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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $376.4M, roughly 1.0× FOX FACTORY HOLDING CORP). Paylocity Holding Corp runs the higher net margin — 13.0% vs -0.2%, a 13.1% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 4.8%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-2.5M). Over the past eight quarters, FOX FACTORY HOLDING CORP's revenue compounded faster (6.4% CAGR vs 2.7%).
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
FOXF vs PCTY — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $376.4M | $387.0M |
| Net Profit | $-634.0K | $50.2M |
| Gross Margin | 30.4% | 72.9% |
| Operating Margin | 4.0% | 18.2% |
| Net Margin | -0.2% | 13.0% |
| Revenue YoY | 4.8% | 11.3% |
| Net Profit YoY | -113.3% | 34.0% |
| EPS (diluted) | $-0.02 | $0.92 |
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 | $387.0M | ||
| Q3 25 | $374.9M | $378.9M | ||
| Q2 25 | $355.0M | $369.9M | ||
| Q1 25 | $352.8M | $421.1M | ||
| Q4 24 | — | $347.7M | ||
| Q3 24 | $359.1M | $333.1M | ||
| Q2 24 | $348.5M | $324.7M | ||
| Q1 24 | $333.5M | $366.8M |
| Q4 25 | $-634.0K | $50.2M | ||
| Q3 25 | $2.7M | $48.0M | ||
| Q2 25 | $-259.7M | $48.6M | ||
| Q1 25 | $-141.0K | $91.5M | ||
| Q4 24 | — | $37.5M | ||
| Q3 24 | $4.8M | $49.6M | ||
| Q2 24 | $5.4M | $48.8M | ||
| Q1 24 | $-3.5M | $85.3M |
| Q4 25 | 30.4% | 72.9% | ||
| Q3 25 | 31.2% | 73.9% | ||
| Q2 25 | 30.9% | 73.5% | ||
| Q1 25 | 28.9% | 77.1% | ||
| Q4 24 | — | 72.6% | ||
| Q3 24 | 29.9% | 74.4% | ||
| Q2 24 | 31.8% | 74.0% | ||
| Q1 24 | 30.9% | 77.8% |
| Q4 25 | 4.0% | 18.2% | ||
| Q3 25 | 4.9% | 19.6% | ||
| Q2 25 | -70.6% | 17.9% | ||
| Q1 25 | 3.2% | 30.2% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | 5.2% | 19.3% | ||
| Q2 24 | 5.3% | 19.4% | ||
| Q1 24 | 2.7% | 29.0% |
| Q4 25 | -0.2% | 13.0% | ||
| Q3 25 | 0.7% | 12.7% | ||
| Q2 25 | -73.1% | 13.1% | ||
| Q1 25 | -0.0% | 21.7% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | 1.3% | 14.9% | ||
| Q2 24 | 1.6% | 15.0% | ||
| Q1 24 | -1.0% | 23.3% |
| Q4 25 | $-0.02 | $0.92 | ||
| Q3 25 | $0.07 | $0.86 | ||
| Q2 25 | $-6.23 | $0.87 | ||
| Q1 25 | $0.00 | $1.61 | ||
| Q4 24 | — | $0.66 | ||
| Q3 24 | $0.11 | $0.88 | ||
| Q2 24 | $0.13 | $0.85 | ||
| Q1 24 | $-0.08 | $1.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $162.5M |
| Total DebtLower is stronger | $536.7M | $81.3M |
| Stockholders' EquityBook value | $956.0M | $1.1B |
| Total Assets | $2.0B | $7.0B |
| Debt / EquityLower = less leverage | 0.56× | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $162.5M | ||
| Q3 25 | — | $165.2M | ||
| Q2 25 | — | $398.1M | ||
| Q1 25 | $71.7M | $477.8M | ||
| Q4 24 | — | $482.4M | ||
| Q3 24 | — | $778.5M | ||
| Q2 24 | — | $401.8M | ||
| Q1 24 | — | $492.7M |
| Q4 25 | $536.7M | $81.3M | ||
| Q3 25 | $541.8M | $81.3M | ||
| Q2 25 | $546.9M | $162.5M | ||
| Q1 25 | $552.1M | $243.8M | ||
| Q4 24 | — | $325.0M | ||
| Q3 24 | $558.4M | $325.0M | ||
| Q2 24 | $564.1M | $0 | ||
| Q1 24 | $370.4M | — |
| Q4 25 | $956.0M | $1.1B | ||
| Q3 25 | $958.7M | $1.1B | ||
| Q2 25 | $939.9M | $1.2B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.0B | ||
| Q1 24 | $1.2B | $1.1B |
| Q4 25 | $2.0B | $7.0B | ||
| Q3 25 | $2.0B | $4.2B | ||
| Q2 25 | $1.9B | $4.4B | ||
| Q1 25 | $2.2B | $5.2B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | $2.3B | $4.0B | ||
| Q2 24 | $2.3B | $4.2B | ||
| Q1 24 | $2.2B | $5.0B |
| Q4 25 | 0.56× | 0.07× | ||
| Q3 25 | 0.57× | 0.07× | ||
| Q2 25 | 0.58× | 0.13× | ||
| Q1 25 | 0.46× | 0.20× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | 0.47× | 0.29× | ||
| Q2 24 | 0.47× | 0.00× | ||
| 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 | $117.0M |
| Free Cash FlowOCF − Capex | $-2.5M | $113.6M |
| FCF MarginFCF / Revenue | -0.7% | 29.4% |
| Capex IntensityCapex / Revenue | 2.1% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $85.4M | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.3M | $117.0M | ||
| Q3 25 | $36.8M | $86.5M | ||
| Q2 25 | $680.0K | $86.6M | ||
| Q1 25 | $81.7M | $186.0M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | $14.1M | $91.5M | ||
| Q2 24 | $26.7M | $79.9M | ||
| Q1 24 | $9.4M | $167.5M |
| Q4 25 | $-2.5M | $113.6M | ||
| Q3 25 | $24.6M | $82.7M | ||
| Q2 25 | $-6.5M | $81.1M | ||
| Q1 25 | $69.8M | $183.7M | ||
| Q4 24 | — | $51.2M | ||
| Q3 24 | $3.2M | $89.1M | ||
| Q2 24 | $15.4M | $73.6M | ||
| Q1 24 | $-555.0K | $162.0M |
| Q4 25 | -0.7% | 29.4% | ||
| Q3 25 | 6.6% | 21.8% | ||
| Q2 25 | -1.8% | 21.9% | ||
| Q1 25 | 19.8% | 43.6% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | 0.9% | 26.8% | ||
| Q2 24 | 4.4% | 22.7% | ||
| Q1 24 | -0.2% | 44.2% |
| Q4 25 | 2.1% | 0.9% | ||
| Q3 25 | 3.3% | 1.0% | ||
| Q2 25 | 2.0% | 1.5% | ||
| Q1 25 | 3.4% | 0.5% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | 3.0% | 0.7% | ||
| Q2 24 | 3.2% | 1.9% | ||
| Q1 24 | 3.0% | 1.5% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | 13.41× | 1.80× | ||
| Q2 25 | — | 1.78× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 2.94× | 1.84× | ||
| Q2 24 | 4.94× | 1.64× | ||
| Q1 24 | — | 1.96× |
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% |
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
