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Side-by-side financial comparison of BELDEN INC. (BDC) and FOX FACTORY HOLDING CORP (FOXF). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($720.1M vs $376.4M, roughly 1.9× FOX FACTORY HOLDING CORP). BELDEN INC. runs the higher net margin — 9.4% vs -0.2%, a 9.6% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (8.1% vs 4.8%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $-2.5M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (15.9% CAGR vs 6.4%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
BDC vs FOXF — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $720.1M | $376.4M |
| Net Profit | $67.9M | $-634.0K |
| Gross Margin | 36.6% | 30.4% |
| Operating Margin | 12.2% | 4.0% |
| Net Margin | 9.4% | -0.2% |
| Revenue YoY | 8.1% | 4.8% |
| Net Profit YoY | 16.3% | -113.3% |
| EPS (diluted) | $1.70 | $-0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $720.1M | $376.4M | ||
| Q3 25 | $698.2M | $374.9M | ||
| Q2 25 | $672.0M | $355.0M | ||
| Q1 25 | $624.9M | $352.8M | ||
| Q4 24 | $666.0M | — | ||
| Q3 24 | $654.9M | $359.1M | ||
| Q2 24 | $604.3M | $348.5M | ||
| Q1 24 | $535.7M | $333.5M |
| Q4 25 | $67.9M | $-634.0K | ||
| Q3 25 | $56.7M | $2.7M | ||
| Q2 25 | $61.0M | $-259.7M | ||
| Q1 25 | $51.9M | $-141.0K | ||
| Q4 24 | $58.4M | — | ||
| Q3 24 | $53.7M | $4.8M | ||
| Q2 24 | $49.0M | $5.4M | ||
| Q1 24 | $37.3M | $-3.5M |
| Q4 25 | 36.6% | 30.4% | ||
| Q3 25 | 37.7% | 31.2% | ||
| Q2 25 | 38.5% | 30.9% | ||
| Q1 25 | 39.3% | 28.9% | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 37.3% | 29.9% | ||
| Q2 24 | 37.5% | 31.8% | ||
| Q1 24 | 37.6% | 30.9% |
| Q4 25 | 12.2% | 4.0% | ||
| Q3 25 | 10.9% | 4.9% | ||
| Q2 25 | 11.8% | -70.6% | ||
| Q1 25 | 11.6% | 3.2% | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 11.5% | 5.2% | ||
| Q2 24 | 11.4% | 5.3% | ||
| Q1 24 | 9.9% | 2.7% |
| Q4 25 | 9.4% | -0.2% | ||
| Q3 25 | 8.1% | 0.7% | ||
| Q2 25 | 9.1% | -73.1% | ||
| Q1 25 | 8.3% | -0.0% | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 8.2% | 1.3% | ||
| Q2 24 | 8.1% | 1.6% | ||
| Q1 24 | 7.0% | -1.0% |
| Q4 25 | $1.70 | $-0.02 | ||
| Q3 25 | $1.41 | $0.07 | ||
| Q2 25 | $1.53 | $-6.23 | ||
| Q1 25 | $1.27 | $0.00 | ||
| Q4 24 | $1.41 | — | ||
| Q3 24 | $1.30 | $0.11 | ||
| Q2 24 | $1.19 | $0.13 | ||
| Q1 24 | $0.90 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $389.9M | — |
| Total DebtLower is stronger | — | $536.7M |
| Stockholders' EquityBook value | $1.3B | $956.0M |
| Total Assets | $3.5B | $2.0B |
| Debt / EquityLower = less leverage | — | 0.56× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $389.9M | — | ||
| Q3 25 | $314.3M | — | ||
| Q2 25 | $301.5M | — | ||
| Q1 25 | $259.0M | $71.7M | ||
| Q4 24 | $370.3M | — | ||
| Q3 24 | $323.0M | — | ||
| Q2 24 | $564.8M | — | ||
| Q1 24 | $506.8M | — |
| Q4 25 | — | $536.7M | ||
| Q3 25 | — | $541.8M | ||
| Q2 25 | — | $546.9M | ||
| Q1 25 | — | $552.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $558.4M | ||
| Q2 24 | — | $564.1M | ||
| Q1 24 | — | $370.4M |
| Q4 25 | $1.3B | $956.0M | ||
| Q3 25 | $1.2B | $958.7M | ||
| Q2 25 | $1.2B | $939.9M | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.2B |
| Q4 25 | $3.5B | $2.0B | ||
| Q3 25 | $3.4B | $2.0B | ||
| Q2 25 | $3.4B | $1.9B | ||
| Q1 25 | $3.3B | $2.2B | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.3B | $2.3B | ||
| Q2 24 | $3.5B | $2.3B | ||
| Q1 24 | $3.1B | $2.2B |
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.31× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $160.4M | $5.3M |
| Free Cash FlowOCF − Capex | $121.3M | $-2.5M |
| FCF MarginFCF / Revenue | 16.8% | -0.7% |
| Capex IntensityCapex / Revenue | 5.4% | 2.1% |
| Cash ConversionOCF / Net Profit | 2.36× | — |
| TTM Free Cash FlowTrailing 4 quarters | $218.7M | $85.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $160.4M | $5.3M | ||
| Q3 25 | $105.0M | $36.8M | ||
| Q2 25 | $82.0M | $680.0K | ||
| Q1 25 | $7.4M | $81.7M | ||
| Q4 24 | $174.7M | — | ||
| Q3 24 | $91.7M | $14.1M | ||
| Q2 24 | $83.0M | $26.7M | ||
| Q1 24 | $2.7M | $9.4M |
| Q4 25 | $121.3M | $-2.5M | ||
| Q3 25 | $65.3M | $24.6M | ||
| Q2 25 | $56.9M | $-6.5M | ||
| Q1 25 | $-24.8M | $69.8M | ||
| Q4 24 | $116.4M | — | ||
| Q3 24 | $67.2M | $3.2M | ||
| Q2 24 | $61.0M | $15.4M | ||
| Q1 24 | $-21.5M | $-555.0K |
| Q4 25 | 16.8% | -0.7% | ||
| Q3 25 | 9.4% | 6.6% | ||
| Q2 25 | 8.5% | -1.8% | ||
| Q1 25 | -4.0% | 19.8% | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 10.3% | 0.9% | ||
| Q2 24 | 10.1% | 4.4% | ||
| Q1 24 | -4.0% | -0.2% |
| Q4 25 | 5.4% | 2.1% | ||
| Q3 25 | 5.7% | 3.3% | ||
| Q2 25 | 3.7% | 2.0% | ||
| Q1 25 | 5.2% | 3.4% | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 3.7% | 3.0% | ||
| Q2 24 | 3.6% | 3.2% | ||
| Q1 24 | 4.5% | 3.0% |
| Q4 25 | 2.36× | — | ||
| Q3 25 | 1.85× | 13.41× | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | 2.94× | ||
| Q2 24 | 1.69× | 4.94× | ||
| Q1 24 | 0.07× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
| Automation Solutions Segment | $397.7M | 55% |
| Broadband Solutions | $164.8M | 23% |
| Smart Buildings Solutions | $157.7M | 22% |
FOXF
| Specialty Sports Group | $132.7M | 35% |
| Powered Vehicles Group | $125.9M | 33% |
| Aftermarket Applications Group | $117.8M | 31% |
