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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and Hagerty, Inc. (HGTY). Click either name above to swap in a different company.

Hagerty, Inc. is the larger business by last-quarter revenue ($388.1M vs $376.4M, roughly 1.0× FOX FACTORY HOLDING CORP). Hagerty, Inc. runs the higher net margin — 7.4% vs -0.2%, a 7.5% gap on every dollar of revenue. On growth, Hagerty, Inc. posted the faster year-over-year revenue change (16.5% vs 4.8%). Hagerty, Inc. produced more free cash flow last quarter ($194.5M vs $-2.5M). Over the past eight quarters, Hagerty, Inc.'s revenue compounded faster (19.5% CAGR vs 6.4%).

Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.

Hagerty, Inc. is an American automotive lifestyle and membership company, as well as the world's largest provider of specialty insurance for classic vehicles. Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.

FOXF vs HGTY — Head-to-Head

Bigger by revenue
HGTY
HGTY
1.0× larger
HGTY
$388.1M
$376.4M
FOXF
Growing faster (revenue YoY)
HGTY
HGTY
+11.7% gap
HGTY
16.5%
4.8%
FOXF
Higher net margin
HGTY
HGTY
7.5% more per $
HGTY
7.4%
-0.2%
FOXF
More free cash flow
HGTY
HGTY
$196.9M more FCF
HGTY
$194.5M
$-2.5M
FOXF
Faster 2-yr revenue CAGR
HGTY
HGTY
Annualised
HGTY
19.5%
6.4%
FOXF

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FOXF
FOXF
HGTY
HGTY
Revenue
$376.4M
$388.1M
Net Profit
$-634.0K
$28.6M
Gross Margin
30.4%
Operating Margin
4.0%
10.2%
Net Margin
-0.2%
7.4%
Revenue YoY
4.8%
16.5%
Net Profit YoY
-113.3%
238.4%
EPS (diluted)
$-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.

