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Belden BDC Smart Infrastructure Solutions — Translation impact

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Other financials

Income statement

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Revenue$696.4M+11.4%
Gross profit$258.1M+5.0%
Operating income$78.0M+7.3%
Net income$51.0M-1.8%
EPS (diluted)$1.30+2.4%

Balance sheet

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Cash & equivalents$272.2M+5.1%
Total debt$1.4B+5.4%
Total equity$1.3B+4.9%
Total assets$3.5B+5.8%

Cash flow

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Operating cash flow-$18.7M-351%
CapEx$44.4M+37.9%
Free cash flow-$63.1M-155%

Valuation

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Market cap$5.05B+10.2%
Enterprise value$6.16B+8.4%
P/E21.3×+1.0×
P/S1.8×+0.1×

Profitability

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Gross margin37.4%-0.5pp
Operating margin11.5%+0.3pp
Net margin8.5%+0.1pp
FCF margin6.5%-2.1pp

Returns & leverage

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Return on equity18.9%+1.0pp
Debt / equity1.1×0.0×
Current ratio2.1×+0.2×

Where this comes from

Reported directly by Belden in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: Belden’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 3:54 PM EST
Fiscal year
FY2025
Accession
0000913142-26-000009
Line itemSmart Infrastructure SolutionsAutomation SolutionsConsolidated
Balance at December 31, 2023$511,524$395,807$907,331
Acquisitions120,9622,620123,582
Translation impact(3,128)(9,108)(12,236)
Balance at December 31, 2024$629,358$389,319$1,018,677
Acquisition adjustments(6,976)(320)(7,296)
Translation impact7,02518,41525,440
Balance at December 31, 2025$629,407$407,414$1,036,821

Item 8. Financial Statements and Supplementary Data

FAQ

What is Belden's smart infrastructure solutions — translation impact?
Belden (BDC) reported smart infrastructure solutions — translation impact of $1.76M in Q4 2025.
How has Belden's smart infrastructure solutions — translation impact changed year-over-year?
Belden's smart infrastructure solutions — translation impact increased by 324.6% year-over-year, from -$782K to $1.76M.
What is the long-term trend for Belden's smart infrastructure solutions — translation impact?
Over 2 years (2023 to 2025), Belden's smart infrastructure solutions — translation impact has grown at a 120.3% compound annual growth rate (CAGR), from $1.45M to $7.03M.
What does smart infrastructure solutions — translation impact mean?
Measures the effect of fluctuations in foreign currency exchange rates on the segment's financial results when translating local currency operations into the reporting currency. This helps investors distinguish between organic operational performance and volatility driven by global currency markets.

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