Abstract
Bel Fuse will release its quarterly results on February 17, 2026, Post Market, and this preview consolidates the latest financial estimates and segment data to frame expectations for revenue, profitability, and earnings per share with year-over-year context.
Market Forecast
For the current quarter, Bel Fuse’s forecasts imply revenue of $172.01 million, up 36.07% year over year, with EBIT of $26.57 million, up 97.38% year over year, and adjusted EPS of 1.66, up 103.98% year over year; the company has not provided quarter-specific projections for gross margin or net margin. The revenue mix last quarter was led by Power Solutions and Protection at $94.41 million (52.75% of revenue), followed by Connectivity Solutions at $61.87 million (34.57%) and Magnetic Solutions at $22.70 million (12.69%), setting a baseline for the expected mix in this quarter. The most promising segment by absolute revenue contribution is Power Solutions and Protection at $94.41 million last quarter; segment-level year-over-year growth was not available.
Last Quarter Review
Bel Fuse reported last quarter revenue of $178.98 million, gross margin not available, GAAP net profit attributable to the parent company of $22.25 million, net profit margin not available, and adjusted EPS of 2.09, up 111.11% year over year. Revenue of $178.98 million exceeded the forecast by $7.21 million, EBIT reached $32.55 million versus an estimate of $26.76 million, and adjusted EPS of 2.09 was ahead of the 1.71 estimate; GAAP net profit declined by 17.17% sequentially, indicating a normalization from the prior quarter’s peak. The main business mix was anchored by Power Solutions and Protection at $94.41 million, Connectivity Solutions at $61.87 million, and Magnetic Solutions at $22.70 million; segment-level year-over-year comparisons were not disclosed.
Current Quarter Outlook
Main Business
Bel Fuse’s main business, as reflected in last quarter’s breakdown, has clear scale concentration, with Power Solutions and Protection accounting for more than half of revenue. For the current quarter, the company’s revenue forecast of $172.01 million compares with last quarter’s actual $178.98 million, indicating a sequential step-down while maintaining robust year-over-year growth of 36.07%. The EPS forecast of 1.66 compares to last quarter’s adjusted EPS of 2.09, and EBIT is projected at $26.57 million versus $32.55 million last quarter; that pattern suggests normalized activity and a return toward mid-cycle levels after a strong prior period. The implied operating leverage remains favorable on a year-over-year basis because projected EBIT growth of 97.38% outpaces revenue, while EPS growth of 103.98% year over year points to a model that continues to convert incremental revenue into earnings efficiently. Without explicit margin guidance, the relationship between the EPS and EBIT trajectories provides the best directional signal: profitability is expected to be higher than a year ago, albeit lower than last quarter’s peak, reflecting a balanced approach to price/mix and cost control.
Most Promising Business
In terms of absolute contribution potential, Power Solutions and Protection remains the most promising business because of its scale, posting $94.41 million last quarter; segment-level year-over-year growth data was not available. The segment’s size makes it the primary swing factor in quarterly outcomes even when aggregate company revenue changes are modest, and its performance will be central to whether the company can align the EPS forecast with investor expectations. Given the forecast dynamics at the company level—revenue up 36.07% year over year and EBIT up 97.38% year over year—the most plausible interpretation is that mix and operating efficiency are working in favor of earnings per share; the segment with the largest revenue footprint typically drives those outcomes most directly. Importantly, last quarter’s distribution across segments provides a baseline that allows monitoring for any mix shifts in the current quarter: even small percentage changes in the Power Solutions and Protection share can imply material changes in profit dollar terms. As the quarter unfolds, the measurable linkage between segment revenue distribution, company-level EBIT, and EPS should guide expectations around whether the company’s forecast can be met or exceeded.
Stock Price Drivers This Quarter
The most immediate stock price driver will be how revenue and EPS compare with the company’s projections of $172.01 million and 1.66, respectively, and how that performance stacks up against last quarter’s stronger actuals. If reported revenue and EBIT align with the forecast while adjusted EPS approaches the indicated year-over-year improvement, investor reactions may hinge on the sequential step-down narrative and management’s commentary around quarterly normalization. Should revenue and EBIT lag the estimates, investors may focus on the reasons behind the shortfall—whether mix-related or driven by timing—and the extent to which such variances could affect the path of EPS through the year; conversely, an upside surprise could reframe the quarter as a continuation of the strong prior period rather than a normalization. GAAP net profit contracted 17.17% quarter on quarter last period, so the market will also look for confirmation that this sequential compression stabilizes and that the year-over-year gains in EBIT and EPS are translating into sustainable profit. Finally, disclosure around margin components, even without precise gross or net margin figures, can offer a crucial signal: the relationship among revenue growth, EBIT growth, and EPS growth already indicates improved earnings efficiency year over year; any commentary confirming that operating costs and pricing/mix are aligned with that trajectory should support sentiment.
Analyst Opinions
Across the specified period from January 1, 2026 to February 10, 2026, we did not locate published, attributable analyst previews or ratings updates specifically focused on Bel Fuse; therefore, a bullish-versus-bearish ratio could not be established, and no majority-side view can be presented. In the absence of accessible third-party previews, expectations naturally anchor to the company’s own forecasts: revenue at $172.01 million, EBIT at $26.57 million, and adjusted EPS at 1.66, each with substantial year-over-year growth. The market’s assessment will likely revolve around whether reported figures are consistent with these forecasts and how management frames the sequential step-down from last quarter’s peak levels. Given last quarter’s outperformance versus estimates—revenue ahead by $7.21 million, EBIT above by $5.79 million, and adjusted EPS ahead by 0.38—the qualitative tone around current-quarter guidance adherence, mix, and operational efficiency will be the main proxy for the absent external analyst commentary. As a practical matter, without new analyst publications in the time window, investor interpretation will be shaped by reported numbers versus the provided forecasts and by any signals management offers about margin sustainability and earnings conversion through the year.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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