Bel Fuse Q2 net sales $168M (+26% YoY); GAAP EPS up; guides Q3 sales $165-180M

BEL FUSE INC /NJ

Net sales $168.3M, up 26.3% from $133.2M in Q2-24.
GAAP net earnings $26.9M vs $18.8M; adjusted EBITDA $35.2M (20.9% of sales).
Strength in defense/commercial aerospace; networking/distribution rebounding after destocking.
Q3 guidance: net sales $165-$180M, gross margins 37%-39%.
Tariffs minimal impact ($2.2M low-margin sales); sold Glen Rock building for $4.1M gain.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

BEL FUSE INC /NJ: Amended the Code of Ethics to clarify provisions regarding compliance with governmental laws, rules, regulations, and company policies (effective 2025-07-23).

Change: code of ethics
Effective: 2025-07-23

Exact text from the filing

On July 23, 2025, the Board of Directors of the Company (the "Board") of Bel Fuse Inc. (the "Company") adopted and approved, based on the recommendation of the Audit Committee of the Board, certain amendments to the Company’s Code of Ethics that applies to all directors, officers and employees of the Company (the "Code" or the "Code of Ethics").

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87 governance changes filed in the last 30 days. Browse all governance changes →

BEL FUSE INC /NJ filing history →

Source: SEC EDGAR

accession 0001437749-25-023426

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