FOXF · Fox Factory Holding Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.39B | $1.46B | $1.60B | $1.30B | $890.55M |
| Cost of Revenue | $1.02B | $970.35M | $999.37M | $1.07B | $866.73M | $601.01M |
| Gross Profit | $443.25M | $423.58M | $464.81M | $531.34M | $432.33M | $289.55M |
| R&D | $69.44M | $60.31M | $53.18M | $56.20M | $46.57M | $34.29M |
| SG&A | $151.83M | $139.86M | $124.58M | $116.10M | $97.24M | $71.31M |
| Total Operating Expenses | $966.18M | $365.91M | $304.72M | $284.65M | $235.42M | $175.40M |
| D&A | $92.31M | $83.57M | $58.60M | $49.24M | $45.11M | $33.93M |
| Operating Income | ($522.93M) | $57.67M | $160.09M | $246.70M | $196.91M | $114.15M |
| Interest Expense | $53.67M | $54.94M | $19.32M | $8.94M | $8.16M | $9.29M |
| Income Tax | ($31.57M) | ($5.50M) | $17.82M | $28.49M | $24.56M | $12.78M |
| Net Income | ($544.58M) | $6.55M | $120.85M | $205.28M | $163.82M | $90.67M |
| EPS - Basic | ($13.03) | $0.16 | $2.86 | $4.86 | $3.90 | $2.25 |
| EPS - Diluted | ($13.03) | $0.16 | $2.85 | $4.84 | $3.87 | $2.22 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $58.01M | $71.67M | $83.64M | $145.25M | $179.69M | $245.76M |
| Accounts Receivable | $190.67M | $165.83M | $171.06M | $200.44M | $142.04M | $121.19M |
| Inventory | $388.63M | $404.74M | $371.84M | $350.62M | $279.84M | $127.09M |
| Accounts Payable | $141.38M | $144.07M | $104.15M | $131.16M | $99.98M | $92.40M |
| Current Assets | $745.74M | $727.68M | $768.05M | $797.67M | $724.67M | $581.97M |
| Total Assets | $1.67B | $2.23B | $2.24B | $1.62B | $1.52B | $1.29B |
| Current Liabilities | $260.35M | $259.78M | $207.55M | $258.89M | $229.86M | $165.39M |
| Long-term Debt | $496.66M | $527.77M | $373.53M | $0 | $360.95M | $377.09M |
| Total Liabilities | $1.00B | $1.03B | $1.02B | $496.95M | $621.65M | $567.39M |
| Stockholders' Equity | $670.18M | $1.20B | $1.22B | $1.12B | $894.08M | $719.17M |
| Retained Earnings | $330.82M | $875.40M | $878.09M | $764.08M | $558.80M | $394.98M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $60.92M | $131.83M | $178.74M | $187.09M | $65.29M | $82.72M |
| Investing Cash Flow | ($33.97M) | ($76.29M) | ($750.40M) | ($44.73M) | ($106.73M) | ($388.52M) |
| Financing Cash Flow | ($40.01M) | ($67.33M) | $508.98M | ($179.14M) | ($24.10M) | $506.72M |
| CapEx | $33.97M | $44.04M | $46.85M | $43.70M | $54.85M | $56.74M |
| Free Cash Flow | $26.95M | $87.79M | $131.89M | $143.39M | $10.44M | $25.97M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 30.2% | 30.4% | 31.7% | 33.2% | 33.3% | 32.5% |
| Operating margin | -35.6% | 4.1% | 10.9% | 15.4% | 15.2% | 12.8% |
| EBITDA margin | -29.3% | 10.1% | 14.9% | 18.5% | 18.6% | 16.6% |
| Net margin | -37.1% | 0.5% | 8.3% | 12.8% | 12.6% | 10.2% |
| Free cash flow margin | 1.8% | 6.3% | 9.0% | 8.9% | 0.8% | 2.9% |
| FCF / Net income | -0.05 | 13.40 | 1.09 | 0.70 | 0.06 | 0.29 |
| R&D / Revenue | 4.7% | 4.3% | 3.6% | 3.5% | 3.6% | 3.9% |
| SG&A / Revenue | 10.3% | 10.0% | 8.5% | 7.2% | 7.5% | 8.0% |
| Effective tax rate | - | -523.8% | 12.8% | 12.2% | 13.0% | 12.4% |
