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Eltek Ltd. Reports Strong Q2 2025 Performance

Eltek Ltd. Reports Strong Q2 2025 Performance

Eltek ( (ELTK) ) has released its Q2 earnings. Here is a breakdown of the information Eltek presented to its investors.

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Eltek Ltd., a leading Israeli company in the printed circuit boards (PCBs) industry, specializes in manufacturing complex and high-quality PCBs for sectors such as defense, aerospace, and medical.

In its latest earnings report, Eltek Ltd. announced a robust performance for the second quarter of 2025, with a notable 20% increase in revenue compared to the same period last year. The company also reported a significant expansion in gross margin to 24%, driven by strong momentum in its defense and medical segments.

Key financial highlights include a substantial rise in operating income to $1.5 million, marking a 259% increase from the previous year. However, the company faced financial expenses of $1.0 million due to the appreciation of the Israeli shekel against the U.S. dollar. Despite this, Eltek’s EBITDA for the quarter improved to $2.0 million, reflecting operational efficiency.

Looking ahead, Eltek remains focused on expanding its production capacity, with ongoing investments in new coating lines and an increase in staffing to meet growing demand. The company is also adjusting its pricing model to mitigate currency fluctuation impacts, aiming to protect its margins in future quarters.

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