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BOXL Financials Boxlight Corp

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
-$39M $91M $222M $0 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-29% 3% 36% 0% 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$3M -$2M $0 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $37M $74M 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$45M $10M $66M $0 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
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

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.

Price / sales (P/S)
0.0 0.1 0.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
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.