Belden Inc. (BDC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 696.38M | 720.12M | 698.22M | 671.99M | 624.86M | 666.04M | 654.93M | 604.34M | 535.67M | 551.24M | 626.81M | 692.25M | 641.79M | 659.07M | 670.49M | 666.55M | 610.37M | 638.91M | 604.76M | 575.86M |
| Revenue Growth % | 11.44% | 8.12% | 6.61% | 11.2% | 16.65% | 20.83% | 4.49% | -12.7% | -16.53% | -16.36% | -6.52% | 3.85% | 5.15% | 3.16% | 10.87% | 15.75% | 19.99% | 28.16% | 27.09% | 35.56% |
| Cost of Goods Sold | 445.69M | 469.1M | 448.66M | 426.89M | 379.02M | 416.23M | 410.92M | 377.53M | 334.08M | 344.88M | 385.64M | 430.92M | 395.68M | 412.59M | 431.85M | 444.25M | 401.51M | 410.7M | 401.38M | 384.5M |
| COGS % of Revenue | 64% | 65.14% | 64.26% | 63.53% | 60.66% | 62.49% | 62.74% | 62.47% | 62.37% | 62.56% | 61.52% | 62.25% | 61.65% | 62.6% | 64.41% | 66.65% | 65.78% | 64.28% | 66.37% | 66.77% |
| Gross Profit | 250.68M | 251.03M | 249.56M | 245.1M | 245.84M | 249.82M | 244M | 226.81M | 201.6M | 206.37M | 241.17M | 261.33M | 246.1M | 246.48M | 238.65M | 222.31M | 208.86M | 228.21M | 203.38M | 191.35M |
| Gross Margin % | 36% | 34.86% | 35.74% | 36.47% | 39.34% | 37.51% | 37.26% | 37.53% | 37.63% | 37.44% | 38.48% | 37.75% | 38.35% | 37.4% | 35.59% | 33.35% | 34.22% | 35.72% | 33.63% | 33.23% |
| Gross Profit Growth % | 1.97% | 0.48% | 2.28% | 8.06% | 21.95% | 21.06% | 1.18% | -13.21% | -18.09% | -16.27% | 1.06% | 17.55% | 17.83% | 8.01% | 17.34% | 16.17% | 23.45% | 30.21% | 21.35% | 27.62% |
| Operating Expenses | 164.63M | 161.79M | 164.09M | 162.74M | 173.21M | 180.64M | 168.66M | 157.89M | 148.58M | 162.41M | 145.74M | 168.73M | 160.57M | 168.25M | 109M | 140.37M | 135.34M | 292.22M | 128.64M | 123M |
| OpEx % of Revenue | 23.64% | 22.47% | 23.5% | 24.22% | 27.72% | 27.12% | 25.75% | 26.13% | 27.74% | 29.46% | 23.25% | 24.37% | 25.02% | 25.53% | 16.26% | 21.06% | 22.17% | 45.74% | 21.27% | 21.36% |
| Selling, General & Admin | 135.73M | 129.53M | 130.23M | 128.8M | 131.96M | 137.36M | 126.98M | 119.5M | 110.54M | 126.41M | 118.08M | 126.64M | 121.09M | 129.89M | 110.48M | 105.2M | 103.07M | 112.37M | 95.34M | 93.57M |
| SG&A % of Revenue | 19.49% | 17.99% | 18.65% | 19.17% | 21.12% | 20.62% | 19.39% | 19.77% | 20.64% | 22.93% | 18.84% | 18.29% | 18.87% | 19.71% | 16.48% | 15.78% | 16.89% | 17.59% | 15.76% | 16.25% |
| Research & Development | 28.9M | 32.26M | 33.86M | 33.94M | 28.42M | 28.97M | 27.94M | 28.46M | 27M | 25.88M | 30.19M | 30.97M | 29.38M | 28.6M | 26.31M | 25.99M | 23.46M | 29.79M | 23.23M | 22.26M |
| R&D % of Revenue | 4.15% | 4.48% | 4.85% | 5.05% | 4.55% | 4.35% | 4.27% | 4.71% | 5.04% | 4.7% | 4.82% | 4.47% | 4.58% | 4.34% | 3.92% | 3.9% | 3.84% | 4.66% | 3.84% | 3.87% |
