vs

Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and Voya Financial, Inc. (VOYA). Click either name above to swap in a different company.

Voya Financial, Inc. is the larger business by last-quarter revenue ($2.0B vs $361.1M, roughly 5.6× FOX FACTORY HOLDING CORP). On growth, Voya Financial, Inc. posted the faster year-over-year revenue change (3.1% vs 2.3%). Over the past eight quarters, Voya Financial, Inc.'s revenue compounded faster (96.1% CAGR vs 1.8%).

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

Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. In April 2014, the company rebranded itself as Voya Financial. Voya's predecessors had first entered the U.S. market in the 1970s.

FOXF vs VOYA — Head-to-Head

Bigger by revenue
VOYA
VOYA
5.6× larger
VOYA
$2.0B
$361.1M
FOXF
Growing faster (revenue YoY)
VOYA
VOYA
+0.8% gap
VOYA
3.1%
2.3%
FOXF
Faster 2-yr revenue CAGR
VOYA
VOYA
Annualised
VOYA
96.1%
1.8%
FOXF

Income Statement — Q4 FY2027 vs Q1 FY2026

Metric
FOXF
FOXF
VOYA
VOYA
Revenue
$361.1M
$2.0B
Net Profit
$195.0M
Gross Margin
28.3%
Operating Margin
-13.0%
Net Margin
9.6%
Revenue YoY
2.3%
3.1%
Net Profit YoY
29.1%
EPS (diluted)
$-6.86
$1.75

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
VOYA
VOYA
Q4 26
$361.1M
Q1 26
$368.7M
$2.0B
Q4 25
$376.4M
$603.0M
Q3 25
$374.9M
$572.0M
Q2 25
$355.0M
$542.0M
Q1 25
$352.8M
$538.0M
Q4 24
$561.0M
Q3 24
$359.1M
$542.0M
Net Profit
FOXF
FOXF
VOYA
VOYA
Q4 26
Q1 26
$-15.0M
$195.0M
Q4 25
$-634.0K
$140.0M
Q3 25
$2.7M
$192.0M
Q2 25
$-259.7M
$166.0M
Q1 25
$-141.0K
$156.0M
Q4 24
$97.0M
Q3 24
$4.8M
$114.0M
Gross Margin
FOXF
FOXF
VOYA
VOYA
Q4 26
28.3%
Q1 26
28.9%
Q4 25
30.4%
Q3 25
31.2%
Q2 25
30.9%
Q1 25
28.9%
Q4 24
Q3 24
29.9%
Operating Margin
FOXF
FOXF
VOYA
VOYA
Q4 26
-13.0%
Q1 26
72.8%
Q4 25
4.0%
28.0%
Q3 25
4.9%
53.7%
Q2 25
-70.6%
34.7%
Q1 25
3.2%
32.2%
Q4 24
21.4%
Q3 24
5.2%
21.4%
Net Margin
FOXF
FOXF
VOYA
VOYA
Q4 26
Q1 26
-4.1%
9.6%
Q4 25
-0.2%
23.2%
Q3 25
0.7%
33.6%
Q2 25
-73.1%
30.6%
Q1 25
-0.0%
29.0%
Q4 24
17.3%
Q3 24
1.3%
21.0%
EPS (diluted)
FOXF
FOXF
VOYA
VOYA
Q4 26
$-6.86
Q1 26
$-0.36
$1.75
Q4 25
$-0.02
$1.41
Q3 25
$0.07
$1.80
Q2 25
$-6.23
$1.66
Q1 25
$0.00
$1.42
Q4 24
$0.99
Q3 24
$0.11
$0.98

Balance Sheet & Financial Strength

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

Metric
FOXF
FOXF
VOYA
VOYA
Cash + ST InvestmentsLiquidity on hand
$58.0M
$969.0M
Total DebtLower is stronger
$26.9M
$2.5B
Stockholders' EquityBook value
$670.2M
$6.5B
Total Assets
$1.7B
$173.4B
Debt / EquityLower = less leverage
0.04×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXF
FOXF
VOYA
VOYA
Q4 26
$58.0M
Q1 26
$53.9M
$969.0M
Q4 25
Q3 25
Q2 25
Q1 25
$71.7M
Q4 24
Q3 24
Total Debt
FOXF
FOXF
VOYA
VOYA
Q4 26
$26.9M
Q1 26
$26.9M
$2.5B
Q4 25
$536.7M
$2.1B
Q3 25
$541.8M
$2.1B
Q2 25
$546.9M
$2.1B
Q1 25
$552.1M
$2.1B
Q4 24
$2.5B
Q3 24
$558.4M
$2.5B
Stockholders' Equity
FOXF
FOXF
VOYA
VOYA
Q4 26
$670.2M
Q1 26
$658.8M
$6.5B
Q4 25
$956.0M
$5.0B
Q3 25
$958.7M
$5.0B
Q2 25
$939.9M
$4.6B
Q1 25
$1.2B
$4.4B
Q4 24
$4.0B
Q3 24
$1.2B
$4.7B
Total Assets
FOXF
FOXF
VOYA
VOYA
Q4 26
$1.7B
Q1 26
$1.7B
$173.4B
Q4 25
$2.0B
$178.9B
Q3 25
$2.0B
$177.4B
Q2 25
$1.9B
$172.4B
Q1 25
$2.2B
$163.9B
Q4 24
$163.9B
Q3 24
$2.3B
$166.9B
Debt / Equity
FOXF
FOXF
VOYA
VOYA
Q4 26
0.04×
Q1 26
0.04×
0.39×
Q4 25
0.56×
0.42×
Q3 25
0.57×
0.42×
Q2 25
0.58×
0.45×
Q1 25
0.46×
0.48×
Q4 24
0.62×
Q3 24
0.47×
0.53×

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
VOYA
VOYA
Operating Cash FlowLast quarter
$60.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXF
FOXF
VOYA
VOYA
Q4 26
$60.9M
Q1 26
Q4 25
$5.3M
$557.0M
Q3 25
$36.8M
$168.0M
Q2 25
$680.0K
$742.0M
Q1 25
$81.7M
$-179.0M
Q4 24
$79.0M
Q3 24
$14.1M
$719.0M
Free Cash Flow
FOXF
FOXF
VOYA
VOYA
Q4 26
Q1 26
Q4 25
$-2.5M
Q3 25
$24.6M
Q2 25
$-6.5M
Q1 25
$69.8M
Q4 24
Q3 24
$3.2M
FCF Margin
FOXF
FOXF
VOYA
VOYA
Q4 26
Q1 26
Q4 25
-0.7%
Q3 25
6.6%
Q2 25
-1.8%
Q1 25
19.8%
Q4 24
Q3 24
0.9%
Capex Intensity
FOXF
FOXF
VOYA
VOYA
Q4 26
Q1 26
Q4 25
2.1%
Q3 25
3.3%
Q2 25
2.0%
Q1 25
3.4%
Q4 24
Q3 24
3.0%
Cash Conversion
FOXF
FOXF
VOYA
VOYA
Q4 26
Q1 26
Q4 25
3.98×
Q3 25
13.41×
0.88×
Q2 25
4.47×
Q1 25
-1.15×
Q4 24
0.81×
Q3 24
2.94×
6.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FOXF
FOXF

Aftermarket Applications Group$126.2M35%
Specialty Sports Group$118.2M33%
Powered Vehicles Group$116.7M32%

VOYA
VOYA

Premiums$744.0M37%
Fee income$604.0M30%
Other$574.0M28%
Other revenues$109.0M5%

Related Comparisons