Foxx Development Holdings (FOXX) Operating Expenses (2023 - 2026)

Foxx Development Holdings (FOXX) posted quarterly Operating Expenses of $32.5 million for Q1 2026, up 669.78% year-over-year from $4.2 million in Q1 2025, and up 632.43% quarter-over-quarter from $4.4 million in Q4 2025.

Foxx Development Holdings (FOXX) Operating Expenses (2023 - 2026) Analysis & Trends

Foxx Development Holdings (FOXX) has reported Operating Expenses for 4 consecutive years, with $32.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 669.78% year-over-year to $32.5 million; the TTM figure through Mar 2026 stood at $44.2 million (up 279.71% YoY), while the FY2025 annual figure was $14.5 million, up 346.08% from the prior year.
  • Operating Expenses rose to $32.5 million in Q1 2026 per FOXX's latest filing, from $4.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $32.5 million in Q1 2026 and bottomed at $446214.0 in Q2 2023.
  • Historically, Operating Expenses has averaged $5.0 million across 4 years, with a median of $2.9 million in 2024.
  • Annual changes were most pronounced in 2025 — Operating Expenses increased 0.17% — and 2026, when it surged 669.78%.
  • Foxx Development Holdings' Operating Expenses stood at $1.2 million in 2023, then surged by 271.05% to $4.4 million in 2024, then gained by 0.17% to $4.4 million in 2025, then soared by 632.43% to $32.5 million in 2026.
  • Business Quant data shows FOXX's Operating Expenses at $32.5 million in Q1 2026, $4.4 million in Q4 2025, and $3.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Apple 4,541.20 Bn 4,478.80 Bn 54.77 Bn 19.08 Bn
2 Sony 132.77 Bn 118.91 Bn 6.53 Bn 14.83 Bn
3 Sonos 1.91 Bn 1.65 Bn 189.31 Mn 157.78 Mn
4 LG Display 1.62 Bn 481.32 Mn 277.60 Mn -313.48 Mn
5 Zepp Health 1.19 Bn -101.97 Bn 19.44 Mn -37.13 Mn
6 Turtle Beach 265.66 Mn 253.34 Mn 11.29 Mn 25.36 Mn
7 Vuzix 201.75 Mn 180.60 Mn 375,000.00 8.76 Mn
8 Universal Electronics 59.69 Mn 29.86 Mn 20.60 Mn 24.50 Mn
9 Axil Brands 38.46 Mn 32.94 Mn 5.04 Mn 4.83 Mn
10 Foxx Development Holdings 17.82 Mn 14.63 Mn -1.45 Mn 32.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.52 Mn
Dec 31, 2025 4.44 Mn
Sep 30, 2025 3.64 Mn
Jun 30, 2025 3.61 Mn
Mar 31, 2025 4.22 Mn
Dec 31, 2024 4.43 Mn
Sep 30, 2024 2.21 Mn
Jun 30, 2024 779,143.00
Mar 31, 2024 1.95 Mn
Dec 31, 2023 1.19 Mn
Sep 30, 2023 511,610.00
Jun 30, 2023 446,214.00