Bel Fuse (BELFA) Operating Margin (2010 - 2026)
Bel Fuse's (BELFA) quarterly Operating Margin came in at 18.24% in Q2 2026, up 49.0% year-over-year from 12.24% in Q2 2025, and up 37.53% quarter-over-quarter from 13.26% in Q1 2026.
Analysis
Bel Fuse (BELFA) Operating Margin (2010 - 2026) Analysis & Trends
Bel Fuse (BELFA) has reported Operating Margin for 17 consecutive years, with 18.24% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 49.0% year-over-year to 18.24% in Q2 2026; TTM through Jun 2026 was 15.88%, a 264.0% increase from a year earlier, with the FY2025 full-year figure at 16.43%, up 441.0% from the prior year.
- Operating Margin was 18.24% for Q2 2026 at Bel Fuse, up from 13.26% in the prior quarter.
- Over five years, Operating Margin peaked at 18.24% in Q2 2026 and troughed at 5.92% in Q1 2022.
- A 5-year average of 13.3% and a median of 13.6% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 619 bps in 2024 and soared 769 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 10.76% in 2022, then increased by 9 bps to 11.76% in 2023, then dropped by 30 bps to 8.26% in 2024, then jumped by 77 bps to 14.65% in 2025, then increased by 24 bps to 18.24% in 2026.
- The last three Operating Margin figures came in at 18.24% (Q2 2026), 13.26% (Q1 2026), and 14.65% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 73.85 Bn | 71.11 Bn | 477.30 Mn | 27.76% |
| 2 | Coherent | 53.87 Bn | 51.88 Bn | 787.08 Mn | -47.91% |
| 3 | Zebra Technologies | 16.44 Bn | 16.28 Bn | 825.00 Mn | 20.62% |
| 4 | Littelfuse | 10.68 Bn | 10.05 Bn | 306.06 Mn | 16.21% |
| 5 | Vishay Intertechnology | 4.34 Bn | 3.04 Bn | 207.38 Mn | 6.02% |
| 6 | LG Display | 3.21 Bn | 2.14 Bn | 509.35 Mn | -1.92% |
| 7 | Knowles | 3.07 Bn | 3.02 Bn | 74.60 Mn | 14.81% |
| 8 | Bel Fuse | 2.78 Bn | 2.47 Bn | 83.97 Mn | 18.24% |
| 9 | Hesai | 2.56 Bn | 1.58 Bn | 50.88 Mn | 0.26% |
| 10 | Ouster | 2.39 Bn | 2.13 Bn | 26.69 Mn | -36.69% |
Historic Data
Download Data
Historic 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% |