Belden (BDC) Research & Development (2009 - 2026)
Belden's (BDC) quarterly Research & Development came in at $31.7 million in Q2 2026, down 6.56% on a YoY basis from $33.9 million in Q2 2025, and up 5.4% quarter-over-quarter from $30.1 million in Q1 2026.
Analysis
Belden (BDC) Research & Development (2009 - 2026) Analysis & Trends
Belden (BDC) has reported Research & Development for 18 consecutive years, with $31.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 6.56% year-over-year to $31.7 million; the trailing twelve-month figure through Jun 2026 stood at $128.2 million (up 7.49% YoY), and the FY2025 full-year result was $128.8 million, up 14.59% from the prior year.
- Research & Development advanced to $31.7 million in Q2 2026 per BDC's latest filing, from $30.1 million in the prior quarter.
- Across five years, Research & Development topped out at $33.9 million in Q2 2025 and bottomed at $23.5 million in Q2 2022.
- Historically, Research & Development has averaged $29.1 million across 5 years, with a median of $28.8 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Research & Development advanced 29.31% in 2022, then slipped 9.5% in 2023.
- Over 5 years, Research & Development stood at $28.6 million in 2022, then retreated by 9.5% to $25.9 million in 2023, then climbed by 11.92% to $29.0 million in 2024, then climbed by 12.34% to $32.5 million in 2025, then dropped by 2.54% to $31.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $31.7 million, $30.1 million, and $32.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 204.03 Bn | 198.05 Bn | 3.55 Bn | - |
| 2 | Eaton | 159.57 Bn | 158.92 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Vertiv Holdings | 107.98 Bn | 104.87 Bn | 1.23 Bn | - |
| 4 | TE Connectivity | 60.39 Bn | 59.30 Bn | 1.84 Bn | 230.00 Mn |
| 5 | nVent Electric | 25.25 Bn | 25.00 Bn | 558.00 Mn | 24.50 Mn |
| 6 | Hubbell | 24.33 Bn | 23.94 Bn | 613.00 Mn | - |
| 7 | Advanced Energy Industries | 11.24 Bn | 9.82 Bn | 236.10 Mn | 65.00 Mn |
| 8 | Aptiv | 9.99 Bn | 9.23 Bn | 775.00 Mn | - |
| 9 | Valmont Industries | 9.29 Bn | 9.16 Bn | 340.82 Mn | - |
| 10 | Belden | 4.78 Bn | 4.43 Bn | 293.62 Mn | 31.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 31.71 Mn |
| Mar 29, 2026 | 30.09 Mn |
| Dec 31, 2025 | 32.54 Mn |
| Sep 28, 2025 | 33.86 Mn |
| Jun 29, 2025 | 33.94 Mn |
| Mar 30, 2025 | 28.42 Mn |
| Dec 31, 2024 | 28.97 Mn |
| Sep 29, 2024 | 27.94 Mn |
| Jun 30, 2024 | 28.46 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 25.88 Mn |
| Oct 1, 2023 | 30.19 Mn |
| Jul 2, 2023 | 30.97 Mn |
| Apr 2, 2023 | 29.38 Mn |
| Dec 31, 2022 | 28.60 Mn |
| Oct 2, 2022 | 26.31 Mn |
| Jul 3, 2022 | 25.99 Mn |
| Apr 3, 2022 | 23.46 Mn |
| Dec 31, 2021 | 22.12 Mn |
| Oct 3, 2021 | 23.24 Mn |