Bel Fuse (BELFB): Acquired dataMate for about $16.0M in March 2026
Q3 2026 10-Q: dataMate acquired Mar 5 for $16.0M, adding $4.8M Q3 and $10.7M 9M sales; deferred revenue up $0.7M to $10.5M.
What this filing says
Bel Fuse completed its acquisition of dataMate, an Ethernet and broadband connectivity provider, on March 5, 2026, for roughly $16.0 million subject to post-closing adjustments. The deal was funded with cash on hand and borrowings under its revolving credit facility, and dataMate's sales are reported within the Industrial Technology & Data Solutions segment. For a shareholder, the figures show a modest purchase that added revenue, though the filing excerpt does not give the pro forma results in full.
Key figures
- Acquisition consideration
- approximately $16.0 million
- dataMate net sales, three months
- $4.8 million
- dataMate net sales, nine months
- $10.7 million
- Contract liabilities at September 30, 2026
- $10.5 million
- Contract liabilities at December 31, 2025
- $9.8 million
- Shares outstanding, Class B
- 12,324,839 shares
Positive for shareholders
- The dataMate acquisition added $10.7 million of net sales in the first nine months of 2026.
Negative for shareholders
- The acquisition was partly funded by borrowing under the revolving credit facility, adding debt.
Written by Quantisnow AI from this filing. Not financial advice.
Key terms
- Pro forma:
- Financial results presented as if an acquisition had happened at an earlier date, for comparison only.
- Contract liabilities:
- Money received from customers for goods or services not yet delivered, recorded as a liability until revenue is recognized.
- ASC 805:
- The accounting standard that governs how companies record business acquisitions.
FAQ
How much did Bel Fuse pay for dataMate?
The filing states aggregate consideration of approximately $16.0 million, subject to customary post-closing adjustments.
How was the dataMate acquisition funded?
It was funded using cash on hand and borrowings under the company's senior secured revolving credit facility with KeyBank.
Historical context for BELFB
Across the 3 sessions after earlier BELFB headlines, the stock closed higher 2 times and lower 1 times, with a median move of 0.4% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | BELFB | SPY |
|---|---|---|---|
| Jul 14, 2026 | BofA Securities initiated coverage on Bel Fuse with a new price target | +6.1% | +0.4% |
| Jun 10, 2026 | Analyst initiated coverage on Bel Fuse with a new price target | +0.3% | -1.6% |
| Jan 14, 2026 | Needham reiterated coverage on Bel Fuse with a new price target | -0.4% | -0.5% |
- Market cap
- 30-day
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