vs
Side-by-side financial comparison of Borr Drilling Ltd (BORR) and FOX FACTORY HOLDING CORP (FOXF). Click either name above to swap in a different company.
FOX FACTORY HOLDING CORP is the larger business by last-quarter revenue ($376.4M vs $267.7M, roughly 1.4× Borr Drilling Ltd). Borr Drilling Ltd runs the higher net margin — 13.1% vs -0.2%, a 13.3% gap on every dollar of revenue. On growth, FOX FACTORY HOLDING CORP posted the faster year-over-year revenue change (4.8% vs -1.5%).
Borr Drilling Ltd is a global offshore drilling contractor owning and operating a modern fleet of high-spec jack-up rigs. It offers drilling services to oil and gas exploration and production firms, with main operations across the North Sea, Southeast Asia, Middle East, and West Africa for shallow-water and marginal field projects.
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
BORR vs FOXF — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $267.7M | $376.4M |
| Net Profit | $35.1M | $-634.0K |
| Gross Margin | — | 30.4% |
| Operating Margin | 36.0% | 4.0% |
| Net Margin | 13.1% | -0.2% |
| Revenue YoY | -1.5% | 4.8% |
| Net Profit YoY | 10.7% | -113.3% |
| EPS (diluted) | $0.14 | $-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 | — | $376.4M | ||
| Q3 25 | — | $374.9M | ||
| Q2 25 | $267.7M | $355.0M | ||
| Q1 25 | — | $352.8M | ||
| Q3 24 | — | $359.1M | ||
| Q2 24 | $271.9M | $348.5M | ||
| Q1 24 | — | $333.5M | ||
| Q4 23 | — | $332.5M |
| Q4 25 | — | $-634.0K | ||
| Q3 25 | — | $2.7M | ||
| Q2 25 | $35.1M | $-259.7M | ||
| Q1 25 | — | $-141.0K | ||
| Q3 24 | — | $4.8M | ||
| Q2 24 | $31.7M | $5.4M | ||
| Q1 24 | — | $-3.5M | ||
| Q4 23 | — | $4.1M |
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 31.2% | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | — | 28.9% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 31.8% | ||
| Q1 24 | — | 30.9% | ||
| Q4 23 | — | 27.7% |
| Q4 25 | — | 4.0% | ||
| Q3 25 | — | 4.9% | ||
| Q2 25 | 36.0% | -70.6% | ||
| Q1 25 | — | 3.2% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | 38.4% | 5.3% | ||
| Q1 24 | — | 2.7% | ||
| Q4 23 | — | 3.4% |
| Q4 25 | — | -0.2% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 13.1% | -73.1% | ||
| Q1 25 | — | -0.0% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | 11.7% | 1.6% | ||
| Q1 24 | — | -1.0% | ||
| Q4 23 | — | 1.2% |
| Q4 25 | — | $-0.02 | ||
| Q3 25 | — | $0.07 | ||
| Q2 25 | $0.14 | $-6.23 | ||
| Q1 25 | — | $0.00 | ||
| Q3 24 | — | $0.11 | ||
| Q2 24 | $0.12 | $0.13 | ||
| Q1 24 | — | $-0.08 | ||
| Q4 23 | — | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $92.4M | — |
| Total DebtLower is stronger | — | $536.7M |
| Stockholders' EquityBook value | $1.0B | $956.0M |
| Total Assets | $3.4B | $2.0B |
| Debt / EquityLower = less leverage | — | 0.56× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $92.4M | — | ||
| Q1 25 | — | $71.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | $195.3M | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $83.6M |
| Q4 25 | — | $536.7M | ||
| Q3 25 | — | $541.8M | ||
| Q2 25 | — | $546.9M | ||
| Q1 25 | — | $552.1M | ||
| Q3 24 | — | $558.4M | ||
| Q2 24 | — | $564.1M | ||
| Q1 24 | — | $370.4M | ||
| Q4 23 | — | $373.5M |
| Q4 25 | — | $956.0M | ||
| Q3 25 | — | $958.7M | ||
| Q2 25 | $1.0B | $939.9M | ||
| Q1 25 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $999.2M | $1.2B | ||
| Q1 24 | — | $1.2B | ||
| Q4 23 | — | $1.2B |
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | $3.4B | $1.9B | ||
| Q1 25 | — | $2.2B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | $3.2B | $2.3B | ||
| Q1 24 | — | $2.2B | ||
| Q4 23 | — | $2.2B |
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.31× | ||
| Q4 23 | — | 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 | $6.3M | $5.3M |
| Free Cash FlowOCF − Capex | — | $-2.5M |
| FCF MarginFCF / Revenue | — | -0.7% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | 0.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $85.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $5.3M | ||
| Q3 25 | — | $36.8M | ||
| Q2 25 | $6.3M | $680.0K | ||
| Q1 25 | — | $81.7M | ||
| Q3 24 | — | $14.1M | ||
| Q2 24 | $16.0M | $26.7M | ||
| Q1 24 | — | $9.4M | ||
| Q4 23 | — | $52.1M |
| Q4 25 | — | $-2.5M | ||
| Q3 25 | — | $24.6M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $69.8M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $15.4M | ||
| Q1 24 | — | $-555.0K | ||
| Q4 23 | — | $37.3M |
| Q4 25 | — | -0.7% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | -1.8% | ||
| Q1 25 | — | 19.8% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | -0.2% | ||
| Q4 23 | — | 11.2% |
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 3.4% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 3.0% | ||
| Q4 23 | — | 4.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 13.41× | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | 0.50× | 4.94× | ||
| Q1 24 | — | — | ||
| Q4 23 | — | 12.85× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BORR
| Transferred Over Time | $256.6M | 96% |
| Transferred At Point In Time | $11.1M | 4% |
FOXF
| Specialty Sports Group | $132.7M | 35% |
| Powered Vehicles Group | $125.9M | 33% |
| Aftermarket Applications Group | $117.8M | 31% |
