Bel Fuse (BELFA) Operating Margin (2010 - 2026)
Bel Fuse (BELFA) recorded Operating Margin of 18.24% in Q2 2026, up 0.49 percentage points from 17.74% a year earlier and up 4.98 percentage points from the prior quarter.
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Analysis
Bel Fuse (BELFA) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Bel Fuse's Operating Margin came in at 15.88% as of Jun 30, 2026, up 2.64 percentage points year-over-year; for FY2025, it was 16.43%, up 4.41 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +12.43 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 12.02% in FY2024 (-1.73 pp), 13.75% in FY2023 (+3.79 pp), 9.96% in FY2022 (+4.21 pp) and 5.75% in FY2021 (+1.74 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin in data going back to Q2 2010.
- On a year-over-year basis, Operating Margin rose in five of the last eight quarters, with an average year-over-year change of +0.62 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 7.69 percentage points in Q3 2025, against a drop of 6.19 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.26% (Q1 2026), 14.65% (Q4 2025) and 16.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn | 78.49% |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn | 42.96% |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn | 41.71% |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 16.79% |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn | 27.76% |
| 10 | Bel Fuse | 2.44 Bn | 2.07 Bn | 83.97 Mn | 18.24% |
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% |
API Access
Bel Fuse Operating Margin 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-margin&ticker=BELFA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BELFA", "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-margin&ticker=BELFA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();