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Filing Flows › Belden (BDC) › Q3 2026 › vs Q2 2026

Belden (BDC) Q3 2026 vs Q2 2026 (quarter over quarter)

Belden's revenue rose $216M (+29%) from $750M in Q2 2026 to $966M in Q3 2026.

Belden, Q3 2026: revenue $966M (+38% year over year), operating margin 1.7%, net loss $11.4M, operating cash flow $130M. The chart draws each line against Q2 2026, the increases inside each band.

Belden: what changed, Q3 2026 vs Q2 2026Belden: what changed, Q3 2026 vs Q2 2026Operating costs$298MCosts & expenses$241MCost of revenue$171MOperating cash sources$80.3MNet loss$79.9MNet loss absorbed$79.9MSG&A$64.1MDepreciation & amortization$42.3MOther operating costs$40.0MWorking capital & other$36.0M

Margins

Q3 2026Q2 2026Change
Free cash flow margin8.5%11.8%-3.3 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$966M$750M$216M+29%
Income tax benefit$14.2M−$16.7M$30.9M—
Net loss$11.4M−$68.5M$79.9M—
Costs & expenses$991M$750M$241M+32%
Operating costs$949M$651M$298M+46%
Interest & other, net$42.3M$14.1M$28.2M+201%
Cost of revenue$627M$457M$171M+37%
Research & development$55.2M$31.7M$23.5M+74%
SG&A$212M$148M$64.1M+43%
Other operating costs$54.8M$14.8M$40.0M+270%
Operating cash sources$141M$60.7M$80.3M+132%
Depreciation & amortization$78.4M$36.1M$42.3M+117%
Share-based compensation$11.1M$9.0M$2.0M+23%
Working capital & other$51.5M$15.6M$36.0M+231%
Net loss absorbed$11.4M−$68.5M$79.9M—
Operating cash flow$130M$129M$418K+0.3%
Free cash flow (OCF − capex)$81.8M$88.6M−$6.7M-8%
Capital expenditures$47.8M$40.7M$7.1M+18%

Questions

How much did Belden's revenue grow quarter over quarter in Q3 2026?

Belden's revenue rose $216M (+29%) from $750M in Q2 2026 to $966M in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →