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Boxlight (BOXL) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

Boxlight (BOXL) reported revenue of $29.3M for the third quarter 2025 (Q3 2025), -19% from a year earlier and -5% from the quarter before. Operating margin was -13.4%, net loss $6.2M (21.1% of revenue).

Revenue$29.3M
Year over year-19%
Quarter over quarter-5%
Operating margin-13.4%
Net earnings−$6.2M

Boxlight, Q3 2025: revenue $29.3M (-19% year over year), operating margin -13.4%, net loss $6.2M, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$29.3M-5%-19%
Operating profit−$3.9M——
Net earnings−$6.2M——
Operating cash flow$1.3M-18%-75%

What changed

Revenue was $29.3M in Q3 2025, down 19% year over year and down 5% from the previous quarter. Product revenue was the largest line at 93% of revenue. Product revenue lost $6.6M year over year (down 19%), 95% of the total change.

Gross margin was 29.1%, down 4.7 points from a year earlier. Operating costs exceeded revenue by $3.9M, an operating margin of -13.4%. Operating expenses fell 5% while revenue fell 19%. The fastest-growing cost line was Other operating costs (+27%). The quarter ended with a net loss of $6.2M, wider than the previous quarter's $4.7M loss.

Operating cash flow was $1.3M (down 75% year over year). Non-cash charges added back $2.6M of depreciation and amortization and $111K of share-based compensation. Working capital and other items added $4.7M. Capital expenditures of −$1K left free cash flow of $1.3M.

Questions

What was Boxlight's revenue in the third quarter 2025?

Boxlight (BOXL) reported revenue of $29.3M for the third quarter 2025 (Q3 2025), -19% from a year earlier and -5% from the quarter before.

Was Boxlight profitable in the third quarter 2025?

Operating loss was $3.9M (-13.4% of revenue) and net loss $6.2M.

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Source: Boxlight 10-Q on SEC EDGAR.