Bel Fuse (BELFA) Research & Development (2019 - 2026)
Bel Fuse's (BELFA) quarterly Research & Development came in at $9.0 million in Q2 2026, up 11.13% year-over-year from $8.1 million in Q2 2025, and up 5.87% quarter-over-quarter from $8.5 million in Q1 2026.
Analysis
Bel Fuse (BELFA) Research & Development (2019 - 2026) Analysis & Trends
Bel Fuse (BELFA) has reported Research & Development for 8 consecutive years, with $9.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 11.13% year-over-year to $9.0 million in Q2 2026; TTM through Jun 2026 was $33.1 million, a 19.37% increase from a year earlier, with the FY2025 full-year figure at $30.9 million, up 30.93% from the prior year.
- Research & Development was $9.0 million for Q2 2026 at Bel Fuse, up from $8.5 million in the prior quarter.
- Over five years, Research & Development peaked at $9.0 million in Q2 2026 and troughed at $4.7 million in Q2 2022.
- A 5-year average of $6.4 million and a median of $6.0 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development fell 17.59% in 2022 and surged 38.69% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $5.9 million in 2022, then climbed by 2.08% to $6.0 million in 2023, then gained by 16.21% to $6.9 million in 2024, then increased by 15.5% to $8.0 million in 2025, then increased by 12.22% to $9.0 million in 2026.
- The last three Research & Development figures came in at $9.0 million (Q2 2026), $8.5 million (Q1 2026), and $8.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 75.12 Bn | 72.39 Bn | 477.30 Mn | 104.40 Mn |
| 2 | Coherent | 54.00 Bn | 52.01 Bn | 787.08 Mn | 216.38 Mn |
| 3 | Zebra Technologies | 16.48 Bn | 16.32 Bn | 825.00 Mn | 184.00 Mn |
| 4 | Littelfuse | 10.71 Bn | 10.08 Bn | 306.06 Mn | 31.04 Mn |
| 5 | Vishay Intertechnology | 4.32 Bn | 3.01 Bn | 207.38 Mn | - |
| 6 | LG Display | 3.24 Bn | 2.17 Bn | 509.35 Mn | -220.25 Mn |
| 7 | Knowles | 3.07 Bn | 3.02 Bn | 74.60 Mn | 10.60 Mn |
| 8 | Bel Fuse | 2.80 Bn | 2.49 Bn | 83.97 Mn | 9.01 Mn |
| 9 | Hesai | 2.56 Bn | 1.59 Bn | 50.88 Mn | 34.07 Mn |
| 10 | Ouster | 2.41 Bn | 2.15 Bn | 26.69 Mn | 19.34 Mn |
Historic Data
Download Data
Historic 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 | 5.98 Mn |
| Sep 30, 2023 | 5.29 Mn |
| Jun 30, 2023 | 6.01 Mn |
| Mar 31, 2023 | 5.22 Mn |
| Dec 31, 2022 | 5.86 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 |