| Other Operating Expenses | 0 | 1 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 86.06M | 89.24M | 85.48M | 82.36M | 72.63M | 69.18M | 75.35M | 68.91M | 53.02M | 43.95M | 95.43M | 92.6M | 85.54M | 78.23M | 129.65M | 81.94M | 73.52M | -64.01M | 74.74M | 68.35M |
| Operating Margin % | 12.36% | 12.39% | 12.24% | 12.26% | 11.62% | 10.39% | 11.51% | 11.4% | 9.9% | 7.97% | 15.22% | 13.38% | 13.33% | 11.87% | 19.34% | 12.29% | 12.05% | -10.02% | 12.36% | 11.87% |
| Operating Income Growth % | 18.49% | 28.99% | 13.44% | 19.52% | 36.98% | 57.39% | -21.04% | -25.58% | -38.02% | -43.81% | -26.39% | 13.01% | 16.34% | 222.21% | 73.47% | 19.88% | 44.31% | -250.81% | 106.87% | 299% |
| EBITDA | 118.51M | 123.25M | 119.08M | 114.47M | 102.41M | 100.88M | 106.42M | 94.89M | 80.01M | 69.43M | 120.36M | 118.22M | 108.95M | 101.24M | 152.69M | 103.54M | 94.6M | -41.05M | 96.49M | 89.42M |
| EBITDA Margin % | 17.02% | 17.12% | 17.06% | 17.04% | 16.39% | 15.15% | 16.25% | 15.7% | 14.94% | 12.59% | 19.2% | 17.08% | 16.98% | 15.36% | 22.77% | 15.53% | 15.5% | -6.43% | 15.96% | 15.53% |
| EBITDA Growth % | 15.72% | 22.18% | 11.9% | 20.63% | 28% | 45.31% | -11.58% | -19.74% | -26.57% | -31.42% | -21.18% | 14.18% | 15.17% | 346.61% | 58.24% | 15.78% | 29.34% | -158.22% | 52.64% | 103.86% |
| D&A (Non-Cash Add-back) | 32.46M | 34.02M | 33.61M | 32.11M | 29.78M | 31.7M | 31.07M | 25.98M | 26.99M | 25.47M | 24.93M | 25.63M | 23.42M | 23.01M | 23.04M | 21.6M | 21.08M | 22.96M | 21.76M | 21.08M |
| EBIT | 86.06M | 89.24M | 85.48M | 82.36M | 72.19M | 68.22M | 75.64M | 69.14M | 53.25M | 44.36M | 95.76M | 93.24M | 86.03M | 79.94M | 129.67M | 83.01M | 68.33M | -35.62M | 70.01M | 69.79M |
| Net Interest Income | -13.46M | -12.49M | -11.64M | -12.2M | -10.1M | -10.85M | -10.86M | -9.02M | -7.58M | -8.03M | -8.58M | -8.81M | -8.2M | -7.98M | -9.88M | -11.28M | -14.41M | -16.05M | -16.25M | -14.87M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 13.46M | 12.49M | 11.64M | 12.2M | 10.1M | 10.85M | 10.86M | 9.02M | 7.58M | 8.03M | 8.58M | 8.81M | 8.2M | 7.98M | 9.88M | 11.28M | 14.41M | 16.05M | 16.25M | 14.87M |
| Other Income/Expense | -23.29M | -15.38M | -21.23M | -15.69M | -10.54M | -11.81M | -10.57M | -8.79M | -7.35M | -7.63M | -8.25M | -8.17M | -7.71M | -6.28M | -9.86M | -10.21M | -19.6M | 12.34M | -20.97M | -13.43M |
| Pretax Income | 62.77M | 73.86M | 64.25M | 66.67M | 62.08M | 57.37M | 64.78M | 60.13M | 45.67M | 36.32M | 87.18M | 84.43M | 77.82M | 71.95M | 119.79M | 71.73M | 53.92M | -51.67M | 53.76M | 54.92M |
