Filing Flows › Fox Factory Holding (FOXF) › Q2 2026 › vs Q1 2026
Fox Factory Holding (FOXF) Q2 2026 vs Q1 2026 (quarter over quarter)
Fox Factory Holding's revenue fell $10.5M (-3%) from $369M in Q1 2026 to $358M in Q2 2026. The biggest changes: Powered Vehicles Group −$19.2M (-13%); Specialty Sports Group +$13.8M (+13%); Aftermarket Applications Group −$5.2M (-5%). Gross margin 30.6% against 28.9% (+1.8 pts).
Fox Factory Holding, Q2 2026: revenue $358M (-4% year over year), operating margin 4.9%, net earnings $4.0M, operating cash flow $29.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 30.6% | 28.9% | +1.8 pts |
| Operating margin | 4.9% | 1.6% | +3.3 pts |
| Net margin | 1.1% | -4.1% | +5.2 pts |
| Free cash flow margin | 7.0% | -5.8% | +12.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Specialty Sports Group | $124M | $110M | $13.8M | +13% |
| Powered Vehicles Group | $124M | $143M | −$19.2M | -13% |
| Aftermarket Applications Group | $110M | $115M | −$5.2M | -5% |
| Revenue | $358M | $369M | −$10.5M | -3% |
| Gross profit | $110M | $106M | $3.3M | +3% |
| Cost of revenue | $248M | $262M | −$13.8M | -5% |
| Operating profit | $17.5M | $6.0M | $11.6M | +194% |
| Operating expenses | $92.2M | $100M | −$8.3M | -8% |
| Pre-tax earnings | $6.3M | −$15.6M | $21.9M | — |
| Other expense, net | $11.2M | $21.6M | −$10.4M | -48% |
| Research & development | $18.6M | $18.5M | $144K | +0.8% |
| Sales & marketing | $29.4M | $33.3M | −$3.9M | -12% |
| General & admin | $34.2M | $38.6M | −$4.4M | -12% |
| Other operating costs | $10.0M | $10.0M | −$52K | -0.5% |
| Net earnings | $4.0M | −$15.0M | $19.1M | — |
| Income tax | $2.3M | −$614K | $2.9M | — |
| Depreciation & amortization | $20.3M | $20.9M | −$529K | -3% |
| Share-based compensation | $3.4M | $4.1M | −$750K | -18% |
| Working capital & other | $1.5M | −$26.0M | $27.5M | — |
| Operating cash flow | $29.2M | −$16.1M | $45.3M | — |
| Free cash flow (OCF − capex) | $25.1M | −$21.5M | $46.6M | — |
| Capital expenditures | $4.1M | $5.4M | −$1.3M | -24% |
Questions
How much did Fox Factory Holding's revenue grow quarter over quarter in Q2 2026?
Fox Factory Holding's revenue fell $10.5M (-3%) from $369M in Q1 2026 to $358M in Q2 2026.
What drove Fox Factory Holding's revenue change in Q2 2026?
Powered Vehicles Group −$19.2M (-13%); Specialty Sports Group +$13.8M (+13%); Aftermarket Applications Group −$5.2M (-5%).