Financials · FOXX

Foxx Development Holdings Inc. (FOXX) financials

For fiscal 2026 (ended Jun 30, 2026), Foxx Development Holdings Inc. reported $52.58M of revenue and -$52.69M of net income.

Revenue, FY2026
$52.58M
Revenue growth, YoY
-20.2%
Net income, FY2026
-$52.69M
Net margin
-100.2%
EPS, diluted, FY2026
-$7.61
Cash
$1.47M
Total debt
$73.4K
P/S
0.22
Market cap
$11.3M
Annual revenue$52.58M
FY2023FY2026
Annual net income-$52.69M
FY2023FY2026
Annual free cash flow-$6.63M
FY2023FY2025

FOXX revenue and earnings growth

FOXX revenueQ4 2026$6.98M

Quarter YoY
-49.9%
QoQ
-19.5%
FY YoY
-20.2%

FOXX revenue was $6.98M in fiscal Q4 2026 (ended Jun 30, 2026), down 49.9% from a year earlier and down 19.5% from the prior quarter. For the full fiscal 2026 it was $52.58M, down 20.2% from fiscal 2025. It rose in 1 of the last 3 fiscal years.

FOXX net incomeQ4 2026-$9.27M

FOXX net income was -$9.27M in fiscal Q4 2026 (ended Jun 30, 2026), compared with -$4.09M a year earlier. For the full fiscal 2026 it was -$52.69M, compared with -$9.02M in fiscal 2025.

FOXX EPSQ4 2026-$1.38

FOXX diluted EPS was -$1.38 in fiscal Q4 2026 (ended Jun 30, 2026). For the full fiscal 2026 it was -$7.61, compared with -$1.47 in fiscal 2025.

FOXX free cash flowQ4 2025-$1.91M

FOXX free cash flow was -$1.91M in fiscal Q4 2025 (ended Jun 30, 2025), compared with -$431.0K a year earlier. For the full fiscal 2025 it was -$6.63M, compared with -$4.69M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Revenue$52.58M$65.92M$3.23M$21.62M
Cost of revenue$50.89M$61.14M$3.11M$20.51M
Gross profit$1.69M$4.77M$115.9K$1.11M
Research and development$2.93M$2.08M$91.2K$272.1K
Selling, general and admin$11.03M$6.16M$2.08M$487.7K
Operating income-$43.90M-$9.70M-$3.13M$86.2K
Interest expense$8.76M$4.96M$278.3K$9.3K
Pre-tax income-$52.68M-$8.94M-$3.41M$72.4K
Income tax$10.3K$76.7K$19.8K$14.2K
Net income-$52.69M-$9.02M-$3.43M$58.2K
EPS, basic-$7.61-$1.47-$1.04$0.06
EPS, diluted-$7.61-$1.47-$1.04$0.06
Diluted shares6.9M6.1M3.3M1.0M

Balance sheet

Balance sheet
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Cash and equivalents$1.47M$1.88M$587.4K$1.82M
Receivables$6.10M$6.79M$251.9K-
Inventory$3.28M$12.69M$1.77M-
Current assets$11.56M$23.65M$4.33M$1.84M
Total assets$24.34M$26.00M$5.37M$2.01M
Current liabilities$45.70M$30.40M$8.95M$2.47M
Short-term debt$24.8K$23.7K$291.2K$291.2K
Long-term debt$48.6K$73.4K$95.4K-
Total debt$73.4K$97.2K$386.6K-
Total liabilities$81.16M$31.36M$9.38M$2.58M
Shareholders' equity-$56.82M-$5.36M-$4.00M-$571.8K

Cash flow

Cash flow
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Operating cash flow-$358.0K-$6.56M-$4.68M$30.2K
Capital expenditures-$68.3K$8.7K$66.9K
Free cash flow--$6.63M-$4.69M-$36.7K
Investing cash flow$8.8K-$40.2K-$8.7K-$66.9K
Financing cash flow-$37.0K$7.89M$3.45M$1.84M
Stock-based compensation$1.26M$815.7K--

Key ratios

Key ratios
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Revenue growth, YoY-20.2%1941.8%-85.1%-
Gross margin3.2%7.2%3.6%5.1%
Operating margin-83.5%-14.7%-96.9%0.4%
Net margin-100.2%-13.7%-106.3%0.3%
Free cash flow margin--10.1%-145.2%-0.2%
Return on assets-216.5%-34.7%-63.8%2.9%
Current ratio0.250.780.480.74

Source: XBRL data Foxx Development Holdings Inc. files with the SEC, latest filing dated Sep 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FOXX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FOXX$52.58M-20.2%-$52.69M-100.2%$11.3M
CSCO$63.33B+11.8%$13.27B21.0%$388.94B
ANET$11.89B+40.7%$4.75B40.0%$235.21B
FFIV$3.31B+9.4%$726.51M22.0%$17.99B
EXTR$1.31B+11.3%$52.49M4.0%$3.36B
DGII$506.21M+20.3%$48.73M9.6%$2.55B
ATEN$327.04M+15.0%$47.94M14.7%$1.96B
ALLT$101.99M+10.6%$3.71M3.6%$437.4M
LTRX$123.47M+4.4%-$3.24M-2.6%$255.2M

FOXX FAQ

8 questions
  • What is FOXX revenue?
    Foxx Development Holdings Inc. (FOXX) reported $52.58M of revenue for fiscal 2026 (ended Jun 30, 2026). That is down 20.2% from the year before.
  • Is FOXX profitable?
    No. Foxx Development Holdings Inc. reported a net loss of $52.69M for fiscal 2026 (ended Jun 30, 2026).
  • How much cash and debt does FOXX have?
    Foxx Development Holdings Inc. reported $1.47M in cash and cash equivalents and $73.4K of debt on its most recent balance sheet in SEC filings.
  • How fast is FOXX revenue growing?
    Foxx Development Holdings Inc.'s revenue changed -20.2% in fiscal 2026, to $52.58M.
  • What is FOXX gross margin?
    Foxx Development Holdings Inc.'s gross profit was $1.69M on $52.58M of revenue for fiscal 2026 (ended Jun 30, 2026), a gross margin of 3.2%.
  • What is FOXX earnings per share?
    Diluted earnings per share were -$7.61 for fiscal 2026 (ended Jun 30, 2026), from SEC filings, restated for any stock split those filings show.
  • When did FOXX last report financial results?
    The latest statements here come from Foxx Development Holdings Inc.'s 10-K filed on Sep 28, 2026, covering the period ended Jun 30, 2026.
  • Where does this FOXX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Foxx Development Holdings Inc. files with the SEC. It is provided for information only and is not investment advice.