Belden (BDC) Operating Expenses (2009 - 2026)
Belden (BDC) recorded Operating Expenses of $179.54 million in Q2 2026, up 8.2% from $165.86 million a year earlier and up 6.4% from the prior quarter.
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Analysis
Belden (BDC) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Belden's Operating Expenses came in at $684.61 million as of Jun 28, 2026, up 5.8% year-over-year; for FY2025, it was $662.12 million, up 9.1% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $606.97 million in FY2024 (-0.4%), $609.13 million in FY2023 (+10.2%), $552.99 million in FY2022 (+18.1%) and $468.25 million in FY2021 (+18.1%).
- The Q2 2026 figure is the highest quarterly Operating Expenses since Q4 2015.
- On a year-over-year basis, Operating Expenses rose in seven of the last eight quarters, with growth averaging 8.2%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 228.9% in Q4 2021, against a decline of 8.7% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $168.74 million (Q1 2026), $163.05 million (Q4 2025) and $173.27 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 963.40 Mn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 10.73 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 1.46 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 874.00 Mn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 490.50 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 1.34 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 5.52 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | Belden | 4.29 Bn | 2.96 Bn | 293.62 Mn | 179.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 179.54 Mn |
| Mar 29, 2026 | 168.74 Mn |
| Dec 31, 2025 | 163.05 Mn |
| Sep 28, 2025 | 173.27 Mn |
| Jun 29, 2025 | 165.86 Mn |
| Mar 30, 2025 | 159.94 Mn |
| Dec 31, 2024 | 166.33 Mn |
| Sep 29, 2024 | 154.92 Mn |
| Jun 30, 2024 | 147.95 Mn |
| Mar 31, 2024 | 137.77 Mn |
| Dec 31, 2023 | 152.30 Mn |
| Oct 1, 2023 | 148.27 Mn |
| Jul 2, 2023 | 157.61 Mn |
| Apr 2, 2023 | 150.96 Mn |
| Dec 31, 2022 | 158.49 Mn |
| Oct 2, 2022 | 136.78 Mn |
| Jul 3, 2022 | 131.19 Mn |
| Apr 3, 2022 | 126.52 Mn |
| Dec 31, 2021 | 130.60 Mn |
| Oct 3, 2021 | 118.57 Mn |
API Access
Belden Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();