Fox Factory (NASDAQ:FOXF) Issues Quarterly Earnings Results

Fox Factory (NASDAQ:FOXF) announced its earnings results on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.06, FiscalAI reports. The company had revenue of $361.07 million for the quarter, compared to the consensus estimate of $353.88 million. Fox Factory had a negative net margin of 17.66% and a positive return on equity of 4.84%. The company’s revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.31 EPS.

Here are the key takeaways from Fox Factory’s conference call:

• The company is executing a Phase Two profit plan to complement Phase One (which delivered $25M in 2025), targeting roughly $50M of incremental cost reductions in 2026 and guiding to adjusted EBITDA of $174M–$203M (about 13.7% at the midpoint, ~200 bps improvement) while lowering revenue guidance to $1.328B–$1.416B.
• Q4 results included a $295.2M non‑cash goodwill impairment; adjusted Q4 EBITDA fell to $35M from $40.4M year‑over‑year and adjusted EPS was $0.20 vs. $0.31, underscoring near‑term margin pressure.
• Management is actively rationalizing the portfolio—already moving to divest the Phoenix operations and exit Shock Therapy, Upfit UTV, and Geiser—with proceeds earmarked for debt reduction and the exits expected to be immediately accretive and improve AAG margins.
• Tariffs remain a material headwind (company reports ~$50M gross impact in 2025 with $25M mitigated; expects ~$30M gross in 2026 and ~$15M net headwind in H1), and any tariff refunds or legal outcomes are uncertain and not assumed in guidance.

Fox Factory Stock Performance

NASDAQ:FOXF traded down $0.60 during midday trading on Friday, reaching $17.77. The stock had a trading volume of 719,860 shares, compared to its average volume of 540,518. The stock has a market capitalization of $742.58 million, a P/E ratio of -2.86 and a beta of 1.50. Fox Factory has a 1-year low of $13.08 and a 1-year high of $31.18. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.98 and a quick ratio of 1.36. The firm’s fifty day simple moving average is $18.64 and its 200-day simple moving average is $21.24.

Fox Factory News Roundup

Here are the key news stories impacting Fox Factory this week:

• Positive Sentiment: Company outlined a $50 million cost‑savings program for 2026 intended to expand margins as the portfolio shifts — a structural move that could boost future profitability if delivered. Fox Factory outlines $50M cost savings for 2026 with margin expansion as portfolio shifts
• Positive Sentiment: On an operational basis Fox reported revenue of about $361.1M (up ~2.3% YoY) and an adjusted EPS beat (reported $0.20 vs. consensus ~ $0.15–$0.14), showing the business still produced modest top‑line growth and beat street estimates on a near‑term basis. Fox Factory Q4 results and call
• Positive Sentiment: Insider signal — CEO Michael Dennison purchased shares (reported insider buy), which some investors view as management confidence in the company’s recovery. QuiverQuant Q4 earnings summary
• Neutral Sentiment: Earnings call/transcript provides management commentary on portfolio changes and cost actions — useful for investors who want detail on timing and expected savings execution, but the call did not neutralize the GAAP hit. Fox Factory Q4 2025 Earnings Transcript (Yahoo)
• Negative Sentiment: Company recorded a very large Q4 impairment that produced a substantial GAAP operating loss and a steep net loss (GAAP EPS swung sharply negative), which drove headline accounting losses and investor concern about asset write‑downs. Fox Factory Sinks on Huge Q4 Impairment
• Negative Sentiment: Company issued weaker near‑term and full‑year revenue guidance (Q1 and FY 2026 ranges below prior consensus), signaling lower expected topline growth than Wall Street modeled — a primary driver of the stock’s decline today. Fox Factory Holding Corp (FOXF) Q4 2025 Earnings Call Highlights

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. raised its stake in shares of Fox Factory by 58.6% in the 4th quarter. Invesco Ltd. now owns 342,448 shares of the company’s stock valued at $5,859,000 after buying an additional 126,477 shares in the last quarter. Veradace Capital Management LLC bought a new stake in Fox Factory in the fourth quarter valued at about $287,000. State of Tennessee Department of Treasury raised its position in Fox Factory by 78.8% in the fourth quarter. State of Tennessee Department of Treasury now owns 23,472 shares of the company’s stock worth $432,000 after purchasing an additional 10,345 shares in the last quarter. Empowered Funds LLC bought a new position in Fox Factory during the fourth quarter worth about $3,285,000. Finally, VARCOV Co. acquired a new stake in Fox Factory during the fourth quarter valued at approximately $762,000.

Analysts Set New Price Targets

FOXF has been the subject of several research reports. Roth Mkm decreased their price target on shares of Fox Factory from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Zacks Research lowered shares of Fox Factory from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fox Factory in a research note on Thursday, January 22nd. Finally, CJS Securities upgraded Fox Factory to a “strong-buy” rating in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $30.17.

Fox Factory Company Profile

Fox Factory Holding Corp., headquartered in Duluth, Minnesota, designs, engineers and manufactures high-performance suspension systems, shock absorbers and related components for powersports, light-vehicle and mountain-bike applications. The company’s FOX brand offers a comprehensive portfolio of forks, shocks, coilovers and internal bypass dampers aimed at OEM and aftermarket customers seeking enhanced ride quality, control and durability across off-road vehicles, motorcycles and bicycles.

Founded in 1974 by Bob Fox in California, Fox Factory has expanded its technology base and market reach through strategic acquisitions such as Marzocchi Suspension, DVO Suspension and Walker Evans Racing.