Bel Fuse

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines, with revenue of $210.7M vs. $206.6M expected and a gross margin of 39.9% vs. 39.0%. While GAAP EPS of $1.80-$1.89 missed the $2.12 mean estimate due to significant non-cash redemption value adjustments on noncontrolling interests ($6.7M), Non-GAAP performance was exceptionally strong with adjusted EPS reaching $2.76-$2.90. Q3 FY26 revenue guidance of $205M-$225M was well above the $206.6M consensus, driven by defense and data solutions demand.