Belden (BDC) Gross Margin (2009 - 2026)
Belden (BDC) posted Gross Margin of 37.06% for Q1 2026, up 1.26% on a QoQ basis from 36.6% in Q4 2025, and down 228.0% year-over-year from 28.95% in Q1 2025.
Belden (BDC) Gross Margin (2009 - 2026) Analysis & Trends
Belden's Gross Margin history runs 18 years deep, the most recent figure standing at 37.06% for Q1 2026.
- Quarterly Gross Margin fell 228.0% year-over-year to 37.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.44% (down 46.0% YoY) and the FY2025 annual result came in at 37.98%, up 50.0% from the prior year.
- Gross Margin was 37.06% for Q1 2026 at Belden, up from 36.6% in the prior quarter.
- Across five years, Gross Margin topped out at 39.34% in Q1 2025 and bottomed at 33.35% in Q3 2022.
- A 5-year average of 37.16% and a median of 37.51% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 440 bps — and 2026, when it tumbled 228 bps.
- Belden's Gross Margin stood at 37.4% in 2022, then gained by 0 bps to 37.44% in 2023, then climbed by 0 bps to 37.51% in 2024, then retreated by 2 bps to 36.6% in 2025, then rose by 1 bps to 37.06% in 2026.
- Business Quant data shows BDC's Gross Margin at 37.06% in Q1 2026, 36.6% in Q4 2025, and 37.7% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 456.97 Bn | 440.33 Bn | 10.08 Bn | 63.63% |
| 2 | Motorola Solutions | 73.10 Bn | 72.21 Bn | 1.36 Bn | 50.18% |
| 3 | Hewlett Packard Enterprise | 60.19 Bn | 55.35 Bn | 9.10 Bn | 97.81% |
| 4 | Ciena | 48.54 Bn | 47.24 Bn | 625.52 Mn | 43.83% |
| 5 | Nokia | 48.12 Bn | 40.81 Bn | 9.86 Bn | 144,416.67% |
| 6 | Lumentum Holdings | 46.15 Bn | 42.98 Bn | 357.00 Mn | 44.16% |
| 7 | Ericsson Lm Telephone | 33.10 Bn | 27.42 Bn | 2.53 Bn | 45.78% |
| 8 | Ubiquiti | 32.36 Bn | 31.99 Bn | 370.71 Mn | 47.03% |
| 9 | AST SpaceMobile | 16.27 Bn | 16.27 Bn | 3.67 Mn | 24.92% |
| 10 | Belden | 4.05 Bn | 3.78 Bn | 258.09 Mn | 37.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 37.06% |
| Dec 31, 2025 | 36.60% |
| Sep 28, 2025 | 37.70% |
| Jun 29, 2025 | 38.48% |
| Mar 30, 2025 | 39.34% |
| Dec 31, 2024 | 37.51% |
| Sep 29, 2024 | 37.26% |
| Jun 30, 2024 | 37.53% |
| Mar 31, 2024 | 37.63% |
| Dec 31, 2023 | 37.44% |
| Oct 1, 2023 | 38.48% |
| Jul 2, 2023 | 37.75% |
| Apr 2, 2023 | 38.35% |
| Dec 31, 2022 | 37.40% |
| Oct 2, 2022 | 35.59% |
| Jul 3, 2022 | 33.35% |
| Apr 3, 2022 | 34.22% |
| Dec 31, 2021 | 33.98% |
| Oct 3, 2021 | 33.63% |
| Jul 4, 2021 | 33.23% |