Bel Reports Third Quarter 2026 Results
Bel Fuse reported Q3 2026 net sales of $220.5 million, up 23.2% year-over-year, with gross margin expanding to 40.9% from 39.7%. GAAP net earnings attributable to shareholders were $26.3 million, while non-GAAP net earnings reached $44.0 million versus $26.3 million a year ago; adjusted EBITDA was $52.5 million at 23.8% of sales. Management guided Q4 net sales of $220-240 million with gross margin of 40.0-42.0%, citing momentum led by the Data Solutions sector and Industrials end market.
Key figures
- Eps
- 1.74
- Revenue
- 220510000
- Guidance
- Q4 2026 net sales $220 million to $240 million; gross margin 40.0% to 42.0%
- Revenue Yoy
- 23.2%
- Gross margin
- 40.9%
- Adjusted ebitda
- 52510000
- Nine month revenue
- 609686000
- Cash and equivalents
- 333122000
- Adjusted ebitda margin
- 23.8%
- Non gaaap net earnings
- 44000000
- Gaap net earnings attributable to bel
- 26300000
AI analysis
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