Filing Flows › Boxlight (BOXL) › Q2 2026 › vs Q1 2026
Boxlight (BOXL) Q2 2026 vs Q1 2026 (quarter over quarter)
Boxlight's revenue rose $3.5M (+15%) from $22.4M in Q1 2026 to $25.9M in Q2 2026. The biggest changes: Product revenue +$2.8M (+14%); Service revenue +$667K (+35%). Gross margin 49.8% against 30.9% (+18.9 pts).
Boxlight, Q2 2026: revenue $25.9M (-16% year over year), operating margin 4.0%, net earnings $509K, operating cash flow −$2.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 49.8% | 30.9% | +18.9 pts |
| Operating margin | 4.0% | -21.9% | +25.9 pts |
| Net margin | 2.0% | -29.1% | +31.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Product revenue | $23.4M | $20.6M | $2.8M | +14% |
| Service revenue | $2.5M | $1.9M | $667K | +35% |
| Revenue | $25.9M | $22.4M | $3.5M | +15% |
| Gross profit | $12.9M | $6.9M | $6.0M | +86% |
| Cost of revenue | $13.0M | $15.5M | −$2.5M | -16% |
| Operating profit | $1.0M | −$4.9M | $5.9M | — |
| Operating expenses | $11.9M | $11.8M | $34K | +0.3% |
| Pre-tax earnings | $246K | −$6.9M | $7.2M | — |
| Other expense, net | $791K | $2.0M | −$1.2M | -61% |
| Research & development | $942K | $936K | $6K | +0.6% |
| General & admin | $8.4M | $8.4M | $7K | +0.1% |
| Other operating costs | $2.6M | $2.6M | $21K | +0.8% |
| Income tax benefit | $263K | $385K | −$122K | -32% |
| Net earnings | $509K | −$6.5M | $7.0M | — |
| Operating cash sources | $5.6M | $1.2M | $4.3M | +347% |
| Depreciation & amortization | $2.6M | $2.6M | $21K | +0.8% |
| Share-based compensation | $49K | $163K | −$114K | -70% |
| Cash used in operations | $2.4M | $5.0M | −$2.6M | -52% |
| Working capital & other | $5.6M | $1.2M | $4.3M | +347% |
Questions
How much did Boxlight's revenue grow quarter over quarter in Q2 2026?
Boxlight's revenue rose $3.5M (+15%) from $22.4M in Q1 2026 to $25.9M in Q2 2026.
What drove Boxlight's revenue change in Q2 2026?
Product revenue +$2.8M (+14%); Service revenue +$667K (+35%).