Bel Fuse Financial Statements
NASDAQ: BELFATechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Bel Fuse revenue and earnings
In fiscal 2025, Bel Fuse generated $675.5 million in revenue, up 26.3% from fiscal 2024. Net income was $61.5 million (+50.2% year over year), for a net margin of 9.1% versus a median of 7.7% in the prior 5 years. Gross margin was 39.1% (up from 37.8%) and operating margin 16.4%.
Over the last 5 fiscal years, BELFA's revenue has grown at a 7.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Bel Fuse income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 675.46M | 534.79M | 639.81M | 654.23M | 543.49M | 465.77M | 492.41M | 548.18M | 491.61M | 500.15M |
| Revenue growth (YoY) | +26.30% | -16.41% | -2.20% | +20.38% | +16.69% | -5.41% | -10.17% | +11.51% | -1.71% | -11.80% |
| Cost of Revenue | 411.04M | 332.43M | 423.96M | 470.78M | 409.11M | 346.04M | 382.44M | 408.93M | 389.26M | 400.25M |
| Gross Profit | 264.42M | 202.36M | 215.85M | 183.45M | 134.38M | 119.73M | 109.97M | 139.26M | 102.35M | 99.91M |
| Operating Expenses | 153.42M | 138.06M | 127.87M | 118.31M | 103.13M | 101.06M | 111.57M | 112.31M | 84.96M | 176.42M |
| Research & Development | 30.87M | 23.59M | 22.49M | 20.24M | 21.89M | 23.61M | 26.93M | 29.49M | 28.80M | 26.70M |
| Selling, General & Admin | 125.83M | 110.62M | 99.09M | 92.34M | 86.61M | 78.70M | 77.42M | 82.60M | 84.66M | 71.00M |
| Operating Income | 111.00M | 64.30M | 87.98M | 65.15M | 31.26M | 18.67M | -1.59M | 26.95M | 17.39M | -76.51M |
| Interest Expense | 14.75M | 4.08M | 2.85M | 3.38M | 3.54M | 4.75M | 5.45M | 5.32M | 6.80M | 6.66M |
| Other Income (Expense) | 10.86M | -3.17M | -2.81M | -2.71M | -388.00K | -1.78M | -259.00K | 1.99M | — | — |
| Pretax Income | 95.05M | 61.81M | 83.30M | 59.06M | 27.33M | 12.14M | -7.30M | 23.62M | 9.64M | -82.55M |
| Income Tax | 20.94M | 12.62M | 9.47M | 6.37M | 2.51M | -659.00K | 1.44M | 2.91M | 21.54M | -17.72M |
| Net Income | 61.54M | 40.96M | 73.83M | 52.69M | 24.82M | 12.79M | -8.74M | 20.71M | -11.90M | -64.83M |
| Net Income growth (YoY) | +50.23% | -44.52% | +40.13% | +112.28% | +93.99% | — | -142.22% | — | — | -437.73% |
| EBITDA | 137.59M | 80.75M | 101.29M | 80.01M | 48.12M | 35.09M | 14.88M | 45.16M | 38.10M | -54.73M |
| Gross Margin | 39.15% | 37.84% | 33.74% | 28.04% | 24.73% | 25.71% | 22.33% | 25.40% | 20.82% | 19.98% |
| Operating Margin | 16.43% | 12.02% | 13.75% | 9.96% | 5.75% | 4.01% | -32.00% | 4.92% | 3.54% | -15.30% |
| Net Margin | 9.11% | 7.66% | 11.54% | 8.05% | 4.57% | 2.75% | -1.78% | 3.78% | -2.42% | -12.96% |
This table shows 10 annual periods of Bel Fuse's income statement, from FY 2025 back to FY 2016, across 16 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BELFA's reporting calendar. What is a income statement?