FOXX · Foxx Development Holdings Inc. - 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 | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q2 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.67M | $16.72M | $20.22M | $17.48M | $513.8K | $23.11M | - | - | - |
| Cost of Revenue | $10.12M | $14.50M | $17.48M | $15.29M | $553.5K | $22.71M | - | - | - |
| Gross Profit | ($1.45M) | $2.22M | $2.74M | $2.19M | ($39.7K) | $398.2K | - | - | - |
| R&D | $1.09M | $193.2K | $306.4K | $671.8K | $826.5K | $22.8K | - | - | - |
| SG&A | $2.93M | $3.10M | $2.43M | $546.5K | $552.1K | $303.3K | - | - | - |
| Total Operating Expenses | $32.52M | $4.44M | $2.21M | $682.8K | $752.9K | $511.6K | - | - | - |
| D&A | $11.4K | $11.6K | $11.7K | $12.3K | $10.0K | $11.3K | - | - | - |
| Operating Income | ($33.97M) | ($2.22M) | ($892.2K) | ($583.2K) | ($792.6K) | ($1.81M) | - | - | - |
| Interest Expense | $2.5K | $2.7K | $2.8K | $3.8K | $3.7K | $3.9K | - | - | - |
| Income Tax | - | - | - | - | $19.8K | - | - | - | - |
| Net Income | ($36.27M) | ($4.29M) | ($2.87M) | $1.42M | ($886.6K) | ($2.27M) | - | - | - |
| EPS - Basic | ($5.19) | ($0.62) | ($0.42) | $0.20 | ($0.27) | ($0.17) | - | - | - |
| EPS - Diluted | ($5.19) | ($0.62) | ($0.42) | $0.20 | ($0.27) | ($0.65) | - | - | - |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q2 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.19M | $1.77M | $1.48M | $1.88M | $3.79M | $227.2K | $587.4K | $1.82M | $21.7K |
| Accounts Receivable | $4.11M | $6.32M | $12.77M | $6.79M | $7.15M | $12.37M | $251.9K | - | - |
| Inventory | $6.97M | $10.18M | $11.46M | $12.69M | $16.66M | $4.54M | $1.77M | - | - |
| Accounts Payable | $32.33M | $29.68M | $31.67M | $26.24M | $29.35M | $19.29M | $1.40M | - | - |
| Current Assets | $15.03M | $19.84M | $27.15M | $23.65M | $30.44M | $47.55M | $4.33M | $1.84M | - |
| Total Assets | $28.13M | $42.04M | $49.81M | $26.00M | $32.85M | $49.55M | $5.37M | $2.01M | - |
| Current Liabilities | $39.88M | $33.95M | $37.47M | $30.40M | $33.38M | $47.95M | $8.95M | $2.47M | - |
| Long-term Debt | $55.1K | $61.4K | $67.5K | $73.4K | $79.2K | $95.4K | $115.0K | - | - |
| Total Liabilities | $75.94M | $53.87M | $57.75M | $31.36M | $34.41M | $49.09M | $9.38M | $2.58M | - |
| Stockholders' Equity | ($47.82M) | ($11.82M) | ($7.94M) | ($5.36M) | ($1.56M) | $457.2K | ($4.00M) | ($571.8K) | ($630.0K) |
| Retained Earnings | ($63.47M) | ($27.20M) | ($22.91M) | ($20.05M) | ($15.95M) | ($13.29M) | ($11.03M) | ($7.60M) | - |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q2 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($376.8K) | - | - | ($1.39M) | - | - | - |
| Investing Cash Flow | - | - | - | - | - | ($4.1K) | - | - | - |
| Financing Cash Flow | - | - | ($7.0K) | - | - | ($205.8K) | - | - | - |
| CapEx | - | - | - | - | - | $4.1K | - | - | - |
| Free Cash Flow | - | - | - | - | - | ($1.39M) | - | - | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q2 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||
| Gross margin | -16.7% | 13.3% | 13.6% | 12.5% | -7.7% | 1.7% | - | - | - |
| Operating margin | -391.9% | -13.3% | -4.4% | -3.3% | -154.3% | -7.8% | - | - | - |
| EBITDA margin | -391.8% | -13.2% | -4.4% | -3.3% | -152.3% | -7.8% | - | - | - |
| Net margin | -418.5% | -25.6% | -14.2% | 8.1% | -172.5% | -9.8% | - | - | - |
| Free cash flow margin | - | - | - | - | - | -6.0% | - | - | - |
| FCF / Net income | - | - | - | - | - | 0.61 | - | - | - |
| R&D / Revenue | 12.5% | 1.2% | 1.5% | 3.8% | 160.9% | 0.1% | - | - | - |
| SG&A / Revenue | 33.8% | 18.6% | 12.0% | 3.1% | 107.5% | 1.3% | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - |
| Return on assets | -129.0% | -10.2% | -5.8% | 5.5% | -2.7% | -4.6% | - | - | - |
| Return on equity | 75.9% | 36.3% | 36.1% | -26.5% | 57.0% | -495.8% | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - |
| Liquidity | |||||||||
| Current ratio | 0.38 | 0.58 | 0.72 | 0.78 | 0.91 | 0.99 | 0.48 | 0.74 | - |
| Quick ratio | 0.20 | 0.28 | 0.42 | 0.36 | 0.41 | 0.90 | 0.29 | 0.74 | - |
| Cash ratio | 0.08 | 0.05 | 0.04 | 0.06 | 0.11 | 0.00 | 0.07 | 0.74 | - |
| Leverage | |||||||||
| Debt / Equity | -0.00 | -0.01 | -0.01 | -0.01 | -0.05 | 0.21 | -0.03 | - | - |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest coverage | -13613.6x | -835.9x | -316.5x | -152.9x | -215.1x | -458.9x | - | - | - |
| Equity multiplier | -0.59 | -3.56 | -6.27 | -4.85 | -21.12 | 108.36 | -1.34 | -3.52 | - |
| Liabilities / Assets | 2.70 | 1.28 | 1.16 | 1.21 | 1.05 | 0.99 | 1.74 | 1.28 | - |
| Efficiency | |||||||||
| Asset turnover | 0.31 | 0.40 | 0.41 | 0.67 | 0.02 | 0.47 | - | - | - |
| Inventory turnover | 1.45 | 1.42 | 1.53 | 1.21 | 0.03 | 5.00 | - | - | - |
| Days sales outstanding | 173d | 138d | 230d | 142d | 5077d | 195d | - | - | - |
| Days inventory outstanding | 251d | 256d | 239d | 303d | 10987d | 73d | - | - | - |
| Days payable outstanding | 1166d | 747d | 661d | 627d | 19357d | 310d | - | - | - |
| Cash conversion cycle | -742d | -353d | -192d | -182d | -3293d | -42d | - | - | - |
| Valuation | |||||||||
| P / E | - | - | - | 27.4x | - | - | - | - | - |
| P / B | - | - | - | - | - | 86.3x | - | - | - |
| P / S | 3.8x | 1.9x | 1.5x | 2.3x | 30.8x | 1.7x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - |
| Growth | |||||||||
| Revenue growth (YoY) | 1586.6% | -4.4% | -12.5% | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -3555.5% | 1.2% | 589.3% | - | - | - | - | - | - |
| Operating income growth (YoY) | -4185.3% | -281.1% | 50.7% | - | - | - | - | - | - |
| Net income growth (YoY) | -3991.0% | - | -26.4% | - | - | - | - | - | - |
| EPS growth (YoY) | -1822.2% | - | 35.4% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -2974.5% | -120.4% | - | -34.0% | - | - | -600.0% | 9.2% | - |
Peer comparison
Same SIC group: Computer Communications Equipment
Comparing Foxx Development Holdings Inc. against the 5 most active filers in the same SIC group.