Eltek (NASDAQ: ELTK) lands $5.3M order but warns on Q1 2026

Rhea-AI Filing Summary

Eltek Ltd. reported new purchase orders totaling approximately $5.3 million from an international customer. Deliveries are scheduled to begin in the second quarter of 2026, with final shipments expected by September 2027.

The company also indicated that operating results for the first quarter of 2026 will be adversely affected by a less favorable fulfillment mix in its order backlog and unexpected logistics issues, even though its backlog has approximately doubled compared to year-end 2025. Eltek expects deliveries to gradually normalize over time.

Insights

Equity research analyst

New $5.3M orders support growth, but Q1 2026 results face near-term pressure.

Eltek secured purchase orders of about $5.3 million from an international customer, with deliveries spread from the second quarter of 2026 through September 2027. This adds visibility to medium-term revenue and aligns with its goal of expanding in international, high value-added PCB markets.

Management cautions that first-quarter 2026 operating results will be adversely affected by a less favorable fulfillment of its backlog and unexpected logistics issues. However, the backlog has approximately doubled versus year-end 2025, and the company expects a gradual normalization of deliveries over time, suggesting the challenges are operational rather than demand-related.

Key Figures

New purchase orders: $5.3 million Delivery start: Q2 2026 Final shipment timing: September 2027 +2 more

5 metrics

New purchase orders $5.3 million Total orders from an international customer

Delivery start Q2 2026 Scheduled beginning of shipments for new orders

Final shipment timing September 2027 Expected final delivery date for new orders

Backlog change Approximately doubled Backlog versus year-end 2025

Q1 2026 operating results impact Adversely affected Due to backlog fulfillment mix and logistics issues

Key Terms

backlog, forward-looking statements, ITAR compliant, AS-9100, +1 more

5 terms

backlog financial

"the Company’s backlog has approximately doubled compared to year-end 2025"

A backlog is the amount of work or orders that a company has received but hasn't completed yet. It’s like a restaurant with many dishes to serve; the backlog shows how many orders are still waiting to be finished. It matters because a large backlog can indicate strong demand or potential delays in delivering products or services.

forward-looking statements regulatory

"Some of the statements included in this press release may be forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

ITAR compliant technical

"Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications"

AS-9100 technical

"Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications"

NADCAP Electronics technical

"Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications"

Form 6-K: How Foreign Companies Report to the SEC →

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

F O R M 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission file number 000-28884

Eltek Ltd.

(Name of Registrant)

Sgoola Industrial Zone, Petach-Tikva, Israel

 (Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒          Form 40-F ☐

This Form 6-K is being incorporated by reference into our Registration Statements on Form S-8 (Registration No. 333-233958).

Eltek Ltd.

EXPLANATORY NOTE

 

On April 1, 2026, Eltek issued a press release reporting $5.3 million order and providing update on first quarter 2026 outlook. A copy of this press release is furnished herewith as Exhibit 99.1:

EXHIBIT INDEX

Exhibit		Description
99.1.		Press Release:  Eltek Reports $5.3 Million Order and Provides Update on First Quarter 2026 Outlook.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ELTEK LTD.

(Registrant)

By: /s/Ron Freund

Ron Freund

Chief Financial Officer

Date: April 1, 2026

Exhibit 99.1

Press Release

Eltek Reports $5.3 Million Order and Provides Update on First Quarter 2026 Outlook

Petach Tikva, Israel, April 1, 2026 - Eltek Ltd. (NASDAQ: ELTK), a leading global manufacturer of high-quality printed circuit boards, today announced that it has received purchase orders totaling approximately $5.3 million from an international customer. The orders are scheduled for delivery beginning in the second quarter of 2026, with the final shipment expected in September 2027.

“We are pleased with this award, which supports our strategic objective of expanding our presence in international markets with high value-added products. It also reflects a growing focus in the market on securing medium-term supply,” said Eli Yaffe, Chief Executive Officer of Eltek.

Separately, the Company expects that its operating results for the first quarter of 2026 will be adversely affected due to a combination of a less favorable fulfillment of its order backlog and unexpected logistic issues, while the Company’s backlog has approximately doubled compared to year-end 2025. The Company is actively addressing these factors and expects a gradual normalization of deliveries over time.

About Eltek

Eltek – ”Innovation Across the Board”, is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs) and is an Israeli leading company in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high-quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia.

Eltek was founded in 1970. The Company’s headquarters, R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America.

For more information, visit Eltek's web site at www.nisteceltek.com

Forward Looking Statement

Some of the statements included in this press release may be forward-looking statements that involve a number of risks and uncertainties including, but not limited to expected results in future quarters, the impact of currency movements between the US Dollar exchange rate against the Israeli Shekel, the impact of the Coronavirus on the economy and our operations, risks in product and technology development and rapid technological change, product demand, the impact of competitive products and pricing, market acceptance, the sales cycle, changing economic conditions and other risk factors detailed in the Company’s Annual Report on Form 20-F and other filings with the United States Securities and Exchange Commission. Any forward-looking statements set forth in this press release speak only as of the date of this press release. The information found on our website is not incorporated by reference into this press release and is included for reference purposes only.

Investor Contact

Ron Freund
Chief Financial Officer
Investor-Contact@nisteceltek.com

+972-3-939-5023

FAQ

What new business did Eltek (ELTK) announce in its April 2026 update?

Eltek announced new purchase orders totaling approximately $5.3 million from an international customer. Deliveries are scheduled to start in the second quarter of 2026 and continue until September 2027, supporting medium-term revenue visibility and its strategy in high value-added PCB markets.

How will Eltek’s first quarter 2026 results be affected according to the 6-K?

Eltek expects its first quarter 2026 operating results to be adversely affected. Management cites a less favorable fulfillment of its order backlog and unexpected logistics issues, indicating short-term margin and profitability pressure despite strong underlying demand.

What did Eltek say about its backlog compared to year-end 2025?

Eltek stated that its backlog has approximately doubled compared to year-end 2025. This suggests significantly stronger demand versus the prior year-end level, even though operational and logistics challenges are temporarily affecting how quickly that backlog converts into reported revenue.

Over what period will Eltek deliver the new $5.3 million PCB orders?

The new approximately $5.3 million in purchase orders are scheduled for delivery starting in the second quarter of 2026. Final shipments are expected by September 2027, creating a revenue stream that extends over more than a year from award to completion.

How does the new order fit Eltek’s strategic objectives?

Eltek’s CEO said the award supports its strategy of expanding in international markets with high value-added products. The order also reflects customers’ increased focus on securing medium-term supply, which aligns with Eltek’s positioning in complex, high-end printed circuit board solutions.

What operational outlook did Eltek provide on deliveries and logistics issues?

Eltek noted unexpected logistic issues and a less favorable backlog fulfillment mix are weighing on first quarter 2026 results. The company is actively addressing these factors and expects deliveries to gradually normalize over time as operational improvements take effect.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 6.5 KB