Filing Flows › BEL Fuse (BELFA) › Q3 2026
BEL Fuse (BELFA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
BEL Fuse (BELFA) reported revenue of $221M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +5% from the quarter before. Operating margin was 17.9%, net earnings $26.3M (11.9% of revenue).
BEL Fuse, Q3 2026: revenue $221M (+23% year over year), operating margin 17.9%, net earnings $26.3M, operating cash flow $34.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $221M | +5% | +23% |
| Gross profit | $90.3M | +8% | +27% |
| Operating profit | $39.6M | +3% | +30% |
| Net earnings | $26.3M | +3% | +18% |
| Operating cash flow | $34.2M | +91% | +54% |
| Free cash flow | $28.0M | +79% | +38% |
What changed
Revenue was $220.5M in Q3 2026, up 23% year over year and up 5% from the previous quarter. Industrial Technology and Data Solutions Segment was the largest line at 52% of revenue. Industrial Technology and Data Solutions Segment added $31.2M year over year (up 38%), 75% of the total change.
Gross margin was 40.9%, up 1.2 points from Q3 2025. Operating profit was $39.6M, a 17.9% margin (up 1.0 points year over year). Of the extra revenue versus Q3 2025, 22% reached operating profit, above the 17% margin then. Operating expenses grew 24% against revenue growth of 23%. The fastest-growing cost line was Other operating costs (+455%). Net earnings were $26.3M, up 18% year over year. The effective tax rate was 17.7%.
Operating cash flow was $34.2M (up 54% year over year), 89% of net income including minority interests. Non-cash charges added back $7.3M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $14.5M. Capital expenditures of $6.1M left free cash flow of $28.0M.
Questions
What was BEL Fuse's revenue in the third quarter 2026?
BEL Fuse (BELFA) reported revenue of $221M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +5% from the quarter before.
Was BEL Fuse profitable in the third quarter 2026?
Operating profit was $39.6M (17.9% of revenue) and net earnings $26.3M.
Source: BEL Fuse 10-Q on SEC EDGAR.