Bel Fuse Inc.

135.98-3.02 (-2.17%)

Oct 29, 4:00:00 PM EDT · NasdaqGS · BELFA · USD

Upcoming Earnings

Report date

EPS

1.13 (1.13 ~ 1.13)

Revenue

162.68M (161.40M ~ 164.00M)

Key Stats

Market Cap

1.88B

P/E (TTM)

34.69

Basic EPS (TTM)

3.92

Dividend Yield

Recent Filings

8-K

10/29/25Oct 29, 2025

10-Q

Q2 FY2025 results

7/31/25Jul 31, 2025

Bel Fuse's Q2 revenue climbed 26% y/y to $168.3M, fueled by 48% growth in Power Solutions and Protection from the November 2024 Enercon acquisition, while Connectivity edged up 2% and Magnetics surged 33% on networking demand; gross margins dipped to 38.7% from 40.1% amid product mix shifts and higher material costs, yet operating income rose 32% y/y to $29.9M. Diluted EPS for Class A shares hit $2.03, up from $1.43, reconciling neatly with 12.7M weighted shares and $26.9M net earnings to Bel shareholders. Cash from operations generated $28.9M YTD, funding $37.5M debt paydown to $250M (5.2% effective rate) and $6.7M capex, leaving $59.3M cash and $150M revolver availability. Enercon closed for $324.1M cash plus up to $10M earnout, adding $183.2M goodwill and $189.7M intangibles. Tariffs on 25% of sales pose supply chain risks.

8-K

Bel Q2 sales jump 26%

7/24/25Jul 24, 2025

Bel Fuse Inc. reported Q2 2025 net sales of $168.3 million, up 26.3% from $133.2 million in Q2 2024, driven by strength in defense, commercial aerospace, and rebounding networking sales after inventory destocking. Gross margins dipped to 38.7% from 40.1%, yet GAAP net earnings rose to $26.9 million, boosted by a $4.1 million gain on the Glen Rock, PA building sale. Sales surged 48.2% in Power Solutions and Protection. Q3 guidance projects $165-$180 million in sales and 37%-39% margins amid tariff uncertainties.

8-K

Director Dooley resigns

7/3/25Jul 3, 2025

Bel Fuse Inc. announced the resignation of board director Thomas Dooley, effective June 30, 2025, with no disagreements on operations or policies. Dooley shaped the company's acquisition strategy and fueled long-term growth through his insights. The board thanks him for his dedicated service. His departure leaves a gap in strategic guidance.

8-K

Bel Fuse leadership transitions effective

5/28/25May 28, 2025

Bel Fuse Inc. activated its planned executive shakeup on May 27, 2025, right after the annual shareholder meeting. Farouq Tuweiq stepped up from CFO to President and CEO, Daniel Bernstein shifted to non-executive Chairman, and Lynn Hutkin took over as CFO. Shareholders elected Tuweiq and Bernstein to three-year board terms amid strong support. This smooth transition bolsters internal leadership continuity.

About

Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. It operates in three product groups: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries. It provides power solutions and protection products, including front-end power supplies, board-mount power products, industrial and transportation power products, external power products, and circuit protection products. The company offers connectivity solutions, such as expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity products. In addition, it provides magnetic solutions comprising integrated connector modules, power transformers, SMD power inductors and SMPS transformers, and ethernet discrete components. The company sells its products through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors North America, Europe, and Asia. Bel Fuse Inc. was incorporated in 1949 and is headquartered in West Orange, New Jersey.

CEO

Mr. Farouq Tuweiq

IPO

12/6/1983

Website

https://www.belfuse.com

Employees

5,370

Sector

Technology

Industry

Electronic Components