179.57
+9.37%
Close of 9 Nov 2026, in USD
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About Bel Fuse
From its filings with the US Securities and Exchange Commission
Bel Fuse is based in West Orange, New Jersey and is incorporated in New Jersey. Its shares trade on Nasdaq under the ticker BELFA. The SEC classifies its business as electronic coils, transformers & other inductors. In the fiscal year to 31 December 2025, it reported revenue of $675.5m and net income of $61.5m. At that date it held total assets of $935.2m and shareholders' equity of $425.5m. By business, Power Solutions and Protection [Member] brought in 52.8% of revenue, followed by Connectivity Solutions [Member] at 34.4% and Magnetic Solutions [Member] at 12.8%.
Bel Fuse Inc. designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the defense, commercial aerospace, networking, telecommunications, computing, general industrial, high-speed data transmission, transportation and eMobility industries. Bel's portfolio of products also finds application in the automotive, medical, broadcasting and consumer electronics markets. Bel's product groups include Power Solutions and Protection (front-end, board-mount, industrial and transportation power products, module products and circuit protection), Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies), and Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components).
With more than 75 years in operation, Bel has reliably demonstrated the ability to participate in a variety of product areas across a global platform. The Company has a strong track record of technical innovation working with the engineering teams of market leaders. Bel has proven itself a valuable supplier to world-class companies by developing new products with cost effective solutions.
Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 6 Dec 1983
- Employees
- 4,964
- Website
- belfuse.com ↗
- Head office
- 300 EXECUTIVE DRIVE, WEST ORANGE, NJ, 07052
- Incorporated in
- NJ
- Classification
- Electronic Coils, Transformers & Other Inductors
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Daniel BernsteinNon-Executive Independent Chairman of the Board, since 1985$2.0m
- Mr. Farouq TuweiqPresident, Chief Executive Officer, Director, since 2021$962,365
- Ms. Lynn HutkinChief Financial Officer, Principal Accounting Officer, Treasurer, Secretary
- Mr. Joseph BerryPresident - Magnetic Solutions
- Mr. Peter BittnerPresident - Bel Connectivity Solutions$650,982
- Mr. Stephen DawsonPresident - Bel Power Solutions and Protection$920,938
- Mr. Kenneth LaiVice President - Asia Operations$733,818
- Ms. Suzanne KozlovskyGlobal Head of People$1.1m
- Mr. Peter GilbertLead Independent Director, since 2021$84,930
- Ms. Jacqueline BritoIndependent Director$81,834
- Mr. Eric NowlingIndependent Director$87,408
- Mr. Mark SegallIndependent Director$105,710
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 51
- Environment
- 16
- Social
- 60
- Governance
- 79
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Bel Fuse Inc has a strong reputation in the electronics industry due to their long-standing presence and experience.
- The company offers a diverse range of products, including connectors, magnetics, and circuit protection devices, which helps them cater to various market segments.
- Bel Fuse Inc has a global presence with a well-established network of distribution channels, enabling them to reach customers worldwide.
Weaknesses
- Bel Fuse Inc heavily depends on a few key customers, which poses a risk of revenue concentration and vulnerability to changes in their purchasing behavior.
- The company's production processes may be affected by supply chain disruptions, particularly concerning the availability of raw materials and electronic components.
- Bel Fuse Inc may face challenges in keeping up with rapid technological advancements in the electronics industry, potentially leading to obsolescence of their products.
Opportunities
- The increasing demand for renewable energy sources presents an opportunity for Bel Fuse Inc to supply electronic components for solar and wind power generation systems.
- Expansion into emerging markets, such as Asia-Pacific, can help Bel Fuse Inc tap into growing consumer electronics and automotive industries in those regions.
- The rising adoption of Internet of Things (IoT) devices creates a need for specialized connectors and circuit protection devices, which Bel Fuse Inc can capitalize on.
Threats
- Intense competition from both domestic and international electronics manufacturers may put pressure on Bel Fuse Inc's market share and profitability.
- Economic uncertainties and fluctuations in currency exchange rates can impact Bel Fuse Inc's financial performance, especially in global markets.
- Regulatory changes and compliance requirements related to environmental standards and product safety may increase costs and affect Bel Fuse Inc's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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