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Boxlight Corp（BOXL）与Strategic Education, Inc.（STRA）财务数据对比。点击上方公司名可切换其他公司
Strategic Education, Inc.的季度营收约是Boxlight Corp的10.4倍（$305.9M vs $29.3M）。Strategic Education, Inc.净利率更高（9.7% vs -21.1%，领先30.8%）。Strategic Education, Inc.同比增速更快（-0.8% vs -19.2%）。过去两年Strategic Education, Inc.的营收复合增速更高（-1.0% vs -23.1%）
Boxlight Corp是全球互动技术解决方案供应商，主营交互式平板显示器、投影仪、协作软件及教育技术配件，主要服务K12、高等教育机构及企业、政府客户，产品覆盖北美、欧洲、亚太等市场，专注提升教学及协作效率。
Strategic Education, Inc.（简称SEI）是一家教育服务控股企业，前身为斯特雷尔教育公司。旗下拥有营利性在线院校卡佩拉大学、斯特雷尔大学，还运营着DevMountain、Hackbright学院、Sophia Learning等提供非学位课程的教育机构。
BOXL vs STRA — 直观对比
营收规模更大
STRA
是对方的10.4倍
$29.3M
营收增速更快
STRA
高出18.4%
-19.2%
净利率更高
STRA
高出30.8%
-21.1%
两年增速更快
STRA
近两年复合增速
-23.1%
损益表 — Q3 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $29.3M | $305.9M |
| 净利润 | $-6.2M | $29.7M |
| 毛利率 | 29.1% | — |
| 营业利润率 | -13.4% | 13.0% |
| 净利率 | -21.1% | 9.7% |
| 营收同比 | -19.2% | -0.8% |
| 净利润同比 | -102.0% | -9.3% |
| 每股收益（稀释后） | $-1.88 | $1.24 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BOXLSTRA
| Q1 26 | — | $305.9M | ||
| Q4 25 | — | $323.2M | ||
| Q3 25 | $29.3M | $319.9M | ||
| Q2 25 | $30.9M | $321.5M | ||
| Q1 25 | — | $303.6M | ||
| Q4 24 | $24.0M | $311.5M | ||
| Q3 24 | $36.3M | $306.0M | ||
| Q2 24 | $38.5M | $312.3M |
净利润BOXLSTRA
| Q1 26 | — | $29.7M | ||
| Q4 25 | — | $37.9M | ||
| Q3 25 | $-6.2M | $26.6M | ||
| Q2 25 | $-4.7M | $32.3M | ||
| Q1 25 | — | $29.7M | ||
| Q4 24 | $-16.7M | $25.3M | ||
| Q3 24 | $-3.1M | $27.7M | ||
| Q2 24 | $-1.5M | $29.9M |
毛利率BOXLSTRA
| 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% | — |
营业利润率BOXLSTRA
| Q1 26 | — | 13.0% | ||
| Q4 25 | — | 16.0% | ||
| Q3 25 | -13.4% | 11.6% | ||
| Q2 25 | -12.7% | 14.2% | ||
| Q1 25 | — | 13.1% | ||
| Q4 24 | -67.6% | 11.6% | ||
| Q3 24 | -2.4% | 11.9% | ||
| Q2 24 | 3.2% | 13.4% |
净利率BOXLSTRA
| Q1 26 | — | 9.7% | ||
| Q4 25 | — | 11.7% | ||
| Q3 25 | -21.1% | 8.3% | ||
| Q2 25 | -15.3% | 10.1% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | -69.6% | 8.1% | ||
| Q3 24 | -8.4% | 9.1% | ||
| Q2 24 | -3.8% | 9.6% |
每股收益（稀释后）BOXLSTRA
| Q1 26 | — | $1.24 | ||
| Q4 25 | — | $1.65 | ||
| Q3 25 | $-1.88 | $1.15 | ||
| Q2 25 | $-1.53 | $1.37 | ||
| Q1 25 | — | $1.24 | ||
| Q4 24 | $-87.29 | $1.05 | ||
| Q3 24 | $-1.72 | $1.15 | ||
| Q2 24 | $-0.92 | $1.24 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $11.8M | $140.8M |
| 总债务越低越好 | $36.7M | — |
| 股东权益账面价值 | $-19.5M | $1.6B |
| 总资产 | $99.6M | $2.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BOXLSTRA
| Q1 26 | — | $140.8M | ||
| Q4 25 | — | $148.1M | ||
| Q3 25 | $11.8M | $172.6M | ||
| Q2 25 | $7.6M | $164.9M | ||
| Q1 25 | — | $182.6M | ||
| Q4 24 | $8.0M | $184.0M | ||
| Q3 24 | $10.5M | $222.1M | ||
| Q2 24 | $7.5M | $256.2M |
总债务BOXLSTRA
| 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 | — |
股东权益BOXLSTRA
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $-19.5M | $1.7B | ||
| Q2 25 | $-20.6M | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | $-12.9M | $1.7B | ||
| Q3 24 | $6.5M | $1.7B | ||
| Q2 24 | $7.5M | $1.7B |
总资产BOXLSTRA
| Q1 26 | — | $2.0B | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | $99.6M | $2.1B | ||
| Q2 25 | $99.2M | $2.1B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | $115.3M | $2.0B | ||
| Q3 24 | $142.9M | $2.2B | ||
| Q2 24 | $141.3M | $2.2B |
负债/权益比BOXLSTRA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.93× | — | ||
| Q2 24 | 5.38× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.3M | $67.7M |
| 自由现金流经营现金流 - 资本支出 | — | $57.3M |
| 自由现金流率自由现金流/营收 | — | 18.7% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 2.27× |
| 过去12个月自由现金流最近4个季度 | — | $153.9M |
8季度趋势，按日历期对齐
经营现金流BOXLSTRA
| Q1 26 | — | $67.7M | ||
| Q4 25 | — | $39.2M | ||
| Q3 25 | $1.3M | $60.1M | ||
| Q2 25 | — | $31.2M | ||
| Q1 25 | — | $67.7M | ||
| Q4 24 | $1.6M | $15.9M | ||
| Q3 24 | $5.2M | $51.5M | ||
| Q2 24 | $-5.4M | $24.3M |
自由现金流BOXLSTRA
| Q1 26 | — | $57.3M | ||
| Q4 25 | — | $27.0M | ||
| Q3 25 | — | $49.3M | ||
| Q2 25 | — | $20.4M | ||
| Q1 25 | — | $57.3M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | — | $42.1M | ||
| Q2 24 | — | $13.6M |
自由现金流率BOXLSTRA
| Q1 26 | — | 18.7% | ||
| Q4 25 | — | 8.3% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 18.9% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 4.3% |
资本支出强度BOXLSTRA
| Q1 26 | — | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 3.4% |
现金转化率BOXLSTRA
| Q1 26 | — | 2.27× | ||
| Q4 25 | — | 1.03× | ||
| Q3 25 | — | 2.26× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 2.27× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 0.81× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BOXL
| Products | $27.4M | 93% |
| Services | $2.0M | 7% |
STRA
| U.S. Higher Education | $221.0M | 72% |
| Australia/New Zealand | $48.3M | 16% |
| Education Technology Services | $34.3M | 11% |
