Belden (BDC) Q3 FY2026 earnings: revenue $966 million, up 38.3% on the year

Belden Inc. (BDC) announced its results for Q3 FY2026, the quarter ended 27 September 2026, on 29 October 2026. Revenue was $966 million, up 38.3% on the same quarter a year earlier. Net income was -$11 million, and diluted earnings per share -$0.29. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

Revenue$966 millionup 38.3%

Net income-$11 million

Diluted EPS-$0.29$1.41 a year earlier

QuarterQ3 FY2026ended 27 September 2026

What management said

Guidance figures: 5 new.

Revenue rose 38%, organic 11%: Revenue was $966 million, up $268 million or 38%, with 11% organic growth. The reconciliation table attributes 24 points to acquisitions and 3 points to copper pass-through pricing.
GAAP loss reflected purchase accounting: Net loss was $11 million and GAAP EPS was ($0.29), against net income of $57 million and EPS of $1.41 a year earlier. Management ties the change to Ruckus and purchase accounting.
Orders topped $1 billion: Orders were $1,017 million, the first quarter above $1 billion, with book-to-bill of 1.05x. Orders rose 46% and 16% organically.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	966	750	698	+38.3%
Net income	-11.4	68.5	56.7	n/a
Diluted EPS	-$0.29	$1.74	$1.41	n/a

$ million except per share.

Q3 FY2026 is from the company's press release of 29 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right.

Quarterly results, the last 20 quarters filed

	Q3 FY2021 †	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	605	639	610	667	670	659	642	692	627	551	536	604	655	666	625	672	698	720	696	750
Cost of revenue	401	411	402	444	432	413	396	431	386	345	334	378	411	416	379	413	435	457	438	457
Gross profit	203	228	209	222	239	246	246	261	241	206	202	227	244	250	246	259	263	264	258	294
Gross margin	34%	36%	34%	33%	36%	37%	38%	38%	38%	37%	38%	38%	37%	38%	39%	38%	38%	37%	37%	39%
R&D	23.2	29.8	23.5	26.0	26.3	28.6	29.4	31.0	30.2	25.9	27.0	28.5	27.9	29.0	28.4	33.9	33.9	32.5	30.1	31.7
SG&A	95.3	112	103	105	110	130	122	127	118	126	111	119	127	137	132	132	139	131	139	148
Operating income	74.7	-64.0	73.5	81.9	130	78.2	85.5	92.6	95.4	44.0	53.0	68.9	75.3	69.2	72.6	79.2	76.3	87.5	78.0	99.3
Operating margin	12%	-10%	12%	12%	19%	12%	13%	13%	15%	8%	10%	11%	12%	10%	12%	12%	11%	12%	11%	13%
Pre-tax income	53.8	-51.7	53.9	71.7	120	72.0	77.8	84.4	87.2	36.3	45.7	60.1	64.8	57.4	62.1	66.7	64.3	73.9	62.8	85.2
Tax rate	18%	n/a	18%	18%	13%	15%	19%	19%	17%	-6%	18%	18%	17%	-2%	16%	8%	12%	8%	19%	20%
Net income	41.3	-49.8	35.8	58.6	98.3	62.0	63.2	68.8	72.3	38.5	37.3	49.0	53.7	58.4	51.9	61.0	56.7	67.9	51.0	68.5
Net margin	7%	-8%	6%	9%	15%	9%	10%	10%	12%	7%	7%	8%	8%	9%	8%	9%	8%	9%	7%	9%
Diluted EPS	$0.91	-$1.11	$0.79	$1.31	$2.23	$1.42	$1.45	$1.60	$1.70	$0.91	$0.90	$1.19	$1.30	$1.42	$1.27	$1.53	$1.41	$1.70	$1.30	$1.74
Operating cash flow	75.3	170	-58.0	49.4	87.4	202	-31.9	86.6	105	160	2.7	83.0	91.7	175	7.4	82.0	105	160	-18.7	129
Capital expenditure	24.7	35.4	11.0	20.0	19.2	54.8	13.8	18.9	29.1	54.9	24.2	22.0	24.5	58.3	32.2	25.2	39.7	39.1	44.4	40.7
Free cash flow	50.6	135	-68.9	29.3	68.1	148	-45.7	67.7	76.1	105	-21.5	61.0	67.2	116	-24.8	56.9	65.3	121	-63.1	88.6
Dividends paid	2.2	2.3	2.3	2.2	2.2	2.2	2.1	2.1	2.1	2.1	2.1	2.0	2.0	2.0	2.0	2.0	2.0	2.0	2.0	2.0
Shares outstanding	45m	45m	44m	44m	43m	43m	43m	42m	42m	41m	41m	41m	40m	40m	39m	40m	39m	39m	39m	39m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 27 September 2026, filed with the SEC on 29 October 2026 with a Form 8-K: the release.