Form 8-K

8-K — BEL FUSE INC /NJ

Accession: 0001437749-26-024893

Filed: 2026-07-29

Period: 2026-07-29

CIK: 0000729580

SIC: 3677 (ELECTRONIC COILS, TRANSFORMERS & OTHER INDUCTORS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — belfa20260518_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex_964865.htm)

GRAPHIC (bel_logo.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

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2026-07-29

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2026-07-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): July 29, 2026

BELFUSE INC /NJ

BEL FUSE INC.

(Exact Name of Registrant as Specified in its Charter)

New Jersey

000-11676

22-1463699

(State of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

300 Executive Drive, Suite 300, West Orange, New Jersey

07052

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code: (201) 432-0463

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol

Name of Exchange on Which Registered

Class A Common Stock ($0.10 par value)

BELFA

Nasdaq Global Select Market

Class B Common Stock ($0.10 par value)

BELFB

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On July 29, 2026, Bel Fuse Inc. ("Bel" or the "Company") issued a press release regarding results for the three and six months ended June 30, 2026. A copy of this press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1

Press Release of Bel Fuse Inc. dated July 29 2026, related to the financial results of the Company for the three and six months ended June 30, 2026, furnished hereto.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 29, 2026

BEL FUSE INC.

(Registrant)

By:

/s/ Farouq Tuweiq

Farouq Tuweiq

President and Chief Executive Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex_964865.htm · Sequence: 2

ex_964865.htm

Exhibit 99.1

FOR IMMEDIATE RELEASE

Bel Fuse Inc.

300 Executive Drive

Suite 300

West Orange, NJ 07052

www.belfuse.com

tel 201.432.0463

Bel Reports Second Quarter and First Half 2026 Results

Provides Q3-26 Sales and Gross Margin Guidance

WEST ORANGE, NJ, Wednesday, July 29, 2026 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the second quarter and first half of 2026.

Second Quarter 2026 Highlights

•

Net sales of $210.7 million compared to $168.3 million in Q2-25. Up 25.1% from Q2-25

•

Gross profit margin of 39.9%, up from 38.7% in Q2-25

•

GAAP net earnings attributable to Bel shareholders of $25.5 million in Q2-26, compared to net earnings of $26.9 million in Q2-25. Non-GAAP net earnings attributable to Bel shareholders of $39.1 million in Q2-26, versus $21.0 million in Q2-25

•

Adjusted EBITDA of $48.9 million (23.2% of sales), compared to $35.2 million (20.9% of sales) in Q2-25

•

Raised $441.6 million in net proceeds from equity offering; paid down $197.5 million of debt

Farouq Tuweiq, President and CEO of Bel, said, “We delivered a very strong second quarter, with sales and gross margin toward the high end of our estimated ranges, driven by defense and data solutions demand and continued distribution recovery. The quarter also included several operational milestones: DataMate completed its facility transition and ERP conversion, and our Slovakia site achieved defense-manufacturer qualification to support the Enercon integration and European expansion. In addition, the team completed an equity offering, raising net proceeds of $441.6 million to pay down debt and support the remaining 20% of Enercon in early 2027, as well as future M&A and growth initiatives.”

“Bookings remained healthy, and assuming the continuation of current market conditions, we expect third-quarter 2026 sales of $205 million to $225 million and gross margin of 39% to 41%. We’re encouraged by the momentum in our end markets and believe our expanded European footprint and strong balance sheet position Bel to accelerate growth in the quarters ahead,” concluded Mr. Tuweiq.

Conference Call

Bel has scheduled a conference call for 8:30 a.m. ET on Thursday, July 30, 2026 to discuss these results. To participate in the conference call, investors should dial 877-407-0784, or 201-689-8560 if dialing internationally. The presentation will additionally be broadcast live over the Internet and will be available at https://ir.belfuse.com/events-and-presentations. The webcast will be available via replay for a period of at least 30 days at this same Internet address. For those unable to access the live call, a telephone replay will be available at 844-512-2921, or 412-317-6671 if dialing internationally, using access code 13761209 after 12:30 pm ET, also for 30 days.

About Bel

Bel (www.belfuse.com) designs, manufactures, and markets critical electronic components, systems and solutions for customers in aerospace, defense, industrial, and data-driven markets. Understanding that our customers face increasingly complex technical challenges, Bel delivers a comprehensive portfolio of solutions including power systems, high-reliability connectors and cable assemblies, circuit protection, and networking products that enable Original Equipment Manufacturers (OEMs) to bring their innovations to market. Bel partners closely with customers to deliver both customized and standard solutions tailored to their specific applications and performance requirements. With manufacturing facilities and technical support teams worldwide, Bel serves as a strategic partner to customers who require proven reliability in demanding end markets.

Company Contact:

Lynn Hutkin

Chief Financial Officer

ir@belf.com

Investor Contact:

Three Part Advisors

Jean Marie Young, Managing Director or Steven Hooser, Partner

631-418-4339

jyoung@threepa.com; shooser@threepa.com

Cautionary Language Concerning Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this release and are based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “forecast,” “outlook,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Bel’s control. Bel’s actual results could differ materially from those stated or implied in our forward-looking statements (including without limitation any of Bel’s projections) due to a number of factors, including but not limited to, the following: risks related to the protection of our intellectual property rights; difficulties associated with integrating previously acquired companies, including any unanticipated difficulties, or unexpected or higher than anticipated expenditures; the possibility that the Bel’s intended acquisition of the remaining 20% stake in Enercon is not completed, and any resulting disruptions to Bel’s business and its currently 80% owned Enercon subsidiary; trends in demand which can affect Bel’s products and results; the market concerns facing Bel’s customers, and risks for its business in the event of the loss of certain substantial customers; the continuing viability of sectors that rely on Bel’s products; the effects of business and economic conditions, and challenges impacting the macroeconomic environment generally and/or Bel’s industry specifically; the effects of energy and other input costs, and cost changes generally, including the potential impact of inflationary pressures; capacity and supply constraints or difficulties, including supply chain constraints or other challenges; the impact of public health crises; difficulties associated with the availability of labor, and the risks of any labor unrest or labor shortages; risks associated with Bel’s international operations, including its substantial manufacturing operations in China and Israel; risks related to Bel's indebtedness; risks associated with restructuring programs or other strategic initiatives, including any difficulties in implementation or realization of the expected benefits or cost savings; product development, commercialization or technological difficulties (including risks relating to artificial intelligence); the regulatory and trade environment of the countries in which Bel transacts business or that may otherwise impact Bel, its customers and/or its suppliers; risks associated with fluctuations in foreign currency exchange and interest rates; uncertainties associated with legal proceedings; the market’s acceptance of Bel’s products and competitive responses to those products; the impact of changes to U.S. and applicable foreign legal and regulatory requirements, including tax laws; and other risks detailed in Bel’s most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and in subsequent reports filed by Bel with the Securities and Exchange Commission (the “SEC”). The forward-looking statements included in this press release represent Bel’s views only as of the date of this press release, and except as required by law, Bel undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Financial Measures

The Non-GAAP financial measures identified in this press release as well as in the supplementary information to this press release (Non-GAAP net earnings attributable to Bel shareholders, Non-GAAP EPS, Non-GAAP Operating Income and Adjusted EBITDA) are not measures of performance under accounting principles generally accepted in the United States of America ("GAAP"). These measures should not be considered a substitute for, and the reader should also consider, income from operations, net earnings, earnings per share and other measures of performance as defined by GAAP as indicators of our performance or profitability. Our non-GAAP measures may not be comparable to other similarly-titled captions of other companies due to differences in the method of calculation. We present results adjusted to exclude the effects of certain unusual or special items and their related tax impact that would otherwise be included under U.S. GAAP, to aid in comparisons with other periods. We believe that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to our financial condition and results of operations. We use these non-GAAP measures to compare the Company’s performance to that of prior periods for trend analysis and for budgeting and planning purposes. We also believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing the Company’s financial measures with other similarly situated companies in our industry, many of which present similar non-GAAP financial measures to investors. Non-GAAP financial measures, such as Non-GAAP net earnings attributable to Bel shareholders, Non-GAAP EPS, Non-GAAP Operating Income and Adjusted EBITDA, adjust corresponding GAAP measures for provision for income taxes, other income/expense, net, interest income/expense, and depreciation and amortization, and also exclude, where applicable for the covered period presented in the financial statements, certain unusual or special items identified by management such as stock-based compensation, amortization of intangibles (which primarily related to the amortization of finite-lived customer relationships and technology associated with the company's historical acquisitions), unrealized foreign currency exchange (gains) losses, restructuring charges (credits), gains/losses on sales of businesses and properties, acquisition related costs (for proposed or completed transactions), earnout liability adjustments, impairment charges, noncontrolling interest ("NCI") adjustments from fair value to redemption value, write-off of deferred financing costs, and certain litigation costs. Please refer to the financial information included with this press release for reconciliations of GAAP financial measures to Non-GAAP financial measures and our explanation of why we present Non-GAAP financial measures.

