BDC BELDEN INC.

FY2025 10-K
Filed: Feb 17, 2026
Materials
Drawing & Insulating of Nonferrous WireSEC EDGAR

BELDEN INC. (BDC) filed its fiscal year 2025 10-K annual report with the SEC on Feb 17, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Global supplier of complete connection solutions via two segments—Smart Infrastructure Solutions and Automation Solutions
  • New emphasis on cybersecurity with 2024 acquisition of Voleatech GmbH adding VT AIR Next Gen Firewall to Automation Solutions
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Management Discussion & Analysis

  • Revenue $2.72B, up 10.3% YoY from $2.46B in 2024; organic volume increase $154.1M, acquisitions $54.5M, copper pricing $36.7M
  • Operating income $315.7M, up 18.5% YoY from $266.5M; operating margin 11.6% vs 10.8% (calculated from operating income/revenue)
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Risk Factors

  • Regulatory/legal risk: Compliance with U.S. tariffs on imports issued in 2025 increasing costs and reducing margins
  • Geopolitical/macroeconomic risk: 42% of sales outside U.S. exposed to currency fluctuations, especially euro, yuan, peso, rupee
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Financial Summary
XBRL

Revenue

$2.7B

Net Income

$238M

Gross Margin

38.0%

Operating Margin

11.6%

Net Margin

8.7%

ROE

18.8%

Total Assets

$3.5B

EPS (Diluted)

$5.91

Operating Cash Flow

$355M

Source: XBRL data from BELDEN INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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