earnings
confidence high
sentiment positive
materiality 0.75
Bel Fuse Q4 sales up 17% to $175.9M; non-GAAP net earnings $24.9M; provides Q1 guidance
BEL FUSE INC /NJ
- Q4 net sales $175.9M (+17.4% YoY); gross margin 39.4% vs 37.5% in Q4-24.
- GAAP net loss $5.4M includes $13.1M impairment; non-GAAP net earnings $24.9M vs $19.0M in Q4-24.
- FY2025 net sales $675.5M (+26.3%); GAAP net earnings $61.5M; adjusted EBITDA $142.9M (21.2% of sales).
- Q1 2026 guidance: net sales $165-180M, gross margin 37-39%, citing seasonality.
- Tom Smelker joins leadership to replace retiring Pete Bittner; focus on aerospace and defense growth.
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