Website Information

We routinely post important information for investors on our website, www.belfuse.com, in the "Investor Relations" section. We may use our website as a means of disclosing material, otherwise non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investor Relations section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

[Financial tables follow]

Bel Fuse Inc.

Supplementary Information(1)

Condensed Consolidated Statements of Operations

(in thousands, except per share amounts)

(unaudited)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Net sales

210,685

168,299

389,176

320,537

Cost of sales

126,718

103,216

235,611

196,635

Gross profit

83,967

65,083

153,565

123,902

As a % of net sales

39.9

38.7

39.5

38.7

Research and development costs

9,006

8,104

17,513

15,326

Selling, general and administrative expenses

36,285

30,914

73,015

60,421

As a % of net sales

17.2

18.4

18.8

Restructuring charges (credits)

280

100

(2,653

)

Gain on sale of properties

(4,075

)

(4,075

)

Earnout liability adjustments

233

852

Income from operations

38,419

29,860

62,085

54,883

As a % of net sales

18.2

17.7

16.0

17.1

Interest expense

(1,802

)

(3,993

)

(4,332

)

(8,145

)

Interest income

1,280

264

1,430

539

Other (expense) income, net

(137

)

7,568

(3,631

)

10,207

Earnings before income taxes

37,760

33,699

55,552

57,484

Provision for income taxes

3,785

6,906

6,593

12,369

Effective tax rate

10.0

20.5

11.9

21.5

Net earnings

33,975

26,793

48,959

45,115

As a % of net sales

16.1

15.9

12.6

14.1

Less: Net earnings attributable to noncontrolling interest

1,757

822

2,729

1,660

Redemption value adjustment attributable to noncontrolling interest

6,738

(890

)

9,371

(1,280

)

Net earnings attributable to Bel Fuse shareholders

25,480

26,861

36,859

44,735

Weighted average number of shares outstanding:

Class A common shares - basic

2,115

Class A common shares - diluted

2,115

Class B common shares - basic

11,483

10,551

11,020

10,504

Class B common shares - diluted

11,497

10,551

11,028

10,504

Net earnings per common share:

Class A common shares - basic

1.80

2.03

2.69

3.39

Class A common shares - diluted

1.79

2.03

2.68

3.39

Class B common shares - basic

1.89

2.14

2.83

3.58

Class B common shares - diluted

1.89

2.14

2.83

3.58

(1) The supplementary information included in this press release for 2026 is preliminary and subject to change prior to the filing of our upcoming Quarterly Report on Form 10-Q with the SEC.

Bel Fuse Inc.

Supplementary Information(1)

Condensed Consolidated Balance Sheets

(in thousands, unaudited)

June 30, 2026

December 31, 2025

Assets

Current assets:

Cash and cash equivalents

306,106

57,800

Accounts receivable, net

155,884

121,490

Inventories

200,226

167,270

Other current assets

36,514

38,201

Total current assets

698,730

384,761

Property, plant and equipment, net

47,051

48,428

Right-of-use assets

33,354

22,868

Goodwill and other intangible assets, net

435,799

432,787

Other assets

49,248

46,356

Total assets

1,264,182

935,200

Liabilities, redeemable noncontrolling interest and shareholders' equity

Current liabilities:

Accounts payable

87,612

52,990

Operating lease liabilities, current

8,748

8,029

Other current liabilities

59,561

66,426

Total current liabilities

155,921

127,445

Long-term debt

197,500

Operating lease liabilities long-term

25,514

15,867

Other liabilities

70,775

75,714

Total liabilities

252,210

416,526

Redeemable noncontrolling interest

102,601

93,161

Shareholders' equity

909,371

425,513

Total liabilities, redeemable noncontrolling interest and shareholders' equity

1,264,182

935,200

(1) The supplementary information included in this press release for 2026 is preliminary and subject to change prior to the filing of our upcoming Quarterly Report on Form 10-Q with the SEC.

Bel Fuse Inc.

Supplementary Information(1)

Condensed Consolidated Statements of Cash Flows

(in thousands, unaudited)

Six Months Ended

June 30,

2026

2025

Cash flows from operating activities:

Net earnings

48,959

45,115

Adjustments to reconcile net earnings to net cash provided by operating activities:

Depreciation and amortization

13,535

13,284

Stock-based compensation

5,111

2,900

Amortization of deferred financing costs

1,090

692

Deferred income taxes

(4,557

)

(861

)

Unrealized losses (gains) on foreign currency revaluation

3,786

(12,913

)

Gain on sale/disposal of property

(4,075

)

Inventory impairment

1,186

Changes in fair value of contingent consideration liabilities

852

Other, net

(622

)

1,595

Changes in operating assets and liabilities:

