Eltek (ELTK) Gross Margin (2009 - 2026)
Eltek's (ELTK) quarterly Gross Margin came in at 17.75% in 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.
Analysis
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.
- On a quarterly basis, Gross Margin fell 3509.0% year-over-year to 17.75% in Q1 2026; TTM through Mar 2026 was 7.92%, a 1165.0% decrease from a year earlier, with the FY2025 full-year figure at 15.42%, down 681.0% from the prior year.
- Gross Margin was 17.75% for Q1 2026 at Eltek, down from 8.74% in the prior quarter.
- Over five years, Gross Margin peaked at 31.02% in Q3 2023 and troughed at 17.75% in Q1 2026.
- A 5-year average of 19.23% and a median of 21.11% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 846 bps in 2025 and plunged 3509 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 21.11% in 2022, then jumped 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.
- The last three Gross Margin figures came in at 17.75% (Q1 2026), 8.74% (Q4 2025), and 12.03% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 40.12 Bn | 37.28 Bn | 747.00 Mn | 9.42% |
| 2 | Celestica | 37.56 Bn | 37.02 Bn | 577.50 Mn | 12.29% |
| 3 | Jabil | 31.98 Bn | 30.62 Bn | 828.00 Mn | 9.46% |
| 4 | Fabrinet | 14.56 Bn | 13.69 Bn | 158.05 Mn | 12.01% |
| 5 | Ttm Technologies | 12.81 Bn | 12.29 Bn | 211.86 Mn | 21.10% |
| 6 | Sanmina | 11.11 Bn | 9.26 Bn | 363.31 Mn | 10.49% |
| 7 | Plexus | 6.60 Bn | 6.28 Bn | 131.38 Mn | 10.07% |
| 8 | Benchmark Electronics | 2.65 Bn | 2.33 Bn | 78.40 Mn | 10.37% |
| 9 | Kimball Electronics | 615.96 Mn | 527.03 Mn | 32.95 Mn | 8.87% |
| 10 | Eltek | 54.40 Mn | 42.89 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% |