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Foxx Development Holdings (FOXX) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Feb 13, 2026

Foxx Development Holdings (FOXX) reported revenue of $16.7M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and -17% from the quarter before. Operating margin was -13.3%, net loss $4.3M (25.6% of revenue).

Revenue$16.7M
Year over year-4%
Quarter over quarter-17%
Operating margin-13.3%
Net earnings−$4.3M

Foxx Development Holdings, Q2 FY26: revenue $16.7M (-4% year over year), operating margin -13.3%, net loss $4.3M, operating cash flow $284K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$16.7M-17%-4%
Operating profit−$2.2M——
Net earnings−$4.3M—-401%
Operating cash flow$284K——

What changed

Revenue was $16.7M in Q2 FY26, down 4% year over year and down 17% from the previous quarter.

Gross margin was 13.3%, up 0.7 points from Q2 FY25. Operating costs exceeded revenue by $2.2M, an operating margin of -13.3%. Operating expenses grew 0% against a revenue fall of 4%. The fastest-growing cost line was General & admin (+52%). The quarter ended with a net loss of $4.3M, wider than the previous quarter's $2.9M loss.

Operating cash flow was $284K. Non-cash charges added back $12K of depreciation and $406K of share-based compensation. Working capital and other items added $4.2M.

Questions

What was Foxx Development Holdings' revenue in the second quarter fiscal 2026?

Foxx Development Holdings (FOXX) reported revenue of $16.7M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and -17% from the quarter before.

Was Foxx Development Holdings profitable in the second quarter fiscal 2026?

Operating loss was $2.2M (-13.3% of revenue) and net loss $4.3M.

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Source: Foxx Development Holdings 10-Q on SEC EDGAR.