
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.