Foxx Development Holdings Inc.
FOXX Technology Consumer Electronics
Foxx Development Holdings Inc.’s revenue for fiscal 2026 (year ended June 2026) was $52.6 million, down 20.2% from fiscal 2025. In the quarter to June 2026, revenue fell 49.9%, EPS fell 115.3%, free cash flow grew 11.1% and total debt fell 24.4%, each against the same quarter a year earlier.
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Foxx Development Holdings Inc. (FOXX) Piotroski F-score
Foxx Development Holdings Inc.'s Piotroski F-score for fiscal 2026 is 2 out of 9: 2 of nine tests of profitability, leverage and efficiency passed.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 2 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (209.34%) | (57.50%) | Fail | 0 |
| Positive operating cash flow | (358.00k) | (6.56m) | Fail | 0 |
| Rising return on assets | (209.34%) | (57.50%) | Fail | 0 |
| Cash flow above net income | 52.33m | 2.46m | Pass | 1 |
| Falling long-term leverage | 0.00 | 0.00 | Pass | 1 |
| Rising current ratio | 0.25 | 0.78 | Fail | 0 |
| No new shares issued | 6,922,000 | 6,148,000 | Fail | 0 |
| Rising gross margin | 3.22% | 7.24% | Fail | 0 |
| Rising asset turnover | 2.09 | 4.20 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 2 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| UEIC Universal Electronics Inc. compare | 7 |
| KOSS Koss Corporation compare | 6 |
| FEBO Fenbo Holdings Limited compare | 5 |
| ZEPP Zepp Health Corporation Sponsored ADR compare | 5 |
| MSN Emerson Radio Corporation compare | 4 |
| AXIL AXIL Brands, Inc. compare | 3 |
| WLDS Wearable Devices Ltd. compare | 3 |
| FOXX Foxx Development Holdings Inc. | 2 |
| RIME Algorhythm Holdings, Inc. compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover