11 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 14.8% per year over the past 5 years.
Operating margin has expanded, at -15.0% in the latest year.
Financial health
Total debt ($35M) exceeds cash ($9M); net debt is $26M.
Total debt has grown slower than revenue (-3.1% vs 14.8% per year).
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.7 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$109M
-$24M
30.8%
-15.0%
-$3M
$35M
$9M
2024
$136M
-$28M
34.5%
-14.3%
-$945000
$74M
$8M
2023
$177M
-$39M
35.8%
-14.9%
—
$41M
$17M
2022
$222M
-$4M
29.2%
1.4%
—
$45M
$15M
2021
$185M
-$14M
25.1%
-1.4%
—
$62M
$18M
2020
$55M
-$16M
18.0%
-23.2%
—
$41M
$13M
2019
$33M
-$9M
27.1%
-24.4%
—
$6M
$1M
2018
$38M
-$7M
22.9%
-18.5%
—
$5M
$901459
2017
$26M
-$7M
24.9%
-28.1%
—
—
$2M
2016
—
-$2M
—
—
—
—
$456502
2015
—
-$2M
—
—
—
—
$994103
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$22M
-$7M
30.9%
-21.9%
-$5M
$35M
$7M
Dec '25
$27M
-$10M
23.5%
-21.1%
-$1M
$35M
$9M
Sep '25
$29M
-$6M
29.1%
-13.4%
—
$73M
$12M
Jun '25
$31M
-$5M
35.0%
-12.7%
—
$78M
$8M
Mar '25
$22M
-$3M
35.9%
-13.0%
-$5M
—
—
Dec '24
$24M
-$17M
30.6%
-67.6%
$1M
$74M
$8M
Sep '24
$36M
-$3M
33.8%
-2.4%
—
$40M
$10M
Jun '24
$39M
-$1M
37.7%
3.2%
—
$43M
$8M
Mar '24
$37M
-$7M
34.5%
-9.7%
—
$40M
$12M
Dec '23
$39M
-$18M
31.7%
-42.8%
—
$41M
$17M
Sep '23
$50M
-$18M
36.3%
-23.4%
—
$45M
$18M
Jun '23
$47M
-$811000
37.9%
4.4%
—
$51M
$16M
Mar '23
$41M
-$3M
36.8%
-0.4%
—
$45M
$11M
Dec '22
$43M
-$2M
33.6%
-2.0%
—
$45M
$15M
Sep '22
$69M
$3M
30.6%
9.4%
—
$63M
$22M
Jun '22
$60M
$26000
28.2%
1.5%
—
$63M
$12M
Mar '22
$51M
-$5M
24.9%
-6.8%
—
$60M
$11M
Dec '21
$44M
-$7M
21.2%
-12.7%
—
$62M
$18M
Sep '21
$61M
$729000
25.9%
5.8%
—
—
$6M
Jun '21
$47M
-$2M
27.5%
3.3%
—
—
$7M
Valuation over time
How the market has priced BOXL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.0× (Mar '23) to 0.2× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is BOXL growing its revenue and profit?
Over the past 5 years, Boxlight Corp's revenue has grown 14.8% per year. These are computed facts, not advice.
How much debt does BOXL have?
As of FY2025, Boxlight Corp reported $35M of total debt against $9M of cash.
What is BOXL's profit margin?
In FY2025, gross margin was 30.8%, operating margin -15.0%, and net margin -21.8%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.