Bel Fuse (BELFA) Gross Margin (2010 - 2026)
Bel Fuse's (BELFA) quarterly Gross Margin came in at 39.85% in Q2 2026, up 118.0% year-over-year from 18.28% in Q2 2025, and up 2.21% quarter-over-quarter from 38.99% in Q1 2026.
Analysis
Bel Fuse (BELFA) Gross Margin (2010 - 2026) Analysis & Trends
Bel Fuse (BELFA) has reported Gross Margin for 17 consecutive years, with 39.85% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 118.0% year-over-year to 39.85% in Q2 2026; TTM through Jun 2026 was 39.52%, a 168.0% increase from a year earlier, with the FY2025 full-year figure at 39.15%, up 131.0% from the prior year.
- Gross Margin was 39.85% for Q2 2026 at Bel Fuse, up from 38.99% in the prior quarter.
- Over five years, Gross Margin peaked at 40.09% in Q2 2024 and troughed at 24.96% in Q1 2022.
- A 5-year average of 35.21% and a median of 37.03% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 718 bps in 2024 and slumped 141 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 31.03% in 2022, then gained by 18 bps to 36.56% in 2023, then gained by 3 bps to 37.51% in 2024, then gained by 5 bps to 39.43% in 2025, then rose by 1 bps to 39.85% in 2026.
- The last three Gross Margin figures came in at 39.85% (Q2 2026), 38.99% (Q1 2026), and 39.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 73.85 Bn | 71.11 Bn | 477.30 Mn | 47.43% |
| 2 | Coherent | 53.87 Bn | 51.88 Bn | 787.08 Mn | 38.48% |
| 3 | Zebra Technologies | 16.44 Bn | 16.28 Bn | 825.00 Mn | 52.99% |
| 4 | Littelfuse | 10.68 Bn | 10.05 Bn | 306.06 Mn | 41.43% |
| 5 | Vishay Intertechnology | 4.34 Bn | 3.04 Bn | 207.38 Mn | 23.34% |
| 6 | LG Display | 3.21 Bn | 2.14 Bn | 509.35 Mn | 13.62% |
| 7 | Knowles | 3.07 Bn | 3.02 Bn | 74.60 Mn | 44.72% |
| 8 | Bel Fuse | 2.78 Bn | 2.47 Bn | 83.97 Mn | 39.85% |
| 9 | Hesai | 2.56 Bn | 1.58 Bn | 50.88 Mn | 40.11% |
| 10 | Ouster | 2.39 Bn | 2.13 Bn | 26.69 Mn | 48.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.85% |
| Mar 31, 2026 | 38.99% |
| Dec 31, 2025 | 39.43% |
| Sep 30, 2025 | 39.75% |
| Jun 30, 2025 | 38.67% |
| Mar 31, 2025 | 38.64% |
| Dec 31, 2024 | 37.51% |
| Sep 30, 2024 | 36.14% |
| Jun 30, 2024 | 40.09% |
| Mar 31, 2024 | 37.53% |
| Dec 31, 2023 | 36.56% |
| Sep 30, 2023 | 34.95% |
| Jun 30, 2023 | 32.91% |
| Mar 31, 2023 | 31.14% |
| Dec 31, 2022 | 31.03% |
| Sep 30, 2022 | 28.99% |
| Jun 30, 2022 | 26.65% |
| Mar 31, 2022 | 24.96% |
| Dec 31, 2021 | 26.69% |
| Sep 30, 2021 | 24.48% |