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Boxlight Corporation BOXL
$ 6.95 2.21%
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Quarterly report 2026-Q1
added 05-15-2026

Boxlight Corporation Income Statement 2025-2011 | BOXL

Brief overview of income trends at Boxlight Corporation

The comparison covers a five-year financial horizon. Revenue at Boxlight Corporation moved from $54.9 million in 2020 to $109 million in 2025. Across the full period, sales moved by +99%; the average annual rate was 14.8%. The company expanded its sales base at a healthy rate.

At the gross-profit level, the result moved from 9.9 million dollars to 33.6 million dollars, a change of +240.8%. The cost base moved more slowly than the top line, which supported margins. Gross profit as a share of revenue changed from 18% to 30.8%. Improving gross profitability strengthens the quality of revenue growth.

The operating result measured by EBITDA moved from −11.1 million dollars to −6.1 million dollars, or +45%. EBITDA lagged revenue, showing weaker operating momentum. Comparing the endpoints gives EBITDA margins of −20.2% and −5.6%. The business generated more EBITDA from each unit of revenue.

Across the five years, the net result shifted from −$16.2 million to −$23.8 million. The loss widened and increased the financial risk.

Over the period, capitalization shifted from $86.5 million to $770 thousand (−99.1%). Investors responded cautiously to the improvement in the business.

Summary assessment

The indicators point to a weaker financial profile. Key strengths include revenue expansion, positive operating leverage and improving gross profitability. The most visible risks are a weaker market valuation, lower net income and limited operating profitability. Investors should continue to monitor margins, costs, and earnings quality.

Annual Income Statement Boxlight Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

770 K 522 K 1.44 M 6.57 M 58.8 M 86.5 M 12.6 M 25.6 M 31 M - - - - - -

Shares

631 K 326 K 1.89 M 8.64 M 58.8 M 42.2 M 10.7 M 9.92 M 5.46 M - - - - - -

Historical Prices

1.22 1.6 0.76 0.76 1.12 2.05 1.14 2.83 5.69 - - - - - -

Net Income

-23.8 M -28.3 M -39.2 M -3.74 M -13.8 M -16.2 M -9.4 M -7.18 M -7.3 M -2.06 M -2.26 M -1.09 M - - -

Revenue

109 M 136 M 177 M 222 M 185 M 54.9 M 33 M 37.8 M 25.7 M 20.4 M 3.38 M 2.9 M - - -

Cost of Revenue

75.6 M 89 M 113 M 157 M 139 M 45 M 24.1 M 29.2 M 19.3 M 13 M 2.28 M - - - -

Gross Profit

33.6 M 46.9 M 63.3 M 64.9 M 46.5 M 9.87 M 8.94 M 8.65 M 6.41 M 7.41 M 1.1 M 666 K - - -

Operating Income

-16.4 M -19.5 M -26.3 M 3.05 M -2.57 M -12.7 M -8.06 M -7 M -7.24 M -1.29 M -2.05 M - - - -

Interest Expense

1.08 M -727 K 10.8 M 9.92 M 3.38 M 2.82 M 1.79 M 842 K 635 K 818 K 98.5 K - - - -

EBITDA

-6.09 M 1.06 M -17.4 M 12.2 M 4.6 M -11.1 M -7.15 M -6.11 M -6.39 M -933 K -1.94 M -1.07 M - - -

Operating Expenses

50 M 66.4 M 89.6 M 61.8 M 49.1 M 22.6 M 17 M 15.6 M 13.6 M 8.7 M 3.15 M 1.73 M - - -

General and Administrative Expenses

35.5 M 41.8 M 61.3 M 59.3 M 47.3 M 21.2 M 15.8 M 15 M 13.1 M 7.69 M 2.94 M 1.73 M - - -

All numbers in USD currency

Quarterly Income Statement Boxlight Corporation

2026-Q1 2025-Q3 2025-Q2 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

3.04 M 3.46 M 3.3 M 1.96 M 1.96 M 9.71 M 9.48 M 9.38 M 9.37 M - 8.94 M 8.23 K 65.4 K - 60.1 K 57.9 M 55.2 M - 44.2 M 17.6 M 12.5 K - 10.7 M 10.6 M 10.3 M - 10.1 M 9.81 M 9.62 M - 5.38 M 4.62 M 4.62 M - 4.19 M 4.41 M 4.18 M - - - - - - - - - - - - - - - - - - - -

