Boxlight Q2 revenue falls on lower audio unit sales

Boxlight

12/08/2026 22:55

Overview
US interactive tech provider's Q2 revenue fell 16% yr/yr on lower audio unit sales
Company returned to net profit in Q2, reversing prior year loss
Gross margin rose to 49.8%, helped by $2.8 mln in tariff refunds

Outlook
Company expects global unit demand in 2026 to remain consistent with 2025 levels
Boxlight anticipates a recovery in spending as deferred demand returns
Company sees technology refresh cycles and digital learning trends supporting long-term demand

Result Drivers
AUDIO UNIT SALES - Revenue fell due to lower sales of audio units as co transitions buyers to new Symphonic line
TARIFF REFUNDS - Gross margin benefited from $2.8 mln in tariff refunds that reduced cost of revenues
COST REDUCTIONS - General and administrative expenses declined due to lower other expenses, professional fees, employee costs, and consulting expenses

Company press release: ID:nBw3cz0wla

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$25.92 mln
$30.85 mln (1 Analyst)
Q2 Net Income
Beat
$509,000
-$3.62 mln (1 Analyst)
Q2 Income From Operations
Beat
$1.04 mln
-$1.84 mln (1 Analyst)
Q2 Gross Profit
 
$12.91 mln
 
Q2 Operating Expenses
 
$11.88 mln
 
Q2 Pretax Profit
 
$246,000
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the electronic equipment & parts peer group is "buy."

Reuters Recommended Reads
Aug 12 - Crown Crafts Q1 returns to profit on tariff refunds
Aug 10 - Canada's DATA Communications Q2 revenue falls on lower prior-year sales activity
Aug 11 - Altigen Q3 revenue falls 14% year over year

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)