| Pretax Margin % | 9.01% | 10.26% | 9.2% | 9.92% | 9.94% | 8.61% | 9.89% | 9.95% | 8.53% | 6.59% | 13.91% | 12.2% | 12.13% | 10.92% | 17.87% | 10.76% | 8.83% | -8.09% | 8.89% | 9.54% |
| Income Tax | 11.74M | 5.97M | 7.56M | 5.67M | 10.14M | -1.01M | 11.09M | 11.09M | 8.36M | -2.19M | 14.85M | 15.66M | 14.88M | 10.63M | 16.1M | 13.09M | 9.82M | -102K | 9.8M | 9.58M |
| Effective Tax Rate % | 18.71% | 8.09% | 11.77% | 8.5% | 16.34% | -1.77% | 17.12% | 18.45% | 18.31% | -6.02% | 17.03% | 18.54% | 19.12% | 14.77% | 13.44% | 18.25% | 18.22% | 0.2% | 18.23% | 17.44% |
| Net Income | 51.03M | 67.89M | 56.69M | 61.01M | 51.94M | 58.38M | 53.69M | 49.04M | 37.31M | 38.47M | 72.35M | 68.75M | 63.19M | 61.97M | 98.29M | 58.56M | 35.84M | -49.77M | 41.26M | 43.76M |
| Net Margin % | 7.33% | 9.43% | 8.12% | 9.08% | 8.31% | 8.77% | 8.2% | 8.12% | 6.97% | 6.98% | 11.54% | 9.93% | 9.85% | 9.4% | 14.66% | 8.79% | 5.87% | -7.79% | 6.82% | 7.6% |
| Net Income Growth % | -1.75% | 16.28% | 5.58% | 24.39% | 39.19% | 51.78% | -25.79% | -28.67% | -40.95% | -37.92% | -26.4% | 17.4% | 76.31% | 224.51% | 138.21% | 33.81% | 25.03% | -817.55% | 142.79% | 164.45% |
| Net Income (Continuing) | 51.03M | 67.89M | 56.69M | 61.01M | 51.94M | 58.38M | 53.69M | 49.03M | 37.31M | 38.51M | 72.33M | 68.78M | 62.95M | 61.32M | 103.69M | 58.64M | 44.1M | -51.57M | 43.96M | 45.35M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 692K | -1000K | 0 | -1000K | 1000K | -1000K | -1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 28K | 31K | 41K | 45K | 3K | 23K | 694K | 939K | 864K | 881K | 825K | 795K | 6.25M | 6.35M |
| EPS (Diluted) | 1.30 | 1.70 | 1.41 | 1.53 | 1.27 | 1.42 | 1.30 | 1.19 | 0.90 | 0.91 | 1.70 | 1.60 | 1.45 | 1.40 | 2.35 | 1.31 | 0.79 | -1.09 | 0.91 | 0.97 |
| EPS Growth % | 2.36% | 19.72% | 8.46% | 28.57% | 41.11% | 56.04% | -23.53% | -25.62% | -37.93% | -35% | -27.66% | 22.14% | 83.54% | 228.44% | 158.24% | 35.05% | 23.44% | -826.67% | 139.47% | 163.82% |
| EPS (Basic) | 1.31 | 1.73 | 1.43 | 1.54 | 1.29 | 1.45 | 1.32 | 1.21 | 0.91 | 0.93 | 1.72 | 1.62 | 1.48 | 1.43 | 2.26 | 1.32 | 0.80 | -1.11 | 0.92 | 0.98 |
| Diluted Shares Outstanding | 39.4M | 39.88M | 40.14M | 40M | 40.84M | 41.3M | 41.42M | 41.2M | 41.49M | 42.05M | 42.63M | 43.09M | 43.67M | 43.7M | 44.06M | 44.78M | 45.57M | 45.73M | 45.42M | 45.26M |
| Basic Shares Outstanding | 38.81M | 39.25M | 39.52M | 39.51M | 40.17M | 40.69M | 40.8M | 40.69M | 40.99M | 41.56M | 42.05M | 42.5M | 42.83M | 43.7M | 44.06M | 44.7M | 44.81M | 44.93M | 44.85M | 44.76M |
| Dividend Payout Ratio | 3.86% | 2.9% | 3.49% | 3.29% | 3.88% | 3.5% | 3.79% | 4.17% | 5.56% | 5.43% | 2.93% | 3.11% | 3.4% | 3.53% | 2.28% | 3.83% | 6.35% | - | 5.45% | 5.13% |