NASDAQ$ELTK

Eltek Ltd · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Eltek reported strong Q2 2025 results with 20% YoY revenue growth and improved margins across the board.

Eltek delivered a solid quarter with $12.5 million in revenue, supported by strong momentum in the defense and medical sectors. Gross margin expanded to 24%, operating income tripled to $1.5 million, and EBITDA rose to $2 million. Net income was $0.4 million despite adverse FX movements.

  • Revenue reached $12.5 million, up 20% YoY.
  • Gross margin expanded to 24.1%, up from 15.6% last year.
  • EBITDA doubled to $2.0 million, representing 15.6% of revenue.
  • Net income was $0.4 million despite a $1.0 million FX-related expense.

Headline financials

Total Revenue

$12.5M

Previous: $10.5M+19.7%
EPS (adj)

$0.05

Previous: $0.11-54.5%
Gross Margin

24.1%

No prior period
EBITDA

$1.96M

No prior period
Net Income

$365K

Previous: $751K-51.4%
Operating Income

$1.46M

Previous: $405K+259.5%
Gross Profit

$3.02M

Previous: $1.64M+84.5%

Revenue & EPS history

Eltek · Revenue · Quarterly

$12.5M

Q2 2025+19.7%vs Q2 2024
Beat estimate in 3 of 7 quarters(43%)
ActualEstimate

Forward guidance

Eltek expects to continue benefiting from strong demand in defense and medical markets and plans to expand production capacity with coating line installations scheduled toward the end of 2025.

Tailwinds

  • Strong demand from defense and medical customers.
  • Operational improvements support higher profitability.
  • Successful installation of new production equipment.
  • 10% workforce increase to meet growing demand.
  • Updated pricing model to mitigate FX headwinds going forward.

Headwinds

  • $1.0 million non-cash financial expense due to currency fluctuation.
  • Delay in coating line delivery to late 2025.
  • Net income declined YoY despite higher revenue.
  • Cash and cash equivalents declined to $1.8 million.
  • Negative free cash flow due to increased investments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+3.1%

Avg return

Earnings day

+3.7%

Avg return

5 days after

+4.7%

Avg return

30 days after

42%

27 / 65 earnings

Positive

+407.3%

Q1 2019

Best reaction

-31.2%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.4%+3.8%+14.4%
Q1 2026-4.8%-6.1%+8.7%
Q3 2025-18.9%-29.4%-22.5%
Q2 2025+0.6%-0.9%-1.8%
Q1 2025-0.2%+0.8%+4.2%
Q4 2024-23.2%-22.1%-23.1%
Q3 2024+3.5%-1.7%-3.9%
Q2 2024-11.2%-10.8%-2.8%
Q1 2024+11.0%+9.1%-8.5%
Q4 2023-23.4%-23.9%-26.9%
Q3 2023+6.3%+13.6%+29.2%
Q2 2023+15.8%+6.9%+32.4%
Q1 2023+56.2%+88.6%+161.3%
Q4 2022+4.1%+2.2%-5.1%
Q3 2022+8.5%+3.6%+4.1%
Q2 2022-3.3%-4.0%-13.8%
Q1 2022+4.6%+8.0%-1.3%
Q4 2021+6.6%+2.0%+0.0%
Q3 2021-13.6%-15.5%-26.1%
Q2 2021+1.0%+4.3%+2.7%
Q1 2021+4.6%+6.5%+10.8%
Q4 2020+1.0%+8.3%-5.4%
Q3 2020-1.7%-0.2%+1.5%
Q2 2020+5.0%+6.1%+8.1%
Q1 2020-13.1%-14.2%+14.6%
Q4 2019-5.2%-10.6%-0.9%
Q3 2019-18.7%-18.3%-18.1%
Q2 2019-31.2%-31.3%-44.0%
Q1 2019+407.3%+250.6%+165.2%
Q4 2018-5.4%+0.7%+11.5%
Q3 2018-9.0%-10.7%-9.0%
Q2 2018-7.1%-3.5%-16.9%
Q1 2018-2.7%-9.5%-4.7%
Q4 2017+1.8%+7.6%+12.0%
Q3 2017-24.4%-24.2%-8.8%
Q2 2017-10.8%-12.5%-11.1%
Q1 2017+0.6%+3.0%+1.5%
Q4 2016-7.4%-7.7%-14.1%
Q3 2016-18.7%-13.1%-18.7%
Q2 2016+0.9%-6.2%-5.4%
Q1 2016-13.2%
Q4 2015-20.0%
Q3 2015+8.0%
Q2 2015+17.5%
Q1 2015-5.0%
Q4 2014-11.2%
Q3 2014-4.7%
Q2 2014-13.1%
Q1 2014-9.2%
Q4 2013-23.6%
Q3 2013+28.2%
Q2 2013+1.6%
Q1 2013-2.2%
Q4 2012-5.5%
Q3 2012+0.0%
Q2 2012-3.1%
Q4 2011-18.9%
Q1 2012-18.8%
Q3 2011+0.0%
Q2 2011+1.5%
Q4 2010+13.7%
Q1 2011+3.5%
Q3 2010+0.9%
Q2 2010-9.2%
Q1 2010+2.3%

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