Filing Flows › Foxx Development Holdings (FOXX) › Q3 FY25
Foxx Development Holdings (FOXX) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 15, 2025
Foxx Development Holdings (FOXX) reported revenue of $11.4M for the third quarter fiscal 2025 (Q3 FY25), up 22-fold from a year earlier and -35% from the quarter before. Operating margin was -31.3%, net loss $4.1M (35.9% of revenue).
Foxx Development Holdings, Q3 FY25: revenue $11.4M (22× year over year), operating margin -31.3%, net loss $4.1M, operating cash flow −$178K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.4M | -35% | 22× |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$4.1M | -387% | — |
| Operating cash flow | −$178K | — | — |
What changed
Revenue was $11.4M in Q3 FY25, up 2117% year over year and down 35% from the previous quarter.
Gross margin was 5.8%. Operating costs exceeded revenue by $3.6M, an operating margin of -31.3%. The fastest-growing cost line was Sales & marketing (+899%). The quarter ended with a net loss of $4.1M, after a profit of $1.4M the previous quarter.
Operating cash flow was −$178K. Non-cash charges added back $12K of depreciation and $327K of share-based compensation. Working capital and other items added $3.6M.
Questions
What was Foxx Development Holdings' revenue in the third quarter fiscal 2025?
Foxx Development Holdings (FOXX) reported revenue of $11.4M for the third quarter fiscal 2025 (Q3 FY25), up 22-fold from a year earlier and -35% from the quarter before.
Was Foxx Development Holdings profitable in the third quarter fiscal 2025?
Operating loss was $3.6M (-31.3% of revenue) and net loss $4.1M.