Bel Fuse Q2 FY26 net sales rise 25.1% to 210.7 million; GAAP net earnings attributable to shareholders fall 5.1% to 25.5 million - BELFB News | Rallies
Bel Fuse Q2 FY26 net sales rise 25.1% to 210.7 million; GAAP net earnings attributable to shareholders fall 5.1% to 25.5 million B BELFB • 2026-07-29 Quarterly results
Bel Fuse posted Q2 GAAP net earnings attributable to shareholders of USD 25.48 million, down 5.14% from Q2 2025.
Net sales rose 25.1% to USD 210.69 million; gross margin widened 1.2 percentage points to 39.9%.
Adjusted EBITDA climbed 39% to USD 48.87 million, lifting margin to 23.2% from 20.9%.
Balance sheet and outlook
Raised USD 441.64 million net from an equity offering; repaid USD 197.5 million of debt, leaving no long-term debt at June 30.
CEO Farouq Tuweiq cited defense and data solutions demand; forecast Q3 net sales of USD 205 million-USD 225 million, gross margin 39%-41%.
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2026-07-29