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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and HUTCHMED (China) Ltd (HCM). 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 $270.8M, roughly 1.4× HUTCHMED (China) Ltd). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -0.2%, a 0.9% gap on every dollar of revenue. On growth, FOX FACTORY HOLDING CORP posted the faster year-over-year revenue change (4.8% vs -16.5%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M vs $-2.5M).
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
HUTCHMED (China) LtdHCMEarnings & Financial Report
HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.
FOXF vs HCM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $376.4M | $270.8M |
| Net Profit | $-634.0K | $2.0M |
| Gross Margin | 30.4% | 37.7% |
| Operating Margin | 4.0% | -13.2% |
| Net Margin | -0.2% | 0.7% |
| Revenue YoY | 4.8% | -16.5% |
| Net Profit YoY | -113.3% | -83.6% |
| EPS (diluted) | $-0.02 | $0.00 |
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 | $270.8M | ||
| Q3 25 | $374.9M | — | ||
| Q2 25 | $355.0M | $277.7M | ||
| Q1 25 | $352.8M | $324.5M | ||
| Q3 24 | $359.1M | — | ||
| Q2 24 | $348.5M | $305.7M | ||
| Q1 24 | $333.5M | — | ||
| Q4 23 | $332.5M | — |
| Q4 25 | $-634.0K | $2.0M | ||
| Q3 25 | $2.7M | — | ||
| Q2 25 | $-259.7M | $455.0M | ||
| Q1 25 | $-141.0K | $11.9M | ||
| Q3 24 | $4.8M | — | ||
| Q2 24 | $5.4M | $25.8M | ||
| Q1 24 | $-3.5M | — | ||
| Q4 23 | $4.1M | — |
| Q4 25 | 30.4% | 37.7% | ||
| Q3 25 | 31.2% | — | ||
| Q2 25 | 30.9% | 0.1% | ||
| Q1 25 | 28.9% | 48.0% | ||
| Q3 24 | 29.9% | — | ||
| Q2 24 | 31.8% | 41.1% | ||
| Q1 24 | 30.9% | — | ||
| Q4 23 | 27.7% | — |
| Q4 25 | 4.0% | -13.2% | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | -70.6% | -1.3% | ||
| Q1 25 | 3.2% | -5.0% | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 5.3% | -9.0% | ||
| Q1 24 | 2.7% | — | ||
| Q4 23 | 3.4% | — |
| Q4 25 | -0.2% | 0.7% | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | -73.1% | 163.8% | ||
| Q1 25 | -0.0% | 3.7% | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 1.6% | 8.4% | ||
| Q1 24 | -1.0% | — | ||
| Q4 23 | 1.2% | — |
| Q4 25 | $-0.02 | $0.00 | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $-6.23 | $0.52 | ||
| Q1 25 | $0.00 | $0.01 | ||
| Q3 24 | $0.11 | — | ||
| Q2 24 | $0.13 | $0.03 | ||
| 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 | — | $1.4B |
| Total DebtLower is stronger | $536.7M | $93.2M |
| Stockholders' EquityBook value | $956.0M | $1.2B |
| Total Assets | $2.0B | $1.8B |
| Debt / EquityLower = less leverage | 0.56× | 0.08× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | $71.7M | $836.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $802.5M | ||
| Q1 24 | — | — | ||
| Q4 23 | $83.6M | — |
| Q4 25 | $536.7M | $93.2M | ||
| Q3 25 | $541.8M | — | ||
| Q2 25 | $546.9M | $93.4M | ||
| Q1 25 | $552.1M | $82.8M | ||
| Q3 24 | $558.4M | — | ||
| Q2 24 | $564.1M | $82.1M | ||
| Q1 24 | $370.4M | — | ||
| Q4 23 | $373.5M | — |
| Q4 25 | $956.0M | $1.2B | ||
| Q3 25 | $958.7M | — | ||
| Q2 25 | $939.9M | $1.2B | ||
| Q1 25 | $1.2B | $759.9M | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | $740.1M | ||
| Q1 24 | $1.2B | — | ||
| Q4 23 | $1.2B | — |
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $2.2B | $1.3B | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | $1.3B | ||
| Q1 24 | $2.2B | — | ||
| Q4 23 | $2.2B | — |
| Q4 25 | 0.56× | 0.08× | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.58× | 0.08× | ||
| Q1 25 | 0.46× | 0.11× | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.47× | 0.11× | ||
| 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 | $5.3M | $8.2M |
| Free Cash FlowOCF − Capex | $-2.5M | $3.4M |
| FCF MarginFCF / Revenue | -0.7% | 1.2% |
| Capex IntensityCapex / Revenue | 2.1% | 1.8% |
| Cash ConversionOCF / Net Profit | — | 4.21× |
| TTM Free Cash FlowTrailing 4 quarters | $85.4M | $-96.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.3M | $8.2M | ||
| Q3 25 | $36.8M | — | ||
| Q2 25 | $680.0K | $-72.9M | ||
| Q1 25 | $81.7M | $40.3M | ||
| Q3 24 | $14.1M | — | ||
| Q2 24 | $26.7M | $-39.8M | ||
| Q1 24 | $9.4M | — | ||
| Q4 23 | $52.1M | — |
| Q4 25 | $-2.5M | $3.4M | ||
| Q3 25 | $24.6M | — | ||
| Q2 25 | $-6.5M | $-82.2M | ||
| Q1 25 | $69.8M | $32.5M | ||
| Q3 24 | $3.2M | — | ||
| Q2 24 | $15.4M | $-49.9M | ||
| Q1 24 | $-555.0K | — | ||
| Q4 23 | $37.3M | — |
| Q4 25 | -0.7% | 1.2% | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | -1.8% | -29.6% | ||
| Q1 25 | 19.8% | 10.0% | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 4.4% | -16.3% | ||
| Q1 24 | -0.2% | — | ||
| Q4 23 | 11.2% | — |
| Q4 25 | 2.1% | 1.8% | ||
| Q3 25 | 3.3% | — | ||
| Q2 25 | 2.0% | 3.3% | ||
| Q1 25 | 3.4% | 2.4% | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 3.2% | 3.3% | ||
| Q1 24 | 3.0% | — | ||
| Q4 23 | 4.5% | — |
| Q4 25 | — | 4.21× | ||
| Q3 25 | 13.41× | — | ||
| Q2 25 | — | -0.16× | ||
| Q1 25 | — | 3.38× | ||
| Q3 24 | 2.94× | — | ||
| Q2 24 | 4.94× | -1.54× | ||
| Q1 24 | — | — | ||
| Q4 23 | 12.85× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FOXF
| Specialty Sports Group | $132.7M | 35% |
| Powered Vehicles Group | $125.9M | 33% |
| Aftermarket Applications Group | $117.8M | 31% |
HCM
Segment breakdown not available.
