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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
FOX FACTORY HOLDING CORP is the larger business by last-quarter revenue ($376.4M vs $208.0M, roughly 1.8× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs -0.2%, a 16.4% gap on every dollar of revenue. On growth, FOX FACTORY HOLDING CORP posted the faster year-over-year revenue change (4.8% vs -10.9%). FOX FACTORY HOLDING CORP produced more free cash flow last quarter ($-2.5M vs $-74.1M). Over the past eight quarters, FOX FACTORY HOLDING CORP's revenue compounded faster (6.4% CAGR vs -3.2%).
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
FOXF vs VRTS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $376.4M | $208.0M |
| Net Profit | $-634.0K | $33.9M |
| Gross Margin | 30.4% | — |
| Operating Margin | 4.0% | 19.1% |
| Net Margin | -0.2% | 16.3% |
| Revenue YoY | 4.8% | -10.9% |
| Net Profit YoY | -113.3% | -14.2% |
| EPS (diluted) | $-0.02 | $5.15 |
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 | $208.0M | ||
| Q3 25 | $374.9M | $216.4M | ||
| Q2 25 | $355.0M | $210.5M | ||
| Q1 25 | $352.8M | $217.9M | ||
| Q4 24 | — | $233.5M | ||
| Q3 24 | $359.1M | $227.0M | ||
| Q2 24 | $348.5M | $224.4M | ||
| Q1 24 | $333.5M | $222.0M |
| Q4 25 | $-634.0K | $33.9M | ||
| Q3 25 | $2.7M | $31.3M | ||
| Q2 25 | $-259.7M | $42.7M | ||
| Q1 25 | $-141.0K | $28.1M | ||
| Q4 24 | — | $39.5M | ||
| Q3 24 | $4.8M | $49.1M | ||
| Q2 24 | $5.4M | $26.0M | ||
| Q1 24 | $-3.5M | $37.9M |
| 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% | 19.1% | ||
| Q3 25 | 4.9% | 21.7% | ||
| Q2 25 | -70.6% | 21.5% | ||
| Q1 25 | 3.2% | 16.8% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | 5.2% | 24.3% | ||
| Q2 24 | 5.3% | 19.7% | ||
| Q1 24 | 2.7% | 14.5% |
| Q4 25 | -0.2% | 16.3% | ||
| Q3 25 | 0.7% | 14.5% | ||
| Q2 25 | -73.1% | 20.3% | ||
| Q1 25 | -0.0% | 12.9% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | 1.3% | 21.6% | ||
| Q2 24 | 1.6% | 11.6% | ||
| Q1 24 | -1.0% | 17.1% |
| Q4 25 | $-0.02 | $5.15 | ||
| Q3 25 | $0.07 | $4.65 | ||
| Q2 25 | $-6.23 | $6.12 | ||
| Q1 25 | $0.00 | $4.05 | ||
| Q4 24 | — | $4.65 | ||
| Q3 24 | $0.11 | $5.71 | ||
| Q2 24 | $0.13 | $2.43 | ||
| Q1 24 | $-0.08 | $4.10 |
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 | $390.0M |
| Stockholders' EquityBook value | $956.0M | $934.0M |
| Total Assets | $2.0B | $4.3B |
| Debt / EquityLower = less leverage | 0.56× | 0.42× |
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 | $390.0M | ||
| Q3 25 | $541.8M | $390.6M | ||
| Q2 25 | $546.9M | $231.3M | ||
| Q1 25 | $552.1M | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | $558.4M | $237.5M | ||
| Q2 24 | $564.1M | $247.6M | ||
| Q1 24 | $370.4M | $253.0M |
| Q4 25 | $956.0M | $934.0M | ||
| Q3 25 | $958.7M | $918.7M | ||
| Q2 25 | $939.9M | $896.4M | ||
| Q1 25 | $1.2B | $893.7M | ||
| Q4 24 | — | $897.5M | ||
| Q3 24 | $1.2B | $889.0M | ||
| Q2 24 | $1.2B | $868.7M | ||
| Q1 24 | $1.2B | $871.7M |
| Q4 25 | $2.0B | $4.3B | ||
| Q3 25 | $2.0B | $3.9B | ||
| Q2 25 | $1.9B | $3.7B | ||
| Q1 25 | $2.2B | $3.7B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $2.3B | $3.6B | ||
| Q2 24 | $2.3B | $3.6B | ||
| Q1 24 | $2.2B | $3.5B |
| Q4 25 | 0.56× | 0.42× | ||
| Q3 25 | 0.57× | 0.43× | ||
| Q2 25 | 0.58× | 0.26× | ||
| Q1 25 | 0.46× | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | 0.47× | 0.27× | ||
| Q2 24 | 0.47× | 0.29× | ||
| Q1 24 | 0.31× | 0.29× |
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 | $-67.2M |
| Free Cash FlowOCF − Capex | $-2.5M | $-74.1M |
| FCF MarginFCF / Revenue | -0.7% | -35.6% |
| Capex IntensityCapex / Revenue | 2.1% | 3.3% |
| Cash ConversionOCF / Net Profit | — | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $85.4M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.3M | $-67.2M | ||
| Q3 25 | $36.8M | $108.3M | ||
| Q2 25 | $680.0K | $75.8M | ||
| Q1 25 | $81.7M | $-3.8M | ||
| Q4 24 | — | $1.8M | ||
| Q3 24 | $14.1M | $69.1M | ||
| Q2 24 | $26.7M | $70.0M | ||
| Q1 24 | $9.4M | $-34.5M |
| Q4 25 | $-2.5M | $-74.1M | ||
| Q3 25 | $24.6M | $106.9M | ||
| Q2 25 | $-6.5M | $74.2M | ||
| Q1 25 | $69.8M | $-6.8M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | $3.2M | $68.7M | ||
| Q2 24 | $15.4M | $68.6M | ||
| Q1 24 | $-555.0K | $-36.5M |
| Q4 25 | -0.7% | -35.6% | ||
| Q3 25 | 6.6% | 49.4% | ||
| Q2 25 | -1.8% | 35.2% | ||
| Q1 25 | 19.8% | -3.1% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | 0.9% | 30.3% | ||
| Q2 24 | 4.4% | 30.6% | ||
| Q1 24 | -0.2% | -16.4% |
| Q4 25 | 2.1% | 3.3% | ||
| Q3 25 | 3.3% | 0.7% | ||
| Q2 25 | 2.0% | 0.7% | ||
| Q1 25 | 3.4% | 1.4% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | 3.0% | 0.2% | ||
| Q2 24 | 3.2% | 0.6% | ||
| Q1 24 | 3.0% | 0.9% |
| Q4 25 | — | -1.99× | ||
| Q3 25 | 13.41× | 3.45× | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | 2.94× | 1.41× | ||
| Q2 24 | 4.94× | 2.69× | ||
| Q1 24 | — | -0.91× |
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% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
