Boxlight Corp income statement
In fiscal 2025, Boxlight Corp reported revenue of $109m, down 19.6% on the year before, operating income of −$16.4m (a -15.0% margin) and net income of −$23.8m, or −$1430.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 20 | 26 | 38 | 33 | 55 | 185 | 222 | 177 | 136 | 109 | 104 |
| Cost of revenue | 2 | 13 | 19 | 29 | 24 | 45 | 139 | 157 | 113 | 89 | 76 | 70 |
| Gross profit | 1 | 7 | 6 | 9 | 9 | 10 | 47 | 65 | 63 | 47 | 34 | 35 |
| Research and development | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 4 |
| General and administrative | 3 | 8 | 13 | 15 | 16 | 21 | 47 | 59 | 61 | 42 | 35 | 34 |
| Operating income | −2 | −1 | −7 | −7 | −8 | −13 | −3 | 3 | −26 | −19 | −16 | −13 |
| Interest expense | 0 | 1 | 1 | 1 | 2 | 3 | 3 | 10 | 11 | — | — | — |
| Income before tax | — | — | — | — | −9 | −17 | −10 | −4 | −37 | −30 | −25 | −24 |
| Income tax | — | — | — | — | — | −1 | 3 | 0 | 2 | −2 | −1 | −2 |
| Net income | −2 | −2 | −7 | −7 | −9 | −16 | −14 | −4 | −39 | −28 | −24 | −22 |
| Diluted EPS | −$4751.58 | −$17.28 | −$43.20 | −$25.92 | −$7602.53 | −$3369.30 | −$1987.03 | −$626.34 | −$4617.67 | −$3264.55 | −$1430.51 | — |
| Diluted shares (average) | — | — | — | — | — | — | — | — | 9m | 9m | — | — |
| EBITDA | −2 | −1 | −6 | −6 | −7 | −10 | 5 | 12 | −17 | 1 | −6 | −3 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 24 | 22 | 31 | 29 | 27 | 22 | 26 |
| Cost of revenue | 24 | 17 | 14 | 20 | 21 | 20 | 16 | 13 |
| Gross profit | 12 | 7 | 8 | 11 | 9 | 6 | 7 | 13 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| General and administrative | 10 | 8 | 8 | 11 | 9 | 8 | 8 | 8 |
| Operating income | −1 | −16 | −3 | −4 | −4 | −6 | −5 | 1 |
| Income before tax | −3 | −19 | −3 | −4 | −6 | −10 | −7 | 0 |
| Income tax | −0 | −3 | −0 | 0 | −0 | −1 | −0 | −0 |
| Net income | −3 | −17 | −3 | −5 | −6 | −10 | −7 | 1 |
| Diluted EPS | −$371.49 | −$3033.09 | −$1825.04 | −$55.00 | −$406.04 | −$1255.21 | −$485.96 | $0.34 |
| EBITDA | 1 | −2 | −0 | −1 | −1 | −3 | −2 | 4 |
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