Boxlight Reports Second Quarter 2025 Financial Results

Boxlight Corporation (Nasdaq: BOXL) (“Boxlight” or the “Company”), a leading provider of interactive technology solutions, today announced the Company’s financial results for the second quarter ended June 30, 2025.

Financial and Operational Highlights:

• Revenue was $30.9 million for the quarter, a decrease of 19.9% from the prior year quarter

• On a sequential quarter basis, total revenues increased 37.6% from Q1 2025

• Gross profit margin in Q2 2025 decreased to 35.0% from 37.7% from the prior year quarter

• Net loss was $4.7 million, compared to net loss of $1.5 million in the prior year quarter

• Net loss per basic and diluted common share was $1.53, compared to $0.92 net loss per basic and diluted common share in the prior year quarter

• Adjusted EBITDA, a non-GAAP measure, decreased by $2.4 million to $1.3 million from the prior year quarter

• Boxlight launched CL Totem in North America, providing modern, freestanding digital signage built for high-traffic environments

• Boxlight marked its 40th anniversary at ISTELive 25 and ASCD Annual 25 June 29-July 2

• Ended the quarter with $7.6 million in cash and a $0.5 million working capital deficit

Management Commentary

“We increased revenue by nearly 38% in Q2 vs Q1, suggesting an improvement in industry demand and giving management optimism for the future,” commented Dale Strang, Boxlight’s Chief Executive Officer. “Our market outlook supports a return to overall growth in 2026, despite the headwinds created by external factors such as evolving trade dynamics and disruption in government funding. Our customers’ commitment to modern interactive technology and enhanced communications and safety solutions is stronger than ever, leading to numerous opportunities for product upgrades, replacements and refreshes. While the timing for these upgrades can change, we are pleased to have recently been awarded multiple IFPD opportunities, creating increased optimism in a market refresh for classroom communications and digital signage.”

“Boxlight maintained positive Adjusted EBITDA despite the revenue headwinds, demonstrating the progress we have made to streamline our cost structure and enable a sustainable business model in these challenging times,” added Mr. Strang. “We were able to maintain relatively stable gross margins despite industry-wide, external downward pressure, speaking to the value our solutions provide. In addition, we are continuing to focus on increased operating efficiencies throughout our organization.”