Eltek posted Q2 2026 revenue of USD 11.5 million, turning to a GAAP net loss of USD 2.7 million, or USD 0.41 per share.
GAAP operating results swung to a USD 2.5 million loss; gross profit swung to a USD 1 million loss.
Non-GAAP EBITDA swung to a USD 1.9 million loss.
Cash from operations was USD 674,000; cash and cash equivalents ended the quarter at USD 9.39 million.
Management cited a manufacturing stabilization and new-line integration transition, with ERP implementation advanced and PCB plating line qualification expected in Q3.