| Return on assets | -32.6% | 0.3% | 5.4% | 12.7% | 10.8% | 7.0% |
| Return on equity | -81.3% | 0.5% | 9.9% | 18.3% | 18.3% | 12.6% |
| Return on invested capital | -35.4% | 3.3% | 8.7% | 19.3% | 13.6% | 9.1% |
| Liquidity | ||||||
| Current ratio | 2.86 | 2.80 | 3.70 | 3.08 | 3.15 | 3.52 |
| Quick ratio | 1.37 | 1.24 | 1.91 | 1.73 | 1.94 | 2.75 |
| Cash ratio | 0.22 | 0.28 | 0.40 | 0.56 | 0.78 | 1.49 |
| Leverage | ||||||
| Debt / Equity | 0.74 | 0.44 | 0.31 | 0.00 | 0.40 | 0.52 |
| Debt / Assets | 0.30 | 0.24 | 0.17 | 0.00 | 0.24 | 0.29 |
| Debt / EBITDA | - | 3.74 | 1.71 | 0.00 | 1.49 | 2.55 |
| Interest coverage | -9.7x | 1.0x | 8.3x | 27.6x | 24.1x | 12.3x |
| Equity multiplier | 2.49 | 1.86 | 1.84 | 1.44 | 1.70 | 1.79 |
| Liabilities / Assets | 0.60 | 0.46 | 0.46 | 0.31 | 0.41 | 0.44 |
| Efficiency | ||||||
| Asset turnover | 0.88 | 0.62 | 0.65 | 0.99 | 0.86 | 0.69 |
| Inventory turnover | 2.64 | 2.40 | 2.69 | 3.06 | 3.10 | 4.73 |
| Days sales outstanding | 47d | 43d | 43d | 46d | 40d | 50d |
| Days inventory outstanding | 139d | 152d | 136d | 119d | 118d | 77d |
| Days payable outstanding | 50d | 54d | 38d | 45d | 42d | 56d |
| Cash conversion cycle | 136d | 141d | 140d | 120d | 116d | 71d |
| Valuation | ||||||
| P / E | - | 188.6x | 23.7x | 18.8x | 44.0x | 47.6x |
| P / B | 1.1x | 1.0x | 2.3x | 3.4x | 8.1x | 6.0x |
| P / S | 0.5x | 0.9x | 2.0x | 2.4x | 5.5x | 4.8x |
| EV / EBITDA | - | 12.1x | 14.4x | 12.6x | 30.5x | 30.0x |
| Growth | ||||||
| Revenue growth (YoY) | 5.3% | -4.8% | -8.6% | 23.4% | 45.9% | 18.6% |
| Revenue CAGR (3y) | -2.9% | 2.4% | 18.0% | 28.7% | 47.7% | 23.3% |
| Revenue CAGR (5y) | 10.5% | 13.2% | 29.4% | 27.5% | 26.4% | 19.4% |
| Gross profit growth (YoY) | 4.6% | -8.9% | -12.5% | 22.9% | 49.3% | 19.3% |
| Operating income growth (YoY) | - | -64.0% | -35.1% | 25.3% | 72.5% | 1.2% |
| Net income growth (YoY) | - | -94.6% | -41.1% | 25.3% | 80.7% | -2.5% |
| EPS growth (YoY) | - | -94.4% | -41.1% | 25.1% | 74.3% | -6.7% |
| EPS CAGR (3y) | - | -65.4% | 8.7% | 26.7% | 21.5% | 26.0% |
| EPS CAGR (5y) | - | -41.7% | 5.7% | 34.2% | 32.7% | 27.5% |
| FCF growth (YoY) | -69.3% | -33.4% | -8.0% | 1273.0% | -59.8% | 21.9% |
| FCF CAGR (5y) | 0.7% | 32.7% | 30.2% | 35.6% | -17.2% | 6.3% |
| Book value growth (YoY) | -44.2% | -1.7% | 9.0% | 25.4% | 24.3% | 70.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-02.
Business segments
$1.47B totalSpecialty Sports Group$509.17M · 34.7%
Powered Vehicles Group$488.14M · 33.3%
Aftermarket Applications Group$470.01M · 32.0%
Product / service
$1.47B totalSpecialty Sports Group$509.17M · 34.7%
Powered Vehicles$488.14M · 33.3%
Aftermarket Applications Group$470.01M · 32.0%
Geographic
$1.47B totalNorth America$1.12B · 76.3%
Europe$198.55M · 13.5%
Asia$124.04M · 8.5%
Restofthe World$25.52M · 1.7%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.56
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Motorcycles, Bicycles & Parts
Comparing FOX FACTORY HOLDING CORP against the 5 most active filers in the same SIC group.