BDCMEDIUM SIGNALOPPORTUNITY10-K

Belden delivered strong financial performance with double-digit growth across all key metrics while implementing a strategic organizational realignment to a unified functional operating model.

The company's robust financial results demonstrate effective execution and market positioning, with net income growing nearly 20% alongside substantial revenue expansion. The organizational restructuring to a unified functional model suggests management is optimizing operations for scale and efficiency as the business grows.

Comparing 2026-02-17 vs 2025-02-13View on EDGAR →
FINANCIAL ANALYSIS

Belden showed impressive across-the-board growth with revenue increasing 10.3% to $2.7B and net income surging 19.7% to $237.5M, indicating strong operational leverage and margin expansion. The company invested heavily in future growth with R&D spending up 14.6% to $128.8M, while inventory increased 17.3% to support higher demand levels. The balanced growth in current assets and liabilities, combined with strong profitability metrics, signals a healthy and expanding business with solid financial management.

FINANCIAL STATEMENT CHANGES
Net Income
P&L
+19.7%
$198.4M$237.5M

Net income grew 19.7% — bottom-line growth signals improving overall business health.

Operating Income
P&L
+18.5%
$266.5M$315.7M

Operating income improving — cost discipline or growing revenue base absorbing fixed costs.

Inventory
Balance Sheet
+17.3%
$343.1M$402.3M

Inventory built 17.3% — monitor whether demand supports this build or if write-downs may follow.

R&D Expense
P&L
+14.6%
$112.4M$128.8M

R&D investment increased 14.6% — signals commitment to future product development, though near-term margin impact.

Current Assets
Balance Sheet
+12.8%
$1.2B$1.3B

Current assets grew 12.8% — improving short-term liquidity or inventory/receivables build.

Current Liabilities
Balance Sheet
+12%
$622.7M$697.5M

Current liabilities rose 12% — increased short-term obligations, watch current ratio.

Gross Profit
P&L
+11.8%
$922.2M$1.0B

Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.

Revenue
P&L
+10.3%
$2.5B$2.7B

Revenue growing 10.3% — solid top-line momentum, watch margins for quality of growth.

LANGUAGE CHANGES
NEW — 2026-02-17
PRIOR — 2025-02-13
ADDED
At June 29, 2025, the aggregate market value of Common Stock of Belden Inc.
held by non-affiliates was $ 2,797,374,091 based on the closing price ($116.41) of such stock on such date.
As of February 11, 2026, there were 38,748,995 shares of the registrant s common stock outstanding.
Segments As of December 31, 2025, we operated our business under two segments Smart Infrastructure Solutions and Automation Solutions.
In 2026, we are realigning our organizational structure, moving to a unified functional operating model.
+7 more — sign up free →
REMOVED
At June 30, 2024, the aggregate market value of Common Stock of Belden Inc.
held by non-affiliates was $ 2,940,349,913 based on the closing price ($93.80) of such stock on such date.
As of February 5, 2025, there were 40,269,390 shares of the registrant s common stock outstanding.
Segments We operate our business under two segments Smart Infrastructure Solutions and Automation Solutions.
As Belden continues to advance forward with solutions focused on data infrastructure, we renamed our two reportable segments during 2024 from Enterprise Solutions and Industrial Automation Solutions to Smart Infrastructure Solutions and Automation Solutions, respectively.
+7 more — sign up free →
MORE OPPORTUNITY SIGNALS
IRIXHIGHIRIX demonstrated a dramatic operational turnaround with revenue surging 283% wh...
2026-04-02
CSAIHIGHCSAI underwent a dramatic financial transformation with revenue growing 271% to ...
2026-03-31
PLMKWHIGHPLMKW has entered into a definitive business combination agreement with Controll...
2026-03-31
LXEOHIGHLXEO achieved significant clinical milestones with positive interim data and reg...
2026-03-30
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →