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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and OLD NATIONAL BANCORP (ONB). Click either name above to swap in a different company.

OLD NATIONAL BANCORP is the larger business by last-quarter revenue ($702.8M vs $376.4M, roughly 1.9× FOX FACTORY HOLDING CORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs -0.2%, a 33.4% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs 4.8%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% 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.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

FOXF vs ONB — Head-to-Head

Bigger by revenue
ONB
ONB
1.9× larger
ONB
$702.8M
$376.4M
FOXF
Growing faster (revenue YoY)
ONB
ONB
+39.6% gap
ONB
44.4%
4.8%
FOXF
Higher net margin
ONB
ONB
33.4% more per $
ONB
33.3%
-0.2%
FOXF
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
6.4%
FOXF

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FOXF
FOXF
ONB
ONB
Revenue
$376.4M
$702.8M
Net Profit
$-634.0K
$233.7M
Gross Margin
30.4%
Operating Margin
4.0%
Net Margin
-0.2%
33.3%
Revenue YoY
4.8%
44.4%
Net Profit YoY
-113.3%
61.5%
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
ONB
ONB
Q1 26
$702.8M
Q4 25
$376.4M
$580.8M
Q3 25
$374.9M
$574.6M
Q2 25
$355.0M
$514.8M
Q1 25
$352.8M
$387.6M
Q4 24
$394.2M
Q3 24
$359.1M
$391.7M
Q2 24
$348.5M
$388.4M
Net Profit
FOXF
FOXF
ONB
ONB
Q1 26
$233.7M
Q4 25
$-634.0K
$216.6M
Q3 25
$2.7M
$182.6M
Q2 25
$-259.7M
$125.4M
Q1 25
$-141.0K
$144.7M
Q4 24
$153.9M
Q3 24
$4.8M
$143.8M
Q2 24
$5.4M
$121.2M
Gross Margin
FOXF
FOXF
ONB
ONB
Q1 26
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%
Operating Margin
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
4.0%
46.7%
Q3 25
4.9%
40.5%
Q2 25
-70.6%
30.2%
Q1 25
3.2%
46.8%
Q4 24
47.2%
Q3 24
5.2%
47.2%
Q2 24
5.3%
40.3%
Net Margin
FOXF
FOXF
ONB
ONB
Q1 26
33.3%
Q4 25
-0.2%
37.3%
Q3 25
0.7%
31.8%
Q2 25
-73.1%
24.4%
Q1 25
-0.0%
37.3%
Q4 24
39.0%
Q3 24
1.3%
36.7%
Q2 24
1.6%
31.2%
EPS (diluted)
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
$-0.02
$0.55
Q3 25
$0.07
$0.46
Q2 25
$-6.23
$0.34
Q1 25
$0.00
$0.44
Q4 24
$0.47
Q3 24
$0.11
$0.44
Q2 24
$0.13
$0.37

Balance Sheet & Financial Strength

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

Metric
FOXF
FOXF
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$536.7M
Stockholders' EquityBook value
$956.0M
$8.5B
Total Assets
$2.0B
$73.0B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$71.7M
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Total Debt
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
$536.7M
Q3 25
$541.8M
Q2 25
$546.9M
Q1 25
$552.1M
Q4 24
Q3 24
$558.4M
Q2 24
$564.1M
Stockholders' Equity
FOXF
FOXF
ONB
ONB
Q1 26
$8.5B
Q4 25
$956.0M
$8.5B
Q3 25
$958.7M
$8.3B
Q2 25
$939.9M
$8.1B
Q1 25
$1.2B
$6.5B
Q4 24
$6.3B
Q3 24
$1.2B
$6.4B
Q2 24
$1.2B
$6.1B
Total Assets
FOXF
FOXF
ONB
ONB
Q1 26
$73.0B
Q4 25
$2.0B
$72.2B
Q3 25
$2.0B
$71.2B
Q2 25
$1.9B
$71.0B
Q1 25
$2.2B
$53.9B
Q4 24
$53.6B
Q3 24
$2.3B
$53.6B
Q2 24
$2.3B
$53.1B
Debt / Equity
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
0.56×
Q3 25
0.57×
Q2 25
0.58×
Q1 25
0.46×
Q4 24
Q3 24
0.47×
Q2 24
0.47×

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
ONB
ONB
Operating Cash FlowLast quarter
$5.3M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-0.7%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$85.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
$5.3M
$159.2M
Q3 25
$36.8M
$341.2M
Q2 25
$680.0K
$72.9M
Q1 25
$81.7M
$108.2M
Q4 24
$235.8M
Q3 24
$14.1M
$121.3M
Q2 24
$26.7M
$161.0M
Free Cash Flow
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
$-2.5M
$137.3M
Q3 25
$24.6M
$333.6M
Q2 25
$-6.5M
$64.1M
Q1 25
$69.8M
$102.4M
Q4 24
$229.0M
Q3 24
$3.2M
$115.7M
Q2 24
$15.4M
$151.6M
FCF Margin
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
-0.7%
23.6%
Q3 25
6.6%
58.1%
Q2 25
-1.8%
12.4%
Q1 25
19.8%
26.4%
Q4 24
58.1%
Q3 24
0.9%
29.5%
Q2 24
4.4%
39.0%
Capex Intensity
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
2.1%
3.8%
Q3 25
3.3%
1.3%
Q2 25
2.0%
1.7%
Q1 25
3.4%
1.5%
Q4 24
1.7%
Q3 24
3.0%
1.4%
Q2 24
3.2%
2.4%
Cash Conversion
FOXF
FOXF
ONB
ONB
Q1 26
Q4 25
0.73×
Q3 25
13.41×
1.87×
Q2 25
0.58×
Q1 25
0.75×
Q4 24
1.53×
Q3 24
2.94×
0.84×
Q2 24
4.94×
1.33×

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%

ONB
ONB

Segment breakdown not available.

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