Bel Fuse Inc. Q3 2025 Earnings Release

Bel Fuse Inc. reported its financial results for the third quarter of 2025, showcasing significant growth in net sales and gross profit margin. The company's net sales reached $179.0 million, a 44.8% increase compared to the same period in 2024. Gross profit margin improved to 39.7%, up from 36.1% in Q3 2024. GAAP net earnings attributable to Bel shareholders were $22.3 million, compared to $8.1 million in the previous year. Adjusted EBITDA stood at $39.2 million, representing 21.9% of sales. The company also provided guidance for the fourth quarter of 2025, estimating net sales between $165 million and $180 million, with gross margin expected to remain healthy in the 37% to 39% range.