Boxlight Reports Second Quarter 2026 Financial Results
Boxlight reported Q2 revenue of $25.9 million, a 16% decrease from the prior year, driven by lower audio unit sales during a product transition. Despite the top-line decline, the company swung to a net income of $0.5 million compared to a net loss of $4.7 million in the prior year, with gross margin expanding to 49.8%.
Key figures
- Eps
- 0.34
- Revenue
- $25.9 million
- Revenue Yoy
- -16.0%
- Net income
- $0.5 million
- Debt repaid
- $2.25 million
- Gross margin
- 49.8%
- Gross profit
- $12.9 million
- Cash position
- $4.3 million
- Adjusted ebitda
- $4.1 million
- Equity raise proceeds
- $4.8 million
AI analysis
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