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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and EPLUS INC (PLUS). Click either name above to swap in a different company.

EPLUS INC is the larger business by last-quarter revenue ($614.8M vs $376.4M, roughly 1.6× FOX FACTORY HOLDING CORP). EPLUS INC runs the higher net margin — 5.7% vs -0.2%, a 5.9% gap on every dollar of revenue. On growth, EPLUS INC posted the faster year-over-year revenue change (20.3% vs 4.8%). Over the past eight quarters, FOX FACTORY HOLDING CORP's revenue compounded faster (6.4% CAGR vs 2.3%).

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

ePlus Inc.(Nasdaq: PLUS) is an American consultative technology solutions provider that provides solutions and advisory and managed services across the technology spectrum, including security, cloud, networking, collaboration, artificial intelligence, and emerging solutions to more than 5,000 customers.

FOXF vs PLUS — Head-to-Head

Bigger by revenue
PLUS
PLUS
1.6× larger
PLUS
$614.8M
$376.4M
FOXF
Growing faster (revenue YoY)
PLUS
PLUS
+15.5% gap
PLUS
20.3%
4.8%
FOXF
Higher net margin
PLUS
PLUS
5.9% more per $
PLUS
5.7%
-0.2%
FOXF
Faster 2-yr revenue CAGR
FOXF
FOXF
Annualised
FOXF
6.4%
2.3%
PLUS

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
FOXF
FOXF
PLUS
PLUS
Revenue
$376.4M
$614.8M
Net Profit
$-634.0K
$35.1M
Gross Margin
30.4%
25.8%
Operating Margin
4.0%
7.1%
Net Margin
-0.2%
5.7%
Revenue YoY
4.8%
20.3%
Net Profit YoY
-113.3%
45.2%
EPS (diluted)
$-0.02
$1.33

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
PLUS
PLUS
Q4 25
$376.4M
$614.8M
Q3 25
$374.9M
$608.8M
Q2 25
$355.0M
$637.3M
Q1 25
$352.8M
Q4 24
$493.2M
Q3 24
$359.1M
$493.4M
Q2 24
$348.5M
$535.7M
Q1 24
$333.5M
Net Profit
FOXF
FOXF
PLUS
PLUS
Q4 25
$-634.0K
$35.1M
Q3 25
$2.7M
$34.9M
Q2 25
$-259.7M
$37.7M
Q1 25
$-141.0K
Q4 24
$24.1M
Q3 24
$4.8M
$31.3M
Q2 24
$5.4M
$27.3M
Q1 24
$-3.5M
Gross Margin
FOXF
FOXF
PLUS
PLUS
Q4 25
30.4%
25.8%
Q3 25
31.2%
26.6%
Q2 25
30.9%
23.3%
Q1 25
28.9%
Q4 24
25.4%
Q3 24
29.9%
25.8%
Q2 24
31.8%
23.7%
Q1 24
30.9%
Operating Margin
FOXF
FOXF
PLUS
PLUS
Q4 25
4.0%
7.1%
Q3 25
4.9%
8.0%
Q2 25
-70.6%
5.7%
Q1 25
3.2%
Q4 24
3.3%
Q3 24
5.2%
5.5%
Q2 24
5.3%
5.9%
Q1 24
2.7%
Net Margin
FOXF
FOXF
PLUS
PLUS
Q4 25
-0.2%
5.7%
Q3 25
0.7%
5.7%
Q2 25
-73.1%
5.9%
Q1 25
-0.0%
Q4 24
4.9%
Q3 24
1.3%
6.3%
Q2 24
1.6%
5.1%
Q1 24
-1.0%
EPS (diluted)
FOXF
FOXF
PLUS
PLUS
Q4 25
$-0.02
$1.33
Q3 25
$0.07
$1.32
Q2 25
$-6.23
$1.43
Q1 25
$0.00
Q4 24
$0.91
Q3 24
$0.11
$1.17
Q2 24
$0.13
$1.02
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
PLUS
PLUS
Cash + ST InvestmentsLiquidity on hand
$326.3M
Total DebtLower is stronger
$536.7M
Stockholders' EquityBook value
$956.0M
$1.1B
Total Assets
$2.0B
$1.8B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXF
FOXF
PLUS
PLUS
Q4 25
$326.3M
Q3 25
$402.2M
Q2 25
$480.2M
Q1 25
$71.7M
Q4 24
$253.1M
Q3 24
$187.5M
Q2 24
$349.9M
Q1 24
Total Debt
FOXF
FOXF
PLUS
PLUS
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
Q1 24
$370.4M
Stockholders' Equity
FOXF
FOXF
PLUS
PLUS
Q4 25
$956.0M
$1.1B
Q3 25
$958.7M
$1.0B
Q2 25
$939.9M
$1.0B
Q1 25
$1.2B
Q4 24
$962.3M
Q3 24
$1.2B
$947.0M
Q2 24
$1.2B
$921.9M
Q1 24
$1.2B
Total Assets
FOXF
FOXF
PLUS
PLUS
Q4 25
$2.0B
$1.8B
Q3 25
$2.0B
$1.8B
Q2 25
$1.9B
$1.8B
Q1 25
$2.2B
Q4 24
$1.8B
Q3 24
$2.3B
$1.7B
Q2 24
$2.3B
$1.7B
Q1 24
$2.2B
Debt / Equity
FOXF
FOXF
PLUS
PLUS
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×
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
FOXF
FOXF
PLUS
PLUS
Operating Cash FlowLast quarter
$5.3M
$-87.4M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-0.7%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
-2.49×
TTM Free Cash FlowTrailing 4 quarters
$85.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXF
FOXF
PLUS
PLUS
Q4 25
$5.3M
$-87.4M
Q3 25
$36.8M
$-34.8M
Q2 25
$680.0K
$-99.0M
Q1 25
$81.7M
Q4 24
$65.7M
Q3 24
$14.1M
$-21.6M
Q2 24
$26.7M
$97.1M
Q1 24
$9.4M
Free Cash Flow
FOXF
FOXF
PLUS
PLUS
Q4 25
$-2.5M
Q3 25
$24.6M
Q2 25
$-6.5M
Q1 25
$69.8M
Q4 24
Q3 24
$3.2M
Q2 24
$15.4M
Q1 24
$-555.0K
FCF Margin
FOXF
FOXF
PLUS
PLUS
Q4 25
-0.7%
Q3 25
6.6%
Q2 25
-1.8%
Q1 25
19.8%
Q4 24
Q3 24
0.9%
Q2 24
4.4%
Q1 24
-0.2%
Capex Intensity
FOXF
FOXF
PLUS
PLUS
Q4 25
2.1%
Q3 25
3.3%
Q2 25
2.0%
Q1 25
3.4%
Q4 24
Q3 24
3.0%
Q2 24
3.2%
Q1 24
3.0%
Cash Conversion
FOXF
FOXF
PLUS
PLUS
Q4 25
-2.49×
Q3 25
13.41×
-1.00×
Q2 25
-2.63×
Q1 25
Q4 24
2.72×
Q3 24
2.94×
-0.69×
Q2 24
4.94×
3.55×
Q1 24

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%

PLUS
PLUS

All Others Customer End Market$107.0M17%
Technology Customer End Market$89.4M15%
Health Care Customer End Market$81.5M13%
Financial Services Customer End Market$66.1M11%
Professional Services Reporting Unit$64.1M10%
Security$61.1M10%
State And Local Government And Educational Institutions$59.9M10%
Managed Services Reporting Unit$48.8M8%
Other Product$21.1M3%
Collaboration$13.4M2%

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