FOXX · NASDAQ · Consumer Electronics

Foxx Development (FOXX)

Designs and distributes Foxx-branded phones and connected devices.

$2.38
vs last close−0.13 (−5.18%)
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Foxx Development Holdings Inc.FOXX
Information Technology

Provides Foxx-branded smartphones, tablets, wearables, and connected-device solutions through U.S. wholesale and online channels. Revenue comes mainly from reselling devices built to its specifications by outside partners, supplemented by app-installation commissions and tied to mobile-phone sales, channel access, and certification.

Defines, sources, and distributes Foxx-branded smartphones, tablets, wearables, and connected-device solutions. Its U.S. business sells through wholesale distributors, mobile-network operators, and e-commerce, while app-installation commissions provide a service revenue stream. Partner work combines sensors, mobile applications, and cloud connectivity, as shown by the Smart Water Leak Detector.

Supplies hardware and software specifications to external original design manufacturers, uses third parties for testing and certifications, then purchases finished devices for resale and after-sales support. Mobile phones provide most revenue, and sales depend on a concentrated group of wholesale customers, supplier relationships, required device certifications, and the shift toward dropshipping.

Company facts

CEOGreg Foley
ListedSep 27, 2024
ExchangeNASDAQ
HeadquartersIrvine, CA
CountryUnited States
Employees25
CIK0002013807
ISINUS3516651045

Market cap$17.7M
EPS (ttm)−$6.83
P/E (ttm)−0.3675
ROE
P/B
P/S0.2968
Dividend yieldDiv yield
Beta1.11vs XLK −1.56

No analyst consensus on record.

EPSReportedEstimate

Mar '24Nov '24Feb '25May '25Oct '25Nov '25Feb '26May '26
Reported−$0.16−$0.65$0.20−$0.58−$0.64−$0.42−$0.62−$1.49
Estimate
Surprise

RevenueReportedEstimate

Mar '24Nov '24Feb '25May '25Oct '25Nov '25Feb '26May '26
Reported$513.8K$23.1M$17.5M$11.4M$13.9M$20.2M$16.7M$8.7M
Estimate
Surprise
Estimate
Reported−$1.49
Estimate
Reported$8.7M
View details

Current ratio37.70%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$1.9M$23.1M$17.5M$11.4M$13.9M$20.2M$16.7M$8.7M
Net income−$1.4M−$2.3M$1.4M−$4.1M−$4.1M−$2.9M−$4.3M−$36.3M
Net margin0.0%0.0%8.1%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income−$1.2M−$1.8M−$2.2M−$3.6M−$2.1M−$892.2K−$2.2M−$8.1M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss narrowedLoss widened

Balance sheet, Mar 31, 2026Cash & short-term investments $3.2M · Total debt $37.9M · Total assets $28.1M · Shareholders' equity −$47.8M

Revenue
$8.7M
Operating income
−$8.1M
Net income
−$36.3M
View details

No dividends on record.

Institutions1.01%70.9K shares
10 holders · as of Jun 30, 2026
Insiders36.11%2.54M shares
4 holders · as of Aug 10, 2026
Strategic holders10.51%739.9K shares
1 holder · as of Nov 26, 2025
Other52.37%3.69M shares
remainder

7.04M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Joy Yi HuaInsiderdirector, 10 percent owner, officer: CFO and Chairwoman
33.77%2.38Mfiled May 5, 2026
Alta Partners LLCStrategic
10.51%739,895filed Nov 26, 2025
Clear Street LLCInstitution
10.45%735,549filed May 14, 2026
Haitao CuiInsiderdirector, officer: Executive Vice President
1.83%128,640filed Aug 10, 2026
Jane Street Group, LLCInstitution
0.32%22,765as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 4, 2026James Liaoofficer: Chief Technology Officer−1,943$6.15
Mar 20, 2026Haitao Cuidirector, officer: Executive Vice President−3,291$4.54
Mar 19, 2026Haitao Cuidirector, officer: Executive Vice President−603$4.56
Mar 18, 2026Haitao Cuidirector, officer: Executive Vice President−156$4.50
Mar 16, 2026Greg Foleyofficer: Chief Executive Officer−2,584$3.98
View details

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