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

FOX FACTORY HOLDING CORP is the larger business by last-quarter revenue ($361.1M vs $243.8M, roughly 1.5× Harmony Biosciences Holdings, Inc.). On growth, Harmony Biosciences Holdings, Inc. posted the faster year-over-year revenue change (21.1% vs 2.3%). Over the past eight quarters, Harmony Biosciences Holdings, Inc.'s revenue compounded faster (25.6% CAGR vs 1.8%).

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

Harmony Biosciences Holdings, Inc. is a commercial-stage biopharmaceutical company focused on developing and commercializing innovative therapies for rare neurological and central nervous system disorders. Its primary market is the United States, with its core product serving patients living with narcolepsy and other sleep-related CNS conditions across adult and pediatric segments.

FOXF vs HRMY — Head-to-Head

Bigger by revenue
FOXF
FOXF
1.5× larger
FOXF
$361.1M
$243.8M
HRMY
Growing faster (revenue YoY)
HRMY
HRMY
+18.8% gap
HRMY
21.1%
2.3%
FOXF
Faster 2-yr revenue CAGR
HRMY
HRMY
Annualised
HRMY
25.6%
1.8%
FOXF

Income Statement — Q4 FY2027 vs Q4 FY2025

Metric
FOXF
FOXF
HRMY
HRMY
Revenue
$361.1M
$243.8M
Net Profit
$22.5M
Gross Margin
28.3%
71.9%
Operating Margin
-13.0%
15.8%
Net Margin
9.2%
Revenue YoY
2.3%
21.1%
Net Profit YoY
-54.6%
EPS (diluted)
$-6.86
$0.38

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
HRMY
HRMY
Q4 26
$361.1M
Q1 26
$368.7M
Q4 25
$376.4M
$243.8M
Q3 25
$374.9M
$239.5M
Q2 25
$355.0M
$200.5M
Q1 25
$352.8M
$184.7M
Q4 24
$201.3M
Q3 24
$359.1M
$186.0M
Net Profit
FOXF
FOXF
HRMY
HRMY
Q4 26
Q1 26
$-15.0M
Q4 25
$-634.0K
$22.5M
Q3 25
$2.7M
$50.9M
Q2 25
$-259.7M
$39.8M
Q1 25
$-141.0K
$45.6M
Q4 24
$49.5M
Q3 24
$4.8M
$46.1M
Gross Margin
FOXF
FOXF
HRMY
HRMY
Q4 26
28.3%
Q1 26
28.9%
Q4 25
30.4%
71.9%
Q3 25
31.2%
75.1%
Q2 25
30.9%
81.0%
Q1 25
28.9%
82.7%
Q4 24
73.0%
Q3 24
29.9%
77.0%
Operating Margin
FOXF
FOXF
HRMY
HRMY
Q4 26
-13.0%
Q1 26
72.8%
Q4 25
4.0%
15.8%
Q3 25
4.9%
27.3%
Q2 25
-70.6%
24.0%
Q1 25
3.2%
30.4%
Q4 24
27.7%
Q3 24
5.2%
33.2%
Net Margin
FOXF
FOXF
HRMY
HRMY
Q4 26
Q1 26
-4.1%
Q4 25
-0.2%
9.2%
Q3 25
0.7%
21.2%
Q2 25
-73.1%
19.8%
Q1 25
-0.0%
24.7%
Q4 24
24.6%
Q3 24
1.3%
24.8%
EPS (diluted)
FOXF
FOXF
HRMY
HRMY
Q4 26
$-6.86
Q1 26
$-0.36
Q4 25
$-0.02
$0.38
Q3 25
$0.07
$0.87
Q2 25
$-6.23
$0.68
Q1 25
$0.00
$0.78
Q4 24
$0.85
Q3 24
$0.11
$0.79

