Fox Factory Holding earnings date
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Fox Factory Holding (FOXF) Q3 2026 Earnings Report
FOXF Q3 2026 EPS Results
- Actual EPS
- $0.54
- Consensus EPS
- $0.32
- Beat/Miss
- Beat by +$0.22
- One Year Ago EPS
- $0.23
FOXF Q3 2026 Revenue Results
- Actual Revenue
- $338.41M
- Expected Revenue
- $337.56M
- Beat/Miss
- Beat by +$857.00K
- YoY Revenue Growth
- -10.08%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/05/2026
- Time
- After Close
- Conference Call
- Thursday, November 5, 2026
Fox Factory Holding's next earnings date is estimated for February 25, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
The call presented a mixed picture. Fox made substantial progress on portfolio simplification, debt reduction, leverage, cost savings, working capital and cash generation, while powersports demand and several aftermarket brands remained healthy. However, third-quarter results missed expectations, consolidated sales declined, Powered Vehicles faced a supplier disruption, Aftermarket Applications and upfit operations remained challenged, and the full-year outlook was narrowed. Management expressed confidence that the operational issues are addressable, but the current results and near-term outlook reflect meaningful execution and macroeconomic challenges.
For the fourth quarter, Fox continues to expect net sales in the range of $287 million to $313 million and adjusted EBITDA in the range of $25 million to $30 million, both excluding Marucci and any additional IEEPA tariff refunds. For fiscal 2026, it continues to expect net sales in the range of $1.35 billion to $1.38 billion and now expects adjusted EBITDA in the range of $143 million to $148 million, excluding approximately $14 million of IEEPA tariff refunds received in the second and third quarters, or $157 million to $162 million including those refunds; full year guidance includes Marucci results through the September 25 closing. The outlook reflects input costs at current levels, including aluminum, steel and freight inflation, and assumes no further increases; fourth quarter adjusted EBITDA margin for Powered Vehicles and Aftermarket Applications combined is expected to be approximately flat versus the fourth quarter of 2025, and Fox is really not expecting much in the way of any material refund amounts in Q4 or beyond. Fox is not providing 2027 guidance today and expects to share more on its fourth quarter call in February.
- Marucci Divestiture Strengthened the Balance SheetFox completed the sale of Marucci on September 25 for an enterprise value of $225 million and applied $200 million of cash proceeds to debt reduction. Together with proceeds from the sale of Outside Van and quarterly free cash flow, net leverage declined from 3.7x to approximately 2.4x.
- Improved Financial Flexibility and Lower Interest ExpenseNet leverage was approximately 2.4x versus a 5x covenant, with approximately $400 million of revolver availability and a credit facility running to 2030. Applying the Marucci proceeds to debt reduced annualized interest expense by approximately $16 million, with the total reduction expected to reach $17 million after the $25 million deferred payment is received.
- Strong Powersports DemandPowered Vehicles Group net sales increased 4.1% year over year to $131 million, driven by powersports net sales growth of 28.8%. Powersports grew for a third consecutive quarter, and management said the order book remains strong going into the fourth quarter.
- Continued Investment in Innovation and EngineeringFox has more than 300 engineers and invests more than 4% of revenue in R&D. Management said its engineering organization continues to produce a compelling product roadmap and promoted Troy Henige to Chief Technology Officer to lead the enterprise technology vision, product roadmap and technology council.
- Cost-Savings Program Continued to ProgressFox captured approximately $41 million of gross savings through the first nine months against its $50 million stated goal, compared with $25 million last year. Adjusted operating expenses declined to $68.7 million, or 20.3% of sales, from $85.7 million, or 22.8% of sales, in the prior-year period.
- Sequential Operating Expense ImprovementAdjusted operating expenses declined by $9.8 million sequentially, representing a 160 basis point improvement as a percentage of sales. Unallocated corporate expense decreased by approximately $1.2 million sequentially, including the partial-quarter impact of the Marucci divestiture.
- Adjusted Net Income and EPS Increased Year Over YearAdjusted net income increased to $22.7 million, or $0.54 per diluted share, from $9.9 million, or $0.23 per diluted share, in the third quarter of the prior year.
- Gross Margin and EBITDA Benefited From Tariff RefundsGross margin increased to 31.5% from 30.4% in the prior-year quarter, primarily due to IEEPA tariff refunds. Adjusted EBITDA was $50.4 million, including approximately $12 million of IEEPA tariff refunds.
- Improved Working Capital and Operating Cash FlowDays inventory on hand improved to approximately 122 days from approximately 148 days a year ago. Net cash provided by operating activities was $74.7 million for the first nine months, compared with $42.8 million in the prior-year period.
- Disciplined Capital SpendingThird-quarter capital expenditures were approximately $4.7 million, or roughly 1.4% of revenue, while nine-month capital expenditures were $14.1 million, or 1.3% of revenue.
- Aftermarket Components Brands Continued to PerformCustom Wheel House, Ridetech and Sport Truck continued to benefit from product launches and value-seeking consumer behavior. These brands also continued to take price where the market allowed, even as some competitors discounted.
- New OEM Upfit Programs Provide Volume OpportunitiesFox said its OEM-partnered customization programs with Ford and Stellantis continue to build and are expected to provide steadier, menu-driven volume through its plants. The Ford Custom Garage, Ram DC650 and Ram partnership were cited as providing consistent volumes for the upfit division.
- Bike Business Retained Premium-Market LeadershipManagement said the bike business remains stable and that Fox continues to hold a leadership position in premium bike suspension. Relationships with new e-bike entrants, a motor-agnostic integration approach and work on the emerging 32-inch cross-country platform continue to position the company for industry developments.
- Fourth-Quarter Revenue Outlook for Continuing Businesses Was UnchangedFox maintained its fourth-quarter net sales outlook of $287 million to $313 million and adjusted EBITDA outlook of $25 million to $30 million, both excluding Marucci and any additional IEEPA tariff refunds. Management said fourth-quarter net sales for the businesses Fox continues to own are in line with the prior underlying guidance.
- Governance Reform ApprovedThe Board approved a plan to declassify the Board, with stockholders expected to vote at the 2027 Annual Meeting on a charter amendment implementing a customary phased transition to annual director elections.
FOXF Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Feb 25, 2027 | 2026 (Q4) | 0.10- | 0.2 | ― | ― |
| Nov 05, 2026 | 2026 (Q3) | 0.320.54 | 0.23 | 134.78% (+0.31) | |
| Aug 06, 2026 | 2026 (Q2) | 0.180.37 | 0.4 | -7.50% (-0.03) | |
| May 07, 2026 | 2026 (Q1) | 0.080.18 | 0.23 | -21.74% (-0.05) | |
| Feb 26, 2026 | 2025 (Q4) | 0.150.20 | 0.31 | -35.48% (-0.11) | |
| Nov 06, 2025 | 2025 (Q3) | 0.550.23 | 0.35 | -34.29% (-0.12) | |
| Aug 07, 2025 | 2025 (Q2) | 0.440.40 | 0.38 | 5.26% (+0.02) | |
| May 08, 2025 | 2025 (Q1) | 0.210.23 | 0.29 | -20.69% (-0.06) | |
| Feb 27, 2025 | 2024 (Q4) | 0.280.31 | 0.48 | -35.42% (-0.17) | |
| Oct 31, 2024 | 2024 (Q3) | 0.410.35 | 1.05 | -66.67% (-0.70) |
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.
