Filing Flows › Boxlight (BOXL) › Q1 2025
Boxlight (BOXL) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Boxlight (BOXL) reported revenue of $22.4M for the first quarter 2025 (Q1 2025), -40% from a year earlier and -7% from the quarter before. Operating margin was -13.0%, net loss $3.2M (14.5% of revenue).
Boxlight, Q1 2025: revenue $22.4M (-40% year over year), operating margin -13.0%, net loss $3.2M, operating cash flow −$4.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.4M | -7% | -40% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$3.2M | — | — |
| Operating cash flow | −$4.7M | -384% | — |
What changed
Revenue was $22.4M in Q1 2025, down 40% year over year and down 7% from the previous quarter.
Gross margin was 35.9%, up 1.3 points from a year earlier. Operating costs exceeded revenue by $2.9M, an operating margin of -13.0%. Operating expenses fell 33% while revenue fell 40%. The quarter ended with a net loss of $3.2M, narrower than the previous quarter's $16.7M loss.
Operating cash flow was −$4.7M. Non-cash charges added back $2.5M of depreciation and amortization and $169K of share-based compensation. Working capital and other items used $4.1M. Capital expenditures of $127K exceeded it, leaving free cash flow of −$4.8M.
Questions
What was Boxlight's revenue in the first quarter 2025?
Boxlight (BOXL) reported revenue of $22.4M for the first quarter 2025 (Q1 2025), -40% from a year earlier and -7% from the quarter before.
Was Boxlight profitable in the first quarter 2025?
Operating loss was $2.9M (-13.0% of revenue) and net loss $3.2M.
Source: Boxlight 10-Q on SEC EDGAR.