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Side-by-side financial comparison of BELDEN INC. (BDC) and HAEMONETICS CORP (HAE). Click either name above to swap in a different company.
HAEMONETICS CORP is the larger business by last-quarter revenue ($1.3B vs $696.4M, roughly 1.9× BELDEN INC.). BELDEN INC. runs the higher net margin — 7.3% vs 7.3%, a 0.0% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs 4.8%). HAEMONETICS CORP produced more free cash flow last quarter ($209.9M vs $-63.1M). Over the past eight quarters, HAEMONETICS CORP's revenue compounded faster (99.2% CAGR vs 7.3%).
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.
Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Natick, Massachusetts by Dr. Allen (Jack) Latham in the 1970s.
BDC vs HAE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2026
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $1.3B |
| Net Profit | $51.0M | $97.3M |
| Gross Margin | 37.1% | 14.9% |
| Operating Margin | 11.2% | 83.4% |
| Net Margin | 7.3% | 7.3% |
| Revenue YoY | 11.4% | 4.8% |
| Net Profit YoY | -1.8% | -42.0% |
| EPS (diluted) | $1.30 | — |
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 | $1.3B | ||
| Q4 25 | $720.1M | $339.0M | ||
| Q3 25 | $698.2M | $327.3M | ||
| Q2 25 | $672.0M | $321.4M | ||
| Q1 25 | $624.9M | $330.6M | ||
| Q4 24 | $666.0M | $348.5M | ||
| Q3 24 | $654.9M | $345.5M | ||
| Q2 24 | $604.3M | $336.2M |
| Q1 26 | $51.0M | $97.3M | ||
| Q4 25 | $67.9M | $44.7M | ||
| Q3 25 | $56.7M | $38.7M | ||
| Q2 25 | $61.0M | $34.0M | ||
| Q1 25 | $51.9M | $58.0M | ||
| Q4 24 | $58.4M | $37.5M | ||
| Q3 24 | $53.7M | $33.8M | ||
| Q2 24 | $49.0M | $38.4M |
| Q1 26 | 37.1% | 14.9% | ||
| Q4 25 | 36.6% | 59.7% | ||
| Q3 25 | 37.7% | 59.5% | ||
| Q2 25 | 38.5% | 59.8% | ||
| Q1 25 | 39.3% | 58.4% | ||
| Q4 24 | 37.5% | 55.5% | ||
| Q3 24 | 37.3% | 54.2% | ||
| Q2 24 | 37.5% | 52.0% |
| Q1 26 | 11.2% | 83.4% | ||
| Q4 25 | 12.2% | 19.9% | ||
| Q3 25 | 10.9% | 17.9% | ||
| Q2 25 | 11.8% | 16.8% | ||
| Q1 25 | 11.6% | 21.6% | ||
| Q4 24 | 10.4% | 16.9% | ||
| Q3 24 | 11.5% | 15.0% | ||
| Q2 24 | 11.4% | 11.8% |
| Q1 26 | 7.3% | 7.3% | ||
| Q4 25 | 9.4% | 13.2% | ||
| Q3 25 | 8.1% | 11.8% | ||
| Q2 25 | 9.1% | 10.6% | ||
| Q1 25 | 8.3% | 17.5% | ||
| Q4 24 | 8.8% | 10.8% | ||
| Q3 24 | 8.2% | 9.8% | ||
| Q2 24 | 8.1% | 11.4% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $0.95 | ||
| Q3 25 | $1.41 | $0.81 | ||
| Q2 25 | $1.53 | $0.70 | ||
| Q1 25 | $1.27 | $1.17 | ||
| Q4 24 | $1.41 | $0.74 | ||
| Q3 24 | $1.30 | $0.66 | ||
| Q2 24 | $1.19 | $0.74 |
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 | $245.4M |
| Total DebtLower is stronger | $1.3B | $1.2B |
