Boxlight revenue falls 19% to $29.3 million with $6.2 million net loss in Q3 2025
Boxlight Corporation reported third quarter 2025 revenue of $29.3 million, a decrease of 19.2% compared to the prior year quarter and a 4.9% decrease from the previous quarter. Gross profit margin declined to 29.1% from 33.8% in the same period last year. The company recorded a net loss of $6.2 million, compared to a net loss of $3.1 million in the prior year quarter. Adjusted EBITDA was $(0.4) million, down by $2.6 million year over year. Boxlight ended the quarter with $11.8 million in cash and $1.5 million in working capital, and had $36.7 million in debt, net of debt issuance costs. During the quarter, the company launched CL Totem digital signage in North America, raised $3.6 million from a stock offering, $1.9 million from warrant exercises, and regained compliance with Nasdaq listing requirements. The company was not in compliance with certain financial covenants under its Credit Agreement at the quarter's end.
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