Bel Reports Third Quarter 2026 Results

P ovides Q4-26 Sales a d G oss Ma gi Guida ce

WEST ORANGE, N.J., Oct. 28, 2026 (GLOBE NEWSWIRE) — Bel Fuse I c. (Nasdaq: BELFA a d BELFB) (“Bel” o the “Compa y” ) today a ou ced p elimi a y fi a cial esults fo the thi d qua te of 2026.

Thi d Qua te 2026 Highlights

Fa ouq Tuweiq, P eside t a d CEO of Bel, said, “We a e pleased with ou st o g thi d qua te esults, with pe fo ma ce led by ou Data Solutio s secto , I dust ials e d ma ket, a d ac oss ou dist ibutio pa t e s. The qua te eflects mome tum ac oss key e d ma kets, suppo ted by focused executio ac oss ou global o ga izatio .”

“Looki g ahead, we expect a st o g fou th qua te , guidi g et sales of $220 millio to $240 millio a d g oss ma gi of 40.0% to 42.0%. We a e excited about how the yea is shapi g up a d emai focused o se vi g ou custome s, executi g ou g owth st ategy, a d c eati g lo g-te m value fo ou sha eholde s,” co cluded M . Tuweiq.

Co fe e ce CallBel has scheduled a co fe e ce call fo 8:30 a.m. ET o Thu sday, Octobe 29, 2026 to discuss these esults. To pa ticipate i the co fe e ce call, i vesto s should dial 877-407-0784, o 201-689-8560 if diali g i te atio ally. The p ese tatio will additio ally be b oadcast live ove the I te et a d will be available at https://i .belfuse.com/eve ts-a d-p ese tatio s. The webcast will be available via eplay fo a pe iod of at least 30 days at this same I te et add ess. Fo those u able to access the live call, a telepho e eplay will be available at 844-512-2921, o 412-317-6671 if diali g i te atio ally, usi g access code 13762729 afte 12:30 pm ET, also fo 30 days.

About BelBel (www.belfuse.com) desig s, ma ufactu es, a d ma kets c itical elect o ic compo e ts, systems a d solutio s fo custome s i ae ospace, defe se, i dust ial, a d data-d ive ma kets. U de sta di g that ou custome s face i c easi gly complex tech ical challe ges, Bel delive s a comp ehe sive po tfolio of solutio s i cludi g powe systems, high- eliability co ecto s a d cable assemblies, ci cuit p otectio , a d etwo ki g p oducts that e able O igi al Equipme t Ma ufactu e s (OEMs) to b i g thei i ovatio s to ma ket. Bel pa t e s closely with custome s to delive both customized a d sta da d solutio s tailo ed to thei specific applicatio s a d pe fo ma ce equi eme ts. With ma ufactu i g facilities a d tech ical suppo t teams wo ldwide, Bel se ves as a st ategic pa t e to custome s who equi e p ove eliability i dema di g e d ma kets.

Compa y Co tact:Ly Hutki   Chief Fi a cial Office   i @belf.com 

I vesto Co tact:Th ee Pa t Adviso sJea Ma ie You g, Ma agi g Di ecto o Steve Hoose , Pa t e 631-418-4339jyou g@th eepa.com; shoose @th eepa.com 

