Bel Fuse (BELFB) Research & Development (2019 - 2026)
Bel Fuse's Research & Development came in at $9.01 million for Q2 2026, up 11.1% from $8.1 million a year earlier and up 5.9% from the prior quarter.
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Analysis
Bel Fuse (BELFB) Research & Development (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bel Fuse reported Research & Development of $33.09 million, up 19.4% year-over-year; for FY2025, it came in at $30.9 million, up 30.9% from FY2024.
- Research & Development has increased in each of the last three years, with a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- Going back by year, Research & Development was $23.6 million in FY2024 (+4.9%), $22.5 million in FY2023 (+11.2%), $20.24 million in FY2022 (-7.6%) and $21.9 million in FY2021 (-7.2%).
- The Q2 2026 figure represents the highest quarterly Research & Development in data going back to Q1 2019.
- Year-over-year, Research & Development has increased for eight consecutive quarters, with growth averaging 22.0% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q3 2025 (growth of 38.7%), and the weakest in Q3 2022 (a decline of 17.6%).
- Business Quant data shows BELFB's Research & Development at $8.51 million (Q1 2026), $8.03 million (Q4 2025) and $7.55 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
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 |
API Access
Bel Fuse Research & Development 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=research-and-development&ticker=BELFB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BELFB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BELFB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();