Increase in accounts receivable

(32,095

)

(8,203

)

Decrease (increase) in unbilled receivables

(1,400

)

Increase in inventories

(32,166

)

(122

)

Increase in other current assets

(563

)

(4,994

)

(Increase) decrease in other assets

(2,006

)

2,443

Increase in accounts payable

33,072

3,511

Decrease in accrued expenses

(4,310

)

(8,641

)

Decrease in accrued restructuring costs

(479

)

(5,075

)

Increase in income taxes payable

1,745

2,143

(Decrease) increase in other liabilities

(843

)

3,465

Net cash provided by operating activities

31,762

28,864

Cash flows from investing activities:

Purchases of property, plant and equipment

(4,890

)

(6,718

)

Proceeds from held to maturity securities

950

Investment in related party notes receivable

(778

)

Proceeds from disposal/sale of property, plant and equipment

4,867

Acquisition of business, net of cash acquired

(15,224

)

Net cash used in investing activities

(20,111

)

(1,679

)

Cash flows from financing activities:

Dividends paid to common shareholders

(1,684

)

(1,660

)

Dividends paid to noncontrolling interest

(2,661

)

Payment for contingent consideration

(3,531

)

Deferred financing costs

(681

)

Repayments under revolving line of credit

(217,500

)

(42,500

)

Borrowings under revolving line of credit

20,000

5,000

Proceeds from issuance of common stock, net

441,643

Net cash provided by (used in) financing activities

236,267

(39,841

)

Effect of exchange rate changes on cash

388

3,687

Net increase (decrease) in cash and cash equivalents

248,306

(8,969

)

Cash and cash equivalents - beginning of year

57,800

68,253

Cash and cash equivalents - end of year

306,106

59,284

Supplementary information:

Cash paid during the period for:

Income taxes, net of refunds received

10,429

11,422

Interest payments

3,816

8,188

ROU assets obtained in exchange for lease obligations

14,771

1,502

(1) The supplementary information included in this press release for 2026 is preliminary and subject to change prior to the filing of our upcoming Quarterly Report on Form 10-Q with the SEC.

Bel Fuse Inc.

Supplementary Information(1)

Segment Highlights

(dollars in thousands, unaudited)

Sales

Gross Margin

Q2-26

Q2-25

% Change

Q2-26

Q2-25

Basis Point Change

Aerospace, Defense & Rugged Solutions

110,457

91,832

20.3

41.1

41.4

(30

)

Industrial Technology & Data Solutions

100,228

76,467

31.1

38.8

36.6

220

Total

210,685

168,299

25.2

39.9

38.7

120

Sales

Gross Margin

YTD June 2026

YTD June 2025

% Change

YTD June 2026

YTD June 2025

Basis Point Change

Aerospace, Defense & Rugged Solutions

210,278

174,954

20.2

41.3

40.8

Industrial Technology & Data Solutions

178,898

145,583

22.9

37.8

36.9

Total

389,176

320,537

21.4

39.5

38.7

(1) The supplementary information included in this press release for 2026 is preliminary and subject to change prior to the filing of our upcoming Quarterly Report on Form 10-Q with the SEC.

Bel Fuse Inc.

Supplementary Information(1)

Reconciliation of GAAP Net Earnings to Non-GAAP Operating Income and Adjusted EBITDA

(in thousands, unaudited)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

GAAP Net earnings

33,975

26,793

48,959

45,115

Provision for income taxes

3,785

6,906

6,593

12,369

Other expense/income, net

137

(7,568

)

3,631

(10,207

)

Interest income

(1,280

)

(264

)

(1,430

)

(539

)

Interest expense

1,802

3,993

4,332

8,145

GAAP Operating Income

38,419

29,860

62,085

54,883

Restructuring charges (credits)

280

100

(2,653

)

Earnout liability adjustments

233

852

Stock-based compensation

3,034

1,721

5,111

2,900

Acquisition related costs

249

1,663

Amortization of inventory step-up

799

1,757

Gain on sale of properties

(4,075

)

(4,075

)

Non-GAAP Operating Income

41,959

28,585

69,811

52,812

Depreciation and amortization

6,911

6,600

13,535

13,284

Adjusted EBITDA

48,870

35,185

83,346

66,096

% of net sales

23.2

20.9

21.4

20.6

(1) The supplementary information included in this press release for 2026 is preliminary and subject to change prior to the filing of our upcoming Quarterly Report on Form 10-Q with the SEC.

Bel Fuse Inc.

