Bel Fuse (BELFB) Gross Margin (2010 - 2026)
Bel Fuse (BELFB) reported Gross Margin of 38.99% for Q1 2026, up 36.0% year-over-year from 28.67% in Q1 2025, and down 1.11% quarter-over-quarter from 39.43% in Q4 2025.
Bel Fuse (BELFB) Gross Margin (2010 - 2026) Analysis & Trends
Bel Fuse (BELFB) has 17 years of Gross Margin data on file, last reported at 38.99% in Q1 2026.
- Gross Margin for Q1 2026 came in at 38.99%, up 36.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.22% (up 109.0% YoY), and the FY2025 annual result was 39.15%, up 131.0% from the prior year.
- Gross Margin eased to 38.99% in Q1 2026 per BELFB's latest filing, from 39.43% in the prior quarter.
- Over five years, Gross Margin peaked at 40.09% in Q2 2024 and troughed at 24.96% in Q1 2022.
- A 5-year average of 34.94% and a median of 36.56% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 718 bps in 2024, then sank 141 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 31.03% in 2022, then advanced by 18 bps to 36.56% in 2023, then advanced by 3 bps to 37.51% in 2024, then advanced by 5 bps to 39.43% in 2025, then retreated by 1 bps to 38.99% in 2026.
- Business Quant data shows BELFB's Gross Margin at 38.99% in Q1 2026, 39.43% in Q4 2025, and 39.75% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 36.75% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 36.87% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 36.78% |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 9.39% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 10.80% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 9.01% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 11.89% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 21.42% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 8.82% |
| 10 | Bel Fuse | - | - | 69.60 Mn | 38.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.99% |
| Dec 31, 2025 | 39.43% |
| Sep 30, 2025 | 39.75% |
| Jun 30, 2025 | 38.67% |
| Mar 31, 2025 | 38.64% |
| Dec 31, 2024 | 37.51% |
| Sep 30, 2024 | 36.14% |
| Jun 30, 2024 | 40.09% |
| Mar 31, 2024 | 37.53% |
| Dec 31, 2023 | 36.56% |
| Sep 30, 2023 | 34.95% |
| Jun 30, 2023 | 32.91% |
| Mar 31, 2023 | 31.14% |
| Dec 31, 2022 | 31.03% |
| Sep 30, 2022 | 28.99% |
| Jun 30, 2022 | 26.65% |
| Mar 31, 2022 | 24.96% |
| Dec 31, 2021 | 26.69% |
| Sep 30, 2021 | 24.48% |
| Jun 30, 2021 | 24.65% |