Companies /Technology

Belden Inc

NYSE: BDC Communication Equipment
$118.92
▲ $3.16 (+2.73%) today
Markets closed · 11:29pm ET

Q4 2025 Earnings

Reported Feb 12, 2026, 7:56am ET · SEC source
$2.08
Beat +6.40%
EPS · est. $1.95
$720.1M
Beat +3.32%
Revenue · est. $697.0M
−21.8%
Trailing market
BDC vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+4%+8%+12%Feb 12Feb 13report 7:56am ETearnings−1.4%+5.9%
0+4%+8%+12%Feb 12Feb 13earnings−1.4%+5.9%
BDC +5.9%S&P 500 −1.4%
0+5%+10%Feb 12Feb 13report 7:56am ETearnings−1.7%+5.9%
0+5%+10%Feb 12Feb 13earnings−1.7%+5.9%
BDC +5.9%NASDAQ −1.7%
0+4%+8%Feb 11Feb 19report 7:56am ETearnings−1.5%+1.4%
0+4%+8%Feb 11Feb 19earnings−1.5%+1.4%
BDC +1.4%S&P 500 −1.5%
−4%0+4%+8%Feb 11Feb 19report 7:56am ETearnings−2.0%+1.4%
−4%0+4%+8%Feb 11Feb 19earnings−2.0%+1.4%
BDC +1.4%NASDAQ −2.0%
+6.10%
Day of report
−0.85%
Next session
−3.39%
One week
−23.33%
30 days

S&P 500 over the same 30 days: −1.54%.

Did BDC Beat Earnings? Q4 2025 Results

Belden closed out fiscal 2025 on a strong note, delivering a fourth quarter that beat both top and bottom-line expectations as accelerating demand for automation infrastructure drove revenue 8.1% higher year-over-year to $720.12 million, ahead of the $696.97 million consensus. Adjusted EPS of $2.08 topped the $1.95 analyst estimate by 6.40%, with the outperformance anchored by Automation Solutions, which grew revenue 10% organically in the quarter and served as the clearest evidence of secular tailwinds around IT/OT convergence and digitization playing through the company's order book. Analysts tracking the quarter noted the accelerating adoption of integrated solutions as a defining theme of the earnings call. Looking ahead, management guided Q1 2026 revenue of $675 to $690 million and adjusted EPS of $1.65 to $1.75, reflecting typical seasonal patterns while expressing confidence that long-term demand drivers, including physical AI and data-driven efficiency, remain intact despite near-term market variability.

Key Takeaways
  • Broad-based strength in Automation Solutions with 10% organic revenue growth in Q4
  • Record orders underpinning revenue growth
  • Accelerating adoption of solutions portfolio
  • 8% year-over-year revenue growth driven by 5% organic growth and acquisitions

“2025 was a year of clear progress and broadened market traction across the business. Record orders underpinned a milestone year, delivering record revenue of $2.7 billion, up 10% year over year, and record adjusted EPS of $7.54, up 19% year over year. Performance was led by broad-based strength in Automation Solutions combined with accelerating adoption of our solutions portfolio. Consistent with our capital allocation priorities, we repurchased 1.7 million shares for $195 million during the year. We remain confidently on track to achieve our long-term targets, building on this progress to deliver sustained, profitable growth and enduring shareholder value.”

Belden CEO, on the earnings call

Forward Guidance & Outlook

For Q1 2026, Belden guided revenues of $675–$690 million, GAAP EPS of $1.21–$1.31, and Adjusted EPS of $1.65–$1.75. Management cited secular tailwinds including digitization, IT/OT convergence, physical AI, and data-driven efficiency supporting long-term demand, while acknowledging ongoing market uncertainty. Guidance reflects typical seasonal patterns and the company's confidence in managing near-term variability through its resilient business model and disciplined execution.

BDC YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$200.0M$400.0M$600.0M$666.0M$720.1MRevenue$249.8M$263.6MGross Profit$69.2M$87.5MOperating Income$58.4M$67.9MNet Income
$0$200.0M$400.0M$600.0MRevenueGross ProfitOperating IncomeNet Income

BDC Revenue by Segment

Automation Solutions$397.7M+10.0%
Smart Infrastructure Solutions$322.4M

Figures from SEC filings and company reports. Not investment advice.