SequelSEC

Boxlight Corp BOXL

Services-Educational Services · CIK 0001624512 · Fiscal year ends 1231

Revenue
$109.25M
Fiscal year ended 2025-12-31
Operating income
-$16.37M
Fiscal year ended 2025-12-31
Free cash flow
-$3.44M
Fiscal year ended 2025-12-31

Boxlight Corp (BOXL) reported revenue of $109.25M and net income of -$23.81M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Boxlight Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Educational Services.

Income

Boxlight Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$109.25M$135.89M$176.72M$221.78M$185.18M$54.89M$33.03M$37.84M$25.74M$20.37M
Cost of revenue$75.62M$88.95M$113.42M$156.91M$138.65M$45.02M$24.09M$29.19M$19.33M$12.96M
Gross profit$33.63M$46.94M$63.30M$64.87M$46.52M$9.87M$8.94M$8.65M$6.41M$7.41M
Operating income-$16.37M-$19.47M-$26.30M$3.05M-$2.57M-$12.71M-$8.06M-$7.00M-$7.24M-$1.29M
Net income-$23.81M-$28.34M-$39.16M-$3.74M-$13.80M-$16.15M-$9.40M-$7.18M-$6.54M-$2.06M
Research & development$4.27M$4.13M$3.16M$2.48M$1.83M$1.42M$1.23M$671.65K$465.94K$1.01M
Weighted-average diluted sharesUnavailableUnavailableshares 1.89Mshares 8.64Mshares 58.85Mshares 42.20MUnavailableUnavailableUnavailableUnavailable
Pretax income-$24.73M-$30.24M-$37.29M-$3.69M-$10.49M-$16.97M-$9.40MUnavailableUnavailableUnavailable
Income tax expense-$920.00K-$1.91M$1.87M$49.00K$3.31M-$821.00KUnavailableUnavailableUnavailableUnavailable
Diluted EPS$-39.74$-90.69$-21.38$-0.58$-0.23$-0.39UnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$35.45M$41.76M$61.25M$59.34M$47.27M$21.16M$15.77M$14.98M$13.19M$7.69M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Boxlight Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$9.37M$8.01M$17.25M$14.59M$17.94M$13.46M$1.17M$901.46K$2.01M$456.50K
Total assets$97.54M$115.30M$161.77M$195.40M$201.44M$139.95M$20.47M$21.27M$20.45M$19.12M
Current assets$69.48M$78.38M$103.58M$111.24M$108.55M$61.40M$9.92M$9.96M$10.11M$8.01M
Total liabilities$96.29M$99.69M$116.51M$114.99M$119.63M$66.61M$21.12M$13.30M$11.40M$17.01M
Current liabilities$42.85M$77.04M$49.43M$48.48M$54.75M$40.39M$17.21M$12.56M$11.23M$12.67M
Total equity incl. NCI$1.26M-$12.90M$16.75M$51.89M$53.30M$44.47M-$647.00K$7.97M$9.05M$2.11M
Temporary (mezzanine) equity$0$28.51M$28.51M$28.51M$28.51M$28.88MUnavailableUnavailableUnavailableUnavailable
Inventory$38.13M$43.26M$44.13M$58.21M$51.59M$20.91M$3.32M$4.21M$4.63M$4.16M
Accounts receivable$15.36M$18.32M$32.67M$31.01M$29.57M$20.87M$3.66M$3.63M$3.09M$2.94M
GoodwillUnavailable$0$0$25.09M$26.04M$22.74M$4.72M$4.72M$4.18M$4.18M
Long-term debt$32.88M$0$39.13M$43.78M$42.14M$24.65M$1.20M$3.01MUnavailableUnavailable
Accounts payableUnavailable$20.70M$27.45M$30.72M$25.71M$10.70MUnavailableUnavailableUnavailableUnavailable

Cash flow

Boxlight Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow-$3.34M-$439.00K$11.58M$1.19M-$2.33M-$4.66M-$4.26M-$3.77M-$1.34M$2.37M
Capital expenditures$102.00K$506.00KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$102.00K-$506.00K-$1.32M-$1.21M-$34.01M-$45.32M$6.00K$900.20K-$10.00K$366.61K
Financing cash flow$3.39M-$7.14M-$8.01M-$5.13M$41.15M$65.58M$4.46M$1.78M$2.93M-$3.29M
Net change in cash$1.36M-$9.25M$2.66M-$3.35M$4.48M$12.29M$272.00K-$1.11M$1.55M-$537.60K
Stock-based compensation$269.00K$1.39M$3.13M$3.31M$4.06M$1.63M$1.14M$1.98M$4.34M$464.32K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$10.28M$20.53M$8.86M$9.13M$7.18M$2.61M$909.00K$885.70K$747.21K$353.39K

Derived

Boxlight Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow-$3.44M-$945.00KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin30.8%34.5%35.8%29.2%25.1%18.0%27.1%22.9%24.9%36.4%
Operating margin-15.0%-14.3%-14.9%1.4%-1.4%-23.2%-24.4%-18.5%-28.1%-6.3%
FCF margin-3.1%-0.7%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.2%1.0%1.8%1.5%2.2%3.0%3.4%5.2%16.9%2.3%
Current ratio1.62x1.02x2.10x2.29x1.98x1.52x0.58x0.79x0.90x0.63x
Revenue YoY growth-19.6%-23.1%-20.3%19.8%237.4%66.2%-12.7%47.0%26.4%Unavailable
Net margin-21.8%-20.9%-22.2%-1.7%-7.5%-29.4%-28.5%-19.0%-25.4%-10.1%
R&D / revenue3.9%3.0%1.8%1.1%1.0%2.6%3.7%1.8%1.8%5.0%
CapEx / revenue0.1%0.4%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity26.20xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BOXL in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-04-15View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-K · Filed 2025-03-28View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.