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
DateValue
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%