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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and RLI CORP (RLI). Click either name above to swap in a different company.
RLI CORP is the larger business by last-quarter revenue ($465.7M vs $376.4M, roughly 1.2× FOX FACTORY HOLDING CORP). RLI CORP runs the higher net margin — 19.6% vs -0.2%, a 19.7% gap on every dollar of revenue. On growth, RLI CORP posted the faster year-over-year revenue change (6.1% vs 4.8%). RLI CORP produced more free cash flow last quarter ($155.0M vs $-2.5M). 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.
RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. It is headquartered in Peoria, Illinois.
FOXF vs RLI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $376.4M | $465.7M |
| Net Profit | $-634.0K | $91.2M |
| Gross Margin | 30.4% | — |
| Operating Margin | 4.0% | 24.4% |
| Net Margin | -0.2% | 19.6% |
| Revenue YoY | 4.8% | 6.1% |
| Net Profit YoY | -113.3% | 123.1% |
| EPS (diluted) | $-0.02 | $1.00 |
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 | $465.7M | ||
| Q3 25 | $374.9M | $509.3M | ||
| Q2 25 | $355.0M | $499.8M | ||
| Q1 25 | $352.8M | $407.7M | ||
| Q4 24 | — | $439.1M | ||
| Q3 24 | $359.1M | $470.0M | ||
| Q2 24 | $348.5M | $416.4M | ||
| Q1 24 | $333.5M | $444.8M |
| Q4 25 | $-634.0K | $91.2M | ||
| Q3 25 | $2.7M | $124.6M | ||
| Q2 25 | $-259.7M | $124.3M | ||
| Q1 25 | $-141.0K | $63.2M | ||
| Q4 24 | — | $40.9M | ||
| Q3 24 | $4.8M | $95.0M | ||
| Q2 24 | $5.4M | $82.0M | ||
| Q1 24 | $-3.5M | $127.9M |
| 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% | — | ||
| Q1 24 | 30.9% | — |
| Q4 25 | 4.0% | 24.4% | ||
| Q3 25 | 4.9% | 30.9% | ||
| Q2 25 | -70.6% | 31.3% | ||
| Q1 25 | 3.2% | 19.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | 5.2% | 24.9% | ||
| Q2 24 | 5.3% | 24.8% | ||
| Q1 24 | 2.7% | 36.0% |
| Q4 25 | -0.2% | 19.6% | ||
| Q3 25 | 0.7% | 24.5% | ||
| Q2 25 | -73.1% | 24.9% | ||
| Q1 25 | -0.0% | 15.5% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 1.3% | 20.2% | ||
| Q2 24 | 1.6% | 19.7% | ||
| Q1 24 | -1.0% | 28.8% |
| Q4 25 | $-0.02 | $1.00 | ||
| Q3 25 | $0.07 | $1.35 | ||
| Q2 25 | $-6.23 | $1.34 | ||
| Q1 25 | $0.00 | $0.68 | ||
| Q4 24 | — | $-2.87 | ||
| Q3 24 | $0.11 | $2.06 | ||
| Q2 24 | $0.13 | $1.78 | ||
| Q1 24 | $-0.08 | $2.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $536.7M | — |
| Stockholders' EquityBook value | $956.0M | $1.8B |
| Total Assets | $2.0B | $6.2B |
| Debt / EquityLower = less leverage | 0.56× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $71.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $536.7M | — | ||
| Q3 25 | $541.8M | $100.0M | ||
| Q2 25 | $546.9M | $100.0M | ||
| Q1 25 | $552.1M | $100.0M | ||
| Q4 24 | — | $100.0M | ||
| Q3 24 | $558.4M | $100.0M | ||
| Q2 24 | $564.1M | $100.0M | ||
| Q1 24 | $370.4M | $100.0M |
| Q4 25 | $956.0M | $1.8B | ||
| Q3 25 | $958.7M | $1.9B | ||
| Q2 25 | $939.9M | $1.7B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.2B | $1.6B | ||
| Q1 24 | $1.2B | $1.5B |
| Q4 25 | $2.0B | $6.2B | ||
| Q3 25 | $2.0B | $6.2B | ||
| Q2 25 | $1.9B | $6.0B | ||
| Q1 25 | $2.2B | $5.7B | ||
| Q4 24 | — | $5.6B | ||
| Q3 24 | $2.3B | $5.8B | ||
| Q2 24 | $2.3B | $5.5B | ||
| Q1 24 | $2.2B | $5.3B |
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.57× | 0.05× | ||
| Q2 25 | 0.58× | 0.06× | ||
| Q1 25 | 0.46× | 0.06× | ||
| Q4 24 | — | 0.07× | ||
| Q3 24 | 0.47× | 0.06× | ||
| Q2 24 | 0.47× | 0.06× | ||
| Q1 24 | 0.31× | 0.07× |
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 | $156.8M |
| Free Cash FlowOCF − Capex | $-2.5M | $155.0M |
| FCF MarginFCF / Revenue | -0.7% | 33.3% |
| Capex IntensityCapex / Revenue | 2.1% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $85.4M | $608.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.3M | $156.8M | ||
| Q3 25 | $36.8M | $179.2M | ||
| Q2 25 | $680.0K | $174.7M | ||
| Q1 25 | $81.7M | $103.5M | ||
| Q4 24 | — | $128.1M | ||
| Q3 24 | $14.1M | $219.4M | ||
| Q2 24 | $26.7M | $141.8M | ||
| Q1 24 | $9.4M | $70.9M |
| Q4 25 | $-2.5M | $155.0M | ||
| Q3 25 | $24.6M | $177.8M | ||
| Q2 25 | $-6.5M | $173.4M | ||
| Q1 25 | $69.8M | $102.5M | ||
| Q4 24 | — | $127.6M | ||
| Q3 24 | $3.2M | $219.0M | ||
| Q2 24 | $15.4M | $139.1M | ||
| Q1 24 | $-555.0K | $69.9M |
| Q4 25 | -0.7% | 33.3% | ||
| Q3 25 | 6.6% | 34.9% | ||
| Q2 25 | -1.8% | 34.7% | ||
| Q1 25 | 19.8% | 25.1% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | 0.9% | 46.6% | ||
| Q2 24 | 4.4% | 33.4% | ||
| Q1 24 | -0.2% | 15.7% |
| Q4 25 | 2.1% | 0.4% | ||
| Q3 25 | 3.3% | 0.3% | ||
| Q2 25 | 2.0% | 0.3% | ||
| Q1 25 | 3.4% | 0.3% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 3.0% | 0.1% | ||
| Q2 24 | 3.2% | 0.7% | ||
| Q1 24 | 3.0% | 0.2% |
| Q4 25 | — | 1.72× | ||
| Q3 25 | 13.41× | 1.44× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.64× | ||
| Q4 24 | — | 3.13× | ||
| Q3 24 | 2.94× | 2.31× | ||
| Q2 24 | 4.94× | 1.73× | ||
| Q1 24 | — | 0.55× |
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% |
RLI
| Casualty Segment | $246.8M | 53% |
| Property Insurance Segment | $122.5M | 26% |
| Other | $59.3M | 13% |
| Surety Insurance Segment | $37.1M | 8% |
