Boxlight Corporation (BOXL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 22.44M | 26.63M | 29.34M | 30.85M | 22.42M | 24M | 36.29M | 38.51M | 37.09M | 38.81M | 49.67M | 47.05M | 41.19M | 42.81M | 68.74M | 59.63M | 50.6M | 43.99M | 61.01M | 46.75M |
| Revenue Growth % | 0.08% | 10.99% | -19.16% | -19.89% | -39.55% | -38.17% | -26.94% | -18.15% | -9.94% | -9.35% | -27.74% | -21.09% | -18.6% | -2.68% | 12.67% | 27.54% | 51.4% | 38.06% | 543.75% | 497.27% |
| Cost of Goods Sold | 15.5M | 20.37M | 20.8M | 20.06M | 14.38M | 16.65M | 24.04M | 23.99M | 26.35M | 26.5M | 31.65M | 29.22M | 26.04M | 28.42M | 47.72M | 42.79M | 37.99M | 34.65M | 45.21M | 33.92M |
| COGS % of Revenue | 69.08% | 76.49% | 70.91% | 65.03% | 64.13% | 69.39% | 66.24% | 62.28% | 71.03% | 68.28% | 63.73% | 62.11% | 63.22% | 66.37% | 69.42% | 71.77% | 75.07% | 78.77% | 74.11% | 72.55% |
| Gross Profit | 6.94M | 6.26M | 8.54M | 10.79M | 8.04M | 7.35M | 12.25M | 14.53M | 10.75M | 12.31M | 18.01M | 17.83M | 15.15M | 14.4M | 21.02M | 16.83M | 12.62M | 9.34M | 15.8M | 12.83M |
| Gross Margin % | 30.92% | 23.51% | 29.09% | 34.97% | 35.87% | 30.61% | 33.76% | 37.72% | 28.97% | 31.72% | 36.27% | 37.89% | 36.78% | 33.63% | 30.58% | 28.23% | 24.93% | 21.23% | 25.9% | 27.45% |
| Gross Profit Growth % | -13.73% | -14.77% | -30.34% | -25.73% | -25.15% | -40.33% | -31.99% | -18.51% | -29.06% | -14.49% | -14.3% | 5.9% | 20.07% | 54.14% | 33.05% | 31.17% | 47.52% | 162.24% | 680.15% | 376.92% |
| Operating Expenses | 11.84M | 11.87M | 12.48M | 14.7M | 10.95M | 23.57M | 13.11M | 13.31M | 14.35M | 28.91M | 29.61M | 15.75M | 15.33M | 15.24M | 14.56M | 15.95M | 16.07M | 14.94M | 12.29M | 11.28M |
| OpEx % of Revenue | 52.77% | 44.57% | 42.54% | 47.65% | 48.84% | 98.24% | 36.13% | 34.55% | 38.69% | 74.48% | 59.62% | 33.48% | 37.21% | 35.6% | 21.18% | 26.75% | 31.76% | 33.97% | 20.14% | 24.13% |
| Selling, General & Admin | 8.35M | 8.16M | 8.73M | 13.57M | 10.04M | 22.63M | 12.09M | 12.32M | 13.18M | 15.89M | 15.41M | 15.23M | 14.73M | 14.62M | 13.95M | 15.3M | 15.46M | 14.43M | 11.93M | 10.8M |
| SG&A % of Revenue | 37.21% | 30.66% | 29.76% | 44% | 44.77% | 94.29% | 33.31% | 31.99% | 35.53% | 40.93% | 31.02% | 32.36% | 35.76% | 34.15% | 20.3% | 25.67% | 30.55% | 32.79% | 19.56% | 23.1% |
| Research & Development | 936K | 1.11M | 1.12M | 1.13M | 912K | 948K | 1.02M | 985K | 1.17M | 1.05M | 979K | 525K | 597K | 617K | 604K | 649K | 613K | 516K | 355K | 481K |
