Filing Flows › Boxlight (BOXL) › Q1 2026
Boxlight (BOXL) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Boxlight (BOXL) reported revenue of $22.4M for the first quarter 2026 (Q1 2026), +0.1% from a year earlier and -16% from the quarter before. Operating margin was -21.9%, net loss $6.5M (29.1% of revenue).
Boxlight, Q1 2026: revenue $22.4M (+0.1% year over year), operating margin -21.9%, net loss $6.5M, operating cash flow −$5.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.4M | -16% | +0.1% |
| Operating profit | −$4.9M | — | — |
| Net earnings | −$6.5M | — | — |
| Operating cash flow | −$5.0M | — | — |
What changed
Revenue was $22.4M in Q1 2026, roughly flat year over year and down 16% from the previous quarter. Product revenue was the largest line at 92% of revenue. Service revenue added $1.1M year over year (up 141%), 5805% of the total change. Product revenue declined 5%.
Gross margin was 30.9%, down 4.9 points from Q1 2025. Operating costs exceeded revenue by $4.9M, an operating margin of -21.9%. Operating expenses grew 8% against flat revenue. The fastest-growing cost line was General & admin (+10%). The quarter ended with a net loss of $6.5M, narrower than the previous quarter's $9.7M loss.
Operating cash flow was −$5.0M. Non-cash charges added back $2.6M of depreciation and amortization and $163K of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $42K exceeded it, leaving free cash flow of −$5.1M.
Questions
What was Boxlight's revenue in the first quarter 2026?
Boxlight (BOXL) reported revenue of $22.4M for the first quarter 2026 (Q1 2026), +0.1% from a year earlier and -16% from the quarter before.
Was Boxlight profitable in the first quarter 2026?
Operating loss was $4.9M (-21.9% of revenue) and net loss $6.5M.
Source: Boxlight 10-Q on SEC EDGAR.