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

Boxlight Corp is the larger business by last-quarter revenue ($29.3M vs $27.2M, roughly 1.1× SUNation Energy, Inc.). SUNation Energy, Inc. runs the higher net margin — 9.6% vs -21.1%, a 30.6% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs -19.2%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% 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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

BOXL vs SUNE — Head-to-Head

Bigger by revenue
BOXL
BOXL
1.1× larger
BOXL
$29.3M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+96.1% gap
SUNE
77.0%
-19.2%
BOXL
Higher net margin
SUNE
SUNE
30.6% more per $
SUNE
9.6%
-21.1%
BOXL
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
-23.1%
BOXL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BOXL
BOXL
SUNE
SUNE
Revenue
$29.3M
$27.2M
Net Profit
$-6.2M
$2.6M
Gross Margin
29.1%
40.7%
Operating Margin
-13.4%
10.7%
Net Margin
-21.1%
9.6%
Revenue YoY
-19.2%
77.0%
Net Profit YoY
-102.0%
138.2%
EPS (diluted)
$-1.88
$105.59

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
SUNE
SUNE
Q4 25
$27.2M
Q3 25
$29.3M
$19.0M
Q2 25
$30.9M
$13.1M
Q1 25
$12.6M
Q4 24
$24.0M
$15.4M
Q3 24
$36.3M
$14.7M
Q2 24
$38.5M
$13.5M
Q1 24
$37.1M
$13.2M
Net Profit
BOXL
BOXL
SUNE
SUNE
Q4 25
$2.6M
Q3 25
$-6.2M
$-393.0K
Q2 25
$-4.7M
$-9.6M
Q1 25
$-3.5M
Q4 24
$-16.7M
$-6.8M
Q3 24
$-3.1M
$-3.3M
Q2 24
$-1.5M
$-6.9M
Q1 24
$-7.1M
$1.2M
Gross Margin
BOXL
BOXL
SUNE
SUNE
Q4 25
40.7%
Q3 25
29.1%
38.0%
Q2 25
35.0%
37.0%
Q1 25
35.1%
Q4 24
30.6%
36.4%
Q3 24
33.8%
35.6%
Q2 24
37.7%
35.4%
Q1 24
34.5%
36.4%
Operating Margin
BOXL
BOXL
SUNE
SUNE
Q4 25
10.7%
Q3 25
-13.4%
-1.3%
Q2 25
-12.7%
-16.6%
Q1 25
-17.2%
Q4 24
-67.6%
-42.3%
Q3 24
-2.4%
-10.9%
Q2 24
3.2%
-15.0%
Q1 24
-9.7%
-16.5%
Net Margin
BOXL
BOXL
SUNE
SUNE
Q4 25
9.6%
Q3 25
-21.1%
-2.1%
Q2 25
-15.3%
-73.5%
Q1 25
-27.7%
Q4 24
-69.6%
-44.4%
Q3 24
-8.4%
-22.4%
Q2 24
-3.8%
-51.2%
Q1 24
-19.1%
9.1%
EPS (diluted)
BOXL
BOXL
SUNE
SUNE
Q4 25
$105.59
Q3 25
$-1.88
$-0.12
Q2 25
$-1.53
$-3.14
Q1 25
$-106.71
Q4 24
$-87.29
$41676.94
Q3 24
$-1.72
$-2350.12
Q2 24
$-0.92
$-11022.91
Q1 24
$-0.76
$-38414.84

Balance Sheet & Financial Strength

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

Metric
BOXL
BOXL
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$11.8M
$7.2M
Total DebtLower is stronger
$36.7M
$6.6M
Stockholders' EquityBook value
$-19.5M
$24.3M
Total Assets
$99.6M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOXL
BOXL
SUNE
SUNE
Q4 25
$7.2M
Q3 25
$11.8M
$5.4M
Q2 25
$7.6M
$3.2M
Q1 25
$1.4M
Q4 24
$8.0M
$839.3K
Q3 24
$10.5M
$1.1M
Q2 24
$7.5M
$1.0M
Q1 24
$11.8M
$1.8M
Total Debt
BOXL
BOXL
SUNE
SUNE
Q4 25
$6.6M
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
Stockholders' Equity
BOXL
BOXL
SUNE
SUNE
Q4 25
$24.3M
Q3 25
$-19.5M
$21.7M
Q2 25
$-20.6M
$22.1M
Q1 25
$14.8M
Q4 24
$-12.9M
$8.5M
Q3 24
$6.5M
$13.1M
Q2 24
$7.5M
$-10.9M
Q1 24
$9.1M
$-11.2M
Total Assets
BOXL
BOXL
SUNE
SUNE
Q4 25
$48.2M
Q3 25
$99.6M
$49.6M
Q2 25
$99.2M
$44.1M
Q1 25
$44.4M
Q4 24
$115.3M
$45.7M
Q3 24
$142.9M
$51.0M
Q2 24
$141.3M
$52.9M
Q1 24
$142.4M
$54.7M
Debt / Equity
BOXL
BOXL
SUNE
SUNE
Q4 25
0.27×
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
BOXL
BOXL
SUNE
SUNE
Operating Cash FlowLast quarter
$1.3M
$2.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOXL
BOXL
SUNE
SUNE
Q4 25
$2.1M
Q3 25
$1.3M
$2.4M
Q2 25
$-130.2K
Q1 25
$-3.4M
Q4 24
$1.6M
$-1.9M
Q3 24
$5.2M
$-968.1K
Q2 24
$-5.4M
$-776.4K
Q1 24
$-1.9M
$-2.6M
Free Cash Flow
BOXL
BOXL
SUNE
SUNE
Q4 25
Q3 25
$2.4M
Q2 25
Q1 25
Q4 24
$-1.9M
Q3 24
$-980.3K
Q2 24
$-788.4K
Q1 24
$-2.7M
FCF Margin
BOXL
BOXL
SUNE
SUNE
Q4 25
Q3 25
12.5%
Q2 25
Q1 25
Q4 24
-12.4%
Q3 24
-6.7%
Q2 24
-5.8%
Q1 24
-20.1%
Capex Intensity
BOXL
BOXL
SUNE
SUNE
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
BOXL
BOXL
SUNE
SUNE
Q4 25
0.81×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-2.20×

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%

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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