Net Income

-6.52 M -6.18 M -4.72 M -3.06 M -1.48 M -7.09 M -17.8 M -811 K -2.92 M - 3.1 M 26 K -4.86 M - 729 K -2.22 M -5.17 M - -4.21 M -1.43 M -1.95 M - -472 K -1.42 M -4.61 M - -1.22 M -4.46 M -905 K - 470 K -814 K -1.56 M - -102 K 313 K -553 K - - - - - - - - - - - - - - - - - - - -

Revenue

22.4 M 29.3 M 30.9 M 36.3 M 38.5 M 37.1 M 49.7 M 47.1 M 41.2 M - 68.7 M 59.6 M 50.6 M - 61 M 46.8 M 33.4 M - 9.48 M 7.83 M 5.72 M - 11.3 M 10.8 M 4.99 M 250 K 250 K 9.66 M 6 M - 10.2 M 5.98 M 4.19 M - 7.88 M 4.42 M 3.08 M - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

15.5 M 20.8 M 20.1 M 24 M 24 M 24.3 M 31.7 M 29.2 M 26 M - 47.7 M 42.8 M 38 M - 45.2 M 33.9 M 24.9 M - 7.45 M 5.14 M 4.13 M - 8.07 M 7.81 M 3.32 M - 7.76 M 7.94 M 4.52 M - 7.33 M 4.27 M 2.99 M - 5.08 M 2.59 M 1.81 M - - - - - - - - - - - - - - - - - - - -

Gross Profit

6.94 M 8.54 M 10.8 M 12.3 M 14.5 M 12.8 M 18 M 17.8 M 15.1 M - 21 M 16.8 M 12.6 M - 15.8 M 12.8 M 8.55 M - 2.02 M 2.69 M 1.59 M - 3.23 M 2.99 M 1.67 M - 2.43 M 1.73 M 1.48 M - 2.9 M 1.71 M 1.2 M - 2.79 M 1.83 M 1.26 M - - - - - - - - - - - - - - - - - - - -

Operating Income

-4.9 M -3.94 M -3.91 M -859 K 1.22 M -3.6 M -11.6 M 2.08 M -180 K - 6.46 M 881 K -3.45 M - 3.51 M 1.55 M -2.03 M - -1.75 M -794 K -2.66 M - -1.35 M -1.23 M -2.33 M - -1.93 M -2.18 M -1.81 M - 545 K -699 K -1.44 M - 499 K 347 K -509 K - - - - - - - - - - - - - - - - - - - -

Interest Expense

-700 K 778 K 2.33 M 330 K -229 K 2.61 M -181 K -28 K 2.45 M - 2.6 M 2.42 M 2.32 M - 870 K 764 K 1.02 M - 531 K 628 K 459 K - 517 K 479 K 281 K - 188 K 207 K 147 K - 187 K 107 K 169 K - 550 K 95.2 K 44.7 K - - - - - - - - - - - - - - - - - - - -

EBITDA

-2.35 M -1.32 M -1.41 M 1.22 M 3.12 M -1.54 M -9.5 M 4.28 M 2.08 M - 8.56 M 3.08 M -1.13 M - 8.77 M 5.12 M -280 K - -995 K -354 K -2.44 M - -659 K -764 K -2.08 M - -1.3 M -1.8 M -1.62 M - 1.1 M -324 K -1.25 M - 662 K 347 K -509 K - - - - - - - - - - - - - - - - - - - -

Operating Expenses

11.8 M 12.5 M 14.7 M 13.1 M 13.3 M 16.4 M 29.6 M 15.8 M 15.3 M - 14.6 M 16 M 16.1 M - 12.3 M 11.3 M 10.6 M - 3.78 M 3.48 M 4.26 M - 4.58 M 4.22 M 4 M - 4.36 M 3.9 M 3.29 M - 2.36 M 2.41 M 2.64 M - 2.29 M 1.48 M 1.77 M - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

8.35 M 8.73 M 13.6 M 10 M 12.3 M 15.2 M 15.4 M 15.2 M 14.7 M - 14 M 15.3 M 15.5 M - 11.9 M 10.8 M 10.1 M - 3.31 M 3.2 M 3.94 M - 4.23 M 3.9 M 3.77 M - 4.26 M 3.73 M 3.19 M - 2.3 M 2.3 M 2.45 M - 2.05 M 1.22 M 1.43 M - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Boxlight Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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