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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and New Fortress Energy Inc. (NFE). 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 $326.2M, roughly 1.2× New Fortress Energy Inc.). FOX FACTORY HOLDING CORP runs the higher net margin — -0.2% vs -259.7%, a 259.5% gap on every dollar of revenue. On growth, FOX FACTORY HOLDING CORP posted the faster year-over-year revenue change (4.8% vs -7.0%). FOX FACTORY HOLDING CORP produced more free cash flow last quarter ($-2.5M vs $-134.8M). Over the past eight quarters, FOX FACTORY HOLDING CORP's revenue compounded faster (6.4% CAGR vs -26.8%).
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
FOXF vs NFE — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $376.4M | $326.2M |
| Net Profit | $-634.0K | $-847.1M |
| Gross Margin | 30.4% | 35.5% |
| Operating Margin | 4.0% | -193.0% |
| Net Margin | -0.2% | -259.7% |
| Revenue YoY | 4.8% | -7.0% |
| Net Profit YoY | -113.3% | -277.4% |
| EPS (diluted) | $-0.02 | $-3.03 |
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 | $326.2M | ||
| Q3 25 | $374.9M | $240.3M | ||
| Q2 25 | $355.0M | $228.1M | ||
| Q1 25 | $352.8M | $384.9M | ||
| Q4 24 | — | $350.7M | ||
| Q3 24 | $359.1M | $446.0M | ||
| Q2 24 | $348.5M | $291.2M | ||
| Q1 24 | $333.5M | $609.5M |
| Q4 25 | $-634.0K | $-847.1M | ||
| Q3 25 | $2.7M | $-263.0M | ||
| Q2 25 | $-259.7M | $-546.5M | ||
| Q1 25 | $-141.0K | $-175.4M | ||
| Q4 24 | — | $-224.4M | ||
| Q3 24 | $4.8M | $9.3M | ||
| Q2 24 | $5.4M | $-88.9M | ||
| Q1 24 | $-3.5M | $54.1M |
| Q4 25 | 30.4% | 35.5% | ||
| Q3 25 | 31.2% | 18.1% | ||
| Q2 25 | 30.9% | 8.4% | ||
| Q1 25 | 28.9% | 21.4% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | 29.9% | 27.1% | ||
| Q2 24 | 31.8% | 23.8% | ||
| Q1 24 | 30.9% | 62.4% |
| Q4 25 | 4.0% | -193.0% | ||
| Q3 25 | 4.9% | -37.4% | ||
| Q2 25 | -70.6% | -170.3% | ||
| Q1 25 | 3.2% | -3.3% | ||
| Q4 24 | — | 65.0% | ||
| Q3 24 | 5.2% | 17.8% | ||
| Q2 24 | 5.3% | 12.3% | ||
| Q1 24 | 2.7% | 30.4% |
| Q4 25 | -0.2% | -259.7% | ||
| Q3 25 | 0.7% | -109.4% | ||
| Q2 25 | -73.1% | -239.6% | ||
| Q1 25 | -0.0% | -45.6% | ||
| Q4 24 | — | -64.0% | ||
| Q3 24 | 1.3% | 2.1% | ||
| Q2 24 | 1.6% | -30.5% | ||
| Q1 24 | -1.0% | 8.9% |
| Q4 25 | $-0.02 | $-3.03 | ||
| Q3 25 | $0.07 | $-0.96 | ||
| Q2 25 | $-6.23 | $-1.99 | ||
| Q1 25 | $0.00 | $-0.65 | ||
| Q4 24 | — | $-1.10 | ||
| Q3 24 | $0.11 | $0.03 | ||
| Q2 24 | $0.13 | $-0.42 | ||
| Q1 24 | $-0.08 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $226.5M |
| Total DebtLower is stronger | $536.7M | $8.2B |
| Stockholders' EquityBook value | $956.0M | $182.6M |
| Total Assets | $2.0B | $10.6B |
| Debt / EquityLower = less leverage | 0.56× | 44.78× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $226.5M | ||
| Q3 25 | — | $145.2M | ||
| Q2 25 | — | $551.1M | ||
| Q1 25 | $71.7M | $447.9M | ||
| Q4 24 | — | $492.9M | ||
| Q3 24 | — | $90.8M | ||
| Q2 24 | — | $133.0M | ||
| Q1 24 | — | $143.5M |
| Q4 25 | $536.7M | $8.2B | ||
| Q3 25 | $541.8M | — | ||
| Q2 25 | $546.9M | — | ||
| Q1 25 | $552.1M | — | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | $558.4M | — | ||
| Q2 24 | $564.1M | — | ||
| Q1 24 | $370.4M | — |
| Q4 25 | $956.0M | $182.6M | ||
| Q3 25 | $958.7M | $1.1B | ||
| Q2 25 | $939.9M | $1.3B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.6B | ||
| Q1 24 | $1.2B | $1.7B |
| Q4 25 | $2.0B | $10.6B | ||
| Q3 25 | $2.0B | $12.0B | ||
| Q2 25 | $1.9B | $12.0B | ||
| Q1 25 | $2.2B | $13.1B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | $2.3B | $12.0B | ||
| Q2 24 | $2.3B | $11.4B | ||
| Q1 24 | $2.2B | $10.9B |
| Q4 25 | 0.56× | 44.78× | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.58× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | — | 4.74× | ||
| 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 | $5.3M | $-76.2M |
| Free Cash FlowOCF − Capex | $-2.5M | $-134.8M |
| FCF MarginFCF / Revenue | -0.7% | -41.3% |
| Capex IntensityCapex / Revenue | 2.1% | 18.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $85.4M | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.3M | $-76.2M | ||
| Q3 25 | $36.8M | $-171.0M | ||
| Q2 25 | $680.0K | $-329.0M | ||
| Q1 25 | $81.7M | $-7.2M | ||
| Q4 24 | — | $445.3M | ||
| Q3 24 | $14.1M | $-20.0M | ||
| Q2 24 | $26.7M | $113.9M | ||
| Q1 24 | $9.4M | $63.0M |
| Q4 25 | $-2.5M | $-134.8M | ||
| Q3 25 | $24.6M | $-231.6M | ||
| Q2 25 | $-6.5M | $-726.7M | ||
| Q1 25 | $69.8M | $-262.3M | ||
| Q4 24 | — | $-210.3M | ||
| Q3 24 | $3.2M | $-367.0M | ||
| Q2 24 | $15.4M | $-493.2M | ||
| Q1 24 | $-555.0K | $-457.9M |
| Q4 25 | -0.7% | -41.3% | ||
| Q3 25 | 6.6% | -96.4% | ||
| Q2 25 | -1.8% | -318.6% | ||
| Q1 25 | 19.8% | -68.2% | ||
| Q4 24 | — | -60.0% | ||
| Q3 24 | 0.9% | -82.3% | ||
| Q2 24 | 4.4% | -169.3% | ||
| Q1 24 | -0.2% | -75.1% |
| Q4 25 | 2.1% | 18.0% | ||
| Q3 25 | 3.3% | 25.2% | ||
| Q2 25 | 2.0% | 174.4% | ||
| Q1 25 | 3.4% | 66.3% | ||
| Q4 24 | — | 187.0% | ||
| Q3 24 | 3.0% | 77.8% | ||
| Q2 24 | 3.2% | 208.4% | ||
| Q1 24 | 3.0% | 85.5% |
| Q4 25 | — | — | ||
| Q3 25 | 13.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.94× | -2.15× | ||
| Q2 24 | 4.94× | — | ||
| Q1 24 | — | 1.16× |
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% |
NFE
Segment breakdown not available.
