Bel Fuse annual operating expenses
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Bel Fuse Operating Expenses Growth & History (BELFA)
Bel Fuse's operating expenses was $153.4M for fiscal 2025.
View full Bel Fuse company overviewBel Fuse annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $153.4M | $15.4M | +11.13% |
| 2024 | 2024-12-31 | $138.1M | $10.2M | +7.97% |
| 2023 | 2023-12-31 | $127.9M | $9.6M | +8.09% |
| 2022 | 2022-12-31 | $118.3M | $15.2M | +14.72% |
| 2021 | 2021-12-31 | $103.1M | $2.1M | +2.04% |
| 2020 | 2020-12-31 | $101.1M | −$10.5M | −9.42% |
| 2019 | 2019-12-31 | $111.6M | −$741,000 | −0.66% |
| 2018 | 2018-12-31 | $112.3M | $27.3M | +32.19% |
| 2017 | 2017-12-31 | $85.0M | −$91.5M | −51.84% |
| 2016 | 2016-12-31 | $176.4M | $96.2M | +119.90% |
| 2015 | 2015-12-31 | $80.2M | $6.3M | +8.59% |
| 2014 | 2014-12-31 | $73.9M | — | — |
| 2011 | 2011-12-31 | $43.0M | −$5.2M | −10.83% |
| 2010 | 2010-12-31 | $48.2M | $9.5M | +24.69% |
| 2009 | 2009-12-31 | $38.6M | — | — |
Bel Fuse quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $45.5M | $10.3M | +29.31% |
| Q1 2026 | 2026-03-31 | $45.9M | $12.1M | +35.91% |
| Q4 2025 | 2025-12-31 | $43.6M | −$234,000 | −0.53% |
| Q3 2025 | 2025-09-30 | $40.8M | $7.6M | +22.79% |
| Q2 2025 | 2025-06-30 | $35.2M | $4.5M | +14.46% |
| Q1 2025 | 2025-03-31 | $33.8M | $3.6M | +11.82% |
| Q4 2024 | 2024-12-31 | $43.8M | $9.1M | +26.26% |
| Q3 2024 | 2024-09-30 | $33.2M | $2.3M | +7.36% |
| Q2 2024 | 2024-06-30 | $30.8M | $2.6M | +9.21% |
| Q1 2024 | 2024-03-31 | $30.2M | −$3.8M | −11.17% |
| Q4 2023 | 2023-12-31 | $34.7M | $575,000 | +1.68% |
| Q3 2023 | 2023-09-30 | $31.0M | $1.5M | +5.02% |
| Q2 2023 | 2023-06-30 | $28.2M | −$479,000 | −1.67% |
| Q1 2023 | 2023-03-31 | $34.0M | $8.0M | +30.69% |
| Q4 2022 | 2022-12-31 | $34.1M | $5.5M | +19.17% |
| Q3 2022 | 2022-09-30 | $29.5M | $2.4M | +8.75% |
| Q2 2022 | 2022-06-30 | $28.7M | $1.1M | +3.95% |
| Q1 2022 | 2022-03-31 | $26.0M | $6.2M | +31.45% |
| Q4 2021 | 2021-12-31 | $28.6M | $4.9M | +20.61% |
| Q3 2021 | 2021-09-30 | $27.1M | $1.9M | +7.58% |
| Q2 2021 | 2021-06-30 | $27.6M | $2.3M | +9.23% |
| Q1 2021 | 2021-03-31 | $19.8M | −$7.1M | −26.31% |
| Q4 2020 | 2020-12-31 | $23.8M | −$4.4M | −15.54% |
| Q3 2020 | 2020-09-30 | $25.2M | −$8.7M | −25.56% |
| Q2 2020 | 2020-06-30 | $25.2M | $3.0M | +13.46% |
| Q1 2020 | 2020-03-31 | $26.9M | −$478,000 | −1.75% |
| Q4 2019 | 2019-12-31 | $28.1M | −$26.4M | −48.45% |
| Q3 2019 | 2019-09-30 | $33.8M | $15.1M | +80.91% |
| Q2 2019 | 2019-06-30 | $22.2M | $3.9M | +21.24% |
| Q1 2019 | 2019-03-31 | $27.4M | $6.7M | +32.18% |
| Q4 2018 | 2018-12-31 | $54.6M | $33.4M | +157.49% |
| Q3 2018 | 2018-09-30 | $18.7M | −$2.2M | −10.51% |
| Q2 2018 | 2018-06-30 | $18.3M | −$3.5M | −16.07% |
| Q1 2018 | 2018-03-31 | $20.7M | −$312,000 | −1.49% |
| Q4 2017 | 2017-12-31 | $21.2M | $4.2M | +25.04% |
| Q3 2017 | 2017-09-30 | $20.9M | $3.6M | +21.08% |
| Q2 2017 | 2017-06-30 | $21.9M | $6.1M | +38.99% |
| Q1 2017 | 2017-03-31 | $21.0M | −$105.5M | −83.39% |
| Q4 2016 | 2016-12-31 | $16.9M | −$4.3M | −20.25% |
| Q3 2016 | 2016-09-30 | $17.3M | −$2.8M | −14.12% |
| Q2 2016 | 2016-06-30 | $15.7M | −$5.4M | −25.49% |
| Q1 2016 | 2016-03-31 | $126.5M | $108.7M | +611.93% |
| Q4 2015 | 2015-12-31 | $21.2M | −$3.8M | −15.15% |
| Q3 2015 | 2015-09-30 | $20.1M | −$131.6M | −86.74% |
| Q2 2015 | 2015-06-30 | $21.1M | −$74.6M | −77.95% |
| Q1 2015 | 2015-03-31 | $17.8M | $6.6M | +58.78% |
| Q4 2014 | 2014-12-31 | $25.0M | $14.2M | +131.34% |
| Q3 2014 | 2014-09-30 | $151.7M | $139.4M | +1133.08% |
| Q2 2014 | 2014-06-30 | $95.7M | $82.1M | +603.60% |
| Q1 2014 | 2014-03-31 | $11.2M | $666,000 | +6.33% |
| Q4 2013 | 2013-12-31 | $10.8M | −$3.5M | −24.35% |
| Q3 2013 | 2013-09-30 | $12.3M | $593,000 | +5.07% |
| Q2 2013 | 2013-06-30 | $13.6M | $3.8M | +38.71% |
| Q1 2013 | 2013-03-31 | $10.5M | $1.5M | +17.04% |
| Q4 2012 | 2012-12-31 | $14.3M | $5.1M | +55.98% |
| Q3 2012 | 2012-09-30 | $11.7M | $1.6M | +15.91% |
| Q2 2012 | 2012-06-30 | $9.8M | −$3.8M | −28.12% |
| Q1 2012 | 2012-03-31 | $9.0M | −$1.1M | −10.60% |
| Q4 2011 | 2011-12-31 | $9.2M | — | — |
| Q3 2011 | 2011-09-30 | $10.1M | −$693,000 | −6.42% |
| Q2 2011 | 2011-06-30 | $13.6M | $3.4M | +32.59% |
| Q1 2011 | 2011-03-31 | $10.1M | — | — |
| Q3 2010 | 2010-09-30 | $10.8M | — | — |
| Q2 2010 | 2010-06-30 | $10.3M | — | — |
Bel Fuse operating expenses trends
Over the last five fiscal years, Bel Fuse's operating expenses increased from $101.1M to $153.4M, a change of $52.4M. The latest reported quarter, Q2 2026, shows $45.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bel Fuse source filings ↗