BELFA · XBRL financial data

Bel Fuse financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BELFA's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	465,771	543,494	654,233	639,813	534,792	675,455
Cost of goods and services sold	346,041	409,111	470,780	423,964	332,434	411,037
Gross profit	119,730	134,383	183,453	215,849	202,358	264,418
Research and development	23,611	21,891	20,238	22,487	23,586	30,867
Selling, general and administrative	78,704	86,612	92,342	99,091	110,616	125,828
Operating income (loss)	18,667	31,257	65,147	87,976	64,297	110,996
Interest expense	4,746	3,542	3,379	2,850	4,078	14,751
Other income (expense)	—	—	(2,886)	(4,503)	(3,165)	10,857
Income tax expense (benefit)	(659)	2,506	6,370	9,469	12,616	20,939
Net income (loss)	12,795	24,821	52,689	73,831	40,960	61,536

Fiscal years (BELFA's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	84,939	61,756	70,266	89,371	68,253	57,800
Accounts receivable	71,372	87,135	107,274	84,129	111,376	121,490
Inventory	100,133	139,383	172,465	136,540	161,370	167,270
Total current assets	280,216	329,016	381,408	381,478	373,530	384,761
Property and equipment, net	34,501	38,210	36,833	36,533	47,879	48,428
Right-of-use asset	14,217	21,252	21,551	20,481	25,125	22,868
Goodwill	23,966	26,651	25,099	26,642	208,036	214,821
Total assets	453,866	511,846	560,466	571,631	949,789	935,200
Accounts payable	39,774	65,960	64,589	40,441	49,182	52,990
Accrued liabilities	28,476	34,453	50,873	54,657	53,031	49,710
Current portion of long-term debt	5,286	0	—	—	—	—
Total current liabilities	87,536	112,012	136,304	110,609	128,069	127,445
Long-term debt	110,294	112,500	95,000	60,000	287,500	197,500
Lease liability, non-current	8,064	14,668	15,742	14,212	17,763	15,867
Total liabilities	268,067	303,103	298,120	231,073	508,627	416,526
Retained earnings	166,491	187,935	237,188	307,510	345,031	403,102
Total stockholders' equity	185,799	208,743	262,346	340,558	360,576	425,513
Total liabilities and equity	453,866	511,846	560,466	571,631	949,789	935,200

Fiscal years (BELFA's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	12,795	24,821	52,689	73,831	40,960	61,536
Stock-based compensation	2,318	2,300	2,382	3,486	3,740	6,813
Depreciation and amortization	16,423	16,861	14,863	13,312	16,457	26,592
Net cash from operating activities	46,108	4,632	40,257	108,349	74,064	80,612
Purchases of property and equipment	5,476	9,397	8,832	12,126	14,108	12,002
Net cash from investing activities	(1,515)	(18,878)	(6,999)	(53,535)	(297,893)	(3,248)
Share repurchases	0	0	349	105	16,053	0
Dividends paid	3,363	3,379	3,413	3,492	3,453	3,465
Proceeds from long-term debt	—	—	—	0	0	8,000
Repayments of long-term debt	8,179	104,846	0	—	—	—
Net cash from financing activities	(32,142)	(8,400)	(21,262)	(38,597)	206,258	(94,146)
Net change in cash	12,650	(23,183)	8,510	19,105	(21,118)	(10,453)

SIC 3677 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3677 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Bel Fuse	333,122	220,510	34,194*	not reported	—	Q3 FY26 10-QSep 30, 2026
Navitas Semiconductor	531,479	13,991	(18,557)*	not reported	23.4 quarters	Q3 FY26 10-QSep 30, 2026
CTS	143,880	149,583	43,522*	28.5M	—	Q3 FY26 10-QSep 30, 2026
Maxlinear	81,085	218,057	(13,590)*	91.0M	8.9 quarters	Q3 FY26 10-QSep 30, 2026
Penguin Solutions	647,208	566,685	(163,136)*	60.2M	4.0 quarters	Q4 FY26 10-KAug 28, 2026
Benchmark Electronics	290,656	834,066	29,912*	35.8M	—	Q3 FY26 10-QSep 30, 2026
Vicor	513,137	197,114	50,167*	not reported	—	Q3 FY26 10-QSep 30, 2026
Ultra Clean Holdings	270,900	759,000	(42,300)*	48.0M	5.0 quarters	Q3 FY26 10-QSep 25, 2026
Cerebras Systems	6,742,157	180,110	(59,823)*	not reported	132.4 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.