EarningsQ1 2026 Earnings Report
DE:FF0 Q1 2026 EPS Results
Actual EPS€0.16
Consensus EPS€0.07
Beat/MissBeat by +€0.09
One Year Ago EPS€0.21
DE:FF0 Q1 2026 Revenue Results
Actual Revenue€329.03M
Expected Revenue€313.94M
Beat/MissBeat by +€15.09M
YoY Revenue Growth+3.84%
Earnings Announcement Details
QuarterQ1 2026
Date05/07/2026
TimeAfter Close
Conference CallThursday, May 7, 2026
DE:FF0 Upcoming Earnings
Fox Factory Holding's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q1 2026 Earnings Call Audio
DE:FF0 Q1 2026 Earnings Call
0:00 / 0:00
Q1 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q1 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced/Neutral — The company beat Q1 guidance on revenue and adjusted EBITDA, closed a planned divestiture, is executing a $50M cost savings program, and secured improved tariff treatment via Section 232 while reaffirming full‑year guidance. Offsetting these positives are real margin compression (gross margin down ~200 bps), declines in adjusted net income and EBITDA versus year‑ago, softness in SSG/Marzocchi, an aluminum supply disruption impacting AAG volumes (Q1–Q2), a near‑term $15M tariff headwind in H1, and a modest increase in debt and leverage. Management presents a credible plan to capture savings and margin expansion in the back half, so the call conveys cautious confidence but with notable near‑term challenges.Company Guidance
Revenue at High End of Guidance and Year‑over‑Year Growth
Total consolidated net sales of $368.7 million in Q1, up 3.9% year‑over‑year and reported at the high end of management's guidance range.
Adjusted EBITDA Beat and Early Cost Savings
Adjusted EBITDA of $35.7 million in Q1 exceeded the high end of the guidance range. Adjusted EBITDA margin was 9.7% and management reported early benefits from cost optimization programs with Phase 1 carryover and Phase 2 execution underway.
PVG Segment Strong Performance
PVG net sales of $143.4 million, up 17.4% year‑over‑year; aftermarket and powersports performed well and automotive premium OE remained resilient despite timing dynamics.
AAG Revenue Growth and Strategic OEM Partnerships
AAG net sales of $114.8 million, up 2.6% year‑over‑year. Management announced new OEM upfitting partnerships delivering more predictable, menu‑driven revenue and opened new dealer channels.
Dealer Expansion and Aftermarket Resilience
Added over 135 new dealers in the last 60 days and are averaging over 60 new dealers per month. Aftermarket categories (custom wheelhouse, RideTech, Sport Truck) showed consistent or better than expected demand.
Portfolio Action — Phoenix Divestiture Closed
Closed divestiture of Phoenix, Arizona operations (Upfit, UTV, Geiser, Shock Therapy) in Q1 as planned; proceeds dedicated to debt reduction and portfolio tightening.
Cost Savings Target and Traction
Reiterated plan to deliver approximately $50 million of savings in 2026 (about $10 million Phase 1 carryover and ~$40 million Phase 2) with mid‑single digit incremental benefit already seen in Q1.
Tariff Framework Improved (Section 232)
Shift from IEPA to Section 232 reduced tariff exposure by taxing aluminum input value rather than full FOB. Management expects aggregate tariff impact to be approximately neutral to 2026 results for most businesses (excluding Marzocchi).
Reaffirmed Full‑Year Guidance
Reaffirmed FY2026 guidance: net sales $1.328B–$1.416B and adjusted EBITDA $174M–$203M, with midpoint implying approximately a 200 basis‑point adjusted EBITDA margin improvement versus 2025.
Disciplined Capital Allocation
Q1 capital expenditures of $5.4 million (≈1.5% of revenues), below the full‑year target of ~2%; proactively amended credit agreement to expand covenant headroom and preserve financial flexibility.
DE:FF0 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed