Fox Factory Holding (FOXF) Q2 2026 Earnings Report

The call was broadly positive: second-quarter EBITDA exceeded guidance, cost savings are tracking ahead of plan, powersports is growing strongly, new product and OEM awards support future growth, and full-year revenue guidance was raised. However, the company continues to face meaningful pressure from lower year-over-year revenue, automotive supply constraints, elevated input and logistics costs, Marucci inventory cleanup, and a lower implied full-year margin range. The number and significance of the positive operating developments outweighed the stated challenges.

Fox now expects full-year net sales in the range of $1.42 billion to $1.47 billion and adjusted EBITDA in the range of $176 million to $196 million, implying a full-year adjusted EBITDA margin range of approximately 12.4% to 13.3%, compared with the roughly 13.1% to 14.3% implied in February; adjusted EBITDA represents growth of approximately 5% to 16% over fiscal 25 on roughly flat revenue. Capital expenditures are expected to be approximately 2% of revenues, the full-year tax rate is expected to be in the range of 15% to 18%, and cost savings are expected to be approximately $50 million. Third-quarter net sales are expected in the range of $355 million to $380 million, adjusted EBITDA in the range of $46 million to $54 million, and adjusted EBITDA margin approximately 13% to 14%; the outlook assumes commodity freight and fuel costs remain at or near elevated levels for the balance of the year, absorbs nearly $20 million of incremental inflation beyond the original plan, approximately $15 million of which is anticipated in the second half, and excludes any recovery of as much as $8 million of additional tariff costs previously incurred.