Cautio a y La guage Co ce i g Fo wa d-Looki g Stateme tsThis p ess elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the “safe ha bo ” p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995. These fo wa d-looki g stateme ts a e made as of the date of this elease a d a e based o cu e t expectatio s, estimates, fo ecasts a d p ojectio s as well as the beliefs a d assumptio s of ma ageme t. Wo ds such as “expect,” “a ticipate,” “should,” “believe,” “hope,” “ta get,” “p oject,” “fo ecast,” “outlook,” “goals,” “estimate,” “pote tial,” “p edict,” “may,” “will,” “might,” “could,” “i te d,” va iatio s of these te ms o the egative of these te ms a d simila exp essio s a e i te ded to ide tify these fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e subject to a umbe of isks a d u ce tai ties, ma y of which i volve facto s o ci cumsta ces that a e beyo d Bel’s co t ol. Bel’s actual esults could diffe mate ially f om those stated o implied i ou fo wa d-looki g stateme ts (i cludi g without limitatio a y of Bel’s p ojectio s) due to a umbe of facto s, i cludi g but ot limited to, the followi g: isks elated to the p otectio of ou i tellectual p ope ty ights; difficulties associated with i teg ati g p eviously acqui ed compa ies, i cludi g a y u a ticipated difficulties, o u expected o highe tha a ticipated expe ditu es; the possibility that the Bel’s i te ded acquisitio of the emai i g 20% stake i E e co is ot completed, a d a y esulti g dis uptio s to Bel’s busi ess a d its cu e tly 80% ow ed E e co subsidia y; t e ds i dema d which ca affect Bel’s p oducts a d esults; the ma ket co ce s faci g Bel’s custome s, a d isks fo its busi ess i the eve t of the loss of ce tai substa tial custome s; the co ti ui g viability of secto s that ely o Bel’s p oducts; the effects of busi ess a d eco omic co ditio s, a d challe ges impacti g the mac oeco omic e vi o me t ge e ally a d/o Bel’s i dust y specifically; the effects of e e gy a d othe i put costs, a d cost cha ges ge e ally, i cludi g the pote tial impact of i flatio a y p essu es; capacity a d supply co st ai ts o difficulties, i cludi g supply chai co st ai ts o othe challe ges; the impact of public health c ises; difficulties associated with the availability of labo , a d the isks of a y labo u est o labo sho tages; isks associated with Bel’s i te atio al ope atio s, i cludi g its substa tial ma ufactu i g ope atio s i Chi a a d Is ael; isks elated to Bel’s i debted ess; isks associated with est uctu i g p og ams o othe st ategic i itiatives, i cludi g a y difficulties i impleme tatio o ealizatio of the expected be efits o cost savi gs; p oduct developme t, comme cializatio o tech ological difficulties (i cludi g isks elati g to a tificial i tellige ce); the egulato y a d t ade e vi o me t of the cou t ies i which Bel t a sacts busi ess o that may othe wise impact Bel, its custome s a d/o its supplie s; isks associated with fluctuatio s i fo eig cu e cy excha ge a d i te est ates; u ce tai ties associated with legal p oceedi gs; the ma ket’s accepta ce of Bel’s p oducts a d competitive espo ses to those p oducts; the impact of cha ges to U.S. a d applicable fo eig legal a d egulato y equi eme ts, i cludi g tax laws; a d othe isks detailed i Bel’s most ece t A ual Repo t o Fo m 10-K fo the fiscal yea e ded Decembe 31, 2025 a d i subseque t epo ts filed by Bel with the Secu ities a d Excha ge Commissio (the “SEC”). The fo wa d-looki g stateme ts i cluded i this p ess elease ep ese t Bel’s views o ly as of the date of this p ess elease, a d except as equi ed by law, Bel u de takes o i te tio o obligatio to update o evise a y fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe wise.

No -GAAP Fi a cial Measu es

The No -GAAP fi a cial measu es ide tified i this p ess elease as well as i the suppleme ta y i fo matio to this p ess elease (No -GAAP et ea i gs att ibutable to Bel sha eholde s, No -GAAP EPS, No -GAAP Ope ati g I come, No -GAAP P ovisio fo I come Taxes a d Adjusted EBITDA) a e ot measu es of pe fo ma ce u de accou ti g p i ciples ge e ally accepted i the U ited States of Ame ica (“GAAP”). These measu es should ot be co side ed a substitute fo , a d the eade should also co side , i come f om ope atio s, p ovisio fo i come taxes,  et ea i gs, ea i gs pe sha e a d othe measu es of pe fo ma ce as defi ed by GAAP as i dicato s of ou pe fo ma ce o p ofitability. Ou o -GAAP measu es may ot be compa able to othe simila ly-titled captio s of othe compa ies due to diffe e ces i the method of calculatio . With these measu es we p ese t esults adjusted to exclude the effects of ce tai u usual o special items that occu outside the o di a y cou se of busi ess a d a e ot used by ma ageme t fo evaluati g ope ati g pe fo ma ce, as well thei elated tax impact, all of which would othe wise be i cluded u de U.S. GAAP. We believe that these o -GAAP measu es of fi a cial esults p ovide useful i fo matio to ma ageme t a d i vesto s ega di g ce tai fi a cial a d busi ess t e ds elati g to ou fi a cial co ditio a d esults of ope atio s. We use these o -GAAP measu es to compa e the Compa y’s pe fo ma ce to that of p io pe iods fo t e d a alysis a d fo budgeti g a d pla i g pu poses. We also believe that the use of these o -GAAP fi a cial measu es p ovides a additio al tool fo i vesto s to use i evaluati g o goi g ope ati g esults a d t e ds a d i compa i g the Compa y’s fi a cial measu es with othe simila ly situated compa ies i ou i dust y, ma y of which p ese t simila o -GAAP fi a cial measu es to i vesto s. No -GAAP fi a cial measu es, such as No -GAAP et ea i gs att ibutable to Bel sha eholde s, No -GAAP EPS, No -GAAP Ope ati g I come, No -GAAP P ovisio fo I come Taxes a d Adjusted EBITDA, adjust co espo di g GAAP measu es fo p ovisio fo i come taxes, othe i come/expe se, et, i te est i come/expe se, a d dep eciatio a d amo tizatio , a d also exclude, whe e applicable fo the cove ed pe iod p ese ted i the fi a cial stateme ts, ce tai u usual o special items ide tified by ma ageme t as discussed above, such as stock-based compe satio , amo tizatio of  i ve to y step-up, amo tizatio of i ta gibles (which p ima ily elated to the amo tizatio of fi ite-lived custome elatio ships a d tech ology associated with the compa y’s histo ical acquisitio s), u ealized fo eig cu e cy excha ge (gai s) losses,  est uctu i g cha ges (c edits), gai s/losses o sales of busi esses a d p ope ties (i cludi g both o -ope atio al p ope ties i Ho g Ko g a d ope atio al p ope ties elsewhe e), acquisitio elated costs (fo p oposed o completed t a sactio s), ea out liability adjustme ts, impai me t cha ges, o co t olli g i te est (“NCI”) adjustme ts f om fai value to edemptio value, w ite-off of defe ed fi a ci g costs, a d ce tai litigatio costs. Please efe to the fi a cial i fo matio i cluded with this p ess elease fo eco ciliatio s of GAAP fi a cial measu es to No -GAAP fi a cial measu es.