Balance Sheet & Financial Strength

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

Metric
FOXF
FOXF
HRMY
HRMY
Cash + ST InvestmentsLiquidity on hand
$58.0M
$775.3M
Total DebtLower is stronger
$26.9M
$163.7M
Stockholders' EquityBook value
$670.2M
$870.2M
Total Assets
$1.7B
$1.3B
Debt / EquityLower = less leverage
0.04×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXF
FOXF
HRMY
HRMY
Q4 26
$58.0M
Q1 26
$53.9M
Q4 25
$775.3M
Q3 25
$672.6M
Q2 25
$565.3M
Q1 25
$71.7M
$507.0M
Q4 24
$467.2M
Q3 24
$410.5M
Total Debt
FOXF
FOXF
HRMY
HRMY
Q4 26
$26.9M
Q1 26
$26.9M
Q4 25
$536.7M
$163.7M
Q3 25
$541.8M
$168.5M
Q2 25
$546.9M
$172.1M
Q1 25
$552.1M
$175.7M
Q4 24
$179.3M
Q3 24
$558.4M
$182.8M
Stockholders' Equity
FOXF
FOXF
HRMY
HRMY
Q4 26
$670.2M
Q1 26
$658.8M
Q4 25
$956.0M
$870.2M
Q3 25
$958.7M
$835.1M
Q2 25
$939.9M
$773.1M
Q1 25
$1.2B
$720.5M
Q4 24
$659.2M
Q3 24
$1.2B
$596.8M
Total Assets
FOXF
FOXF
HRMY
HRMY
Q4 26
$1.7B
Q1 26
$1.7B
Q4 25
$2.0B
$1.3B
Q3 25
$2.0B
$1.2B
Q2 25
$1.9B
$1.1B
Q1 25
$2.2B
$1.1B
Q4 24
$999.2M
Q3 24
$2.3B
$928.1M
Debt / Equity
FOXF
FOXF
HRMY
HRMY
Q4 26
0.04×
Q1 26
0.04×
Q4 25
0.56×
0.19×
Q3 25
0.57×
0.20×
Q2 25
0.58×
0.22×
Q1 25
0.46×
0.24×
Q4 24
0.27×
Q3 24
0.47×
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
FOXF
FOXF
HRMY
HRMY
Operating Cash FlowLast quarter
$60.9M
$126.2M
Free Cash FlowOCF − Capex
$126.0M
FCF MarginFCF / Revenue
51.7%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
5.61×
TTM Free Cash FlowTrailing 4 quarters
$347.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXF
FOXF
HRMY
HRMY
Q4 26
$60.9M
Q1 26
Q4 25
$5.3M
$126.2M
Q3 25
$36.8M
$108.7M
Q2 25
$680.0K
$79.3M
Q1 25
$81.7M
$34.0M
Q4 24
$75.6M
Q3 24
$14.1M
$70.5M
Free Cash Flow
FOXF
FOXF
HRMY
HRMY
Q4 26
Q1 26
Q4 25
$-2.5M
$126.0M
Q3 25
$24.6M
$108.7M
Q2 25
$-6.5M
$79.3M
Q1 25
$69.8M
$33.9M
Q4 24
$75.0M
Q3 24
$3.2M
$70.5M
FCF Margin
FOXF
FOXF
HRMY
HRMY
Q4 26
Q1 26
Q4 25
-0.7%
51.7%
Q3 25
6.6%
45.4%
Q2 25
-1.8%
39.6%
Q1 25
19.8%
18.3%
Q4 24
37.3%
Q3 24
0.9%
37.9%
Capex Intensity
FOXF
FOXF
HRMY
HRMY
Q4 26
Q1 26
Q4 25
2.1%
0.0%
Q3 25
3.3%
0.0%
Q2 25
2.0%
0.0%
Q1 25
3.4%
0.1%
Q4 24
0.3%
Q3 24
3.0%
0.0%
Cash Conversion
FOXF
FOXF
HRMY
HRMY
Q4 26
Q1 26
Q4 25
5.61×
Q3 25
13.41×
2.14×
Q2 25
1.99×
Q1 25
0.75×
Q4 24
1.53×
Q3 24
2.94×
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FOXF
FOXF

Aftermarket Applications Group$126.2M35%
Specialty Sports Group$118.2M33%
Powered Vehicles Group$116.7M32%

HRMY
HRMY

Segment breakdown not available.

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