Bel Fuse Inc. (BELFB) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 13.83M | 29.57M | 22.18M | 20.72M | 8.15M | 8.34M | 27.33M | 32.19M | 6.15M | 26.92M | 40.77M | 23.82M | 16.84M | 16.19M | 12.92M | 18.89M | -7.75M | 6.35M | 209K | -3.69M |
| Operating CF Margin % | 7.75% | 16.81% | 12.39% | 12.31% | 5.35% | 5.57% | 22.11% | 24.17% | 4.8% | 19.23% | 25.69% | 14.11% | 9.77% | 9.57% | 7.27% | 11.08% | -5.67% | 4.31% | 0.14% | -2.66% |
| Operating CF Growth % | 69.73% | 254.36% | -18.86% | -35.65% | 32.47% | -69.01% | -32.95% | 35.15% | -63.47% | 66.32% | 215.48% | 26.08% | 317.28% | 155.09% | 6083.25% | 612.17% | -538.73% | -44.03% | -98.83% | -141.99% |
| Net Income | 11.38M | -5.45M | 22.55M | 26.79M | 18.32M | 6.43M | 8.08M | 18.81M | 15.87M | 12.04M | 19.45M | 27.77M | 14.57M | 14.04M | 16.55M | 17.04M | 5.06M | 8.01M | 5.73M | 7.88M |
| Depreciation & Amortization | 6.62M | 6.66M | 6.65M | 6.6M | 6.68M | 5.7M | 3.64M | 3.44M | 3.68M | 3.35M | 3.39M | 3.33M | 3.24M | 3.26M | 3.29M | 4.01M | 4.3M | 4.35M | 4.04M | 4.33M |
| Stock-Based Compensation | 2.08M | 0 | 1.76M | 1.72M | 1.18M | 958K | 1.01M | 971K | 804K | 774K | 861K | 949K | 902K | 710K | 585K | 511K | 576K | 548K | 554K | 598K |
| Deferred Taxes | -2.75M | -343K | 2.58M | 551K | -1.41M | -901K | -2.44M | -1.25M | -1.68M | 1.02M | -1.77M | -1.99M | -1.14M | 519K | -2.15M | -2.51M | -451K | 565K | -700K | 528K |
| Other Non-Cash Items | -3.5M | 28.48M | -1.28M | -10.81M | -3.89M | 2.02M | 1.56M | 1.02M | -692K | 2.39M | 242K | -6.07M | 697K | 1.05M | -1.45M | -125K | -124K | 511K | 1.15M | 1.83M |
| Working Capital Changes | 0 | 227K | -10.09M | -4.13M | -12.74M | -5.87M | 15.48M | 9.22M | -11.84M | 7.36M | 18.59M | -177K | -1.44M | -3.39M | -3.9M | -31K | -17.11M | -7.63M | -10.56M | -18.86M |
| Change in Receivables | 3.82M | 3.88M | -7.63M | -17.22M | 7.62M | -14.87M | 6.16M | 5.32M | 4.37M | 14.43M | 12.17M | 2.92M | 1.86M | 7.5M | -10.46M | -6.01M | 1.02M | -1.27M | -9.12M | -12.77M |
| Change in Inventory | 0 | -759K | -1.53M | 2.34M | -2.46M | 2.85M | 4.29M | 2.28M | 5.69M | 4.3M | 15.84M | 5.82M | 7.65M | -4.02M | -7.29M | -8.94M | -16.34M | -11.17M | -12.47M | -9.07M |
| Change in Payables | 0 | -1.59M | 519K | 6.88M | -3.37M | 3.44M | 724K | 3.55M | -7.58M | -4.07M | -7.13M | -6.71M | -4.83M | -3.36M | -1.44M | 7.52M | -1.19M | 8.16M | 4.73M | 10.26M |
| Cash from Investing | -17.87M | -2.4M | 829K | 1.39M | -3.06M | -297.31M | 25.38M | -10.38M | -15.58M | -42.46M | -4.45M | 7.09M | -13.71M | -3.22M | -320K | -1.51M | -1.95M | -5.16M | -1.2M | -3.28M |
| Capital Expenditures | -2.64M | -3.42M | -1.86M | -3.93M | -2.79M | -6.2M | -3.63M | -1.35M | -2.93M | -2.47M | -2.58M | -3.32M | -3.76M | -3.22M | -2.07M | -1.51M | -2.04M | -5.24M | -1.69M | -1.26M |
