Fox Factory Holding Corp.
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Range $20 – $24
Price Chart
About the company
Fox Factory Holding Corp. is a global enterprise dedicated to the design, engineering, production, and distribution of advanced ride dynamics solutions. The company's product line features sophisticated front fork and rear suspension systems for a variety of bicycles, encompassing mid-to-high-end mountain, road, and electric bikes.
- CEO
- Michael C. Dennison
- IPO
- 2013
- Employees
- 3,700
- HQ
- Duluth, GA, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $894.50M
- P/E
- -2.99
- Fwd P/E
- 13.97
- PEG
- 0.03
- P/S
- 0.61
- P/B
- 1.34
- EV/EBITDA
- -9.07
- Div Yield
- 0.00%
- Gross Margin
- 29.14%
- Op Margin
- -17.24%
- Net Margin
- -20.39%
- ROE
- -40.46%
- ROIC
- -16.09%
Latest fiscal year · YoY change
- Revenue
- $1.47B+5.3%
- Gross Profit
- $443.25M+4.6%
- Op Income
- $-522,933,000
- Net Income
- $-544,579,000-8414.2%
- EPS
- $-13.04-8250.0%
- OCF Growth
- -53.8%
- FCF Growth
- -69.3%
- 52W High
- $30.56
- 52W Low
- $13.08
- 50D MA
- $18.65
- 200D MA
- $17.73
- Beta
- 1.36
- RSI (14)
- 61
- Avg Volume
- 598.02K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Fox Factory beat the high end of its first-quarter EBITDA guide, reiterated full-year 2026 outlook, and said cost savings and portfolio actions are tracking to plan despite tariff and supply chain pressure.· May 7, 2026
- Q1 revenue was $368.7 million, up 3.9% year over year, and adjusted EBITDA was $35.7 million, above the high end of guidance.
- Management reaffirmed full-year 2026 guidance for $1.328 billion to $1.416 billion of sales and $174 million to $203 million of adjusted EBITDA.
- The company said its planned $50 million of 2026 cost savings is on track, with $10 million from Phase 1 carryover and about $40 million from Phase 2 actions.
- Phoenix operations were divested in the quarter, and proceeds are being directed to debt reduction.
- Margins were pressured by tariffs, mix, and supply-chain issues in upfit, while management expects most margin expansion to come in the second half.
Total consolidated net sales were $368.7 million, up 3.9% year over year. Gross margin was 28.9% versus 30.9% a year ago, and adjusted EBITDA was $35.7 million versus $39.6 million last year. Adjusted net income was $7.4 million, or $0.18 per diluted share, versus $9.8 million, or $0.23 per diluted share last year. For full-year 2026, the company reaffirmed sales guidance of $1.328 billion to $1.416 billion and adjusted EBITDA guidance of $174 million to $203 million, with about 200 basis points of EBITDA margin improvement at the midpoint versus 2025. For Q2, it guided to sales of $343 million to $365 million and adjusted EBITDA of $32 million to $40 million.
Mike Dennison emphasized that the February plan is “landing” as expected, with Phase 1 carryover flowing through, Phase 2 on schedule, and the Phoenix divestiture completed. His tone was confident but guarded: he repeatedly said Fox is not relying on end-market recovery or tariff relief in 2026 and is focused on what it can control, especially cost reduction, portfolio tightening, and operational discipline. He also highlighted dealer expansion, OEM partnership models in upfit, and new customer wins in bike and soft goods as longer-term growth drivers.
Dennis Schemm walked through the quarter’s key metrics: revenue of $368.7 million, gross margin of 28.9%, adjusted EBITDA of $35.7 million, adjusted EBITDA margin of 9.7%, and adjusted EPS of $0.18. He said adjusted operating expenses were $85.5 million, or 23.2% of sales, down from 23.8% a year ago, and debt ended the quarter at $688.2 million after rising about $15 million sequentially due to working capital timing. He noted capex was $5.4 million, or about 1.5% of revenue, below the full-year target of about 2%, and said the company recently amended its credit agreement to add flexibility and covenant headroom. On tariffs, he said the earlier $15 million net headwind remains concentrated in the first half, but the new Section 232 framework is approximately neutral to the business in 2026 excluding Marzocchi.
