BEL FUSE INC /NJ
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $675.5M | $534.8M | $639.8M | $654.2M | $543.5M |
| Cost of revenue | $411.0M | $332.4M | $424.0M | $470.8M | $409.1M |
| Gross profit | $264.4M | $202.4M | $215.8M | $183.5M | $134.4M |
| Selling, general & administrative | $125.8M | $110.6M | $99.1M | $92.3M | $86.6M |
| Research and development | $30.9M | $23.6M | $22.5M | $20.2M | $21.9M |
| Operating income | $111.0M | $64.3M | $88.0M | $65.1M | $31.3M |
| Interest expense | $14.8M | $4.1M | $2.9M | $3.4M | $3.5M |
| Pretax income | $95.0M | $61.8M | $83.3M | $59.1M | $27.3M |
| Income tax expense | $20.9M | $12.6M | $9.5M | $6.4M | $2.5M |
| Net income | $61.5M | $41.0M | $73.8M | $52.7M | $24.8M |
| Balance Sheet | |||||
| Cash and equivalents | $57.8M | $68.3M | $89.4M | $70.3M | $61.8M |
| Current assets | $384.8M | $373.5M | $381.5M | $381.4M | $329.0M |
| Total assets | $935.2M | $949.8M | $571.6M | $560.5M | $511.8M |
| Current liabilities | $127.4M | $128.1M | $110.6M | $136.3M | $112.0M |
| Total liabilities | $416.5M | $508.6M | $231.1M | $298.1M | $303.1M |
| Total debt | $197.5M | $287.5M | $60.0M | $95.0M | $112.5M |
| Stockholders' equity | $425.5M | $360.6M | $340.6M | $262.3M | $208.7M |
| Cash Flow Statement | |||||
| Cash from operations | $80.6M | $74.1M | $108.3M | $40.3M | $4.6M |
| Depreciation and amortization | $26.6M | $16.5M | $13.3M | $14.9M | $16.9M |
| Stock-based compensation | $6.8M | $3.7M | $3.5M | $2.4M | $2.3M |
| Capital expenditure | $12.0M | $14.1M | $12.1M | $8.8M | $9.4M |
| Free cash flow | $68.6M | $60.0M | $96.2M | $31.4M | -$4.8M |
| Dividends paid | $3.5M | $3.5M | $3.5M | $3.4M | $3.4M |
| Share repurchases | $0 | $16.1M | $105,000 | $349,000 | $0 |
| Impairments | $0 | — | — | — | — |
Shares outstanding 12.7M · Free float 93.2%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.