Bel Fuse (BELFA) Operating Margin (2010 - 2026)
Bel Fuse (BELFA) posted quarterly Operating Margin of 13.26% for Q1 2026, down 318.0% year-over-year from 6.08% in Q1 2025, and down 9.5% quarter-over-quarter from 14.65% in Q4 2025.
Bel Fuse (BELFA) Operating Margin (2010 - 2026) Analysis & Trends
Bel Fuse (BELFA) has reported Operating Margin for 17 consecutive years, with 13.26% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 318.0% year-over-year to 13.26%; the TTM figure through Mar 2026 stood at 15.62% (up 284.0% YoY), while the FY2025 annual figure was 16.43%, up 441.0% from the prior year.
- Operating Margin fell to 13.26% in Q1 2026 per BELFA's latest filing, from 14.65% in the prior quarter.
- Across five years, Operating Margin topped out at 17.74% in Q2 2025 and bottomed at 5.92% in Q1 2022.
- Historically, Operating Margin has averaged 13.01% across 5 years, with a median of 13.26% in 2026.
- Annual changes were most pronounced in 2024 — Operating Margin sank 619 bps — and 2025, when it jumped 769 bps.
- Bel Fuse's Operating Margin stood at 10.76% in 2022, then gained by 9 bps to 11.76% in 2023, then fell by 30 bps to 8.26% in 2024, then soared by 77 bps to 14.65% in 2025, then slipped by 9 bps to 13.26% in 2026.
- Business Quant data shows BELFA's Operating Margin at 13.26% in Q1 2026, 14.65% in Q4 2025, and 16.95% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 377.09 Bn | 370.98 Bn | 3.55 Bn | 29.51% |
| 2 | Corning | 130.63 Bn | 128.13 Bn | 1.63 Bn | 15.49% |
| 3 | TE Connectivity | 58.45 Bn | 57.21 Bn | 1.84 Bn | 19.01% |
| 4 | Flex | 40.31 Bn | 37.47 Bn | 747.00 Mn | 4.94% |
| 5 | Celestica | 34.87 Bn | 34.33 Bn | 577.50 Mn | 9.75% |
| 6 | Jabil | 33.38 Bn | 32.02 Bn | 828.00 Mn | 5.09% |
| 7 | Fabrinet | 15.88 Bn | 15.01 Bn | 158.05 Mn | 10.20% |
| 8 | Ttm Technologies | 11.90 Bn | 11.38 Bn | 211.86 Mn | 10.86% |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | 16.21% |
| 10 | Bel Fuse | 2.50 Bn | 2.20 Bn | 83.97 Mn | 18.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.24% |
| Mar 31, 2026 | 13.26% |
| Dec 31, 2025 | 14.65% |
| Sep 30, 2025 | 16.95% |
| Jun 30, 2025 | 17.74% |
| Mar 31, 2025 | 16.44% |
| Dec 31, 2024 | 8.26% |
| Sep 30, 2024 | 9.26% |
| Jun 30, 2024 | 16.98% |
| Mar 31, 2024 | 13.94% |
| Dec 31, 2023 | 11.76% |
| Sep 30, 2023 | 15.45% |
| Jun 30, 2023 | 16.21% |
| Mar 31, 2023 | 11.39% |
| Dec 31, 2022 | 10.76% |
| Sep 30, 2022 | 12.41% |
| Jun 30, 2022 | 9.85% |
| Mar 31, 2022 | 5.92% |
| Dec 31, 2021 | 7.68% |
| Sep 30, 2021 | 6.04% |