Website I fo matio We outi ely post impo ta t i fo matio fo i vesto s o ou website, www.belfuse.com, i the “I vesto Relatio s” sectio . We may use ou website as a mea s of disclosi g mate ial, othe wise o -public i fo matio a d fo complyi g with ou disclosu e obligatio s u de Regulatio FD. Acco di gly, i vesto s should mo ito the I vesto Relatio s sectio of ou website, i additio to followi g ou p ess eleases, SEC fili gs, public co fe e ce calls, p ese tatio s a d webcasts. The i fo matio co tai ed o , o that may be accessed th ough, ou website is ot i co po ated by efe e ce i to, a d is ot a pa t of, this docume t.

[Fi a cial tables follow]  

(1) The suppleme ta y i fo matio i cluded i this p ess elease fo 2026 is p elimi a y a d subject to cha ge p io to the fili g of ou upcomi g Qua te ly Repo t o Fo m 10-Q with the SEC.   

(1) The suppleme ta y i fo matio i cluded i this p ess elease fo 2026 is p elimi a y a d subject to cha ge p io to the fili g of ou upcomi g Qua te ly Repo t o Fo m 10-Q with the SEC.  

(1) The suppleme ta y i fo matio i cluded i this p ess elease fo 2026 is p elimi a y a d subject to cha ge p io to the fili g of ou upcomi g Qua te ly Repo t o Fo m 10-Q with the SEC.

(1) The suppleme ta y i fo matio i cluded i this p ess elease fo 2026 is p elimi a y a d subject to cha ge p io to the fili g of ou upcomi g Qua te ly Repo t o Fo m 10-Q with the SEC.

(1) The suppleme ta y i fo matio i cluded i this p ess elease fo 2026 is p elimi a y a d subject to cha ge p io to the fili g of ou upcomi g Qua te ly Repo t o Fo m 10-Q with the SEC.

Bel Fuse I c.Suppleme ta y I fo matio ⁽¹⁾Reco ciliatio of GAAP Measu es to No -GAAP Measu es(i thousa ds, except pe sha e data) (u audited)

The followi g tables detail the impact that ce tai u usual o special items had o the Compa y’s ea i gs befo e taxes, p ovisio fo i come taxes, et ea i gs att ibutable to Bel Fuse Sha eholde s, a d et ea i gs pe commo Class A a d Class B basic sha es (“EPS”), as well as the li e items i which these items we e i cluded o the co solidated stateme ts of ope atio s.

⁽¹⁾ The suppleme ta y i fo matio i cluded i this p ess elease fo 2026 is p elimi a y a d subject to cha ge p io to the fili g of ou upcomi g Qua te ly Repo t o Fo m 10-Q with the SEC.⁽²⁾ I dividual amou ts of ea i gs pe sha e may ot ag ee to the total due to ou di g.