Foxx Development Holdings Inc (FOXX) FinancialsFOXXFoxx Development Holdings Inc

Foxx Development Holdings Inc (FOXX) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Mobile phone products, accounting for 94.2% of total sales, equivalent to $13.13M. Other significant revenue streams include App service commission revenue, net and Tablet products. Understanding this composition is critical for investors evaluating how FOXX navigates market cycles within the Computer & Electronics Retailers industry.

Evaluating the bottom line, Foxx Development Holdings Inc maintains a gross margin of -26.08%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -64.45%, while the net margin is -132.82%. These profitability ratios, combined with a Return on Equity (ROE) of N/A, provide a clear picture of how effectively FOXX converts its operational activities into shareholder value.

In the context of the broader market, FOXX competes directly with industry leaders such as NUR and RCON. With a market capitalization of $18.32M, it holds a significant position in the sector. When comparing efficiency, FOXX's gross margin of -26.08% stands against NUR's 64.98% and RCON's 33.48%. Such benchmarking helps identify whether Foxx Development Holdings Inc is trading at a premium or discount relative to its financial performance.

Foxx Development has shown declining revenues and increasing net losses, with a net income of -$36,269,993 in Q3 2026 and a gross margin that turned negative at -16.74% in the same quarter. The current ratio has also deteriorated to 0.25, indicating liquidity concerns.