Earnings ·
Bel Fuse Inc. reported preliminary financial results for the second quarter and first half of 2026
BELFBBel Fuse Inc
Bel Fuse Inc. reported preliminary financial results for the second quarter and first half of 2026. Second-quarter net sales rose 25.1% to $210.7 million, with gross margin expanding to 39.9%. GAAP net earnings attributable to shareholders were $25.5 million, while non-GAAP net earnings reached $39.1 million. The company raised $441.6 million in net proceeds from an equity offering and used the funds to pay down $197.5 million of debt. Management provided third-quarter 2026 sales guidance of $205 million to $225 million and gross margin guidance of 39% to 41%. Bel Fuse Inc. designs, manufactures, and markets critical electronic components, systems, and solutions for customers in aerospace, defense, industrial, and data-driven markets.