FOXF Q1 2023 Earnings — Fox Factory Holding Corp. Revenue & Financial Results | Market Cap Arena

FOXFFox Factory Holding Corp.

$682M

Q1 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$400M+5.8% YoY

Gross Profit

$133M33.3% margin

Operating Income

$55M13.7% margin

Net Income

$42M10.4% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

-$67M

Free Cash Flow

-$78M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$660M

Stockholders' Equity

$1.2B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$400M	$378M	+5.8%
Gross Profit	$133M	$120M	+10.8%
Operating Income	$55M	$54M	+1.0%
Net Income	$42M	$48M	-13.1%

Revenue Segments

Powered Vehicles Group

$281M70%

Specialty Sports Group

$119M30%

Geographic Segments

North America

$292M73%

Europe

$61M15%

Asia

$42M11%

Rest of the World

$5M1%