Belden reported record second-quarter 2026 results, with revenues of $750.2 million, up 12% year‑over‑year and 8% organically, and adjusted diluted EPS of $2.34, up 24% year‑over‑year. GAAP diluted EPS was $1.74 and net income for the quarter was $68.5 million. The company also reported record orders of $836 million and completed the acquisition of RUCKUS Networks on July 1, 2026.

Financial Highlights

  • Revenues: $750,157 thousand for Q2 2026 (up 12% y/y; 8% organic growth).
  • Gross profit: $293,624 thousand for Q2 2026; GAAP gross profit margin 39.1%.
  • Operating income: $99,260 thousand for Q2 2026.
  • Net income: $68,536 thousand for Q2 2026; GAAP diluted EPS $1.74.
  • Adjusted diluted EPS: $2.34 for Q2 2026 (adjusted net income $91,731 thousand); Adjusted EBITDA $145,911 thousand (19.5% margin).

Business Highlights

  • Orders and backlog momentum: Record orders of $836 million in Q2 2026, with a book-to-bill ratio of 1.11.
  • Strategic acquisition: Completed acquisition of RUCKUS Networks on July 1, 2026, expanding Belden’s portfolio to include Wi‑Fi 7 and cloud-managed networking capabilities.
  • Market traction: Noted growing demand from data center and physical AI customers; AI data center presence is building and beginning to contribute to orders.
  • Operational investments: Continued investment in solutions across the network stack—passive infrastructure to intelligent cloud management—with focus on integration and capturing emerging opportunities.

Original SEC Filing:

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