| R&D % of Revenue | 4.17% | 4.16% | 3.82% | 3.66% | 4.07% | 3.95% | 2.82% | 2.56% | 3.16% | 2.72% | 1.97% | 1.12% | 1.45% | 1.44% | 0.88% | 1.09% | 1.21% | 1.17% | 0.58% | 1.03% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -4.9M | -5.61M | -3.94M | -3.91M | -2.91M | -16.23M | -859K | 1.22M | -3.6M | -16.6M | -11.6M | 2.08M | -180K | -842K | 6.46M | 881K | -3.45M | -5.6M | 3.51M | 1.55M |
| Operating Margin % | -21.85% | -21.06% | -13.44% | -12.68% | -12.97% | -67.63% | -2.37% | 3.17% | -9.72% | -42.76% | -23.35% | 4.41% | -0.44% | -1.97% | 9.4% | 1.48% | -6.83% | -12.73% | 5.75% | 3.32% |
| Operating Income Growth % | -68.64% | 65.43% | -359.14% | -420.13% | 19.33% | 2.22% | 92.59% | -41.14% | -1902.78% | -1871.14% | -279.44% | 135.64% | 94.79% | 84.97% | 84.16% | -43.27% | -69.81% | 25.29% | 300.23% | 295.59% |
| EBITDA | -2.35M | -3.01M | -1.32M | -1.32M | -445K | -1.89M | 1.22M | 3.27M | -1.54M | -14.63M | -9.27M | 4.37M | 2.08M | 1.47M | 8.7M | 3.15M | -1.13M | -3.71M | 5.21M | 3.37M |
| EBITDA Margin % | -10.46% | -11.31% | -4.49% | -4.28% | -1.98% | -7.86% | 3.35% | 8.48% | -4.14% | -37.7% | -18.66% | 9.3% | 5.06% | 3.43% | 12.65% | 5.28% | -2.24% | -8.43% | 8.53% | 7.2% |
| EBITDA Growth % | -427.64% | -59.65% | -208.31% | -140.46% | 71.03% | 87.11% | 113.12% | -25.35% | -173.74% | -1095.98% | -206.58% | 38.99% | 283.85% | 139.61% | 66.99% | -6.51% | -304.64% | 34.32% | 462.86% | 687.43% |
| D&A (Non-Cash Add-back) | 2.56M | 2.6M | 2.63M | 2.59M | 2.46M | 14.34M | 2.08M | 2.04M | 2.07M | 1.97M | 2.33M | 2.3M | 2.26M | 2.31M | 2.23M | 2.27M | 2.32M | 1.89M | 1.7M | 1.81M |
| EBIT | -5.64M | -8.23M | -3.69M | -1.87M | -906K | -16.85M | -523K | 997K | -3.61M | -16.57M | -11.69M | 2.23M | -426K | 149K | 6.22M | 2.48M | -2.63M | -7.04M | 2.99M | 1.07M |
| Net Interest Income | -1.27M | -2.22M | -2.75M | -2.57M | -2.49M | -2.53M | -2.55M | -2.57M | -2.61M | -2.62M | -2.99M | -2.79M | -2.45M | -2.59M | -2.6M | -2.42M | -2.32M | -730K | -870K | -764K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.27M | 2.22M | 2.75M | 2.57M | 2.49M | 2.53M | 2.55M | 2.57M | 2.61M | 2.62M | 2.99M | 2.79M | 2.45M | 2.59M | 2.6M | 2.42M | 2.32M | 730K | 870K | 764K |
| Other Income/Expense | -2.01M | -4.84M | -2.5M | -533K | -485K | -3.15M | -2.21M | -2.79M | -2.61M | -2.59M | -3.08M | -2.63M | -2.69M | -1.6M | -2.84M | -814K | -1.49M | -2.17M | -1.39M | -1.25M |
| Pretax Income | -6.91M | -10.45M | -6.45M | -4.45M | -3.39M | -19.38M | -3.07M | -1.57M | -6.22M | -19.18M | -14.68M | -556K | -2.87M | -2.44M | 3.63M | 67K | -4.94M | -7.77M | 2.12M | 302K |
