In fiscal 2026, which ended Jun 30, 2026, Foxx Development Holdings Inc. reported revenue of $52.6 million, down 20.2% from the year before. It recorded a net loss of $52.7 million. The operating loss came to $43.9 million, an operating margin of -83.5%. Diluted earnings per share were -$7.61.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2025
Jun 30, 2025
|
FY 2024
Jun 30, 2024
|
|---|---|---|---|
| Revenue |
53
-20.2%
|
66
+1941.8%
|
3
|
| Cost of revenue |
51
-16.8%
|
61
+1864.4%
|
3
|
| Gross profit |
2
-64.6%
|
5
+4018.1%
|
0
|
| Research and development |
3
+40.4%
|
2
+2185.8%
|
0
|
| Selling, general and administrative |
15
+32.2%
|
11
+259.6%
|
3
|
| Operating income |
-44
-352.6%
|
-10
-210.0%
|
-3
|
| Interest expense |
9
+76.6%
|
5
+1681.7%
|
0
|
| Other non-operating income (expense) |
-0
-193.7%
|
0
+737.2%
|
-0
|
| Pretax income |
-53
-489.0%
|
-9
-162.2%
|
-3
|
| Income tax |
0
-86.6%
|
0
+287.0%
|
0
|
| Net income |
-53
-484.1%
|
-9
-162.9%
|
-3
|
| Basic EPS |
-7.61
-417.7%
|
-1.47
-41.3%
|
-1.04
|
| Diluted EPS |
-7.61
-417.7%
|
-1.47
-41.3%
|
-1.04
|
| Weighted average shares, basic |
7
+12.6%
|
6
+86.1%
|
3
|
| Weighted average shares, diluted |
7
+12.6%
|
6
+86.1%
|
3
|
| Other measures | |||
| Depreciation and amortization |
0
-3.3%
|
0
+20.0%
|
0
|
| EBITDA |
-44
-354.4%
|
-10
-212.4%
|
-3
|
| Interest coverage |
-5.01x
|
-1.96x
|
-11.24x
|
| Margins | |||
| Gross margin |
3.22%
|
7.24%
|
3.59%
|
| Operating margin |
-83.48%
|
-14.71%
|
-96.90%
|
| Pretax margin |
-100.18%
|
-13.57%
|
-105.65%
|
| Profit margin |
-100.20%
|
-13.68%
|
-106.26%
|
| EBITDA margin |
-83.39%
|
-14.64%
|
-95.67%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Computer Communications Equipment (SIC 3576)
- Listed as
- FOXX (Nasdaq), FOXXW (Nasdaq)
- Fiscal year ends
- June 30
- Incorporated in
- DE
- Headquarters
- Austin, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 2013807
- Former names
- Acri Capital Merger Sub I Inc. (until Jul 29, 2024)
Other Computer Communications Equipment companies
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- Arista Networks, Inc. ANET
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- A10 Networks, Inc. ATEN
- Netgear, Inc. NTGR
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.