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

Foxx Development Holdings (FOXXW) posted quarterly Gross Margin of 16.74% for Q1 2026, down 2256.0% YoY from 0.78% in Q1 2025, and down 226.22% sequentially from 13.26% in Q4 2025.

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

Foxx Development Holdings has disclosed Gross Margin across 4 years of filings, most recently posting 16.74% for 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 54.0% YoY), while the FY2025 annual figure was 4.94%, up 477.0% from the prior year.
  • Gross Margin fell to 16.74% in Q1 2026, from 13.26% in the prior quarter.
  • Over the last five years, Gross Margin for FOXXW reached as high as 13.57% in Q3 2025 and fell as low as 16.74% in Q1 2026.
  • The 4-year median for Gross Margin is 5.82% (2025), against an average of 4.2%.
  • Annual changes were most pronounced in 2025 — Gross Margin surged 1355 bps — and 2026, when it tumbled 2256 bps.
  • A 4-year view of Gross Margin shows it stood at 11.96% in 2023, then gained by 5 bps to 12.53% in 2024, then grew by 6 bps to 13.26% in 2025, then sank by 226 bps to 16.74% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 16.74%, 13.26%, and 13.57% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn 49.27%
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn 44.28%
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn 37.71%
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00 16.72%
5 UTime 79.34 Mn 37.42 Mn - -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn 26.06%
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn 69.12%
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn -16.74%
9 Fenbo Holdings 10.51 Mn 7.81 Mn - -
10 Foxx Development Holdings - - -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 -7.72%
Dec 31, 2023 11.96%