| Pretax Margin % | -30.79% | -39.22% | -21.97% | -14.41% | -15.13% | -80.78% | -8.47% | -4.07% | -16.77% | -49.43% | -29.55% | -1.18% | -6.98% | -5.71% | 5.27% | 0.11% | -9.77% | -17.66% | 3.48% | 0.65% |
| Income Tax | -385K | -783K | -261K | 274K | -150K | -2.68M | -12K | -91K | 870K | -1.51M | 3.07M | 255K | 51K | -426K | 520K | 41K | -86K | -626K | 1.39M | 2.52M |
| Effective Tax Rate % | 5.57% | 7.49% | 4.05% | -6.16% | 4.42% | 13.81% | 0.39% | 5.8% | -13.99% | 7.89% | -20.94% | -45.86% | -1.78% | 17.43% | 14.34% | 61.19% | 1.74% | 8.06% | 65.61% | 835.1% |
| Net Income | -6.53M | -9.66M | -6.18M | -4.72M | -3.24M | -16.71M | -3.06M | -1.48M | -7.09M | -17.67M | -17.75M | -811K | -2.92M | -2.02M | 3.1M | 26K | -4.86M | -7.14M | 729K | -2.22M |
| Net Margin % | -29.07% | -36.28% | -21.08% | -15.3% | -14.46% | -69.62% | -8.44% | -3.84% | -19.11% | -45.53% | -35.74% | -1.72% | -7.1% | -4.71% | 4.52% | 0.04% | -9.6% | -16.24% | 1.19% | -4.75% |
| Net Income Growth % | -101.2% | 42.16% | -102.03% | -219.28% | 54.25% | 5.46% | 82.75% | -82.24% | -142.44% | -775.67% | -671.66% | -3219.23% | 39.79% | 71.74% | 325.93% | 101.17% | 6.06% | 16.62% | 117.31% | -55.68% |
| Net Income (Continuing) | -6.53M | -9.66M | -6.18M | -4.72M | -3.24M | -16.71M | -3.06M | -1.48M | -7.09M | -17.67M | -17.75M | -811K | -2.92M | -2.02M | 3.1M | 26K | -4.86M | -7.14M | 729K | -2.22M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -13.50 | -64.92 | -67.68 | -55.08 | -50.76 | -311.04 | -61.92 | -33.12 | -137.16 | -333.72 | -342.00 | -21.60 | -62.28 | -45.00 | 45.00 | -6.48 | -113.76 | -168.12 | 9.00 | -54.00 |
| EPS Growth % | 73.4% | 79.13% | -9.3% | -66.3% | 62.99% | 6.8% | 81.89% | -53.33% | -120.23% | -641.6% | -860% | -233.33% | 45.25% | 73.23% | 400% | 88% | 20.6% | 33.66% | 106.58% | 53.85% |
| EPS (Basic) | -13.50 | -64.92 | -67.68 | -55.08 | -50.76 | -311.04 | -61.92 | -33.12 | -137.16 | -333.72 | -342.00 | -21.60 | -62.28 | -45.00 | 56.16 | -6.48 | -113.76 | -178.56 | 9.72 | -54.00 |
| Diluted Shares Outstanding | 105.18K | 105.18K | 96.11K | 91.56K | 70.25K | 54.74K | 54.57K | 54.37K | 53.97K | 53.91K | 52.69K | 52.14K | 50.08K | 51.89K | 62.2K | 45.71K | 45.44K | 43.21K | 44.94K | 40.19K |
| Basic Shares Outstanding | 105.18K | 105.18K | 96.11K | 91.56K | 70.25K | 54.74K | 54.57K | 54.37K | 53.97K | 53.91K | 52.69K | 52.14K | 50.08K | 51.89K | 62.2K | 45.71K | 45.44K | 41.45K | 41.73K | 40.19K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |