Foxx Development Holdings (FOXX) Gross Margin (2023 - 2026)

Foxx Development Holdings (FOXX) posted quarterly Gross Margin of 16.74% for Q1 2026, down 2256.0% year-over-year from 0.78% in Q1 2025, and down 226.22% quarter-over-quarter from 13.26% in Q4 2025.

Foxx Development Holdings (FOXX) Gross Margin (2023 - 2026) Analysis & Trends

Foxx Development Holdings (FOXX) has reported Gross Margin for 4 consecutive years, with 16.74% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 2256.0% year-over-year to 16.74%; the TTM figure through Mar 2026 stood at 5.58% (down 63.0% YoY), while the FY2025 annual figure was 4.94%, up 477.0% from the prior year.
  • Gross Margin retreated to 16.74% in Q1 2026 per FOXX's latest filing, from 13.26% in the prior quarter.
  • Across five years, Gross Margin topped out at 13.57% in Q3 2025 and bottomed at 16.74% in Q1 2026.
  • Historically, Gross Margin has averaged 5.55% across 4 years, with a median of 5.82% in 2025.
  • Annual changes were most pronounced in 2025 — Gross Margin soared 1185 bps — and 2026, when it sank 2256 bps.
  • Foxx Development Holdings' Gross Margin stood at 11.96% in 2023, then advanced by 5 bps to 12.53% in 2024, then increased by 6 bps to 13.26% in 2025, then plunged by 226 bps to 16.74% in 2026.
  • Business Quant data shows FOXX's Gross Margin at 16.74% in Q1 2026, 13.26% in Q4 2025, and 13.57% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Apple 4,520.09 Bn 4,457.69 Bn 54.77 Bn 50.06%
2 Sony 132.65 Bn 118.80 Bn 6.53 Bn 36.70%
3 Sonos 1.90 Bn 1.64 Bn 189.31 Mn 50.45%
4 LG Display 1.64 Bn 496.32 Mn 277.60 Mn 477,322.35%
5 Zepp Health 1.18 Bn -101.98 Bn 19.44 Mn 37.71%
6 Turtle Beach 268.68 Mn 256.36 Mn 11.29 Mn 26.78%
7 Vuzix 200.58 Mn 179.43 Mn 375,000.00 16.72%
8 Universal Electronics 59.44 Mn 29.61 Mn 20.60 Mn 26.06%
9 Axil Brands 38.46 Mn 32.94 Mn 5.04 Mn 69.12%
10 Foxx Development Holdings 17.82 Mn 14.63 Mn -1.45 Mn -16.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 -16.74%
Dec 31, 2025 13.26%
Sep 30, 2025 13.57%
Jun 30, 2025 3.41%
Mar 31, 2025 5.82%
Dec 31, 2024 12.53%
Sep 30, 2024 1.72%
Mar 31, 2024 4.45%
Dec 31, 2023 11.96%