Fox Factory Holding Corp. (FOXF) Balance Sheet
FOXF balance sheet, 2025
December 31, 2025 · U.S. dollars$1.67B assets = $1.00B liabilities + $670.0M equity
Both columns are drawn to the same scale: what FOXF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FOXF financial health
Descriptive bands, not a rating. Fiscal 2025.
FOXF balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $335.6M2016 | $1.67B2025 | +19.5%/yr | |
| Total liabilities | $150.7M2016 | $1.00B2025 | +23.4%/yr | |
| Shareholders’ equity | $184.9M2016 | $670.2M2025 | +15.4%/yr | |
| Cash & short-term investments | $35.3M2016 | $58.0M2025 | +5.7%/yr | |
| Total debt | $66.7M2016 | $779.5M2025 | +31.4%/yr | |
| Net cash (debt) | −$31.4M2016 | −$721.5M2025 | −$690.1M | |
| Working capital | $95.9M2016 | $485.4M2025 | +$389.5M | |
| Book value per share | $4.892016 | $16.032025 | +14.1%/yr | |
| Current ratio | 2.102016 | 2.862025 | +0.76 | |
| Debt / equity | 0.362016 | 1.162025 | +0.80 | |
| Shares outstanding | 37.8M2016 | 41.8M2025 | +1.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FOXF assets
FOXF liabilities and equity
FOXF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FOXF balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $58.0M | $71.7M | $83.6M | $145.2M | $179.7M | $245.8M | $43.7M | $28.0M | $35.9M | $35.3M |
| Cash & equivalents | $58.0M | $71.7M | $83.6M | $145.2M | $179.7M | $245.8M | $43.7M | $28.0M | $35.9M | $35.3M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $190.7M | $165.8M | $171.1M | $200.4M | $142.0M | $121.2M | $91.6M | $78.9M | $61.1M | $61.6M |
| Inventory | $388.6M | $404.7M | $371.8M | $350.6M | $279.8M | $127.1M | $128.5M | $107.1M | $84.8M | $71.2M |
| Other current assets | $108.4M | $85.4M | $141.5M | $101.4M | $123.1M | $87.9M | $17.9M | $18.0M | $18.1M | $14.8M |
| Total current assets | $745.7M | $727.7M | $768.1M | $797.7M | $724.7M | $582.0M | $281.8M | $231.9M | $199.9M | $182.9M |
| Property, plant & equipment (net) | $333.6M | $350.4M | $321.5M | $250.3M | $230.8M | $189.4M | $125.9M | $64.8M | $43.6M | $32.3M |
| Goodwill & intangible assets | $483.0M | $1.09B | $1.12B | $503.0M | $520.3M | $493.8M | $175.5M | $172.8M | $178.5M | $115.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $109.4M | $65.8M | $32.8M | $67.4M | $40.0M | $21.3M | $26.2M | $15.7M | $3.2M | $4.8M |
| Total assets | $1.67B | $2.23B | $2.24B | $1.62B | $1.52B | $1.29B | $609.3M | $485.3M | $425.2M | $335.6M |
| Liabilities | ||||||||||
| Accounts payable | $141.4M | $144.1M | $104.2M | $131.2M | $100.0M | $92.4M | $55.1M | $55.1M | $40.8M | $36.2M |
| Short-term debt | $43.1M | $41.0M | $28.4M | $10.3M | $26.6M | $19.3M | $6.2M | $6.9M | $5.0M | $3.6M |
| Deferred revenue | — | — | −$14.1M | — | — | — | $172,000 | $6.7M | $6.6M | $35.8M |
| Total current liabilities | $260.3M | $259.8M | $221.8M | $258.9M | $229.9M | $165.4M | $91.8M | $96.8M | $83.2M | $87.0M |
| Long-term debt | $646.7M | $680.8M | $743.5M | $200.0M | $361.0M | $377.1M | $68.0M | $52.5M | $93.6M | $63.1M |
| Lease obligations | $16.2M | $16.7M | $14.1M | $10.3M | $9.1M | $31.7M | $17.8M | — | — | — |
| Other long-term liabilities | $94.7M | $90.6M | $55.2M | $38.1M | $30.8M | $24.9M | $27.3M | $12.8M | $11.8M | $569,000 |
| Total liabilities | $1.00B | $1.03B | $1.02B | $496.9M | $621.6M | $567.4M | $187.1M | $149.8M | $190.4M | $150.7M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $39,000 | $38,000 | $38,000 | $37,000 |
| Retained earnings (deficit) | $330.8M | $875.4M | $878.1M | $764.1M | $558.8M | $395.0M | $312.5M | $219.7M | $135.9M | $92.8M |
| Treasury stock | — | — | — | — | — | −$13.8M | −$13.8M | −$13.8M | −$13.8M | −$13.8M |
| Accumulated other comprehensive income | $832,000 | $224,000 | $9.0M | $14.8M | $4.9M | $1.1M | $150,000 | −$784,000 | −$168,000 | −$2.2M |
| Minority interest | −$179,000 | −$38,000 | $0 | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $670.2M | $1.20B | $1.22B | $1.12B | $894.1M | $719.2M | $422.2M | $321.2M | $234.8M | $184.9M |
| Key figures | ||||||||||
| Total debt | $779.5M | $721.7M | $757.6M | $210.3M | $387.5M | $421.3M | $74.2M | $59.4M | $98.6M | $66.7M |
| Net cash (debt) | −$721.5M | −$650.1M | −$674.0M | −$65.1M | −$207.9M | −$175.5M | −$30.5M | −$31.5M | −$62.7M | −$31.4M |
| Working capital | $485.4M | $467.9M | $546.2M | $538.8M | $494.8M | $416.6M | $190.0M | $135.2M | $116.7M | $95.9M |
| Tangible book value | $187.2M | $112.8M | $101.8M | $618.4M | $373.8M | $225.3M | $246.7M | $148.4M | $56.4M | $69.3M |
| Book value per share | $16.03 | $28.79 | $28.79 | $26.46 | $21.10 | $17.63 | $10.78 | $8.25 | $6.06 | $4.89 |
| Shares outstanding | 41.8M | 41.7M | 42.4M | 42.4M | 42.4M | 40.8M | 39.2M | 39.0M | 38.7M | 37.8M |
| Current ratio | 2.86 | 2.80 | 3.46 | 3.08 | 3.15 | 3.52 | 3.07 | 2.40 | 2.40 | 2.10 |
| Quick ratio | 0.96 | 0.91 | 1.15 | 1.34 | 1.40 | 2.22 | 1.47 | 1.10 | 1.17 | 1.11 |
| Debt / equity | 1.16 | 0.60 | 0.62 | 0.19 | 0.43 | 0.59 | 0.18 | 0.19 | 0.42 | 0.36 |
| Equity / assets | 40.1% | 53.8% | 54.5% | 69.3% | 59.0% | 55.9% | 69.3% | 66.2% | 55.2% | 55.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $61.3M | $53.9M | $58.0M | $65.4M | $81.5M | $68.6M | $71.7M | $89.2M | $82.2M | $69.6M | $83.6M | $90.6M |
| Cash & equivalents | $61.3M | $53.9M | $58.0M | $65.4M | $81.5M | $68.6M | $71.7M | $89.2M | $82.2M | $69.6M | $83.6M | $90.6M |
| Receivables | $198.8M | $209.1M | $190.7M | $198.4M | $185.4M | $177.7M | $165.8M | $192.5M | $157.9M | $164.9M | $171.1M | $150.0M |
| Inventory | $382.9M | $375.1M | $388.6M | $412.1M | $412.8M | $408.8M | $404.7M | $401.4M | $380.4M | $354.0M | $371.8M | $341.2M |
| Other current assets | $121.2M | $126.3M | $108.4M | $82.9M | $67.0M | $59.0M | $85.4M | $128.0M | $171.1M | $177.0M | $141.5M | $155.4M |
| Total current assets | $764.1M | $764.3M | $745.7M | $758.8M | $746.6M | $714.1M | $727.7M | $811.2M | $791.7M | $765.5M | $768.1M | $737.2M |
| Property, plant & equipment (net) | $293.9M | $307.3M | $333.6M | $352.2M | $346.2M | $344.9M | $350.4M | $351.3M | $335.8M | $337.2M | $321.5M | $275.3M |
| Goodwill & intangible assets | $460.4M | $470.4M | $483.0M | $796.7M | $805.6M | $815.6M | $1.09B | $1.09B | $1.10B | $1.11B | $1.12B | $593.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $118.0M | $119.7M | $109.4M | $67.2M | $66.7M | $63.9M | $65.8M | $34.3M | $36.2M | $33.5M | $32.8M | $68.1M |
| Total assets | $1.64B | $1.66B | $1.67B | $1.97B | $1.97B | $1.94B | $2.23B | $2.29B | $2.27B | $2.25B | $2.24B | $1.67B |
| Liabilities | ||||||||||||
| Accounts payable | $134.9M | $143.4M | $141.4M | $148.7M | $131.1M | $119.3M | $144.1M | $134.6M | $144.0M | $107.7M | $104.2M | $88.5M |
| Short-term debt | $39.3M | $40.0M | $43.1M | $41.7M | $40.9M | $41.0M | $41.0M | $40.9M | $40.1M | $29.6M | $28.4M | $12.8M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | $20.8M | −$14.1M | −$12.8M |
| Total current liabilities | $246.1M | $255.9M | $260.3M | $254.5M | $246.0M | $224.5M | $259.8M | $252.7M | $252.8M | $223.0M | $221.8M | $191.7M |
| Long-term debt | $640.8M | $661.3M | $646.7M | $663.4M | $674.5M | $685.6M | $680.8M | $744.1M | $733.8M | $748.1M | $748.1M | $743.5M |
| Lease obligations | $12.5M | $13.1M | $16.2M | $17.4M | $16.6M | $16.7M | $16.7M | $16.6M | $15.8M | $15.3M | $15.3M | $14.1M |
| Other long-term liabilities | $82.7M | $86.1M | $94.7M | $101.2M | $85.9M | $88.6M | $90.6M | $94.3M | $82.6M | $84.6M | $50.6M | $0 |
| Total liabilities | $969.6M | $1.00B | $1.00B | $1.02B | $1.01B | $998.7M | $1.03B | $1.09B | $1.07B | $1.06B | $1.02B | $433.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 |
| Retained earnings (deficit) | $319.9M | $315.8M | $330.8M | $617.8M | $618.5M | $615.7M | $875.4M | $875.6M | $870.9M | $865.5M | $878.1M | $880.9M |
| Accumulated other comprehensive income | $2.8M | $1.5M | $832,000 | $2.9M | $8.0M | −$4.1M | $224,000 | −$1.1M | $3.4M | $5.8M | $9.0M | $10.0M |
| Minority interest | −$220,000 | −$201,000 | −$179,000 | −$145,000 | −$117,000 | — | — | — | — | — | — | — |
| Total shareholders' equity | $667.0M | $658.8M | $670.2M | $956.0M | $958.7M | $939.9M | $1.20B | $1.20B | $1.20B | $1.19B | $1.22B | $1.24B |
| Key figures | ||||||||||||
| Total debt | $680.2M | $701.3M | $779.5M | $705.1M | $715.4M | $726.6M | $721.7M | $785.1M | $774.0M | $777.7M | $757.6M | $202.8M |
| Net cash (debt) | −$618.9M | −$647.4M | −$721.5M | −$639.7M | −$633.9M | −$658.0M | −$650.1M | −$695.8M | −$691.7M | −$708.1M | −$674.0M | −$112.2M |
| Working capital | $518.0M | $508.5M | $485.4M | $504.3M | $500.5M | $489.6M | $467.9M | $558.5M | $538.9M | $542.4M | $546.2M | $545.5M |
| Tangible book value | $206.6M | $188.3M | $187.2M | $159.3M | $153.1M | $124.3M | $112.8M | $105.5M | $94.5M | $80.3M | $101.8M | $647.5M |
| Book value per share | $15.78 | $15.74 | $16.03 | $22.86 | $22.90 | $22.53 | $28.81 | $28.69 | $28.69 | $28.63 | $28.92 | $29.20 |
| Shares outstanding | 42.3M | 41.9M | 41.8M | 41.8M | 41.9M | 41.7M | 41.7M | 41.7M | 41.7M | 41.6M | 42.2M | 42.5M |
| Current ratio | 3.10 | 2.99 | 2.86 | 2.98 | 3.03 | 3.18 | 2.80 | 3.21 | 3.13 | 3.43 | 3.46 | 3.85 |
| Quick ratio | 1.06 | 1.03 | 0.96 | 1.04 | 1.08 | 1.10 | 0.91 | 1.12 | 0.95 | 1.05 | 1.15 | 1.26 |
| Debt / equity | 1.02 | 1.06 | 1.16 | 0.74 | 0.75 | 0.77 | 0.60 | 0.66 | 0.65 | 0.65 | 0.62 | 0.16 |
| Equity / assets | 40.8% | 39.6% | 40.1% | 48.4% | 48.8% | 48.5% | 53.8% | 52.3% | 52.8% | 53.0% | 54.5% | 74.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
FOXF financial position
At the end of fiscal 2025 (December 31, 2025), Fox Factory had total assets of $1.7 billion (down 25.1% from a year earlier), total liabilities of $1.0 billion and shareholders' equity of $670.2 million. It held $58.0 million in cash and short-term investments against $779.5 million of debt, net debt of $721.5 million. Its current ratio was 2.86. In the latest quarter (ended June 30, 2026) total assets were $1.6 billion and equity $667.0 million.
Related: FOXF income statement, FOXF cash flow statement, FOXF key metrics. See the FOXF stock overview for the latest quote and news.
FOXF balance sheet FAQ
What are Fox Factory's total assets?
Fox Factory reported total assets of $1.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.2 billion a year earlier.
How much debt does Fox Factory have?
Fox Factory had $779.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.16.
How much cash does Fox Factory have?
Fox Factory held $58.0 million in cash and short-term investments at the end of fiscal 2025; with $779.5 million of debt that is net debt of $721.5 million.
What is Fox Factory's book value?
Fox Factory's shareholders' equity (book value) was $670.2 million at the end of fiscal 2025, or $16.03 per share.
What is Fox Factory's current ratio?
Fox Factory had current assets of $745.7 million and current liabilities of $260.3 million, a current ratio of 2.86 (it can cover its short-term obligations).
How much goodwill does Fox Factory have?
Fox Factory carried $483.0 million of goodwill and intangible assets, 28.9% of total assets, at the end of fiscal 2025.