Bel Fuse earnings rose in the third quarter of 2026 as net sales increased 23.2% from a year earlier to $220.5 million. The electronic components company also forecast fourth-quarter sales of $220 million to $240 million.

Bel Fuse earnings and quarterly sales

Net earnings attributable to Bel shareholders rose to $26.3 million from $22.3 million in the third quarter of 2025. Gross profit margin increased to 40.9% from 39.7%, while adjusted EBITDA rose to $52.5 million from $39.2 million.

CEO Farouq Tuweiq said performance was led by the Data Solutions sector, the industrials end market and distribution partners. Bel’s product portfolio includes power supplies, connectivity components, magnetics and circuit-protection products.

The results, announced October 28, are preliminary and subject to change before Bel files its quarterly report with the U.S. Securities and Exchange Commission. Adjusted EBITDA is a non-GAAP measure and should be considered alongside GAAP results.

Nine-month results and fourth-quarter outlook

For the nine months ended September 30, net sales rose to $609.7 million from $499.5 million a year earlier. Net earnings attributable to Bel shareholders fell to $63.1 million from $67.0 million.

For the fourth quarter, management expects a gross margin of 40.0% to 42.0%, alongside its sales forecast. Those figures are guidance rather than completed results.

Next milestone

Bel scheduled a conference call to discuss the results for October 29, 2026, at 8:30 a.m. Eastern time.

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