Fox Factory Holding Corp. (FOXF) Income Statement
FOXF 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFOXF revenue and net income
Where FOXF's revenue goes
2025Each bar shows an amount and its share of revenue. FOXF kept −37.1% of revenue as net income.
FOXF profit margins
FOXF growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.3% | −2.9% | +10.5% | +14.9% |
| Gross profit | +4.6% | −5.9% | +8.9% | +14.7% |
| Operating income | −1,006.8% | — | — | — |
| Net income | −8,414.2% | — | — | — |
| EPS (diluted) | −20.3% | −42.2% | −18.7% | +1.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FOXF quarterly EPS vs estimates
Fox Factory beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.47).
FOXF income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.39B | $1.46B | $1.60B | $1.30B | $890.6M | $751.0M | $619.2M | $475.6M | $403.1M |
| Cost of revenue | $1.02B | $970.3M | $999.4M | $1.07B | $866.7M | $601.0M | $508.3M | $413.7M | $321.1M | $276.7M |
| Gross profit | $443.2M | $423.6M | $464.8M | $531.3M | $432.3M | $289.5M | $242.7M | $205.5M | $154.5M | $126.4M |
| Research & development | $69.4M | $60.3M | $53.2M | $56.2M | $46.6M | $34.3M | $31.8M | $25.8M | $21.8M | $18.5M |
| Sales, general & admin | $283.9M | $261.1M | $225.0M | $206.9M | $168.2M | $123.5M | $91.8M | $79.1M | $62.8M | $53.5M |
| Total operating expenses | $966.2M | $365.9M | $304.7M | $284.6M | $235.4M | $175.4M | $129.9M | $111.0M | $87.4M | $80.8M |
| Operating income | −$522.9M | $57.7M | $160.1M | $246.7M | $196.9M | $114.1M | $112.8M | $94.5M | $67.0M | $45.5M |
| Interest expense | $53.7M | $54.9M | $19.3M | $8.9M | $8.2M | $9.3M | $3.2M | $3.1M | $2.4M | $2.1M |
| Income before taxes | −$576.3M | $1.0M | $138.7M | $233.8M | $188.4M | $104.5M | $108.6M | $90.9M | $64.3M | $43.1M |
| Income taxes | −$31.6M | −$5.5M | $17.8M | $28.5M | $24.6M | $12.8M | $14.1M | $5.5M | $21.1M | $7.4M |
| Net income | −$544.6M | $6.5M | $120.8M | $205.3M | $163.8M | $90.7M | $93.0M | $84.0M | $43.1M | $35.7M |
| EBITDA | −$430.3M | $139.5M | $216.6M | $291.9M | $241.7M | $147.8M | $129.3M | $108.4M | $77.0M | $53.9M |
| EPS (diluted) | $1.06 | $1.33 | $3.56 | $5.48 | $4.50 | $2.99 | $2.71 | $2.22 | $1.58 | $1.24 |
| Gross margin | 30.2% | 30.4% | 31.7% | 33.2% | 33.3% | 32.5% | 32.3% | 33.2% | 32.5% | 31.4% |
| Operating margin | −35.6% | 4.1% | 10.9% | 15.4% | 15.2% | 12.8% | 15.0% | 15.3% | 14.1% | 11.3% |
| Net margin | −37.1% | 0.5% | 8.3% | 12.8% | 12.6% | 10.2% | 12.4% | 13.6% | 9.1% | 8.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $358.1M | $368.7M | $361.1M | $376.4M | $374.9M | $355.0M | $352.8M | $359.1M | $348.5M | $333.5M | $332.5M | $331.1M |
| Cost of revenue | $248.4M | $268.3M | $258.9M | $261.9M | $257.9M | $245.4M | $250.9M | $251.6M | $237.5M | $230.3M | $240.2M | $223.9M |
| Gross profit | $109.7M | $100.4M | $102.1M | $114.5M | $117.0M | $109.7M | $102.0M | $107.5M | $111.0M | $103.2M | $92.3M | $107.2M |
| Research & development | $18.6M | $18.5M | $15.9M | $18.6M | $17.8M | $17.0M | $15.0M | $16.1M | $14.8M | $14.4M | $13.8M | $8.9M |
| Sales, general & admin | $63.6M | $38.6M | $73.1M | $70.3M | $70.3M | $70.2M | $64.4M | $61.5M | $66.5M | $68.6M | $60.7M | $50.1M |
