BELF
Bel Fuse A Inc
NASDAQ: BELFA · TECHNOLOGY · ELECTRONIC COMPONENTS
$229.56
+1.24% today
Updated 2026-04-29
Market cap
$2.93B
P/E ratio
49.26
P/S ratio
4.34x
EPS (TTM)
$4.66
Dividend yield
0.11%
52W range
$62 – $255
Volume
0.1M
Bel Fuse A Inc (BELFA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $254.93M | $259.14M | $258.35M | $182.75M | $302.54M | $295.12M | $286.59M | $349.19M | $487.08M | $567.08M | $500.15M | $491.61M | $548.18M | $492.41M | $465.77M | $543.49M | $654.23M | $639.81M | $534.79M | $675.46M |
| Revenue growth (YoY) | — | +1.6% | -0.3% | -29.3% | +65.5% | -2.5% | -2.9% | +21.8% | +39.5% | +16.4% | -11.8% | -1.7% | +11.5% | -10.2% | -5.4% | +16.7% | +20.4% | -2.2% | -16.4% | +26.3% |
| Cost of revenue | $192.99M | $203.01M | $217.08M | $161.45M | $239.19M | $244.75M | $240.09M | $286.89M | $399.10M | $458.25M | $400.25M | $389.60M | $438.41M | $381.71M | $346.04M | $409.11M | $470.78M | $423.96M | $332.43M | $411.04M |
| Gross profit | $61.95M | $56.13M | $41.27M | $21.30M | $63.35M | $50.37M | $46.50M | $62.30M | $87.98M | $108.83M | $99.91M | $102.01M | $109.77M | $110.70M | $119.73M | $134.38M | $183.45M | $215.85M | $202.36M | $264.42M |
| Gross margin | 24.3% | 21.7% | 16.0% | 11.7% | 20.9% | 17.1% | 16.2% | 17.8% | 18.1% | 19.2% | 20.0% | 20.8% | 20.0% | 22.5% | 25.7% | 24.7% | 28.0% | 33.7% | 37.8% | 39.1% |
| R&D | — | — | — | — | — | — | $12.40M | $14.10M | $21.50M | $27.70M | $26.70M | $28.80M | $29.40M | $26.93M | $23.61M | $21.89M | $20.24M | $22.49M | $23.59M | $30.87M |
| SG&A | $37.80M | $36.12M | $36.09M | $30.05M | $40.44M | $39.28M | $39.34M | $45.87M | $72.05M | $78.11M | $71.00M | $85.07M | $79.94M | $76.06M | $78.70M | $86.61M | $92.34M | $99.09M | $110.62M | $125.83M |
| Operating income | $23.12M | $25.51M | $-10.75M | $-17.35M | $15.16M | $7.40M | $1.71M | $15.05M | $14.09M | $28.60M | $-76.51M | $16.34M | $29.61M | $7.83M | $18.67M | $31.26M | $65.15M | $87.98M | $64.30M | $107.72M |
| Operating margin | 9.1% | 9.8% | -4.2% | -9.5% | 5.0% | 2.5% | 0.6% | 4.3% | 2.9% | 5.0% | -15.3% | 3.3% | 5.4% | 1.6% | 4.0% | 5.8% | 10.0% | 13.8% | 12.0% | 15.9% |
| EBITDA | $40.15M | $33.43M | $-11.21M | $-2.92M | $24.42M | $16.54M | $10.13M | $29.52M | $42.96M | $53.88M | $-54.11M | $40.16M | $44.27M | $14.62M | $33.30M | $47.73M | $77.30M | $99.46M | $82.34M | $136.39M |
| EBITDA margin | 15.7% | 12.9% | -4.3% | -1.6% | 8.1% | 5.6% | 3.5% | 8.5% | 8.8% | 9.5% | -10.8% | 8.2% | 8.1% | 3.0% | 7.2% | 8.8% | 11.8% | 15.5% | 15.4% | 20.2% |
| EBIT | $31.12M | $25.51M | $-18.65M | $-9.70M | $15.58M | $7.87M | $1.05M | $17.13M | $23.21M | $30.88M | $-75.89M | $19.45M | $26.06M | $-1.85M | $16.88M | $30.87M | $62.44M | $86.15M | $65.89M | $109.80M |
| Interest expense | $70.70M | $123000.00 | $4000.00 | $0.00 | $0.00 | $0.00 | $16000.00 | $156000.00 | $3.98M | $7.59M | $6.66M | $6.80M | $5.32M | $5.45M | $4.75M | $3.54M | $3.38M | $2.85M | $4.08M | $14.75M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $25.20M | $26.34M | $-14.93M | $-8.31M | $13.65M | $3.76M | $2.40M | $15.91M | $9.10M | $19.20M | $-64.83M | $-11.90M | $20.71M | $-8.74M | $12.79M | $24.82M | $52.69M | $73.83M | $40.96M | $61.54M |
| Net income growth (YoY) | — | +4.5% | -156.7% | +44.3% | +264.2% | -72.4% | -36.2% | +562.3% | -42.8% | +111.1% | -437.7% | +81.7% | +274.1% | -142.2% | +246.3% | +94.0% | +112.3% | +40.1% | -44.5% | +50.2% |
| Profit margin | 9.9% | 10.2% | -5.8% | -4.5% | 4.5% | 1.3% | 0.8% | 4.6% | 1.9% | 3.4% | -13.0% | -2.4% | 3.8% | -1.8% | 2.7% | 4.6% | 8.1% | 11.5% | 7.7% | 9.1% |