Filing Flows › Foxx Development Holdings (FOXX) › Q3 FY26
Foxx Development Holdings (FOXX) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 20, 2026
Foxx Development Holdings (FOXX) reported revenue of $8.7M for the third quarter fiscal 2026 (Q3 FY26), -24% from a year earlier and -48% from the quarter before. Operating margin was -391.9%, net loss $36.3M (418.5% of revenue).
Foxx Development Holdings, Q3 FY26: revenue $8.7M (-24% year over year), operating margin -391.9%, net loss $36.3M, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.7M | -48% | -24% |
| Operating profit | −$34.0M | — | — |
| Net earnings | −$36.3M | — | — |
| Operating cash flow | $1.4M | +403% | — |
What changed
Revenue was $8.7M in Q3 FY26, down 24% year over year and down 48% from the previous quarter.
Operating costs exceeded revenue by $34.0M, an operating margin of -391.9%. The fastest-growing cost line was Other operating costs (+6383%). The quarter ended with a net loss of $36.3M, wider than the previous quarter's $4.3M loss.
Operating cash flow was $1.4M. Non-cash charges added back $11K of depreciation and $279K of share-based compensation. Working capital and other items added $37.4M.
Questions
What was Foxx Development Holdings' revenue in the third quarter fiscal 2026?
Foxx Development Holdings (FOXX) reported revenue of $8.7M for the third quarter fiscal 2026 (Q3 FY26), -24% from a year earlier and -48% from the quarter before.
Was Foxx Development Holdings profitable in the third quarter fiscal 2026?
Operating loss was $34.0M (-391.9% of revenue) and net loss $36.3M.