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Fox Factory Holding Corp. FOXF AAG — Intangible and long-lived asset impairment

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Other financials

Income statement

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Revenue$358.1M-4.5%
Gross profit$109.7M-6.2%
Operating income$17.5M-5.5%
Net income$4.1M+47.7%
EPS (diluted)$0.10+42.9%

Balance sheet

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Cash & equivalents$61.3M-24.8%
Total debt$517.2M-7.4%
Total equity$667.0M-30.4%
Total assets$1.6B-16.7%

Cash flow

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Operating cash flow$29.2M-20.6%
CapEx$4.1M-67.2%
Free cash flow$25.1M+3.3%

Valuation

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Market cap$883.91M-23.7%
Enterprise value$1.34B-18.1%
P/S0.6×-0.2×

Profitability

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Gross margin29.5%-0.7pp
Operating margin-18.3%+8.0pp
Net margin-20.4%+4.1pp
FCF margin1%-5.3pp

Returns & leverage

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Return on equity-36.7%+48.6pp
Debt / equity0.8×+0.2×
Current ratio3.1×+0.1×

Where this comes from

Reported directly by Fox Factory Holding Corp. in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Fox Factory Holding Corp.’s 10-K, filed February 27, 2026.

Filed
Feb 26, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001424929-26-000012

During the fourth quarter of fiscal 2025, due to lower expected cash flows, the Company performed a recoverability test and related quantitative impairment assessment for its finite‑lived intangible assets and other long‑lived assets. As a result, Intangible asset impairment charges of $2,984 and $5,020 were recognized within PVG and AAG’s operating expenses, respectively, for the year ended January 2, 2026. No impairments of intangible assets were identified in the years ended January 3, 2025 and December 29, 2023. During the year ended January 2, 2026, the Company recorded $1,082 and $4,431 long-lived asset impairment charges within PVG and AAG’s operating expenses, respectively. No impairment charges were recorded during the years ended January 3, 2025 and December 29, 2023.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Fox Factory Holding Corp.'s AAG — intangible and long-lived asset impairment?
Fox Factory Holding Corp. (FOXF) reported AAG — intangible and long-lived asset impairment of $1.11M in Q4 2025.
What does AAG — intangible and long-lived asset impairment mean?
This metric captures the total impairment charges recognized for both intangible assets and long-lived tangible assets, such as property, plant, and equipment, specifically allocated to the AAG segment. It serves as an indicator of potential asset underperformance or a decline in the expected future economic benefits derived from the segment's operational infrastructure and proprietary assets. A significant or recurring impairment charge often signals structural challenges or a strategic shift in the segment's market competitiveness.

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