BELFA
Bel Fuse Inc.152.56
-0.59-0.39%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.14BP/E (TTM)
30.88Basic EPS (TTM)
4.94Dividend Yield
0%Recent Filings
8-K
8-K
8-K
10-Q
Q2 FY2025 results
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%
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.
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