Recent Updates — BELFB
Bel Fuse Inc. reported preliminary third-quarter 2026 results with net sales rising 23.2% to $220.5 million from $179.0 million in the prior-year period. GAAP net earnings attributable to shareholders increased to $26.3 million, or $1.74 per Class A share, compared to $22.3 million in Q3 2025. Non-GAAP net earnings reached $44.0 million, and adjusted EBITDA grew to $52.5 million. The company guided for fourth-quarter sales of $220 million to $240 million with gross margins between 40.0% and 42.0%. Bel Fuse designs, manufactures, and markets critical electronic components, systems, and solutions for aerospace, defense, industrial, and data-driven markets.
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.