BEL FUSE INC /NJ
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $675.5M | $534.8M | $639.8M | $654.2M | $543.5M | $465.8M | $492.4M | $548.2M |
| Cost of Revenue | $411.0M | $332.4M | $424.0M | $470.8M | $409.1M | $346.0M | $382.4M | $408.9M |
| Gross Profit | $264.4M | $202.4M | $215.8M | $183.5M | $134.4M | $119.7M | $110.0M | $139.3M |
| Gross Margin | 39.1% | 37.8% | 33.7% | 28.0% | 24.7% | 25.7% | 22.3% | 25.4% |
| Operating Expenses | ||||||||
| Research & Development | $30.9M | $23.6M | $22.5M | $20.2M | $21.9M | $23.6M | $26.9M | $29.5M |
| SG&A Expense | $125.8M | $110.6M | $99.1M | $92.3M | $86.6M | $78.7M | $77.4M | $82.6M |
| Operating Income | $111.0M | $64.3M | $88.0M | $65.1M | $31.3M | $18.7M | $-1.6M | $26.9M |
| Operating Margin | 16.4% | 12.0% | 13.8% | 10.0% | 5.8% | 4.0% | -0.3% | 4.9% |
| Interest Expense | — | — | $2.9M | $3.4M | $3.5M | $4.7M | $5.4M | $5.3M |
| Pretax Income | $95.1M | $61.8M | $83.3M | $59.1M | $27.3M | $12.1M | $-7.3M | $23.6M |
| Income Tax Expense | $20.9M | $12.6M | $9.5M | $6.4M | $2.5M | $-659.0K | $1.4M | $2.9M |
| Net Income | $61.5M | $41.0M | $73.8M | $52.7M | $24.8M | $12.8M | $-8.7M | $20.7M |
| Net Margin | 9.1% | 7.7% | 11.5% | 8.1% | 4.6% | 2.7% | -1.8% | 3.8% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |