BEL FUSE INC. reported robust financial results for the nine months ended September 30, 2025, driven by the full integration of the Enercon acquisition.
Financial Performance (9 Months Ended Sept 30, 2025) Total revenue surged 30% YoY to $499.5 million, while net earnings rose 56.6% to $67.0 million. Class B diluted EPS reached $5.35 (Class A: $5.07). Gross Margin improved to 39.0% (up from 38.0%). Quarterly results reflected strong acceleration: Q3 Net Sales were $179.0 million (up 44.8%) and Class B EPS was $1.77. The company recognized a non-recurring **$5.7 million
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