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R&D at other companies

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VicorVICR
$20.64M+9.8%
Littelfuse logo
LittelfuseLFUS
$31.04M+17.6%
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Magnachip SemiconductorMX
$7.9M+21.7%
Wolfspeed logo
WolfspeedWOLF
$27.2M-35.5%
ST
Sensata TechnologiesST
$31.9M-2.1%
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
$118.62M+23.2%

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$4.21B+159%
Enterprise value$4.38B+138%
P/E68.9×+37.2×
P/S+3.3×

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:ResearchAndDevelopmentExpense.

The source filing: Bel Fuse’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:42 PM EST
Fiscal year
FY2025
Accession
0001437749-26-005354
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Net sales$675,455$534,792$639,813
Cost of sales411,037332,434423,964
Gross profit264,418202,358215,849
Research and development costs30,86723,58622,487
Selling, general and administrative expenses125,828110,61699,091
Impairment of CUI tradename-400-
Restructuring (credits) charges(677)3,45910,114
Gain on sale of properties(5,701)-(3,819)

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FAQ

What is Bel Fuse's R&D?
Bel Fuse (BELFB) reported R&D of $7.72M in Q4 2025.
How has Bel Fuse's R&D changed year-over-year?
Bel Fuse's R&D increased by 30.9% year-over-year, from $5.9M to $7.72M.
What is the long-term trend for Bel Fuse's R&D?
Over 4 years (2021 to 2025), Bel Fuse's R&D has grown at a 9.0% compound annual growth rate (CAGR), from $21.89M to $30.87M.
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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