Bel Fuse Inc. (BELFB) Earnings
Bel Fuse Inc. is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $2.33. BELFB has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +19.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 29, 2026 | $1.62 | $1.81 | +11.7% | $178M | +3.7% |
| Feb 17, 2026 | $1.68 | $1.98 | +17.9% | $176M | +6.7% |
| Oct 29, 2025 | $1.68 | $2.09 | +24.4% | $179M | +4.5% |
| Jul 24, 2025 | $1.37 | $1.67 | +21.9% | $168M | +7.7% |
| Apr 24, 2025 | $1.05 | $1.35 | +28.6% | $152M | +2.9% |
| Feb 18, 2025 | $0.96 | $-0.14 | -114.6% | $150M | +18.6% |
| Oct 23, 2024 | $0.85 | $0.92 | +8.2% | $124M | -1.8% |
| Jul 24, 2024 | $0.93 | $1.54 | +65.6% | $133M | +2.3% |
| Apr 25, 2024 | $0.97 | $1.26 | +29.9% | $128M | -0.4% |
| Feb 21, 2024 | $1.44 | $1.37 | -4.9% | $140M | -7.8% |
| Jul 26, 2023 | $1.23 | $1.99 | +61.8% | $169M | +1.5% |
| Feb 22, 2023 | $1.08 | $1.35 | +25.0% | $169M | +6.0% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Farouq mentioned strong start to fiscal 2026 with broad-based momentum. Completed business unit realignment into ADRS and ITDS. Closed acquisition of dataMate in March for $16 million, adding ~$18M annual sales. ADRS had robust demand in defense, commercial aerospace, space. ITDS had healthy demand in networking, data infrastructure. R&D expense increased, SG&A increased with some one-time and investment-related costs.
Guidance
Guiding sales for second quarter in range of $195 million to $215 million with gross margin in range of 38% to 40%. Supported by robust bookings and higher demand from defense, commercial aerospace, data solutions customers.
Segment performance
Total sales were $178.5 million, up 17.2% from prior year. Gross profit margin was 39%, up 40 basis points. Aerospace Defense & Rugged Solutions (ADRS) sales $99.8 million, up 20.1%, gross profit margin 41.5% (improved 140 basis points). Industrial Technology & Data Solutions (ITDS) sales $78.7 million, up 13.8%, gross profit margin 36.6% (down from 37.3%).
Risks & headwinds
Trade policy and tariff dynamics, demand variability by end market, upward pressure in certain material and logistics inputs.
Analyst Q&A
Q: Comments on book-to-bill trends and end market highlights;
A: Book-to-bill robust across full business except transportation, robust in aerospace, defense, data solutions.
Q: Color on ITDS growth and AI;
A: AI-driven strength in data solutions, seen in bookings and orders.
Q: Perspective on U.S. and Israeli defense trends;
A: Geopolitical events additive, replenishment and new business investment opportunities.
Q: Details on first Cinch Enercon package win;
A: Team effort, certifications, facility visits led to win.
Q: Greenfield design wins in defense Europe;
A: Slightly ahead of schedule, regulatory approval process took longer.
Q: Gross margin levers and timing;
A: Sales growth helps leverage fixed costs, but input costs and FX moving against, pricing actions to offset.
Q: New business structure and growth;
A: No long-term growth guidance, end market-driven, expect robustness.
Q: Data center footprint and dataMate;
A: dataMate expected to grow, gives U.S. manufacturing footprint.
Q: Price increases and industrials inventory;
A: Passing on cost, distribution seen as stronger.
Q: Sequential Q1 growth and M&A;
A: End market mix shift less seasonal, open for M&A