Bel Fuse Inc. reported preliminary financial results for the second quarter and first half of 2026. Second-quarter net sales rose 25.1% to $210.7 million, with gross margin expanding to 39.9%. GAAP net earnings attributable to shareholders were $25.5 million, while non-GAAP net earnings reached $39.1 million. The company raised $441.6 million in net proceeds from an equity offering and used the funds to pay down $197.5 million of debt. Management provided third-quarter 2026 sales guidance of $205 million to $225 million and gross margin guidance of 39% to 41%. Bel Fuse Inc. designs, manufactures, and markets critical electronic components, systems, and solutions for customers in aerospace, defense, industrial, and data-driven markets.