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Side-by-side financial comparison of BELDEN INC. (BDC) and Acushnet Holdings Corp. (GOLF). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $477.2M, roughly 1.5× Acushnet Holdings Corp.). BELDEN INC. runs the higher net margin — 7.3% vs -7.3%, a 14.6% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs 7.2%). Acushnet Holdings Corp. produced more free cash flow last quarter ($-23.3M vs $-63.1M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (7.3% CAGR vs -17.9%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
The Acushnet Company is an American company focused on the golf market. The company operates a series of brands that manufacture golf equipment, clothing and accessories.
BDC vs GOLF — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $477.2M |
| Net Profit | $51.0M | $-34.9M |
| Gross Margin | 37.1% | 44.1% |
| Operating Margin | 11.2% | -3.8% |
| Net Margin | 7.3% | -7.3% |
| Revenue YoY | 11.4% | 7.2% |
| Net Profit YoY | -1.8% | -3027.3% |
| EPS (diluted) | $1.30 | $-0.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $696.4M | — | ||
| Q4 25 | $720.1M | $477.2M | ||
| Q3 25 | $698.2M | $657.7M | ||
| Q2 25 | $672.0M | $720.5M | ||
| Q1 25 | $624.9M | $703.4M | ||
| Q4 24 | $666.0M | $445.2M | ||
| Q3 24 | $654.9M | $620.5M | ||
| Q2 24 | $604.3M | $683.9M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $-34.9M | ||
| Q3 25 | $56.7M | $48.5M | ||
| Q2 25 | $61.0M | $75.6M | ||
| Q1 25 | $51.9M | $99.4M | ||
| Q4 24 | $58.4M | $-1.1M | ||
| Q3 24 | $53.7M | $56.2M | ||
| Q2 24 | $49.0M | $71.4M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 44.1% | ||
| Q3 25 | 37.7% | 48.5% | ||
| Q2 25 | 38.5% | 49.2% | ||
| Q1 25 | 39.3% | 47.9% | ||
| Q4 24 | 37.5% | 22.6% | ||
| Q3 24 | 37.3% | 54.4% | ||
| Q2 24 | 37.5% | 54.4% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | -3.8% | ||
| Q3 25 | 10.9% | 14.1% | ||
| Q2 25 | 11.8% | 15.2% | ||
| Q1 25 | 11.6% | 16.3% | ||
| Q4 24 | 10.4% | -1.2% | ||
| Q3 24 | 11.5% | 13.2% | ||
| Q2 24 | 11.4% | 15.5% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | -7.3% | ||
| Q3 25 | 8.1% | 7.4% | ||
| Q2 25 | 9.1% | 10.5% | ||
| Q1 25 | 8.3% | 14.1% | ||
| Q4 24 | 8.8% | -0.3% | ||
| Q3 24 | 8.2% | 9.1% | ||
| Q2 24 | 8.1% | 10.4% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $-0.57 | ||
| Q3 25 | $1.41 | $0.81 | ||
| Q2 25 | $1.53 | $1.25 | ||
| Q1 25 | $1.27 | $1.62 | ||
| Q4 24 | $1.41 | $0.02 | ||
| Q3 24 | $1.30 | $0.89 | ||
| Q2 24 | $1.19 | $1.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | — |
| Total DebtLower is stronger | $1.3B | $926.2M |
| Stockholders' EquityBook value | $1.3B | $783.6M |
| Total Assets | — | $2.3B |
| Debt / EquityLower = less leverage | 0.98× | 1.18× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | — | ||
| Q3 25 | $314.3M | — | ||
| Q2 25 | $301.5M | — | ||
| Q1 25 | $259.0M | — | ||
| Q4 24 | $370.3M | — | ||
| Q3 24 | $323.0M | — | ||
| Q2 24 | $564.8M | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $926.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $753.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $783.6M | ||
| Q3 25 | $1.2B | $852.3M | ||
| Q2 25 | $1.2B | $808.5M | ||
| Q1 25 | $1.2B | $780.3M | ||
| Q4 24 | $1.3B | $765.2M | ||
| Q3 24 | $1.2B | $863.9M | ||
| Q2 24 | $1.2B | $863.7M |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $2.3B | ||
| Q3 25 | $3.4B | $2.4B | ||
| Q2 25 | $3.4B | $2.4B | ||
| Q1 25 | $3.3B | $2.4B | ||
| Q4 24 | $3.3B | $2.2B | ||
| Q3 24 | $3.3B | $2.3B | ||
| Q2 24 | $3.5B | $2.3B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.98× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-338.0K |
| Free Cash FlowOCF − Capex | $-63.1M | $-23.3M |
| FCF MarginFCF / Revenue | -9.1% | -4.9% |
| Capex IntensityCapex / Revenue | 6.4% | 4.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $120.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $-338.0K | ||
| Q3 25 | $105.0M | $163.1M | ||
| Q2 25 | $82.0M | $151.9M | ||
| Q1 25 | $7.4M | $-120.3M | ||
| Q4 24 | $174.7M | $-1.1M | ||
| Q3 24 | $91.7M | $144.1M | ||
| Q2 24 | $83.0M | $211.6M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $-23.3M | ||
| Q3 25 | $65.3M | $136.9M | ||
| Q2 25 | $56.9M | $138.0M | ||
| Q1 25 | $-24.8M | $-131.5M | ||
| Q4 24 | $116.4M | $-33.2M | ||
| Q3 24 | $67.2M | $123.7M | ||
| Q2 24 | $61.0M | $196.8M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | -4.9% | ||
| Q3 25 | 9.4% | 20.8% | ||
| Q2 25 | 8.5% | 19.2% | ||
| Q1 25 | -4.0% | -18.7% | ||
| Q4 24 | 17.5% | -7.5% | ||
| Q3 24 | 10.3% | 19.9% | ||
| Q2 24 | 10.1% | 28.8% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 4.8% | ||
| Q3 25 | 5.7% | 4.0% | ||
| Q2 25 | 3.7% | 1.9% | ||
| Q1 25 | 5.2% | 1.6% | ||
| Q4 24 | 8.8% | 7.2% | ||
| Q3 24 | 3.7% | 3.3% | ||
| Q2 24 | 3.6% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | — | ||
| Q3 25 | 1.85× | 3.36× | ||
| Q2 25 | 1.34× | 2.01× | ||
| Q1 25 | 0.14× | -1.21× | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | 2.56× | ||
| Q2 24 | 1.69× | 2.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
GOLF
| Titleist Golf Equipment | $293.8M | 62% |
| Footjoy Golf Wear | $102.0M | 21% |
| Other | $45.3M | 9% |
| Golf Gear | $36.1M | 8% |
