---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-004197"
form_type: "8-K"
ticker: "BELFA"
cik: "0000729580"
company_name: "BEL FUSE INC /NJ"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:42:16.489895+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bel Fuse reports record FY22 net sales $654M (+20%), net earnings $52.7M, Q4 sales +15% YoY

## Summary
- Record FY22 net sales $654.2M (+20.4% YoY); net earnings $52.7M vs $24.8M; record adj. EBITDA $83.0M (12.7% of sales).
- Q4 net sales $169.2M (+15.0% YoY); Q4 adj. EBITDA $25.0M (14.8% of sales); Q4 net earnings $14.0M vs $8.0M.
- Power Solutions Q4 sales +38.5% YoY; Magnetic Solutions -9.5%; Connectivity +7.9%; gross margin expanded 430 bps to 31.0%.
- Year-end backlog $565M, up 21% from 2021; full-year gross margin 28.0% vs 24.7%.
- Announced investment in Germany-based innolectric AG to enhance eMobility fast-charging offerings.

## SEC filing metadata
- accession: 0001437749-23-004197
- form_type: 8-K
- ticker: BELFA
- cik: 0000729580
- company_name: BEL FUSE INC /NJ
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729580/000143774923004197/0001437749-23-004197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729580/000143774923004197/belfb20221123_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-004197
- JSON: https://secwatch.observer/filing/0001437749-23-004197.json
- Plain text: https://secwatch.observer/filing/0001437749-23-004197.txt

## Key facts
- Earnings Releases
  BEL FUSE INC /NJ reported the fourth quarter and full year of 2022 results: revenue $ 169.2 million, net income $ 14.0 million.
  - Period: the fourth quarter and full year of 2022
  - Revenue: $ 169.2 million
  - Net income: $ 14.0 million
  - Result: preliminary results
  source text: Fuse Inc . (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2022 . Fourth Quarter 2022 Highlights • Net sales of $ 169.2 million, up 15.0% from Q4-21 • Gross profit margin of 31.0% , up from 26.7% in Q4-21 • Net earnings of $ 14.0 million versus $ 8.0 million in Q4-21 • Adjusted EBITDA of $25.0 million (
  evidence_url: https://www.sec.gov/Archives/edgar/data/729580/000143774923004197/0001437749-23-004197-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.