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Side-by-side financial comparison of Boxlight Corp (BOXL) and Esquire Financial Holdings, Inc. (ESQ). Click either name above to swap in a different company.

Esquire Financial Holdings, Inc. is the larger business by last-quarter revenue ($40.5M vs $29.3M, roughly 1.4× Boxlight Corp). Esquire Financial Holdings, Inc. runs the higher net margin — 30.2% vs -21.1%, a 51.3% gap on every dollar of revenue. Over the past eight quarters, Esquire Financial Holdings, Inc.'s revenue compounded faster (15.0% CAGR vs -23.1%).

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.

Esquire Financial Holdings, Inc. is a U.S.-headquartered bank holding company that provides comprehensive commercial and consumer banking products and services. Its core offerings include deposit accounts, business loans, mortgage services, and wealth management solutions, primarily serving small to medium enterprises, legal industry professionals, and local retail clients.

BOXL vs ESQ — Head-to-Head

Bigger by revenue
ESQ
ESQ
1.4× larger
ESQ
$40.5M
$29.3M
BOXL
Higher net margin
ESQ
ESQ
51.3% more per $
ESQ
30.2%
-21.1%
BOXL
Faster 2-yr revenue CAGR
ESQ
ESQ
Annualised
ESQ
15.0%
-23.1%
BOXL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
BOXL
BOXL
ESQ
ESQ
Revenue
$29.3M
$40.5M
Net Profit
$-6.2M
$12.2M
Gross Margin
29.1%
Operating Margin
-13.4%
Net Margin
-21.1%
30.2%
Revenue YoY
-19.2%
Net Profit YoY
-102.0%
7.0%
EPS (diluted)
$-1.88
$1.40

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.

Revenue
BOXL
BOXL
ESQ
ESQ
Q1 26
$40.5M
Q4 25
$39.4M
Q3 25
$29.3M
$37.6M
Q2 25
$30.9M
$35.8M
Q1 25
$33.8M
Q4 24
$24.0M
$33.1M
Q3 24
$36.3M
$31.9M
Q2 24
$38.5M
$30.6M
Net Profit
BOXL
BOXL
ESQ
ESQ
Q1 26
$12.2M
Q4 25
$13.5M
Q3 25
$-6.2M
$14.1M
Q2 25
$-4.7M
$11.9M
Q1 25
$11.4M
Q4 24
$-16.7M
$11.8M
Q3 24
$-3.1M
$11.4M
Q2 24
$-1.5M
$10.5M
Gross Margin
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
Q3 25
29.1%
Q2 25
35.0%
Q1 25
Q4 24
30.6%
Q3 24
33.8%
Q2 24
37.7%
Operating Margin
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
44.3%
Q3 25
-13.4%
46.5%
Q2 25
-12.7%
42.5%
Q1 25
45.9%
Q4 24
-67.6%
47.4%
Q3 24
-2.4%
48.8%
Q2 24
3.2%
46.9%
Net Margin
BOXL
BOXL
ESQ
ESQ
Q1 26
30.2%
Q4 25
34.2%
Q3 25
-21.1%
37.4%
Q2 25
-15.3%
33.2%
Q1 25
33.8%
Q4 24
-69.6%
35.6%
Q3 24
-8.4%
35.6%
Q2 24
-3.8%
34.3%
EPS (diluted)
BOXL
BOXL
ESQ
ESQ
Q1 26
$1.40
Q4 25
$1.54
Q3 25
$-1.88
$1.62
Q2 25
$-1.53
$1.38
Q1 25
$1.33
Q4 24
$-87.29
$1.35
Q3 24
$-1.72
$1.34
Q2 24
$-0.92
$1.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOXL
BOXL
ESQ
ESQ
Cash + ST InvestmentsLiquidity on hand
$11.8M
$222.2M
Total DebtLower is stronger
$36.7M
Stockholders' EquityBook value
$-19.5M
$301.3M
Total Assets
$99.6M
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOXL
BOXL
ESQ
ESQ
Q1 26
$222.2M
Q4 25
$235.9M
Q3 25
$11.8M
$240.8M
Q2 25
$7.6M
$163.0M
Q1 25
$173.0M
Q4 24
$8.0M
$126.3M
Q3 24
$10.5M
$147.7M
Q2 24
$7.5M
$152.7M
Total Debt
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
Q3 25
$36.7M
Q2 25
$39.0M
Q1 25
Q4 24
$37.1M
Q3 24
$38.8M
Q2 24
$40.3M
Stockholders' Equity
BOXL
BOXL
ESQ
ESQ
Q1 26
$301.3M
Q4 25
$289.6M
Q3 25
$-19.5M
$279.2M
Q2 25
$-20.6M
$263.6M
Q1 25
$250.7M
Q4 24
$-12.9M
$237.1M
Q3 24
$6.5M
$232.6M
Q2 24
$7.5M
$217.4M
Total Assets
BOXL
BOXL
ESQ
ESQ
Q1 26
$2.4B
Q4 25
$2.4B
Q3 25
$99.6M
$2.2B
Q2 25
$99.2M
$2.1B
Q1 25
$2.0B
Q4 24
$115.3M
$1.9B
Q3 24
$142.9M
$1.8B
Q2 24
$141.3M
$1.7B
Debt / Equity
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
5.93×
Q2 24
5.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOXL
BOXL
ESQ
ESQ
Operating Cash FlowLast quarter
$1.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
$59.8M
Q3 25
$1.3M
$16.8M
Q2 25
$10.5M
Q1 25
$15.8M
Q4 24
$1.6M
$42.2M
Q3 24
$5.2M
$10.5M
Q2 24
$-5.4M
$7.2M
Free Cash Flow
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
$56.7M
Q3 25
$16.2M
Q2 25
$9.3M
Q1 25
$14.7M
Q4 24
$41.5M
Q3 24
$10.5M
Q2 24
$6.9M
FCF Margin
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
143.9%
Q3 25
43.2%
Q2 25
26.0%
Q1 25
43.4%
Q4 24
125.5%
Q3 24
32.8%
Q2 24
22.5%
Capex Intensity
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
8.0%
Q3 25
1.3%
Q2 25
3.2%
Q1 25
3.4%
Q4 24
2.2%
Q3 24
0.2%
Q2 24
1.1%
Cash Conversion
BOXL
BOXL
ESQ
ESQ
Q1 26
Q4 25
4.44×
Q3 25
1.19×
Q2 25
0.88×
Q1 25
1.39×
Q4 24
3.59×
Q3 24
0.93×
Q2 24
0.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOXL
BOXL

Products$27.4M93%
Services$2.0M7%

ESQ
ESQ

Net Interest Income$34.0M84%
Noninterest Income$6.5M16%

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