BELFB · Bel Fuse Inc /Nj - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $178.49M | - | $178.98M | $168.30M | $152.24M | - | $123.64M | $133.21M | $128.09M | - |
| Cost of Revenue | $108.89M | - | $107.84M | $103.22M | $93.42M | - | $78.96M | $79.81M | $80.01M | - |
| Gross Profit | $69.60M | - | $71.14M | $65.08M | $58.82M | - | $44.68M | $53.40M | $48.08M | - |
| R&D | $8.51M | - | $7.55M | $8.10M | $7.22M | - | $5.44M | $5.99M | $5.21M | - |
| SG&A | $36.73M | - | $32.80M | $30.91M | $29.51M | - | $26.70M | $24.14M | $24.94M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $6.62M | - | $6.65M | $6.60M | $6.68M | - | $2.50M | $2.30M | $3.68M | - |
| Operating Income | $23.67M | - | $30.34M | $29.86M | $25.02M | - | $11.45M | $22.62M | $17.85M | - |
| Interest Expense | $2.53M | - | $3.63M | $3.99M | $4.15M | - | $414.0K | $415.0K | $434.0K | - |
| Income Tax | $2.81M | - | $5.45M | $6.91M | $5.46M | - | $3.11M | $4.08M | $4.48M | - |
| Net Income | $11.38M | - | $8.08M | $26.86M | $17.87M | - | $8.08M | $18.81M | $15.87M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $59.45M | $57.80M | $57.74M | $59.28M | $65.93M | $68.25M | $134.27M | $84.98M | $71.32M | $89.37M |
| Accounts Receivable | $120.04M | $121.49M | $126.01M | $121.24M | $103.64M | $111.38M | $76.00M | $81.15M | $83.46M | $84.13M |
| Inventory | $181.23M | $167.27M | $166.11M | $164.65M | $164.81M | $161.37M | $124.89M | $127.93M | $130.46M | $136.54M |
| Accounts Payable | $63.97M | $52.99M | $54.22M | $53.69M | $46.11M | $49.18M | $37.14M | $36.41M | $32.82M | $40.44M |
| Current Assets | $397.15M | $384.76M | $387.69M | $378.62M | $368.43M | $373.53M | $387.65M | $376.02M | $364.34M | $381.48M |
| Total Assets | $951.92M | $935.20M | $952.80M | $950.58M | $940.46M | $949.79M | $584.42M | $567.60M | $555.34M | $571.63M |
| Current Liabilities | $124.75M | $127.44M | $126.76M | $124.08M | $111.23M | $128.07M | $96.89M | $89.75M | $86.50M | $110.61M |
| Long-term Debt | $204.50M | $197.50M | $225.00M | $250.00M | $280.00M | $287.50M | $60.00M | $60.00M | $60.00M | $60.00M |
| Total Liabilities | $416.21M | $416.53M | $443.77M | $464.87M | $482.52M | $508.63M | $217.06M | $211.19M | $208.68M | $231.07M |
| Stockholders' Equity | $438.94M | $425.51M | $427.76M | $404.74M | $376.90M | $360.58M | $367.36M | $356.42M | $346.66M | $340.56M |
| Retained Earnings | $413.62M | $403.10M | $409.42M | $388.04M | $362.04M | $345.03M | $347.70M | $340.46M | $322.51M | $307.51M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.83M | - | - | - | $8.15M | - | - | - | $6.15M | - |
| Investing Cash Flow | ($17.87M) | - | - | - | ($3.06M) | - | - | - | ($15.58M) | - |
| Financing Cash Flow | $6.16M | - | - | - | ($8.33M) | - | - | - | ($7.12M) | - |
| CapEx | $2.64M | - | - | - | $2.79M | - | - | - | $2.93M | - |
| Free Cash Flow | $11.19M | - | - | - | $5.36M | - | - | - | $3.22M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 39.0% | - | 39.7% | 38.7% | 38.6% | - | 36.1% | 40.1% | 37.5% | - |
| Operating margin | 13.3% | - | 16.9% | 17.7% | 16.4% | - | 9.3% | 17.0% | 13.9% | - |
| EBITDA margin | 17.0% | - | 20.7% | 21.7% | 20.8% | - | 11.3% | 18.7% | 16.8% | - |
| Net margin | 6.4% | - | 4.5% | 16.0% | 11.7% | - | 6.5% | 14.1% | 12.4% | - |
| Free cash flow margin | 6.3% | - | - | - | 3.5% | - | - | - | 2.5% | - |
| FCF / Net income | 0.98 | - | - | - | 0.30 | - | - | - | 0.20 | - |
| R&D / Revenue | 4.8% | - | 4.2% | 4.8% | 4.7% | - | 4.4% | 4.5% | 4.1% | - |
| SG&A / Revenue | 20.6% | - | 18.3% | 18.4% | 19.4% | - | 21.6% | 18.1% | 19.5% | - |
| Effective tax rate | 19.8% | - | 40.3% | 20.5% | 23.4% | - | 27.8% | 17.8% | 22.0% | - |
| Return on assets | 1.2% | - | 0.8% | 2.8% | 1.9% | - | 1.4% | 3.3% | 2.9% | - |
| Return on equity | 2.6% | - | 1.9% | 6.6% | 4.7% | - | 2.2% | 5.3% | 4.6% | - |
| Return on invested capital | 3.0% | - | 2.8% | 3.6% | 2.9% | - | 1.9% | 4.5% | 3.4% | - |
| Liquidity | ||||||||||
| Current ratio | 3.18 | 3.02 | 3.06 | 3.05 | 3.31 | 2.92 | 4.00 | 4.19 | 4.21 | 3.45 |
| Quick ratio | 1.73 | 1.71 | 1.75 | 1.72 | 1.83 | 1.66 | 2.71 | 2.76 | 2.70 | 2.21 |
| Cash ratio | 0.48 | 0.45 | 0.46 | 0.48 | 0.59 | 0.53 | 1.39 | 0.95 | 0.82 | 0.81 |
| Leverage | ||||||||||
| Debt / Equity | 0.47 | 0.46 | 0.53 | 0.62 | 0.74 | 0.80 | 0.16 | 0.17 | 0.17 | 0.18 |
| Debt / Assets | 0.21 | 0.21 | 0.24 | 0.26 | 0.30 | 0.30 | 0.10 | 0.11 | 0.11 | 0.10 |
| Debt / EBITDA | 6.75 | - | 6.08 | 6.86 | 8.83 | - | 4.30 | 2.41 | 2.79 | - |
| Interest coverage | 9.4x | - | 8.4x | 7.5x | 6.0x | - | 27.6x | 54.5x | 41.1x | - |
| Equity multiplier | 2.17 | 2.20 | 2.23 | 2.35 | 2.50 | 2.63 | 1.59 | 1.59 | 1.60 | 1.68 |
| Liabilities / Assets | 0.44 | 0.45 | 0.47 | 0.49 | 0.51 | 0.54 | 0.37 | 0.37 | 0.38 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.19 | 0.18 | 0.16 | - | 0.21 | 0.23 | 0.23 | - |
| Inventory turnover | 0.60 | - | 0.65 | 0.63 | 0.57 | - | 0.63 | 0.62 | 0.61 | - |
| Days sales outstanding | 245d | - | 257d | 263d | 248d | - | 224d | 222d | 238d | - |
| Days inventory outstanding | 607d | - | 562d | 582d | 644d | - | 577d | 585d | 595d | - |
| Days payable outstanding | 214d | - | 184d | 190d | 180d | - | 172d | 167d | 150d | - |
| Cash conversion cycle | 639d | - | 636d | 655d | 712d | - | 630d | 641d | 683d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.2% | - | 44.8% | 26.3% | 18.9% | - | -22.1% | -21.1% | -25.7% | - |
| Revenue CAGR (3y) | 1.2% | - | 0.2% | -0.4% | 3.6% | - | -5.6% | -1.3% | 5.0% | - |
| Revenue CAGR (5y) | 10.0% | - | 7.5% | 6.8% | 7.9% | - | -0.1% | 0.9% | 0.4% | - |
| Gross profit growth (YoY) | 18.3% | - | 59.2% | 21.9% | 22.3% | - | -19.5% | -3.9% | -10.4% | - |
| Operating income growth (YoY) | -5.4% | - | 165.0% | 32.0% | 40.2% | - | -53.3% | -17.3% | -9.1% | - |
| Net income growth (YoY) | -36.3% | - | 0.0% | 42.8% | 12.6% | - | -58.5% | -32.3% | 8.9% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 108.8% | - | - | - | 66.3% | - | - | - | -75.4% | - |
| FCF CAGR (5y) | 81.8% | - | - | - | -3.0% | - | - | - | - | - |
| Book value growth (YoY) | 16.5% | 18.0% | 16.4% | 13.6% | 8.7% | 5.9% | 14.3% | 17.1% | 24.7% | 29.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$675.46M totalPower Solutions And Protection Segment$356.81M · 52.8%
Connectivity Solutions$232.29M · 34.4%
Magnetic Solutions Segment$86.36M · 12.8%
Product / service
$447.37M totalPower Solutions And Protection$226.66M · 50.7%
Connectivity Solutions$184.84M · 41.3%
Magnetic Solutions$35.87M · 8.0%
Geographic
$1.35B totalNorth America$447.37M · 33.1%
US$447.37M · 33.1%
Asia$123.50M · 9.1%
EMEA$104.59M · 7.7%
IL$62.35M · 4.6%
CN$52.32M · 3.9%
GB$37.07M · 2.7%
SK$32.17M · 2.4%
CH$15.75M · 1.2%
DE$14.72M · 1.1%
IN$8.85M · 0.7%
All Other Foreign Countries$4.86M · 0.4%
Dividends
$0.28/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 15, 2026 | $0.0700 |
| Jan 15, 2026 | $0.0700 |
| Oct 15, 2025 | $0.0700 |
| Jul 15, 2025 | $0.0700 |
| Apr 15, 2025 | $0.0700 |
| Jan 15, 2025 | $0.0700 |
| Oct 15, 2024 | $0.0700 |
| Jul 15, 2024 | $0.0700 |
| Apr 12, 2024 | $0.0700 |
| Jan 11, 2024 | $0.0700 |
| Oct 12, 2023 | $0.0700 |
| Jul 13, 2023 | $0.0700 |
| Apr 13, 2023 | $0.0700 |
| Jan 12, 2023 | $0.0700 |
| Oct 13, 2022 | $0.0700 |
| Jul 14, 2022 | $0.0700 |
| Apr 13, 2022 | $0.0700 |
| Jan 13, 2022 | $0.0700 |
| Oct 14, 2021 | $0.0700 |
| Jul 14, 2021 | $0.0700 |
| Apr 14, 2021 | $0.0700 |
| Jan 14, 2021 | $0.0700 |
| Oct 14, 2020 | $0.0700 |
| Jul 14, 2020 | $0.0700 |