| CapEx % of Revenue | 1.48% | 1.95% | 1.04% | 2.33% | 1.83% | 4.14% | 2.93% | 1.01% | 2.29% | 1.76% | 1.62% | 1.97% | 2.18% | 1.9% | 1.16% | 0.88% | 1.49% | 3.56% | 1.15% | 0.91% |
| Acquisitions | -15.22M | 41K | 0 | 0 | 0 | -320.48M | 7K | 0 | 0 | -307K | -135K | 5.2M | -9.97M | 0 | 0 | 0 | 0 | 0 | 0 | -2.05M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 3.64M | 5.31M | -275K | 780K | -426K | -104K | -300K | -39.69M | -1.74M | 5.21M | 25K | 0 | 1.75M | 0 | 87K | 81K | 493K | 32K |
| Cash from Financing | 6.16M | -28.47M | -25.83M | -31.51M | -8.33M | 225.13M | -3.02M | -8.73M | -7.12M | -1.11M | -832K | -40.83M | 4.17M | -15.94M | -3.32M | -1.17M | -823K | -932K | -2.86M | -2.3M |
| Debt Issued (Net) | 0 | -27.5M | -25M | -30M | -7.5M | 227.5M | 0 | 0 | 0 | 0 | 0 | -40M | 5M | -15M | -2.5M | 0 | 0 | 0 | -1.37M | -1.49M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | -1.88M | -7.89M | -6.28M | -105K | 0 | 0 | 0 | 0 | 0 | -349K | 0 | 0 | 0 | 0 |
| Dividends Paid | -840K | -971K | -834K | -831K | -829K | -966K | -813K | -837K | -837K | -1M | -832K | -829K | -829K | -943K | -824K | -823K | -823K | -932K | -817K | -815K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -1.88M | -7.89M | -6.28M | -105K | 0 | 0 | 0 | 0 | 0 | -349K | 0 | 0 | 0 | 0 |
| Other Financing | 7M | 0 | 0 | -681K | 0 | -1.41M | -330K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -675K | 0 |
| Net Change in Cash | 1.65M | 57K | -1.54M | -6.64M | -2.33M | -66.01M | 49.29M | 13.66M | -18.05M | -10.85M | 35.17M | -12.79M | 7.57M | -629K | 5.07M | 14.6M | -10.52M | -205K | -4.46M | -7.62M |
| Free Cash Flow | 11.19M | 26.14M | 20.32M | 16.79M | 5.36M | 2.14M | 23.75M | 30.84M | 3.22M | 24.46M | 38.19M | 20.5M | 13.07M | 12.97M | 10.86M | 17.39M | -9.79M | 1.1M | -1.48M | -4.95M |
| FCF Margin % | 6.27% | 14.86% | 11.35% | 9.98% | 3.52% | 1.43% | 19.21% | 23.16% | 2.51% | 17.47% | 24.07% | 12.15% | 7.59% | 7.66% | 6.11% | 10.19% | -7.16% | 0.75% | -1.01% | -3.57% |
| FCF Growth % | 108.79% | 1120.54% | -14.43% | -45.57% | 66.31% | -91.24% | -37.82% | 50.46% | -75.36% | 88.59% | 251.76% | 17.9% | 233.57% | 1075.7% | 833.58% | 451.2% | -1838.54% | -89.36% | -109.02% | -164.83% |
| FCF per Share | 0.90 | 2.12 | 1.62 | 1.34 | 0.44 | 0.17 | 1.89 | 2.51 | 0.26 | 1.92 | 2.99 | 1.60 | 1.02 | 1.03 | 0.87 | 1.39 | -0.78 | 0.09 | -0.12 | -0.40 |
| FCF Conversion (FCF/Net Income) | 1.22x | -5.43x | 1.00x | 0.77x | 0.46x | -4.64x | 3.38x | 1.71x | 0.39x | 2.24x | 2.10x | 0.86x | 1.16x | 1.15x | 0.78x | 1.11x | -1.53x | 0.79x | 0.04x | -0.47x |
| Interest Paid | 0 | 0 | 0 | 3.98M | 4.21M | 2.79M | 1.02M | 1M | 981K | 991K | 976K | 1.35M | 1.42M | 1.24M | 1.02M | 644K | 461K | 457K | 509K | 547K |
| Taxes Paid | 0 | 0 | 0 | 9.14M | 2.28M | 7.4M | 7.28M | 7.3M | 978K | 6.91M | 7.79M | 9.38M | 976K | 7.12M | 2.88M | 3.46M | 1.15M | 848K | -12K | 1.46M |