Bel Fuse (BELFA) Research & Development (2019 - 2026)
Bel Fuse (BELFA) posted quarterly Research & Development of $8.5 million for Q1 2026, up 17.79% year-over-year from $7.2 million in Q1 2025, and up 6.01% quarter-over-quarter from $8.0 million in Q4 2025.
Bel Fuse (BELFA) Research & Development (2019 - 2026) Analysis & Trends
Bel Fuse (BELFA) has reported Research & Development for 8 consecutive years, with $8.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 17.79% year-over-year to $8.5 million; the TTM figure through Mar 2026 stood at $32.2 million (up 25.69% YoY), while the FY2025 annual figure was $30.9 million, up 30.93% from the prior year.
- Research & Development advanced to $8.5 million in Q1 2026 per BELFA's latest filing, from $8.0 million in the prior quarter.
- Across five years, Research & Development topped out at $8.5 million in Q1 2026 and bottomed at $4.7 million in Q2 2022.
- Historically, Research & Development has averaged $6.2 million across 5 years, with a median of $6.0 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development retreated 17.59% — and 2025, when it soared 38.69%.
- Bel Fuse's Research & Development stood at $5.8 million in 2022, then increased by 2.53% to $6.0 million in 2023, then grew by 16.46% to $6.9 million in 2024, then gained by 15.5% to $8.0 million in 2025, then increased by 6.01% to $8.5 million in 2026.
- Business Quant data shows BELFA's Research & Development at $8.5 million in Q1 2026, $8.0 million in Q4 2025, and $7.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 384.18 Bn | 378.07 Bn | 3.55 Bn | - |
| 2 | Corning | 131.49 Bn | 128.98 Bn | 1.63 Bn | 299.00 Mn |
| 3 | TE Connectivity | 58.51 Bn | 57.27 Bn | 1.84 Bn | 230.00 Mn |
| 4 | Flex | 41.13 Bn | 38.29 Bn | 747.00 Mn | - |
| 5 | Celestica | 34.66 Bn | 34.13 Bn | 577.50 Mn | 46.30 Mn |
| 6 | Jabil | 34.01 Bn | 32.65 Bn | 828.00 Mn | 9.00 Mn |
| 7 | Fabrinet | 16.04 Bn | 15.17 Bn | 158.05 Mn | - |
| 8 | Ttm Technologies | 12.22 Bn | 11.71 Bn | 211.86 Mn | 25.49 Mn |
| 9 | Littelfuse | 10.50 Bn | 9.87 Bn | 306.06 Mn | 31.04 Mn |
| 10 | Bel Fuse | 2.55 Bn | 2.24 Bn | 83.97 Mn | 9.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.01 Mn |
| Mar 31, 2026 | 8.51 Mn |
| Dec 31, 2025 | 8.03 Mn |
| Sep 30, 2025 | 7.55 Mn |
| Jun 30, 2025 | 8.10 Mn |
| Mar 31, 2025 | 7.22 Mn |
| Dec 31, 2024 | 6.95 Mn |
| Sep 30, 2024 | 5.44 Mn |
| Jun 30, 2024 | 5.99 Mn |
| Mar 31, 2024 | 5.22 Mn |
| Dec 31, 2023 | 5.97 Mn |
| Sep 30, 2023 | 5.29 Mn |
| Jun 30, 2023 | 6.01 Mn |
| Mar 31, 2023 | 5.22 Mn |
| Dec 31, 2022 | 5.82 Mn |
| Sep 30, 2022 | 4.88 Mn |
| Jun 30, 2022 | 4.66 Mn |
| Mar 31, 2022 | 5.01 Mn |
| Dec 31, 2021 | 5.60 Mn |
| Sep 30, 2021 | 5.92 Mn |