Bel Reports First Quarter 2026 Results
Bel Fuse reported Q1 2026 net sales of $178.5 million, up 17.2% year-over-year, driven by broad-based momentum and the recent dataMate acquisition. Gross profit margin improved to 39.0%, while adjusted EBITDA increased to $34.5 million. The company completed a business unit realignment to enhance customer intimacy and is seeing strong demand in aerospace, defense, and data infrastructure markets. CEO Farouq Tuweiq noted progress on new defense contracts and AI-driven datacenter investments.
Key figures
- Eps
- 0.86
- Revenue
- $178.5 million
- Guidance
- Q2 sales $195 million to $215 million with gross margin of 38%-40%
- Revenue Yoy
- 17.2%
- Gross Margin
- 39.0%
- Adjusted EBITDA
- $34.5 million
- Non Gaap Net Earnings
- $22.8 million
AI analysis
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