BEL Fuse Inc income statement

In fiscal 2025, BEL Fuse Inc reported revenue of $675m, up 26.3% on the year before, operating income of $111m (a 16.4% margin) and net income of $61.5m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

BEL Fuse Inc: income statement, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	71	103	487	567	500	492	548	492	466	543	654	640	535	675	744
Cost of revenue	—	—	—	—	—	389	409	382	346	409	471	424	332	411	450
Gross profit	—	—	87	109	100	102	139	110	120	134	183	216	202	264	294
Research and development	12	14	22	28	27	29	29	27	24	22	20	22	24	31	33
Selling, general and administrative	40	46	72	78	71	85	83	77	79	87	92	99	111	126	138
Operating income	2	15	13	29	−77	17	27	−2	19	31	65	88	64	111	118
Interest expense	0	0	4	8	7	7	5	5	5	4	3	3	4	15	11
Income before tax	1	15	10	26	−83	10	24	−7	12	27	59	83	62	95	93
Income tax	−1	−1	1	7	−18	22	3	1	−1	3	6	9	13	21	15
Net income	2	16	9	19	−65	−12	21	−9	13	25	53	74	41	62	54
EBITDA	11	27	34	52	−55	38	45	15	35	48	80	101	81	138	145

US$ millions unless shown otherwise. Fiscal quarters.

BEL Fuse Inc: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	124	150	152	168	179	176	178	211
Cost of revenue	79	94	93	103	108	107	109	127
Gross profit	45	56	59	65	71	69	70	84
Research and development	5	7	7	8	8	8	9	9
Selling, general and administrative	27	35	30	31	33	33	37	36
Operating income	11	12	25	30	30	26	24	38
Interest expense	0	3	4	4	4	3	3	2
Income before tax	11	7	24	34	28	10	18	38
Income tax	3	1	5	7	5	3	3	4
Net income	8	−2	18	27	22	−5	11	25
EBITDA	15	18	32	36	37	32	30	45

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from BEL Fuse Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to BEL Fuse Inc.