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Side-by-side financial comparison of Boxlight Corp (BOXL) and Hyperscale Data, Inc. (GPUS). Click either name above to swap in a different company.

Boxlight Corp is the larger business by last-quarter revenue ($29.3M vs $26.9M, roughly 1.1× Hyperscale Data, Inc.). Boxlight Corp runs the higher net margin — -21.1% vs -112.0%, a 90.9% gap on every dollar of revenue. On growth, Hyperscale Data, Inc. posted the faster year-over-year revenue change (38.4% vs -19.2%). Over the past eight quarters, Hyperscale Data, Inc.'s revenue compounded faster (-16.3% 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.

Hyperscale Data, Inc. provides GPU-accelerated computing infrastructure and cloud solutions tailored for AI development, big data processing, and high-performance computing workloads. It primarily serves AI startups, large technology firms, and cloud service providers across North America and the Asia-Pacific region, delivering scalable, high-efficiency computing resources to support complex data processing needs.

BOXL vs GPUS — Head-to-Head

Bigger by revenue
BOXL
BOXL
1.1× larger
BOXL
$29.3M
$26.9M
GPUS
Growing faster (revenue YoY)
GPUS
GPUS
+57.5% gap
GPUS
38.4%
-19.2%
BOXL
Higher net margin
BOXL
BOXL
90.9% more per $
BOXL
-21.1%
-112.0%
GPUS
Faster 2-yr revenue CAGR
GPUS
GPUS
Annualised
GPUS
-16.3%
-23.1%
BOXL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BOXL
BOXL
GPUS
GPUS
Revenue
$29.3M
$26.9M
Net Profit
$-6.2M
$-30.1M
Gross Margin
29.1%
14.5%
Operating Margin
-13.4%
-117.8%
Net Margin
-21.1%
-112.0%
Revenue YoY
-19.2%
38.4%
Net Profit YoY
-102.0%
-6670.3%
EPS (diluted)
$-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.

Revenue
BOXL
BOXL
GPUS
GPUS
Q4 25
$26.9M
Q3 25
$29.3M
$24.3M
Q2 25
$30.9M
$25.9M
Q1 25
$25.0M
Q4 24
$24.0M
$19.4M
Q3 24
$36.3M
$31.1M
Q2 24
$38.5M
$17.8M
Q1 24
$37.1M
$38.4M
Net Profit
BOXL
BOXL
GPUS
GPUS
Q4 25
$-30.1M
Q3 25
$-6.2M
$-13.0M
Q2 25
$-4.7M
$-19.1M
Q1 25
$-4.2M
Q4 24
$-16.7M
$-445.0K
Q3 24
$-3.1M
$-25.5M
Q2 24
$-1.5M
$-33.9M
Q1 24
$-7.1M
$3.7M
Gross Margin
BOXL
BOXL
GPUS
GPUS
Q4 25
14.5%
Q3 25
29.1%
25.8%
Q2 25
35.0%
23.7%
Q1 25
21.1%
Q4 24
30.6%
6.5%
Q3 24
33.8%
27.5%
Q2 24
37.7%
-21.3%
Q1 24
34.5%
47.4%
Operating Margin
BOXL
BOXL
GPUS
GPUS
Q4 25
-117.8%
Q3 25
-13.4%
-57.8%
Q2 25
-12.7%
-39.2%
Q1 25
-25.5%
Q4 24
-67.6%
-46.8%
Q3 24
-2.4%
-79.2%
Q2 24
3.2%
-151.4%
Q1 24
-9.7%
9.5%
Net Margin
BOXL
BOXL
GPUS
GPUS
Q4 25
-112.0%
Q3 25
-21.1%
-53.5%
Q2 25
-15.3%
-73.7%
Q1 25
-16.8%
Q4 24
-69.6%
-2.3%
Q3 24
-8.4%
-82.3%
Q2 24
-3.8%
-190.7%
Q1 24
-19.1%
9.7%
EPS (diluted)
BOXL
BOXL
GPUS
GPUS
Q4 25
Q3 25
$-1.88
$-0.39
Q2 25
$-1.53
$-2.66
Q1 25
Q4 24
$-87.29
$-8.78
Q3 24
$-1.72
$-24.82
Q2 24
$-0.92
$-37.81
Q1 24
$-0.76
$3.32

