Quarterly ResultJul 29, 2026, 04:22 PM
Bel Fuse Q2 Net Sales Up 25.1% to $210.7M; Non-GAAP EPS $2.90
AI Summary
Bel Fuse Inc. announced strong preliminary financial results for the second quarter of 2026, with net sales increasing 25.1% to $210.7 million and non-GAAP net earnings attributable to shareholders rising significantly to $39.1 million. The company also reported an improved gross profit margin of 39.9% and successfully completed an equity offering, raising $441.6 million to pay down debt and support future growth initiatives. Bel Fuse provided optimistic guidance for the third quarter of 2026, projecting sales between $205 million and $225 million.
Key Highlights
- Net sales for Q2 2026 increased 25.1% to $210.7 million from $168.3 million in Q2 2025.
- Non-GAAP net earnings attributable to shareholders rose to $39.1 million in Q2 2026, up from $21.0 million in Q2 2025.
- Gross profit margin improved to 39.9% in Q2 2026, compared to 38.7% in Q2 2025.
- Raised $441.6 million in net proceeds from an equity offering and paid down $197.5 million of debt.
- Aerospace, Defense & Rugged Solutions segment sales were $110.457 million in Q2 2026, up 20.3%.
- Industrial Technology & Data Solutions segment sales were $100.228 million in Q2 2026, up 31.1%.
- Forecasts Q3 2026 sales between $205 million and $225 million, with gross margin of 39% to 41%.
Price Impact
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