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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:ResearchAndDevelopmentExpense.

The source filing: Belden’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:52 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000913142-26-000023
Line itemThree Months Ended / March 29, 2026Three Months Ended / March 30, 2025
Cost of sales(438,287)(379,021)
Gross profit258,088245,840
Selling, general and administrative expenses(138,652)(131,522)
Research and development expenses(30,089)(28,417)
Amortization of intangibles(11,388)(13,275)
Operating income77,95972,626
Interest expense, net(13,459)(10,104)
Non-operating pension cost(456)(441)

Item 1. Financial Statements

FAQ

What is Belden's R&D?
Belden (BDC) reported R&D of $30.09M in Q1 2026.
How has Belden's R&D changed year-over-year?
Belden's R&D increased by 5.9% year-over-year, from $28.42M to $30.09M.
What is the long-term trend for Belden's R&D?
Over 4 years (2021 to 2025), Belden's R&D has grown at a 9.3% compound annual growth rate (CAGR), from $90.23M to $128.76M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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