Foxx Development Holdings Inc. (FOXX) Income Statement
FOXX FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsFOXX revenue and net income
Where FOXX's revenue goes
FY2026Each bar shows an amount and its share of revenue. FOXX kept −100.2% of revenue as net income.
FOXX profit margins
FOXX growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −20.2% | +34.5% | — | — |
| Gross profit | −64.6% | +15.1% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FOXX quarterly EPS vs estimates
Next report: November 17, 2026.
FOXX income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $52.6M | $65.9M | $3.2M | $21.6M | $12.9M |
| Cost of revenue | $50.9M | $61.1M | $3.1M | $20.5M | $12.4M |
| Gross profit | $1.7M | $4.8M | $115,943 | $1.1M | $454,577 |
| Research & development | $2.9M | $2.2M | $91,168 | $272,080 | $0 |
| Sales, general & admin | $15.0M | $9.2M | $3.2M | $750,473 | $422,954 |
| Total operating expenses | $45.6M | $14.5M | $3.2M | $1.0M | $422,954 |
| Operating income | −$43.9M | −$9.7M | −$3.1M | $86,227 | $31,623 |
| Interest expense | $8.8M | $5.0M | $278,328 | $9,277 | $0 |
| Income before taxes | −$52.7M | −$8.9M | −$3.4M | $72,428 | $146,223 |
| Income taxes | $10,302 | $76,743 | $19,828 | $14,237 | $1,605 |
| Net income | −$52.7M | −$9.0M | −$3.4M | $58,191 | $144,618 |
| EBITDA | −$16.1M | −$9.4M | −$3.1M | $102,524 | $146,528 |
| EPS (diluted) | −$7.72 | −$1.31 | $0.04 | $0.09 | $0.01 |
| Gross margin | 3.2% | 7.2% | 3.6% | 5.1% | 3.5% |
| Operating margin | −83.5% | −14.7% | −96.9% | 0.4% | 0.2% |
| Net margin | −100.2% | −13.7% | −106.3% | 0.3% | 1.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.0M | $8.7M | $16.7M | $20.2M | $11.4M | $17.5M | $23.1M | $1.9M | $513,836 | $832,827 | $0 | $0 |
| Cost of revenue | $8.8M | $10.1M | $14.5M | $17.5M | $10.7M | $15.3M | $22.7M | $1.8M | $553,518 | $733,244 | $0 | — |
| Gross profit | −$1.8M | −$1.5M | $2.2M | $2.7M | $663,313 | $2.2M | $398,176 | $56,042 | −$39,682 | $99,583 | $0 | — |
| Research & development | $1.3M | $1.1M | $193,208 | $306,432 | $849,324 | $762,857 | $29,820 | $45,584 | $45,584 | $0 | $0 | $30,000 |
| Sales, general & admin | — | $3.9M | $4.2M | $3.3M | $3.4M | $3.7M | $2.2M | $1.3M | $707,343 | $682,764 | $511,610 | $188,046 |
| Total operating expenses | $5.0M | $6.7M | $4.4M | $3.6M | $4.2M | $4.4M | $2.2M | $3.1M | $752,927 | $682,764 | $511,610 | $272,672 |
| Operating income | −$6.8M | −$8.1M | −$2.2M | −$892,194 | −$3.6M | −$2.2M | −$1.8M | −$1.2M | −$792,609 | −$583,181 | −$511,610 | −$272,674 |
| Interest expense | $2.4M | $2.3M | $2.0M | $2.0M | $1.6M | $1.0M | $408,995 | $108,550 | $77,573 | $52,869 | $39,336 | $7,814 |
| Income before taxes | −$9.3M | −$36.3M | −$4.3M | −$2.9M | −$4.1M | $1.4M | −$2.3M | −$1.4M | −$866,742 | −$640,610 | −$546,831 | $183,743 |
| Income taxes | $10,302 | — | — | $76,743 | — | — | $72,657 | — | $19,828 | $95,038 | $96,923 | $92,798 |
| Net income | −$9.3M | −$36.3M | −$4.3M | −$2.9M | −$4.1M | $1.4M | −$2.3M | −$1.4M | −$886,570 | −$640,610 | −$546,831 | $90,945 |
| EBITDA | −$6.5M | −$33.2M | −$1.8M | −$407,433 | −$2.5M | $2.5M | −$1.8M | — | −$768,669 | −$567,471 | −$497,727 | $183,743 |
| EPS (diluted) | −$1.30 | −$5.19 | −$0.62 | −$0.61 | −$0.58 | $0.20 | −$0.33 | −$0.05 | $0.02 | $0.03 | $0.05 | $0.02 |
| Gross margin | −26.1% | −16.7% | 13.3% | 13.6% | 5.8% | 12.5% | 1.7% | 3.0% | −7.7% | 12.0% | — | — |
| Operating margin | −97.7% | −93.6% | −13.3% | −4.4% | −31.3% | −12.8% | −7.8% | −65.9% | −154.3% | −70.0% | — | — |
| Net margin | −132.8% | −418.5% | −25.6% | −14.2% | −35.9% | 8.1% | −9.8% | −72.1% | −172.5% | −76.9% | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FOXX's financial statements (latest annual report filed September 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FOXX financial results
In fiscal year 2026 (ended June 30, 2026), Foxx Development reported revenue of $52.6 million, down 20.2% from the year before. It had a net loss of $52.7 million, a net profit margin of −100.2%. Diluted earnings per share came to −$7.72.
See the FOXX stock overview for the latest quote and news, or the FOXX chart for price history and technical indicators.
FOXX income statement FAQ
What is Foxx Development's annual revenue?
Foxx Development reported total revenue of $52.6 million for fiscal year 2026, which ended on June 30, 2026. That was down 20.2% from $65.9 million the previous year.
Is Foxx Development profitable?
No. Foxx Development reported a net loss of $52.7 million in fiscal 2026, a net profit margin of −100.2%; its operating margin was −83.5%.
What is Foxx Development's gross margin?
Foxx Development's gross margin was 3.2% in fiscal 2026: for every $100 of revenue, Foxx Development kept $3 after the direct cost of its products and services.
How much does Foxx Development spend on research and development?
Foxx Development spent $2.9 million on research and development in fiscal 2026, 5.6% of revenue.
What are Foxx Development's earnings per share?
Foxx Development earned $-7.72 per diluted share in fiscal 2026, compared with $-1.31 a year earlier.
When will Foxx Development report its next earnings?
Foxx Development is expected to report results for the quarter ending September 30, 2026 on November 17, 2026.
When does Foxx Development's fiscal year end?
Foxx Development's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on September 28, 2026.