Supplementary Information(1)

Reconciliation of GAAP Measures to Non-GAAP Measures

(in thousands, except per share data) (unaudited)

The following tables detail the impact that certain unusual or special items had on the Company's net earnings per common Class A and Class B basic shares ("EPS") and the line items in which these items were included on the consolidated statements of operations.

Three Months Ended June 30, 2026

Three Months Ended June 30, 2025

Reconciling Items

Earnings before taxes

Provision for income taxes

Net Earnings Attributable to Bel Fuse Shareholders

Basic Class A EPS(3)

Basic Class B EPS(3)

Earnings before taxes

Provision for income taxes

Net Earnings Attributable to Bel Fuse Shareholders

Basic Class A EPS(3)

Basic Class B EPS(3)

GAAP measures

37,760

3,785

25,480

1.80

1.89

33,699

6,906

26,861

2.03

2.14

Restructuring charges

0.00

280

232

0.02

Earnout liability adjustments

233

196

0.01

Stock-based compensation

3,034

677

2,357

0.17

1,721

354

1,367

0.10

0.11

Acquisition related costs

249

192

0.01

Redemption value adjustment on redeemable NCI

6,738

0.48

0.50

(890

)

(0.07

)

(0.07

)

Amortization of intangibles

3,941

710

3,231

0.23

0.24

3,697

647

3,050

0.23

0.24

Unrealized foreign currency exchange losses/(gains)

641

208

433

0.03

(9,250

)

(2,127

)

(7,123

)

(0.54

)

(0.57

)

Deferred financing cost write-off

640

147

493

0.03

0.04

Amortization of inventory step-up

799

184

615

0.05

Gain on sale of property

(4,075

)

(937

)

(3,138

)

(0.24

)

(0.25

)

Non-GAAP measures

46,522

5,625

39,140

2.76

2.90

26,871

5,075

20,974

1.58

1.67

Six Months Ended June 30, 2026

Six Months Ended June 30, 2025

Reconciling Items

Earnings before taxes

Provision for income taxes

Net Earnings Attributable to Bel Fuse Shareholders

Basic Class A EPS(3)

Basic Class B EPS(3)

Earnings before taxes

Provision for income taxes

Net Earnings Attributable to Bel Fuse Shareholders

Basic Class A EPS(3)

Basic Class B EPS(3)

GAAP measures

55,552

6,593

36,859

2.69

2.83

57,484

12,369

44,735

3.39

3.58

Restructuring charges/(credits)

100

0.01

(2,653

)

(323

)

(2,330

)

(0.18

)

(0.19

)

Earnout liability adjustments

852

136

716

0.05

Stock-based compensation

5,111

1,140

3,971

0.29

0.30

2,900

597

2,303

0.18

Acquisition related costs

1,663

382

1,281

0.09

0.10

Redemption value adjustment on redeemable NCI

9,371

0.68

0.72

(1,280

)

(0.10

)

(0.10

)

Amortization of intangibles

7,641

1,357

6,284

0.46

0.48

7,383

1,295

6,088

0.46

0.49

Unrealized foreign currency exchange losses/(gains)

3,786

938

2,848

0.21

0.22

(12,913

)

(2,995

)

(9,918

)

(0.75

)

(0.79

)

Deferred financing cost write-off

640

147

493

0.04

Amortization of inventory step-up

1,757

404

1,353

0.10

0.11

Gain on sale of properties

(4,075

)

(937

)

(3,138

)

(0.24

)

(0.25

)

Non-GAAP measures

75,345

10,708

61,908

4.52

4.75

49,883

10,410

37,813

2.86

3.02

(1) The supplementary information included in this press release for 2026 is preliminary and subject to change prior to the filing of our upcoming Quarterly Report on Form 10-Q with the SEC.

(2) Individual amounts of earnings per share may not agree to the total due to rounding.

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Document And Entity Information

Jul. 29, 2026

Document Information [Line Items]

Entity, Registrant Name

BELFUSE INC /NJ

Document, Type

8-K

Document, Period End Date

Jul. 29, 2026

Entity, Incorporation, State or Country Code

Entity, File Number

000-11676

Entity, Tax Identification Number

22-1463699

Entity, Address, Address Line One

300 Executive Drive, Suite 300

Entity, Address, City or Town

West Orange

Entity, Address, State or Province

Entity, Address, Postal Zip Code

07052

City Area Code

201

Local Phone Number

432-0463

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ClassACommonStock Custom [Member]

Document Information [Line Items]

Title of 12(b) Security

Class A Common Stock

Trading Symbol

BELFA

Security Exchange Name

NASDAQ

ClassBCommonStock Custom [Member]

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Class B Common Stock

Trading Symbol

BELFB

Security Exchange Name

NASDAQ

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