Belden Inc

BDC Technology Communication Equipment

Belden Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 10.3% from fiscal 2024.

Revenue
+38.4%
EPS
−120.3%
Free cash flow
+25.3%
Total debt
+137.5%

Quarter to September 2026, against a year earlier

98.62 2.37 +2.46%
Market cap
$3.8B
P/E
21.7×
Fwd P/E
16.9×
Dividend yield
0.20%
F-score
8/9
Altman Z
3.05
Beneish M
−2.57
Dividend safety
74/100

Belden Inc (BDC) Gross margin

Alert me on Gross margin

Belden Inc's gross margin over the twelve months to 30 September 2026 was 36.8%, down 1.1 percentage points from fiscal 2025 (38.0%). Over the past ten years it has ranged from 32.9% (fiscal 2020) to 41.6% (fiscal 2016); the current reading is higher than 55% of that period. That is below the Communication Equipment industry median of 39.3% and below the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 38.0% 0.51
FY2024 37.5% (0.54)
FY2023 38.0% 2.86
FY2022 35.2% 1.61
FY2021 33.5% 0.69
FY2020 32.9% (4.38)
FY2019 37.2% (1.09)
FY2018 38.3% (0.12)
FY2017 38.4% (3.20)
FY2016 41.6% 1.88

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 35.1% (4.07)
Jun 2026 39.1% 2.08
Mar 2026 37.1% 0.46
Dec 2025 36.6% (1.10)
43 more quarters

Against its own ten years

Low 32.9% High 41.6%
Ten-year median 38.0%
Current reading's percentile 30

Gross margin against peers

Company Gross margin
DGII Digi International Inc. compare 63.8%
EXTR Extreme Networks, Inc. compare 61.9%
VIAV Viavi Solutions Inc. compare 58.9%
VISN Vistance Networks, Inc. compare 52.5%
ONDS Ondas Holdings Inc. compare 43.7%
ASTS AST SpaceMobile, Inc. compare 38.9%
BDC Belden Inc 36.8%
VSAT Viasat Inc. compare 33.2%
AAOI Applied Optoelectronics, Inc. compare 28.8%
Communication Equipment industry median 39.3%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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