1 2025, and down 303.05% quarter-over-quarter from 8.74% in Q4 2025.
Eltek (ELTK) Gross Margin (2009 - 2026) Analysis & Trends
Eltek (ELTK) has reported Gross Margin for 18 consecutive years, with 17.75% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 3509.0% year-over-year to 17.75%; the TTM figure through Mar 2026 stood at 7.92% (down 1165.0% YoY), while the FY2025 annual figure was 15.42%, down 681.0% from the prior year.
- Gross Margin slipped to 17.75% in Q1 2026 per ELTK's latest filing, from 8.74% in the prior quarter.
- Across five years, Gross Margin topped out at 31.02% in Q3 2023 and bottomed at 17.75% in Q1 2026.
- Historically, Gross Margin has averaged 19.23% across 5 years, with a median of 21.11% in 2022.
- Annual changes were most pronounced in 2025 — Gross Margin jumped 846 bps — and 2026, when it tumbled 3509 bps.
- Eltek's Gross Margin stood at 21.11% in 2022, then soared by 33 bps to 28.05% in 2023, then slumped by 36 bps to 17.98% in 2024, then plunged by 51 bps to 8.74% in 2025, then tumbled by 303 bps to 17.75% in 2026.
- Business Quant data shows ELTK's Gross Margin at 17.75% in Q1 2026, 8.74% in Q4 2025, and 12.03% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 376.80 Bn | 370.69 Bn | 3.55 Bn | 40.51% |
| 2 | Corning | 130.52 Bn | 128.01 Bn | 1.63 Bn | 36.14% |
| 3 | TE Connectivity | 58.24 Bn | 57.00 Bn | 1.84 Bn | 35.56% |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | 9.42% |
| 5 | Celestica | 34.83 Bn | 34.29 Bn | 577.50 Mn | 12.29% |
| 6 | Jabil | 33.37 Bn | 32.01 Bn | 828.00 Mn | 9.46% |
| 7 | Fabrinet | 15.92 Bn | 15.05 Bn | 158.05 Mn | 12.01% |
| 8 | Ttm Technologies | 11.93 Bn | 11.42 Bn | 211.86 Mn | 21.10% |
| 9 | Littelfuse | 10.43 Bn | 9.81 Bn | 306.06 Mn | 41.43% |
| 10 | Eltek | 56.86 Mn | 45.81 Mn | -1.85 Mn | -17.75% |
Historic Data
Download 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% |