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Side-by-side financial comparison of BENCHMARK ELECTRONICS INC (BHE) and ELTEK LTD (ELTK). Click either name above to swap in a different company.

BENCHMARK ELECTRONICS INC is the larger business by last-quarter revenue ($725.8M vs $12.5M, roughly 57.9× ELTEK LTD). On growth, ELTEK LTD posted the faster year-over-year revenue change (19.7% vs 6.2%).

Benchmark Electronics Inc is an EMS, ODM, and OEM company based in Tempe, Arizona in the Phoenix metropolitan area. It provides contract manufacturing services.

Eltek is a brand of electric power conversion products for telecommunications and industrial applications, marketed as part of Delta Electronics. The products are developed and sold by Delta Electronics (Norway) AS, which is based in Drammen, Norway. As of 2018, Eltek had approximately 2000 employees, with offices in 40 countries.

BHE vs ELTK — Head-to-Head

Bigger by revenue
BHE
BHE
57.9× larger
BHE
$725.8M
$12.5M
ELTK
Growing faster (revenue YoY)
ELTK
ELTK
+13.5% gap
ELTK
19.7%
6.2%
BHE

Income Statement — Q4 2025 vs Q2 2025

Metric
BHE
BHE
ELTK
ELTK
Revenue
$725.8M
$12.5M
Net Profit
$365.0K
Gross Margin
10.2%
24.1%
Operating Margin
2.8%
11.6%
Net Margin
2.9%
Revenue YoY
6.2%
19.7%
Net Profit YoY
-51.4%
EPS (diluted)
$0.16
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHE
BHE
ELTK
ELTK
Q4 25
$725.8M
Q3 25
$702.6M
Q2 25
$665.7M
$12.5M
Q1 25
$654.6M
Q4 24
$683.6M
Q3 24
$680.0M
Q2 24
$686.7M
$10.5M
Q1 24
$710.6M
Net Profit
BHE
BHE
ELTK
ELTK
Q4 25
Q3 25
$14.3M
Q2 25
$972.0K
$365.0K
Q1 25
$3.6M
Q4 24
Q3 24
$15.4M
Q2 24
$15.5M
$751.0K
Q1 24
$14.0M
Gross Margin
BHE
BHE
ELTK
ELTK
Q4 25
10.2%
Q3 25
9.7%
Q2 25
9.7%
24.1%
Q1 25
9.7%
Q4 24
9.9%
Q3 24
9.8%
Q2 24
9.9%
15.6%
Q1 24
9.5%
Operating Margin
BHE
BHE
ELTK
ELTK
Q4 25
2.8%
Q3 25
3.4%
Q2 25
3.1%
11.6%
Q1 25
1.8%
Q4 24
4.2%
Q3 24
4.1%
Q2 24
4.0%
3.9%
Q1 24
3.6%
Net Margin
BHE
BHE
ELTK
ELTK
Q4 25
Q3 25
2.0%
Q2 25
0.1%
2.9%
Q1 25
0.6%
Q4 24
Q3 24
2.3%
Q2 24
2.3%
7.2%
Q1 24
2.0%
EPS (diluted)
BHE
BHE
ELTK
ELTK
Q4 25
$0.16
Q3 25
$0.39
Q2 25
$0.03
$0.05
Q1 25
$0.10
Q4 24
$0.43
Q3 24
$0.42
Q2 24
$0.43
$0.11
Q1 24
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHE
BHE
ELTK
ELTK
Cash + ST InvestmentsLiquidity on hand
$322.1M
$1.8M
Total DebtLower is stronger
$206.8M
Stockholders' EquityBook value
$1.1B
$44.6M
Total Assets
$2.1B
$64.4M
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHE
BHE
ELTK
ELTK
Q4 25
$322.1M
Q3 25
$285.4M
Q2 25
$264.6M
$1.8M
Q1 25
$355.3M
Q4 24
$315.2M
Q3 24
$324.4M
Q2 24
$309.3M
$8.9M
Q1 24
$296.1M
Total Debt
BHE
BHE
ELTK
ELTK
Q4 25
$206.8M
Q3 25
$212.6M
Q2 25
$203.4M
Q1 25
$268.9M
Q4 24
$250.5M
Q3 24
$272.0M
Q2 24
$283.6M
Q1 24
$310.1M
Stockholders' Equity
BHE
BHE
ELTK
ELTK
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
$44.6M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
$38.0M
Q1 24
$1.1B
Total Assets
BHE
BHE
ELTK
ELTK
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.0B
$64.4M
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.2B
$54.9M
Q1 24
$2.2B
Debt / Equity
BHE
BHE
ELTK
ELTK
Q4 25
0.19×
Q3 25
0.19×
Q2 25
0.18×
Q1 25
0.24×
Q4 24
0.23×
Q3 24
0.25×
Q2 24
0.26×
Q1 24
0.29×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHE
BHE
ELTK
ELTK
Operating Cash FlowLast quarter
$58.7M
Free Cash FlowOCF − Capex
$48.2M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$88.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHE
BHE
ELTK
ELTK
Q4 25
$58.7M
Q3 25
$36.6M
Q2 25
$-2.8M
Q1 25
$31.5M
Q4 24
$45.9M
Q3 24
$39.0M
Q2 24
$55.8M
Q1 24
$48.5M
Free Cash Flow
BHE
BHE
ELTK
ELTK
Q4 25
$48.2M
Q3 25
$25.8M
Q2 25
$-13.8M
Q1 25
$28.1M
Q4 24
$37.2M
Q3 24
$29.2M
Q2 24
$48.2M
Q1 24
$43.3M
FCF Margin
BHE
BHE
ELTK
ELTK
Q4 25
6.6%
Q3 25
3.7%
Q2 25
-2.1%
Q1 25
4.3%
Q4 24
5.4%
Q3 24
4.3%
Q2 24
7.0%
Q1 24
6.1%
Capex Intensity
BHE
BHE
ELTK
ELTK
Q4 25
1.4%
Q3 25
1.5%
Q2 25
1.7%
Q1 25
0.5%
Q4 24
1.3%
Q3 24
1.4%
Q2 24
1.1%
Q1 24
0.7%
Cash Conversion
BHE
BHE
ELTK
ELTK
Q4 25
Q3 25
2.57×
Q2 25
-2.90×
Q1 25
8.65×
Q4 24
Q3 24
2.54×
Q2 24
3.59×
Q1 24
3.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BHE
BHE

Other$384.9M53%
Aerospace And Defense Sector$107.6M15%
Healthcare Sector$81.7M11%
Advanced Computing And Communications Sector$70.0M10%
Semi Cap Sector$45.4M6%
Industrial Sector$25.2M3%
Intersegment Sales$11.0M2%

ELTK
ELTK

Segment breakdown not available.

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