Revenue
FOXF
FOXF
HGTY
HGTY
Q4 25
$376.4M
$388.1M
Q3 25
$374.9M
$380.0M
Q2 25
$355.0M
$368.7M
Q1 25
$352.8M
$319.6M
Q4 24
$333.2M
Q3 24
$359.1M
$323.4M
Q2 24
$348.5M
$313.2M
Q1 24
$333.5M
$271.7M
Net Profit
FOXF
FOXF
HGTY
HGTY
Q4 25
$-634.0K
$28.6M
Q3 25
$2.7M
$46.2M
Q2 25
$-259.7M
$47.2M
Q1 25
$-141.0K
$27.3M
Q4 24
$8.4M
Q3 24
$4.8M
$19.0M
Q2 24
$5.4M
$42.7M
Q1 24
$-3.5M
$8.2M
Gross Margin
FOXF
FOXF
HGTY
HGTY
Q4 25
30.4%
Q3 25
31.2%
Q2 25
30.9%
Q1 25
28.9%
Q4 24
Q3 24
29.9%
Q2 24
31.8%
Q1 24
30.9%
Operating Margin
FOXF
FOXF
HGTY
HGTY
Q4 25
4.0%
10.2%
Q3 25
4.9%
9.0%
Q2 25
-70.6%
12.9%
Q1 25
3.2%
8.1%
Q4 24
1.8%
Q3 24
5.2%
3.1%
Q2 24
5.3%
12.2%
Q1 24
2.7%
4.5%
Net Margin
FOXF
FOXF
HGTY
HGTY
Q4 25
-0.2%
7.4%
Q3 25
0.7%
12.2%
Q2 25
-73.1%
12.8%
Q1 25
-0.0%
8.5%
Q4 24
2.5%
Q3 24
1.3%
5.9%
Q2 24
1.6%
13.6%
Q1 24
-1.0%
3.0%
EPS (diluted)
FOXF
FOXF
HGTY
HGTY
Q4 25
$-0.02
Q3 25
$0.07
Q2 25
$-6.23
Q1 25
$0.00
Q4 24
Q3 24
$0.11
Q2 24
$0.13
Q1 24
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FOXF
FOXF
HGTY
HGTY
Cash + ST InvestmentsLiquidity on hand
$160.2M
Total DebtLower is stronger
$536.7M
$177.9M
Stockholders' EquityBook value
$956.0M
$221.3M
Total Assets
$2.0B
$2.1B
Debt / EquityLower = less leverage
0.56×
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXF
FOXF
HGTY
HGTY
Q4 25
$160.2M
Q3 25
$290.5M
Q2 25
$259.6M
Q1 25
$71.7M
$232.7M
Q4 24
$178.7M
Q3 24
$208.9M
Q2 24
$186.4M
Q1 24
$131.2M
Total Debt
FOXF
FOXF
HGTY
HGTY
Q4 25
$536.7M
$177.9M
Q3 25
$541.8M
$104.4M
Q2 25
$546.9M
$153.4M
Q1 25
$552.1M
$132.6M
Q4 24
$105.8M
Q3 24
$558.4M
$122.9M
Q2 24
$564.1M
$98.0M
Q1 24
$370.4M
$91.5M
Stockholders' Equity
FOXF
FOXF
HGTY
HGTY
Q4 25
$956.0M
$221.3M
Q3 25
$958.7M
$211.7M
Q2 25
$939.9M
$172.3M
Q1 25
$1.2B
$162.9M
Q4 24
$150.3M
Q3 24
$1.2B
$148.3M
Q2 24
$1.2B
$94.4M
Q1 24
$1.2B
$93.5M
Total Assets
FOXF
FOXF
HGTY
HGTY
Q4 25
$2.0B
$2.1B
Q3 25
$2.0B
$2.2B
Q2 25
$1.9B
$2.0B
Q1 25
$2.2B
$1.8B
Q4 24
$1.7B
Q3 24
$2.3B
$1.8B
Q2 24
$2.3B
$1.7B
Q1 24
$2.2B
$1.6B
Debt / Equity
FOXF
FOXF
HGTY
HGTY
Q4 25
0.56×
0.80×
Q3 25
0.57×
0.49×
Q2 25
0.58×
0.89×
Q1 25
0.46×
0.81×
Q4 24
0.70×
Q3 24
0.47×
0.83×
Q2 24
0.47×
1.04×
Q1 24
0.31×
0.98×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FOXF
FOXF
HGTY
HGTY
Operating Cash FlowLast quarter
$5.3M
$219.0M
Free Cash FlowOCF − Capex
$-2.5M
$194.5M
FCF MarginFCF / Revenue
-0.7%
50.1%
Capex IntensityCapex / Revenue
2.1%
6.3%
Cash ConversionOCF / Net Profit
7.67×
TTM Free Cash FlowTrailing 4 quarters
$85.4M
$365.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXF
FOXF
HGTY
HGTY
Q4 25
$5.3M
$219.0M
Q3 25
$36.8M
$92.2M
Q2 25
$680.0K
$53.9M
Q1 25
$81.7M
$43.8M
Q4 24
$177.0M
Q3 24
$14.1M
$67.4M
Q2 24
$26.7M
$64.0M
Q1 24
$9.4M
$58.2M
Free Cash Flow
FOXF
FOXF
HGTY
HGTY
Q4 25
$-2.5M
$194.5M
Q3 25
$24.6M
$85.2M
Q2 25
$-6.5M
$47.7M
Q1 25
$69.8M
$38.4M
Q4 24
$155.7M
Q3 24
$3.2M
$62.0M
Q2 24
$15.4M
$56.6M
Q1 24
$-555.0K
$53.7M
FCF Margin
FOXF
FOXF
HGTY
HGTY
Q4 25
-0.7%
50.1%
Q3 25
6.6%
22.4%
Q2 25
-1.8%
12.9%
Q1 25
19.8%
12.0%
Q4 24
46.7%
Q3 24
0.9%
19.2%
Q2 24
4.4%
18.1%
Q1 24
-0.2%
19.8%
Capex Intensity
FOXF
FOXF
HGTY
HGTY
Q4 25
2.1%
6.3%
Q3 25
3.3%
1.8%
Q2 25
2.0%
1.7%
Q1 25
3.4%
1.7%
Q4 24
6.4%
Q3 24
3.0%
1.7%
Q2 24
3.2%
2.4%
Q1 24
3.0%
1.7%
Cash Conversion
FOXF
FOXF
HGTY
HGTY
Q4 25
7.67×
Q3 25
13.41×
2.00×
Q2 25
1.14×
Q1 25
1.61×
Q4 24
20.97×
Q3 24
2.94×
3.55×
Q2 24
4.94×
1.50×
Q1 24
7.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FOXF
FOXF

Specialty Sports Group$132.7M35%
Powered Vehicles Group$125.9M33%
Aftermarket Applications Group$117.8M31%

HGTY
HGTY

Segment breakdown not available.

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