Fox Factory Reports Q3 Net Loss of $109.6M on Lower Sales
Fox Factory Holding Corp. reported a net loss of $109.62 million for the third quarter of 2026, a significant decline from a net loss of $0.63 million in the same period last year. Net sales for the quarter decreased by 10.1% to $338.41 million. The company also reported a net loss of $120.71 million for the nine months ended October 2, 2026, compared to a net loss of $257.69 million in the prior year. The results were impacted by losses on divestitures totaling $131.94 million for the nine-month period.
Key Highlights
- Net sales decreased to $338.41 million for the three months ended October 2, 2026, down from $376.36 million in the prior year period.
- Net sales for the nine months ended October 2, 2026, were $1.065 billion, a decrease from $1.106 billion in the prior year period.
- Loss from operations for the three months ended October 2, 2026, was $98.62 million, compared to income from operations of $15.10 million in the prior year period.
- Net loss for the nine months ended October 2, 2026, was $120.71 million, compared to a net loss of $257.69 million in the prior year period.
- Total assets decreased from $1.67 billion as of January 2, 2026, to $1.22 billion as of October 2, 2026.
- Total liabilities decreased from $1.00 billion as of January 2, 2026, to $658.83 million as of October 2, 2026.
- Losses on divestitures amounted to $121.33 million for the three months and $131.94 million for the nine months ended October 2, 2026.
Price Impact
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