| Total operating expenses | $92.2M | $79.5M | $408.1M | $99.4M | $98.5M | $360.3M | $90.6M | $88.7M | $92.4M | $94.3M | $81.0M | $65.9M |
| Operating income | $17.5M | $20.9M | −$306.0M | $15.1M | $18.5M | −$250.6M | $11.4M | $18.8M | $18.6M | $8.9M | $11.3M | $41.4M |
| Interest expense | $11.9M | $11.9M | $12.4M | $13.9M | $14.4M | $12.9M | $13.5M | $14.2M | $13.9M | $13.3M | $7.9M | $3.5M |
| Income before taxes | $6.3M | −$15.6M | −$320.0M | $1.6M | $5.5M | −$263.4M | −$4.3M | $5.0M | $5.0M | −$4.8M | $911,000 | $38.8M |
| Income taxes | $2.3M | −$614,000 | −$33.0M | $2.3M | $2.8M | −$3.6M | −$4.1M | $250,000 | −$371,000 | −$1.3M | −$3.1M | $3.5M |
| Net income | $4.1M | −$15.0M | −$287.0M | −$634,000 | $2.7M | −$259.7M | −$141,000 | $4.8M | $5.4M | −$3.5M | $4.1M | $35.3M |
| EBITDA | $38.5M | $17.2M | −$284.8M | $41.3M | $42.0M | −$228.4M | $31.1M | $40.1M | $39.3M | $29.0M | $23.9M | $57.0M |
| EPS (diluted) | $0.37 | $0.18 | $0.20 | $0.23 | $0.40 | $0.23 | $0.31 | $0.35 | $0.38 | $0.29 | $0.10 | $1.05 |
| Gross margin | 30.6% | 27.2% | 28.3% | 30.4% | 31.2% | 30.9% | 28.9% | 29.9% | 31.8% | 30.9% | 27.7% | 32.4% |
| Operating margin | 4.9% | 5.7% | −84.7% | 4.0% | 4.9% | −70.6% | 3.2% | 5.2% | 5.3% | 2.7% | 3.4% | 12.5% |
| Net margin | 1.1% | −4.1% | −79.5% | −0.2% | 0.7% | −73.1% | −0.0% | 1.3% | 1.6% | −1.0% | 1.2% | 10.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FOXF's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FOXF financial results
In fiscal year 2025 (ended December 31, 2025), Fox Factory reported revenue of $1.5 billion, up 5.3% from the year before. It had a net loss of $544.6 million, a net profit margin of −37.1%. Diluted earnings per share came to $1.06. Over five years revenue grew at an average rate of 10.5% a year.
See the FOXF stock overview for the latest quote and news, or the FOXF chart for price history and technical indicators.
FOXF income statement FAQ
What is Fox Factory's annual revenue?
Fox Factory reported total revenue of $1.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.3% from $1.4 billion the previous year.
Is Fox Factory profitable?
No. Fox Factory reported a net loss of $544.6 million in fiscal 2025, a net profit margin of −37.1%; its operating margin was −35.6%.
What is Fox Factory's gross margin?
Fox Factory's gross margin was 30.2% in fiscal 2025: for every $100 of revenue, Fox Factory kept $30 after the direct cost of its products and services.
How much does Fox Factory spend on research and development?
Fox Factory spent $69.4 million on research and development in fiscal 2025, 4.7% of revenue.
How fast is Fox Factory growing?
Revenue grew 10.5% a year on average over the last five fiscal years, from $890.6 million to $1.5 billion.
What are Fox Factory's earnings per share?
Fox Factory earned $1.06 per diluted share in fiscal 2025, compared with $1.33 a year earlier.
When will Fox Factory report its next earnings?
Fox Factory is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Fox Factory's fiscal year end?
Fox Factory's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.