BEL FUSE reported second-quarter 2026 results with revenue rising to $210.7M while net income attributable to shareholders was $25.48M and diluted EPS was $1.79 versus the year-ago quarter.
Financial Highlights
- Revenue was $210.7M, compared with $168.3M in the prior-year quarter; YoY change 25.2%.
- Net income was $25.48M, compared with $26.86M in the prior-year quarter; YoY change (5.2%).
- Diluted EPS was $1.79, compared with $2.03 in the prior-year quarter; YoY change (11.8%).
Business Highlights
- Net sales rose about 21% year-to-date, led by demand in defense, rugged industrial and data solutions.
- Company reorganized reporting into Aerospace, Defense & Rugged and Industrial Technology & Data segments effective March 31, 2026.
- Acquisition of dataMate in March 2026 expanded Ethernet and data offerings and boosted Industrial Technology & Data sales.
- Gross margins improved due to a more favorable product mix, increased automation, use of third‑party manufacturing and higher factory utilization.
- Backlog grew 35% to $594.7M, although growth was tempered by component lead times, commodity costs and foreign-exchange impacts.
Original SEC Filing:
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