Filing Flows › Fox Factory Holding (FOXF) › Q1 2026
Fox Factory Holding (FOXF) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Fox Factory Holding (FOXF) reported revenue of $369M for the first quarter 2026 (Q1 2026), +4% from a year earlier and +2% from the quarter before. Operating margin was 1.6%, net loss $15.0M (4.1% of revenue).
Fox Factory Holding, Q1 2026: revenue $369M (+4% year over year), operating margin 1.6%, net loss $15.0M, operating cash flow −$16.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $369M | +2% | +4% |
| Operating profit | $6.0M | — | — |
| Net earnings | −$15.0M | — | — |
| Operating cash flow | −$16.1M | -188% | -2462% |
What changed
Revenue was $368.7M in Q1 2026, up 4% year over year and up 2% from the previous quarter. Powered Vehicles Group was the largest line at 39% of revenue. Powered Vehicles Group added $21.3M year over year (up 17%), 156% of the total change. Specialty Sports Group declined 9%.
Gross margin was 28.9%, down 2.0 points from Q1 2025. Operating profit was $6.0M, a 1.6% margin (up 72.2 points year over year). Operating expenses fell 72% while revenue rose 4%. The quarter ended with a net loss of $15.0M, narrower than the previous quarter's $287.0M loss. Net interest and other expense of $21.6M was the main reason.
Operating cash flow was −$16.1M. Non-cash charges added back $20.9M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $26.0M. Capital expenditures of $5.4M exceeded it, leaving free cash flow of −$21.5M.
Questions
What was Fox Factory Holding's revenue in the first quarter 2026?
Fox Factory Holding (FOXF) reported revenue of $369M for the first quarter 2026 (Q1 2026), +4% from a year earlier and +2% from the quarter before.
Was Fox Factory Holding profitable in the first quarter 2026?
Operating profit was $6.0M (1.6% of revenue) and net loss $15.0M.