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Boxlight (BOXL) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Apr 15, 2026

Boxlight (BOXL) reported revenue of $26.6M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and -9% from the quarter before. Operating margin was -21.1%, net loss $9.7M (36.3% of revenue).

Revenue$26.6M
Year over year+11%
Quarter over quarter-9%
Operating margin-21.1%
Net earnings−$9.7M

Boxlight, Q4 2025: revenue $26.6M (+11% year over year), operating margin -21.1%, net loss $9.7M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$26.6M-9%+11%
Operating profit−$5.6M——
Net earnings−$9.7M——
Operating cash flow−$1.5M-218%-193%

What changed

Revenue was $26.6M in Q4 2025, up 11% year over year and down 9% from the previous quarter.

Gross margin was 23.5%, down 7.1 points from Q4 2024. Operating costs exceeded revenue by $5.6M, an operating margin of -21.1%. Operating expenses fell 50% while revenue rose 11%. The fastest-growing cost line was Research & development (+17%). The quarter ended with a net loss of $9.7M, wider than the previous quarter's $6.2M loss. Net interest and other expense of $4.8M was the main reason.

Operating cash flow was −$1.5M. Non-cash charges added back $2.6M of depreciation and amortization. Working capital and other items added $5.5M. Capital expenditures of −$56K exceeded it, leaving free cash flow of −$1.5M.

Questions

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

Boxlight (BOXL) reported revenue of $26.6M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and -9% from the quarter before.

Was Boxlight profitable in the fourth quarter 2025?

Operating loss was $5.6M (-21.1% of revenue) and net loss $9.7M.

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Source: Boxlight 10-K on SEC EDGAR.