Q3 2025 Bel Fuse Inc Earnings Call Transcript

Oct 30, 2025 / 12:30 PM GMT

Release Date Price: $131.77 (-3.10%)

Transcript 10-Q8-K

Key Points

Positve

Bel Fuse Inc (BELFA) reported a 44.8% increase in sales for Q3 2025 compared to the same quarter last year, totaling $179 million.
The company's gross margin improved to 39.7% in Q3 2025, up from 36.1% in Q3 2024, driven by higher sales volumes and operational efficiencies.
Each of Bel Fuse Inc (BELFA)'s three product segments achieved double-digit organic growth over last year's third quarter.
The Power Solutions and Protection segment saw a 94% increase in sales compared to the third quarter of last year.
The company is making strategic moves to optimize its operations, such as transitioning operations from a facility in China to a subcontractor, which is expected to result in cost savings.

Negative

Bel Fuse Inc (BELFA) experienced a decrease in e-mobility sales, which were $2.2 million in Q3 2025 compared to $3.4 million in Q3 2024.
Sales into the rail market declined to $8 million in Q3 2025 from $9 million in Q3 2024.
The company faced foreign exchange pressures related to the peso and minimum wage increases in Mexico, impacting profitability.
The Connectivity Solutions segment saw a decline in sales through the distribution channel by 9.7% compared to Q3 2024.
Bel Fuse Inc (BELFA) anticipates seasonality in Q4 2025, with fewer production days due to global holidays, potentially impacting sales.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BELFA.OQ - Bel Fuse Inc
Q3 2025 Bel Fuse Inc Earnings Call
Oct 30, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good morning and welcome to the Bellfields Inc. Third quarter 2025 earnings conference call.

At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation.

If anyone requires operator assistance during the conference call, please signal the operator by pressing, then 0 on your telephone keypad.

As a reminder, this conference is being recorded.

I would now like to turn the call over to Jean Marie Young with 3 part advisor. Please go ahead.

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Unidentified_2 [2]
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