vs
Side-by-side financial comparison of BGSF, INC. (BGSF) and Boxlight Corp (BOXL). Click either name above to swap in a different company.
Boxlight Corp is the larger business by last-quarter revenue ($29.3M vs $22.0M, roughly 1.3× BGSF, INC.). BGSF, INC. runs the higher net margin — -5.3% vs -21.1%, a 15.8% gap on every dollar of revenue. On growth, BGSF, INC. posted the faster year-over-year revenue change (-9.4% vs -19.2%). Over the past eight quarters, BGSF, INC.'s revenue compounded faster (-5.3% CAGR vs -23.1%).
BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.
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.
BGSF vs BOXL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $29.3M |
| Net Profit | $-1.2M | $-6.2M |
| Gross Margin | 35.0% | 29.1% |
| Operating Margin | -17.6% | -13.4% |
| Net Margin | -5.3% | -21.1% |
| Revenue YoY | -9.4% | -19.2% |
| Net Profit YoY | -18.2% | -102.0% |
| EPS (diluted) | $-0.12 | $-1.88 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $22.0M | — | ||
| Q3 25 | $26.9M | $29.3M | ||
| Q2 25 | $23.5M | $30.9M | ||
| Q1 25 | $20.9M | — | ||
| Q4 24 | $24.3M | $24.0M | ||
| Q3 24 | $29.8M | $36.3M | ||
| Q2 24 | $25.7M | $38.5M | ||
| Q1 24 | $24.5M | $37.1M |
| Q4 25 | $-1.2M | — | ||
| Q3 25 | $-5.8M | $-6.2M | ||
| Q2 25 | $-3.7M | $-4.7M | ||
| Q1 25 | $-722.0K | — | ||
| Q4 24 | $-981.0K | $-16.7M | ||
| Q3 24 | $-804.0K | $-3.1M | ||
| Q2 24 | $-761.0K | $-1.5M | ||
| Q1 24 | $-792.0K | $-7.1M |
| Q4 25 | 35.0% | — | ||
| Q3 25 | 35.9% | 29.1% | ||
| Q2 25 | 35.8% | 35.0% | ||
| Q1 25 | 36.2% | — | ||
| Q4 24 | 35.9% | 30.6% | ||
| Q3 24 | 35.9% | 33.8% | ||
| Q2 24 | 37.3% | 37.7% | ||
| Q1 24 | 38.1% | 34.5% |
| Q4 25 | -17.6% | — | ||
| Q3 25 | -3.5% | -13.4% | ||
| Q2 25 | -18.8% | -12.7% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | -15.7% | -67.6% | ||
| Q3 24 | -3.4% | -2.4% | ||
| Q2 24 | -5.7% | 3.2% | ||
| Q1 24 | 1.7% | -9.7% |
| Q4 25 | -5.3% | — | ||
| Q3 25 | -21.6% | -21.1% | ||
| Q2 25 | -15.9% | -15.3% | ||
| Q1 25 | -3.5% | — | ||
| Q4 24 | -4.0% | -69.6% | ||
| Q3 24 | -2.7% | -8.4% | ||
| Q2 24 | -3.0% | -3.8% | ||
| Q1 24 | -3.2% | -19.1% |
| Q4 25 | $-0.12 | — | ||
| Q3 25 | $-0.52 | $-1.88 | ||
| Q2 25 | $-0.34 | $-1.53 | ||
| Q1 25 | $-0.06 | — | ||
| Q4 24 | — | $-87.29 | ||
| Q3 24 | $-0.07 | $-1.72 | ||
| Q2 24 | $-0.07 | $-0.92 | ||
| Q1 24 | — | $-0.76 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $11.8M |
| Total DebtLower is stronger | — | $36.7M |
| Stockholders' EquityBook value | $48.1M | $-19.5M |
| Total Assets | $57.8M | $99.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $41.2M | $11.8M | ||
| Q2 25 | $2.8M | $7.6M | ||
| Q1 25 | $2.0M | — | ||
| Q4 24 | $32.0K | $8.0M | ||
| Q3 24 | $262 | $10.5M | ||
| Q2 24 | $226 | $7.5M | ||
| Q1 24 | $50 | $11.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | $36.7M | ||
| Q2 25 | — | $39.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $37.1M | ||
| Q3 24 | — | $38.8M | ||
| Q2 24 | — | $40.3M | ||
| Q1 24 | — | $38.5M |
| Q4 25 | $48.1M | — | ||
| Q3 25 | $50.7M | $-19.5M | ||
| Q2 25 | $78.3M | $-20.6M | ||
| Q1 25 | $81.8M | — | ||
| Q4 24 | $82.3M | $-12.9M | ||
| Q3 24 | $82.9M | $6.5M | ||
| Q2 24 | $83.2M | $7.5M | ||
| Q1 24 | $83.6M | $9.1M |
| Q4 25 | $57.8M | — | ||
| Q3 25 | $83.6M | $99.6M | ||
| Q2 25 | $149.7M | $99.2M | ||
| Q1 25 | $152.3M | — | ||
| Q4 24 | $150.1M | $115.3M | ||
| Q3 24 | $157.3K | $142.9M | ||
| Q2 24 | $159.8K | $141.3M | ||
| Q1 24 | $170.6K | $142.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.93× | ||
| Q2 24 | — | 5.38× | ||
| Q1 24 | — | 4.23× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7M | $1.3M |
| Free Cash FlowOCF − Capex | $1.7M | — |
| FCF MarginFCF / Revenue | 7.6% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | — | ||
| Q3 25 | $-4.8M | $1.3M | ||
| Q2 25 | $2.2M | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $3.2M | $1.6M | ||
| Q3 24 | $6.5M | $5.2M | ||
| Q2 24 | $7.3M | $-5.4M | ||
| Q1 24 | $7.4M | $-1.9M |
| Q4 25 | $1.7M | — | ||
| Q3 25 | $-4.9M | — | ||
| Q2 25 | $2.1M | — | ||
| Q1 25 | $1.0M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $6.5M | — | ||
| Q2 24 | $7.3M | — | ||
| Q1 24 | $6.9M | — |
| Q4 25 | 7.6% | — | ||
| Q3 25 | -18.1% | — | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 5.0% | — | ||
| Q4 24 | 10.2% | — | ||
| Q3 24 | 21.7% | — | ||
| Q2 24 | 28.5% | — | ||
| Q1 24 | 28.1% | — |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 2.0% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
BOXL
| Products | $27.4M | 93% |
| Services | $2.0M | 7% |