Balance Sheet & Financial Strength

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

Metric
BOXL
BOXL
GPUS
GPUS
Cash + ST InvestmentsLiquidity on hand
$11.8M
$13.1M
Total DebtLower is stronger
$36.7M
$83.1M
Stockholders' EquityBook value
$-19.5M
$119.8M
Total Assets
$99.6M
$313.7M
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOXL
BOXL
GPUS
GPUS
Q4 25
$13.1M
Q3 25
$11.8M
$24.8M
Q2 25
$7.6M
$5.9M
Q1 25
$4.2M
Q4 24
$8.0M
$4.5M
Q3 24
$10.5M
$7.9M
Q2 24
$7.5M
$9.6M
Q1 24
$11.8M
$18.9M
Total Debt
BOXL
BOXL
GPUS
GPUS
Q4 25
$83.1M
Q3 25
$36.7M
$80.0M
Q2 25
$39.0M
$88.5M
Q1 25
$92.8M
Q4 24
$37.1M
$96.7M
Q3 24
$38.8M
$104.8M
Q2 24
$40.3M
$106.8M
Q1 24
$38.5M
$30.0M
Stockholders' Equity
BOXL
BOXL
GPUS
GPUS
Q4 25
$119.8M
Q3 25
$-19.5M
$55.9M
Q2 25
$-20.6M
$5.5M
Q1 25
$6.3M
Q4 24
$-12.9M
$8.6M
Q3 24
$6.5M
$2.7M
Q2 24
$7.5M
$26.7M
Q1 24
$9.1M
$59.0M
Total Assets
BOXL
BOXL
GPUS
GPUS
Q4 25
$313.7M
Q3 25
$99.6M
$242.4M
Q2 25
$99.2M
$213.5M
Q1 25
$218.5M
Q4 24
$115.3M
$220.8M
Q3 24
$142.9M
$231.5M
Q2 24
$141.3M
$270.8M
Q1 24
$142.4M
$299.8M
Debt / Equity
BOXL
BOXL
GPUS
GPUS
Q4 25
0.69×
Q3 25
1.43×
Q2 25
16.06×
Q1 25
14.71×
Q4 24
11.19×
Q3 24
5.93×
38.41×
Q2 24
5.38×
4.00×
Q1 24
4.23×
0.51×

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
GPUS
GPUS
Operating Cash FlowLast quarter
$1.3M
$-37.7M
Free Cash FlowOCF − Capex
$-56.2M
FCF MarginFCF / Revenue
-208.7%
Capex IntensityCapex / Revenue
68.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-87.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOXL
BOXL
GPUS
GPUS
Q4 25
$-37.7M
Q3 25
$1.3M
$-17.8M
Q2 25
$-3.1M
Q1 25
$-4.0M
Q4 24
$1.6M
$-9.2M
Q3 24
$5.2M
$3.7M
Q2 24
$-5.4M
$-3.7M
Q1 24
$-1.9M
$-10.2M
Free Cash Flow
BOXL
BOXL
GPUS
GPUS
Q4 25
$-56.2M
Q3 25
$-20.6M
Q2 25
$-3.5M
Q1 25
$-6.8M
Q4 24
$-9.3M
Q3 24
$2.6M
Q2 24
$-5.9M
Q1 24
$-11.6M
FCF Margin
BOXL
BOXL
GPUS
GPUS
Q4 25
-208.7%
Q3 25
-84.5%
Q2 25
-13.5%
Q1 25
-27.3%
Q4 24
-47.6%
Q3 24
8.4%
Q2 24
-33.4%
Q1 24
-30.3%
Capex Intensity
BOXL
BOXL
GPUS
GPUS
Q4 25
68.6%
Q3 25
11.5%
Q2 25
1.5%
Q1 25
11.5%
Q4 24
0.3%
Q3 24
3.6%
Q2 24
12.6%
Q1 24
3.7%
Cash Conversion
BOXL
BOXL
GPUS
GPUS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-2.75×

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%

GPUS
GPUS

Transferred Over Time$10.4M39%
Revenue From Mined Crypto Assets At Sentinum Owned And Operated Facilities$5.8M21%
Hotel And Real Estate Operations$4.8M18%
Other$4.0M15%
Turn On Green$2.0M7%

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