Filing Flows › Boxlight (BOXL) › Q2 2026 › vs Q2 2025
Boxlight (BOXL) Q2 2026 vs Q2 2025 (year over year)
Boxlight's revenue fell $4.9M (-16%) from $30.9M in Q2 2025 to $25.9M in Q2 2026. The biggest changes: Product revenue −$4.9M (-17%); Service revenue −$21K (-0.8%). Gross margin 49.8% against 35.0% (+14.9 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 49.8% | 35.0% | +14.9 pts |
| Operating margin | 4.0% | -12.7% | +16.7 pts |
| Net margin | 2.0% | -15.3% | +17.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product revenue | $23.4M | $28.3M | −$4.9M | -17% |
| Service revenue | $2.5M | $2.6M | −$21K | -0.8% |
| Revenue | $25.9M | $30.9M | −$4.9M | -16% |
| Gross profit | $12.9M | $10.8M | $2.1M | +20% |
| Cost of revenue | $13.0M | $20.1M | −$7.1M | -35% |
| Operating profit | $1.0M | −$3.9M | $4.9M | — |
| Operating expenses | $11.9M | $14.7M | −$2.8M | -19% |
| Pre-tax earnings | $246K | −$4.4M | $4.7M | — |
| Other expense, net | $791K | $533K | $258K | +48% |
| Research & development | $942K | $1.1M | −$186K | -16% |
| General & admin | $8.4M | $11.0M | −$2.6M | -24% |
| Other operating costs | $2.6M | $2.6M | −$14K | -0.5% |
| Income tax benefit | $263K | −$274K | $537K | — |
| Net earnings | $509K | −$4.7M | $5.2M | — |
| Operating cash sources | $5.6M | −$782K | $6.3M | — |
| Depreciation & amortization | $2.6M | $2.6M | −$14K | -0.5% |
| Share-based compensation | $49K | $179K | −$130K | -73% |
| Cash used in operations | $2.4M | $1.2M | $1.3M | +108% |
| Working capital & other | $5.6M | −$782K | $6.3M | — |
Questions
How much did Boxlight's revenue grow year over year in Q2 2026?
Boxlight's revenue fell $4.9M (-16%) from $30.9M in Q2 2025 to $25.9M in Q2 2026.
What drove Boxlight's revenue change in Q2 2026?
Product revenue −$4.9M (-17%); Service revenue −$21K (-0.8%).