| Stockholders' EquityBook value | $1.3B | $796.3M |
| Total Assets | — | $2.4B |
| Debt / EquityLower = less leverage | 0.98× | 1.53× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | $245.4M | ||
| Q4 25 | $389.9M | $363.4M | ||
| Q3 25 | $314.3M | $296.4M | ||
| Q2 25 | $301.5M | $292.9M | ||
| Q1 25 | $259.0M | $306.8M | ||
| Q4 24 | $370.3M | $320.8M | ||
| Q3 24 | $323.0M | $299.3M | ||
| Q2 24 | $564.8M | $344.4M |
| Q1 26 | $1.3B | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | $796.3M | ||
| Q4 25 | $1.3B | $911.5M | ||
| Q3 25 | $1.2B | $849.2M | ||
| Q2 25 | $1.2B | $882.3M | ||
| Q1 25 | $1.2B | $820.8M | ||
| Q4 24 | $1.3B | $906.9M | ||
| Q3 24 | $1.2B | $878.9M | ||
| Q2 24 | $1.2B | $905.4M |
| Q1 26 | — | $2.4B | ||
| Q4 25 | $3.5B | $2.5B | ||
| Q3 25 | $3.4B | $2.4B | ||
| Q2 25 | $3.4B | $2.5B | ||
| Q1 25 | $3.3B | $2.5B | ||
| Q4 24 | $3.3B | $2.5B | ||
| Q3 24 | $3.3B | $2.5B | ||
| Q2 24 | $3.5B | $2.5B |
| Q1 26 | 0.98× | 1.53× | ||
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 1.39× | ||
| Q1 25 | — | 1.49× | ||
| Q4 24 | — | — | ||
| 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 | — | $293.2M |
| Free Cash FlowOCF − Capex | $-63.1M | $209.9M |
| FCF MarginFCF / Revenue | -9.1% | 15.7% |
| Capex IntensityCapex / Revenue | 6.4% | 2.5% |
| Cash ConversionOCF / Net Profit | — | 3.01× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $417.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $293.2M | ||
| Q4 25 | $160.4M | $93.6M | ||
| Q3 25 | $105.0M | $111.3M | ||
| Q2 25 | $82.0M | $17.4M | ||
| Q1 25 | $7.4M | $116.6M | ||
| Q4 24 | $174.7M | $43.8M | ||
| Q3 24 | $91.7M | $48.8M | ||
| Q2 24 | $83.0M | $-27.4M |
| Q1 26 | $-63.1M | $209.9M | ||
| Q4 25 | $121.3M | $87.2M | ||
| Q3 25 | $65.3M | $106.3M | ||
| Q2 25 | $56.9M | $13.6M | ||
| Q1 25 | $-24.8M | $100.9M | ||
| Q4 24 | $116.4M | $35.2M | ||
| Q3 24 | $67.2M | $39.4M | ||
| Q2 24 | $61.0M | $-33.1M |
| Q1 26 | -9.1% | 15.7% | ||
| Q4 25 | 16.8% | 25.7% | ||
| Q3 25 | 9.4% | 32.5% | ||
| Q2 25 | 8.5% | 4.2% | ||
| Q1 25 | -4.0% | 30.5% | ||
| Q4 24 | 17.5% | 10.1% | ||
| Q3 24 | 10.3% | 11.4% | ||
| Q2 24 | 10.1% | -9.8% |
| Q1 26 | 6.4% | 2.5% | ||
| Q4 25 | 5.4% | 1.9% | ||
| Q3 25 | 5.7% | 1.5% | ||
| Q2 25 | 3.7% | 1.2% | ||
| Q1 25 | 5.2% | 4.7% | ||
| Q4 24 | 8.8% | 2.5% | ||
| Q3 24 | 3.7% | 2.7% | ||
| Q2 24 | 3.6% | 1.7% |
| Q1 26 | — | 3.01× | ||
| Q4 25 | 2.36× | 2.09× | ||
| Q3 25 | 1.85× | 2.88× | ||
| Q2 25 | 1.34× | 0.51× | ||
| Q1 25 | 0.14× | 2.01× | ||
| Q4 24 | 2.99× | 1.17× | ||
| Q3 24 | 1.71× | 1.44× | ||
| Q2 24 | 1.69× | -0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
