Boxlight CorpBOXLEarnings & Financial Report
Boxlight Corp is a global provider of interactive technology solutions, including interactive flat panel displays, projectors, collaborative software, and classroom technology accessories. It primarily serves K-12 and higher education institutions, as well as corporate and government customers across North America, Europe, and Asia Pacific, focusing on enhancing learning and work collaboration efficiency.
Revenue
$30.9M
Gross Profit
$10.8M
Operating Profit
$-3.9M
Net Profit
$-4.7M
Gross Margin
35.0%
Operating Margin
-12.7%
Net Margin
-15.3%
YoY Growth
-19.9%
EPS
$-1.53
Boxlight Corp Q2 FY2025 Financial Summary
Boxlight Corp reported revenue of $30.9M (down 19.9% YoY) for Q2 FY2025, with a net profit of $-4.7M (down 219.3% YoY) (-15.3% margin). Cost of goods sold was $20.1M, operating expenses totaled $14.7M.
Key Financial Metrics
| Total Revenue | $30.9M |
|---|---|
| Net Profit | $-4.7M |
| Gross Margin | 35.0% |
| Operating Margin | -12.7% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Boxlight Corp Q2 FY2025 revenue of $30.9M breaks down across 2 segments, led by Products at $27.8M (90.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $27.8M | 90.2% |
| Services | $3.0M | 9.8% |
Boxlight Corp Revenue by Segment — Quarterly Trend
Boxlight Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Services) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q4 FY2024 | Q3 FY2024 |
|---|---|---|---|---|
| Products | $27.4M | $27.8M | — | $33.9M |
| Services | $2.0M | $3.0M | — | $2.3M |
Boxlight Corp Annual Revenue by Year
Boxlight Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $135.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $135.9M |
| 2023 | $176.7M |
| 2022 | $221.8M |
Boxlight Corp Quarterly Revenue & Net Profit History
Boxlight Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $29.3M | -19.2% | $-6.2M | -21.1% |
| Q2 FY2025 | $30.9M | -19.9% | $-4.7M | -15.3% |
| Q4 FY2024 | $24.0M | -38.2% | $-16.7M | -69.6% |
| Q3 FY2024 | $36.3M | -26.9% | $-3.1M | -8.4% |
| Q2 FY2024 | $38.5M | -18.1% | $-1.5M | -3.8% |
| Q1 FY2024 | $37.1M | -9.9% | $-7.1M | -19.1% |
| Q4 FY2023 | $38.8M | -9.3% | $-17.7M | -45.5% |
| Q3 FY2023 | $49.7M | -27.7% | $-17.8M | -35.7% |
Income Statement
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.7M | $38.8M | $37.1M | $38.5M | $36.3M | $24.0M | $30.9M | $29.3M |
| YoY Growth | -27.7% | -9.3% | -9.9% | -18.1% | -26.9% | -38.2% | -19.9% | -19.2% |
Balance Sheet
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $180.4M | $161.8M | $142.4M | $141.3M | $142.9M | $115.3M | $99.2M | $99.6M |
| Liabilities | $121.2M | $116.5M | $104.8M | $105.1M | $107.6M | $99.7M | $91.3M | $90.5M |
| Equity | $30.6M | $16.8M | $9.1M | $7.5M | $6.5M | $-12.9M | $-20.6M | $-19.5M |
Cash Flow
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $8.2M | $3.3M | $-1.9M | $-5.4M | $5.2M | $1.6M | $1.3M |