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Bel Fuse BELFB Operating Lease Liabilities

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Other financials

Income statement

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Revenue$178.5M+17.2%
Gross profit$66.1M+30.7%
Operating income$27.7M+72.6%
Net income$15.0M-2.6%
EPS (diluted)$1.23+49.4%

Balance sheet

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Cash & equivalents$59.4M-9.8%
Total debt$226.1M-26.1%
Total equity$438.9M+16.5%
Total assets$951.9M+62.9%

Cash flow

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Operating cash flow$13.8M+69.7%
CapEx$2.6M-5.3%
Free cash flow$11.2M+109%

Valuation

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Market cap$4.18B+152%
Enterprise value$4.35B+132%
P/E68.4×+36.0×
P/S+3.2×

Profitability

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Gross margin39.1%+1.3pp
Operating margin16.4%+4.4pp
Net margin8.7%+0.5pp
FCF margin10.6%-0.5pp

Returns & leverage

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Return on equity15%+2.2pp
Debt / equity0.5×-0.3×
Current ratio3.2×-0.1×

Where this comes from

Reported directly by Bel Fuse in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Bel Fuse’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014903
Line itemMarch 31, 2026December 31, 2025
Total current liabilities124,748127,445
Long-term Liabilities:
Long-term debt204,500197,500
Operating lease liabilities, long-term14,42015,867
Liability for uncertain tax positions17,81017,524
Minimum pension obligation and unfunded pension liability19,36019,303
Deferred income taxes28,04029,684
Other long-term liabilities7,3349,203

Item 5. [Other Information](#Item_5) [33](#Item_5)

FAQ

What is Bel Fuse's operating lease liabilities?
Bel Fuse (BELFB) reported operating lease liabilities of $14.42M in Q1 2026.
How has Bel Fuse's operating lease liabilities changed year-over-year?
Bel Fuse's operating lease liabilities decreased by 16.9% year-over-year, from $17.35M to $14.42M.
What is the long-term trend for Bel Fuse's operating lease liabilities?
Over 5 years (2020 to 2025), Bel Fuse's operating lease liabilities has grown at a 14.5% compound annual growth rate (CAGR), from $8.06M to $15.87M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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