---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-023426"
form_type: "8-K"
ticker: "BELFA"
cik: "0000729580"
company_name: "BEL FUSE INC /NJ"
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:51:32.586715+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-25-023426
- form_type: 8-K
- ticker: BELFA
- cik: 0000729580
- company_name: BEL FUSE INC /NJ
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729580/000143774925023426/0001437749-25-023426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729580/000143774925023426/belfb20250502_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-023426
- JSON: https://secwatch.observer/filing/0001437749-25-023426.json
- Plain text: https://secwatch.observer/filing/0001437749-25-023426.txt

## Key facts
- Governance Changes
  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
  source text: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/729580/000143774925023426/0001437749-25-023426-index.htm

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