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| Date | Value |
|---|---|
| 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 |