Analysts pressed on whether Fox was seeing any consumer shift from elevated fuel prices; management said the premium automotive customer has not shown a material demand change, but higher fuel and interest rates can actually support aftermarket upgrades because consumers keep existing vehicles longer. Questions also focused on powersports tariffs and demand, and management said channel rebalancing is improving, with diversification across OEMs helping offset mix swings. On margins, management said the full-year improvement path relies on better AAG execution, PVD improvements, Marzocchi product launches, and cost savings layering in through the year. Analysts also asked about the upfit partnership model and tariff math; management described it as a new OEM-driven channel that lowers SG&A and improves forecasting, while saying tariff relief from the new framework should be modest and likely show up late in the year.
The quarter showed that revenue and EBITDA can exceed expectations even in a challenged macro, and management believes the cost-out plan is already working. New OEM upfit partnerships, dealer additions, stronger aftermarket demand, and improving powersports channel inventory all point to possible second-half operating leverage if execution continues.
Gross margin fell to 28.9% from 30.9% last year, and management still sees meaningful pressure from tariffs, steel and aluminum costs, and supply-chain disruptions. Several businesses remain lumpy: the F-150 aluminum issue will not be recovered in 2026, Marzocchi is dealing with soft bat demand and inventory overhang, and the bike category remains volatile with only a modest sequential improvement expected.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 98.8%
- Shares Outstanding
- 41.94M
- Float Shares
- 41.45M
of shares held by institutions
197 13F filers
Buy/sell ratio 1.25. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for FOXF, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Josh GottheimerHouse · NJ05 | Sell | Nov 19, 24 | Filing → |
| Josh GottheimerHouse · NJ05 | Buy | Apr 15, 24 | Filing → |
| Josh GottheimerHouse · NJ05 | Sell | Mar 14, 24 | Filing → |
| Josh GottheimerHouse · NJ05 | Buy | Oct 16, 23 | Filing → |
| Josh GottheimerHouse · NJ05 | Sell | Sep 15, 23 | Filing → |
| Josh GottheimerHouse · NJ05 | Buy | Apr 10, 23 | Filing → |
| Donna ShalalaHouse · FL27 | Sell | Jun 24, 19 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Blackrock, Inc. | 6.47M | ▲ 179.67K |
| Rwwm, Inc. | 5.38M | ▼ 151.38K |
| Vanguard Group Inc | 3.83M | ▼ 422.27K |
| Engine Capital Management, LP | 2.09M | ▲ 61.13K |
| Vanguard Capital Management LLC | 1.86M | ▲ 40.12K |
| Estuary Capital Management LP | 1.68M | ▼ 133.10K |
| State Street Corp | 1.67M | ▲ 52.10K |
| Dimensional Fund Advisors LP | 1.53M | ▲ 257.38K |
| Nantahala Capital Management, LLC | 1.31M | ▼ 177.60K |
| Geode Capital Management, LLC | 1.10M | ▲ 65.65K |
| Coliseum Capital Management, LLC | 1.10M | ▲ 1.10M |
| Manufacturers Life Insurance Company, The | 946.33K | ▼ 51.28K |
Held by 231 ETFs
Biggest fund positions in FOXF by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| May 8, 26 | JOHNSON SIDNEY | other | 8,989 |
| May 8, 26 | Grimm Douglas J. | other | 8,989 |
| May 8, 26 | FETTER ELIZABETH A | other | 8,989 |
| May 8, 26 | DUNCAN THOMAS E. | other | 8,989 |
| May 8, 26 | Bazaar Alan Lee | other | 8,989 |
| May 8, 26 | HLAY JEAN | other | 9,832 |
| May 2, 26 | Enick Brendan | other | 134 |
| May 2, 26 | Schemm Dennis Charles | other | 524 |
| Mar 25, 26 | Grimm Douglas J. | other | 1,136 |
| Mar 25, 26 | Grimm Douglas J. | other | 0 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our FOXF coverage
Recent articles, reports, and earnings notes.
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