Quarterly ResultJul 29, 2026, 04:38 PM
Bel Fuse Q2 Net Sales $210.7M, +25.1%; Gross Margin 39.9%
AI Summary
Bel Fuse Inc. reported strong preliminary financial results for the second quarter of 2026, with net sales increasing 25.1% year-over-year to $210.7 million and gross profit margin improving to 39.9%. Non-GAAP net earnings attributable to shareholders rose significantly to $39.1 million from $21.0 million in Q2 2025. The company also raised $441.6 million in net proceeds from an equity offering, using $197.5 million to pay down debt. For Q3 2026, Bel Fuse provided guidance expecting sales between $205 million and $225 million and a gross margin of 39% to 41%.
Key Highlights
- Q2 2026 net sales increased 25.1% to $210.7 million from $168.3 million in Q2 2025.
- Gross profit margin for Q2 2026 was 39.9%, up from 38.7% in Q2 2025.
- Non-GAAP net earnings attributable to Bel shareholders were $39.1 million in Q2 2026, up from $21.0 million in Q2 2025.
- Adjusted EBITDA reached $48.9 million (23.2% of sales) in Q2 2026, compared to $35.2 million (20.9% of sales) in Q2 2025.
- Raised $441.6 million in net proceeds from an equity offering and paid down $197.5 million of debt.
- Q3 2026 sales guidance is $205 million to $225 million, with gross margin of 39% to 41%.
- Aerospace, Defense & Rugged Solutions sales grew 20.3% to $110.5 million in Q2 2026.
- Industrial Technology & Data Solutions sales grew 31.1% to $100.2 million in Q2 2026.
Price Impact
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