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Belden (BDC) operating margin by quarter

Belden's operating margin was 13.2% in Q2 2026 (second quarter 2026), +2.0 pts from Q1 2026. Over the last 6 quarters it ranged from 10.9% (Q3 2025) to 13.2% (Q2 2026).

Belden operating margin by quarterBelden operating margin by quarter11.6%Q1 202511.8%Q2 202510.9%Q3 202512.2%Q4 202511.2%Q1 202613.2%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202613.2%+2.0 pts+1.4 pts
Q1 202611.2%-1.0 pts-0.4 pts
Q4 202512.2%+1.2 pts—
Q3 202510.9%-0.9 pts—
Q2 202511.8%+0.2 pts—
Q1 202511.6%——

Q2 2026 at a glance

Belden, Q2 2026: revenue $750M (+12% year over year), operating margin 13.2%, net earnings $68.5M, operating cash flow $129M. The chart follows the revenue to costs, profit and cash.

Questions

What is Belden's operating margin?

Belden's operating margin was 13.2% in Q2 2026 (second quarter 2026), +2.0 pts from Q1 2026.

How has Belden's operating margin changed?

Over the last 6 quarters it ranged from 10.9% (Q3 2025) to 13.2% (Q2 2026).

Q2 2026 results → · How Belden makes money →