analyzeportfolio
Nasdaq · Technology

Bel Fuse Inc. (BELFA)

As-reported financials and SEC filings for Bel Fuse Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

Snapshot

Revenue
$675.5M
Revenue growth (YoY)
26.3%
Net income
$61.5M
Diluted EPS
—
Gross margin
39.1%
Operating margin
16.4%
Net margin
9.1%
FCF margin
10.2%
ROE
—
net income / fiscal-year-end equity
P/E
46.0×
trailing when available, otherwise FY EPS
Market cap
$2.71B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Bel Fuse

  • Revenue grew 26.3% to $675M in FY2025, after a 16.4% decline the year before.
  • Operating margin is 16.4% in FY2025, +10.7 pp against 5.8% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $211M, up 25.2% from Q2 FY2025.
  • Free cash flow was $69M in FY2025, 10.2% of revenue.
  • Net income rose 50.2% to $62M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Bel Fuse’s fundamentals sit among the 627 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin39.1%
38th percentile of 512
Operating margin16.4%
80th percentile of 564
Net margin9.1%
68th percentile of 577
FCF margin10.2%
51st percentile of 545
Revenue growth (YoY)+26.3%
79th percentile of 618
P/E46.0×
73rd percentile of 319
Short interest2.02d
26th percentile of 624

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 3 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+3 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$29.2M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$19.1M65.6KReduced
Hound PartnersQ2 2026$8.2M28.0KReduced
Point72 Asset ManagementquantQ2 2026$1.3M4.5KAdded
AQR Capital ManagementquantQ2 2026$650,9072.2KAdded

No longer held by: Millennium Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
165.4K
settled 2026-09-30
Change vs prior
-4.4%
vs previous settlement
Days to cover
2.02
at avg daily volume
Avg daily volume
81.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30165.4K-4.4%2.02
2026-09-15173.0K-4.1%2.05
2026-08-31180.5K+15.4%1.58
2026-08-14156.4K+0.1%1.00
2026-07-31156.1K+5.4%1.00
2026-07-15148.1K+7.4%1.00
2026-06-30137.9K+38.1%1.00
2026-06-1599.9K+27.1%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$675.5M$534.8M$639.8M$654.2M$543.5M
Gross profit
Operating income$111.0M$64.3M$88.0M$65.1M$31.3M
Net income$61.5M$41.0M$73.8M$52.7M$24.8M
Diluted EPS—————

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$80.6M$74.1M$108.3M$40.3M$4.6M
Capital expenditure$12.0M$14.1M$12.1M$8.8M$9.4M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$210.7M25.2%$25.5M—
Q1 FY2026$178.5M17.2%$11.4M—
Q4 FY202517.4%——
Q3 FY2025$179.0M44.8%$22.6M—
Q2 FY2025$168.3M26.3%$26.9M—
Q1 FY2025$152.2M18.9%$17.9M—
Q4 FY20247.0%—
Q3 FY2024$123.6M-22.1%$8.1M—

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryElectronic Coils, Transformers & Other Inductors
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2001
SEC CIK729580

Selected SEC filings

10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-07-02
View on EDGAR →
8-K2026-05-28
View on EDGAR →
8-K2026-05-14
View on EDGAR →

Largest Technology peers

All Technology companies →

Monitor BELFA

Get an alert when Bel Fuse files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor BELFA free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.