← FOX FACTORY HOLDING CORP
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $475.6m | $619.2m | $751.0m | $751.0m | $1.3b | $1.6b | $1.5b | $1.4b | $1.5b | $1.5b | |
| Cost of Revenue | $321.1m | $413.7m | $508.3m | $508.3m | $866.7m | $1.1b | $999.4m | $970.3m | $1.0b | $1.0b | |
| Cost of sales | $321.1m | $413.7m | — | $508.3m | $601.0m | $1.1b | $999.4m | — | $970.3m | $1.0b | |
| Gross Profit | $154.5m | $205.5m | $242.7m | $242.7m | $432.3m | $531.3m | $464.8m | $423.6m | $443.2m | $443.2m | |
| Research and development | $20.2m | $25.8m | — | $31.8m | $34.3m | $56.2m | $53.2m | — | $60.3m | $69.4m | |
| Operating Expenses | $87.4m | $111.0m | $129.9m | — | $235.4m | $284.6m | $304.7m | $365.9m | $966.2m | — | |
| Total operating expenses | $87.4m | $111.0m | — | $129.9m | $175.4m | $284.6m | $304.7m | — | $365.9m | $966.2m | |
| (Loss) income from operations | $67.0m | $94.5m | — | $112.8m | $114.1m | $246.7m | $160.1m | — | $57.7m | ($522.9m) | |
| Operating Income (Loss) | $67.0m | $94.5m | $112.8m | — | $196.9m | $246.7m | $160.1m | $57.7m | ($522.9m) | — | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $3.0m | $6.1m | $6.3m | — | $20.7m | $21.5m | $26.5m | $44.5m | $42.0m | — | |
| Capitalized Computer Software, Amortization | $565k | $869k | $1.9m | — | $2.5m | $3.8m | $2.9m | $3.9m | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $181k | $420k | $881k | — | $455k | $3.4m | $1.5m | $1.8m | ($2.0m) | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | $557.3m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $36.6m | $63.1m | $77.8m | — | $149.2m | $197.6m | $114.1m | ($13.4m) | ($595.9m) | — | |
| Goodwill impairment | — | — | — | — | — | — | $0 | — | $0 | $557.3m | |
| Sales and marketing | $27.9m | $37.3m | — | $42.8m | $52.2m | $90.8m | $100.5m | — | $121.2m | $132.1m | |
| General and administrative | $34.9m | $41.8m | — | $49.0m | $71.3m | $116.1m | $124.6m | — | $139.9m | $151.8m | |
| Amortization of purchased intangibles | $3.0m | $6.1m | — | $6.3m | $17.6m | $21.5m | $26.5m | — | $44.5m | $42.0m | |
| Intangible and long-lived asset impairment | — | — | — | — | — | — | $0 | — | $0 | $13.5m | |
| Net (loss) income | $43.2m | $85.4m | — | $94.5m | $91.7m | $205.3m | $120.8m | — | $6.5m | ($544.7m) | |
| Less: net loss attributable to non-controlling interest | ($55k) | $1.3m | — | $1.4m | $1.1m | $0 | $0 | — | ($38k) | ($141k) | |
| Net (loss) income attributable to Fox stockholders | $43.1m | $84.0m | — | $93.0m | $90.7m | $205.3m | $120.8m | — | $6.5m | ($544.6m) | |
| Basic (in shares) | $37.4m | $37.8m | — | $38.3m | $40.2m | $42.2m | $42.3m | — | $41.7m | $41.8m | |
| Diluted (in shares) | $38.7m | $39.0m | — | $39.2m | $40.8m | $42.4m | $42.4m | — | $41.7m | $41.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $67.0m | $94.5m | — | $112.8m | $188.4m | $233.8m | $138.7m | $1.0m | ($576.3m) | $522.9m | |
| (Loss) income before income taxes | $64.3m | $90.9m | — | $108.6m | $104.5m | $233.8m | $138.7m | — | $1.0m | ($576.3m) | |
| Net Income (Loss) Attributable to Parent | $43.1m | $84.0m | $93.0m | $93.0m | $163.8m | $205.3m | $120.8m | $6.5m | ($544.6m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $55k | $1.3m | $1.4m | $1.4m | $0 | $0 | $0 | ($38k) | ($141k) | $141k | |
| Earnings Per Share, Basic | $1.15 | $2.22 | $2.43 | $2.43 | $3.90 | $4.86 | $2.86 | $0.16 | ($13.03) | ($13.03) | |
| Earnings Per Share, Diluted | $1.11 | $2.16 | $2.38 | $2.38 | $3.87 | $4.84 | $2.85 | $0.16 | ($13.03) | ($13.03) | |
| Weighted Average Number of Shares Outstanding, Basic | 37.4m | 37.8m | 38.3m | — | 42.0m | 42.2m | 42.3m | 41.7m | 41.8m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 38.7m | 39.0m | 39.2m | — | 42.4m | 42.4m | 42.4m | 41.7m | 41.8m | — | |
| Research and Development Expense | $20.2m | $25.8m | $31.8m | — | $46.6m | $56.2m | $53.2m | $60.3m | $69.4m | — | |
| General and Administrative Expense | $34.9m | $41.8m | $49.0m | — | $97.2m | $116.1m | $124.6m | $139.9m | $151.8m | — | |
| Other Nonoperating Income (Expense) | ($360k) | ($583k) | ($1.1m) | — | ($371k) | ($4.0m) | ($2.1m) | ($1.7m) | $311k | — | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | $3.6m | — | — | |
| Nonoperating Income (Expense) | ($2.8m) | ($3.6m) | ($4.2m) | — | ($8.5m) | ($12.9m) | — | ($55.5m) | — | — | |
| Selling and Marketing Expense | $27.9m | $37.3m | $42.8m | — | $70.9m | $90.8m | $100.5m | $121.2m | $132.1m | — | |
| Other (income) expense, net | $2.8m | $3.6m | — | $4.2m | $325k | $4.0m | $2.1m | — | $1.7m | ($311k) | |
| Interest Expense | $2.4m | $3.1m | $3.2m | $3.2m | $8.2m | $8.9m | $19.3m | $54.9m | $53.7m | $53.7m | |
| Current Income Tax Expense (Benefit) | $22.3m | $18.2m | $24.5m | $14.1m | $39.2m | $50.0m | $25.7m | $17.7m | $13.3m | $31.6m | |
| Income Tax Expense (Benefit) | $21.1m | $5.5m | $14.1m | $14.1m | $24.6m | $28.5m | $17.8m | ($5.5m) | ($31.6m) | ($31.6m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.