Filing Flows › Fox Factory Holding (FOXF) › Q4 2025
Fox Factory Holding (FOXF) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Fox Factory Holding (FOXF) reported revenue of $361M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and -4% from the quarter before. Operating margin was -84.7%, net loss $287M (79.5% of revenue).
Fox Factory Holding, Q4 2025: revenue $361M (+2% year over year), operating margin -84.7%, net loss $287M, operating cash flow $18.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $361M | -4% | +2% |
| Operating profit | −$306M | -2126% | — |
| Net earnings | −$287M | — | — |
| Operating cash flow | $18.2M | +243% | -78% |
| Free cash flow | $11.4M | — | -84% |
What changed
Revenue was $361.1M in Q4 2025, up 2% year over year and down 4% from the previous quarter.
Gross margin was 28.3%, down 0.6 points from a year earlier. Operating costs exceeded revenue by $306.0M, an operating margin of -84.7%. Operating expenses grew 351% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+2756%). The quarter ended with a net loss of $287.0M, wider than the previous quarter's $662K loss.
Operating cash flow was $18.2M (down 78% year over year). Non-cash charges added back $22.9M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $279.0M. Capital expenditures of $6.8M left free cash flow of $11.4M.
Questions
What was Fox Factory Holding's revenue in the fourth quarter 2025?
Fox Factory Holding (FOXF) reported revenue of $361M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and -4% from the quarter before.
Was Fox Factory Holding profitable in the fourth quarter 2025?
Operating loss was $306M (-84.7% of revenue) and net loss $287M.