Belden Inc. reported a significant increase in financial performance for the six months ended June 29, 2025, with net income rising to $112.9 million, compared to $86.3 million for the same period in 2024. Revenue for the period reached $1.3 billion, marking a 13.8% increase from $1.14 billion in the prior year. The company's gross profit also saw a notable rise, increasing by 17.7% to $504.4 million, driven by higher sales volume, acquisitions, and favorable copper pass-through pricing. The gross profit margin improved from 37.6% to 38.9% year-over-year.
In terms of operational changes, Belden completed the acquisition of Precision Optical Technologies in June 2024, which contributed $54.2 million to revenue in the first half of 2025. The company also reported a 10.4% increase in selling, general, and administrative expenses, primarily due to the integration of acquired operations. Research and development expenses rose by 12.4%, reflecting strategic investments aimed at enhancing product offerings. The company’s total assets increased to $1.55 billion, up from $1.43 billion a year earlier.
Belden's revenue growth was supported by a 9.6% increase in Automation Solutions and a 13.1% increase in Smart Infrastructure Solutions. The Americas region accounted for the majority of revenue, contributing $876.8 million, while the EMEA and APAC regions contributed $261 million and $159 million, respectively. The company reported a total of 1,553 employees as of June 29, 2025, reflecting a stable workforce amid its growth initiatives.
Looking ahead, Belden aims to achieve mid-single-digit annual revenue growth and maintain an Adjusted EBITDA margin between 25% to 30%. The company is focused on executing a disciplined capital allocation strategy while managing its debt, which stood at $1.28 billion as of the end of the reporting period. The recent refinancing of its revolving credit facility, extending the maturity to 2030 and increasing the borrowing capacity, positions Belden to support its growth strategy and operational needs effectively.
About BELDEN INC.
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.