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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) and Walker & Dunlop, Inc. (WD). 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 $340.0M, roughly 1.1× Walker & Dunlop, Inc.). FOX FACTORY HOLDING CORP runs the higher net margin — -0.2% vs -12.9%, a 12.7% gap on every dollar of revenue. On growth, FOX FACTORY HOLDING CORP posted the faster year-over-year revenue change (4.8% vs -0.4%). FOX FACTORY HOLDING CORP produced more free cash flow last quarter ($-2.5M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 6.4%).
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
FOXF vs WD — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $376.4M | $340.0M |
| Net Profit | $-634.0K | $-13.9M |
| Gross Margin | 30.4% | — |
| Operating Margin | 4.0% | -17.2% |
| Net Margin | -0.2% | -12.9% |
| Revenue YoY | 4.8% | -0.4% |
| Net Profit YoY | -113.3% | -131.0% |
| EPS (diluted) | $-0.02 | $-0.41 |
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 | $340.0M | ||
| Q3 25 | $374.9M | $337.7M | ||
| Q2 25 | $355.0M | $319.2M | ||
| Q1 25 | $352.8M | $237.4M | ||
| Q4 24 | — | $341.5M | ||
| Q3 24 | $359.1M | $292.3M | ||
| Q2 24 | $348.5M | $270.7M | ||
| Q1 24 | $333.5M | $228.1M |
| Q4 25 | $-634.0K | $-13.9M | ||
| Q3 25 | $2.7M | $33.5M | ||
| Q2 25 | $-259.7M | $34.0M | ||
| Q1 25 | $-141.0K | $2.8M | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | $4.8M | $28.8M | ||
| Q2 24 | $5.4M | $22.7M | ||
| Q1 24 | $-3.5M | $11.9M |
| 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% | -17.2% | ||
| Q3 25 | 4.9% | 13.6% | ||
| Q2 25 | -70.6% | 14.5% | ||
| Q1 25 | 3.2% | 2.2% | ||
| Q4 24 | — | 15.3% | ||
| Q3 24 | 5.2% | 12.8% | ||
| Q2 24 | 5.3% | 10.4% | ||
| Q1 24 | 2.7% | 6.0% |
| Q4 25 | -0.2% | -12.9% | ||
| Q3 25 | 0.7% | 9.9% | ||
| Q2 25 | -73.1% | 10.6% | ||
| Q1 25 | -0.0% | 1.2% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | 1.3% | 9.9% | ||
| Q2 24 | 1.6% | 8.4% | ||
| Q1 24 | -1.0% | 5.2% |
| Q4 25 | $-0.02 | $-0.41 | ||
| Q3 25 | $0.07 | $0.98 | ||
| Q2 25 | $-6.23 | $0.99 | ||
| Q1 25 | $0.00 | $0.08 | ||
| Q4 24 | — | $1.32 | ||
| Q3 24 | $0.11 | $0.85 | ||
| Q2 24 | $0.13 | $0.67 | ||
| Q1 24 | $-0.08 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $299.3M |
| Total DebtLower is stronger | $536.7M | — |
| Stockholders' EquityBook value | $956.0M | $1.7B |
| Total Assets | $2.0B | $5.1B |
| Debt / EquityLower = less leverage | 0.56× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $299.3M | ||
| Q3 25 | — | $274.8M | ||
| Q2 25 | — | $233.7M | ||
| Q1 25 | $71.7M | $181.0M | ||
| Q4 24 | — | $279.3M | ||
| Q3 24 | — | $179.8M | ||
| Q2 24 | — | $208.1M | ||
| Q1 24 | — | $216.5M |
| 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 | — |
| Q4 25 | $956.0M | $1.7B | ||
| Q3 25 | $958.7M | $1.8B | ||
| Q2 25 | $939.9M | $1.8B | ||
| Q1 25 | $1.2B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.2B | $1.7B | ||
| Q1 24 | $1.2B | $1.7B |
| Q4 25 | $2.0B | $5.1B | ||
| Q3 25 | $2.0B | $5.8B | ||
| Q2 25 | $1.9B | $4.7B | ||
| Q1 25 | $2.2B | $4.5B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | $2.3B | $4.6B | ||
| Q2 24 | $2.3B | $4.2B | ||
| Q1 24 | $2.2B | $3.8B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.3M | $-664.3M |
| Free Cash FlowOCF − Capex | $-2.5M | $-680.1M |
| FCF MarginFCF / Revenue | -0.7% | -200.0% |
| Capex IntensityCapex / Revenue | 2.1% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $85.4M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.3M | $-664.3M | ||
| Q3 25 | $36.8M | $-948.1M | ||
| Q2 25 | $680.0K | $-238.5M | ||
| Q1 25 | $81.7M | $-281.1M | ||
| Q4 24 | — | $129.4M | ||
| Q3 24 | $14.1M | $-202.0M | ||
| Q2 24 | $26.7M | $-237.8M | ||
| Q1 24 | $9.4M | $38.4M |
| Q4 25 | $-2.5M | $-680.1M | ||
| Q3 25 | $24.6M | $-950.4M | ||
| Q2 25 | $-6.5M | $-241.0M | ||
| Q1 25 | $69.8M | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | $3.2M | $-204.0M | ||
| Q2 24 | $15.4M | $-241.7M | ||
| Q1 24 | $-555.0K | $35.2M |
| Q4 25 | -0.7% | -200.0% | ||
| Q3 25 | 6.6% | -281.5% | ||
| Q2 25 | -1.8% | -75.5% | ||
| Q1 25 | 19.8% | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | 0.9% | -69.8% | ||
| Q2 24 | 4.4% | -89.3% | ||
| Q1 24 | -0.2% | 15.4% |
| Q4 25 | 2.1% | 4.6% | ||
| Q3 25 | 3.3% | 0.7% | ||
| Q2 25 | 2.0% | 0.8% | ||
| Q1 25 | 3.4% | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | 3.0% | 0.7% | ||
| Q2 24 | 3.2% | 1.4% | ||
| Q1 24 | 3.0% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | 13.41× | -28.34× | ||
| Q2 25 | — | -7.02× | ||
| Q1 25 | — | -102.07× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | 2.94× | -7.01× | ||
| Q2 24 | 4.94× | -10.49× | ||
| Q1 24 | — | 3.24× |
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% |
WD
Segment breakdown not available.
