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Boxlight Corp (BOXL) Stock Fundamental Analysis & AI Rating 2026

BOXL Nasdaq Services-Educational Services NV CIK: 0001624512
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
91% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
90% Conf

📊 BOXL Key Takeaways

Revenue: $82.6M
Net Margin: -17.1%
Free Cash Flow: $-2.0M
Current Ratio: 1.02x
Debt/Equity: N/A
EPS: $-4.87
AI Rating: STRONG SELL with 92% confidence
Boxlight Corp (BOXL) receives a STRONG SELL rating with 91% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $82.6M, net profit margin of -17.1%, Boxlight Corp demonstrates mixed fundamentals in the Services sector. Below is our complete BOXL stock analysis for 2026.

Is Boxlight Corp (BOXL) a Good Investment?

Claude

Boxlight Corp exhibits severe financial distress with negative stockholders' equity of -$19.5M, indicating the company is technically insolvent. Revenue declined 23.1% YoY while operating and net losses widened, with negative operating cash flow of -$1.8M demonstrating the business cannot sustain itself operationally. The combination of deteriorating profitability, negative equity, weak liquidity (current ratio of 1.02x), and substantial long-term debt ($36.7M) creates an unsustainable financial position.

ChatGPT

Boxlight's fundamentals are weak: revenue is contracting sharply, margins remain deeply negative, and the balance sheet is strained by negative equity, meaningful debt, and thin liquidity. While free cash flow burn is relatively modest versus revenue and net loss improved slightly year over year, the overall quality of the business remains poor because losses persist alongside declining sales and weak interest coverage.

Why Buy Boxlight Corp Stock? BOXL Key Strengths

Claude
  • + Maintains positive gross margin of 33.1%, indicating underlying product/service pricing power exists
  • + Holds $11.8M in cash providing short-term operational runway
  • + Operating in educational services sector with structural market demand
ChatGPT
  • + Gross margin of 33.1% shows the company still retains some underlying product profitability before operating costs
  • + Cash burn is limited relative to revenue, with free cash flow at -2.4% of sales
  • + Net loss and diluted EPS improved year over year despite a difficult operating backdrop

BOXL Stock Risks: Boxlight Corp Investment Risks

Claude
  • ! Negative stockholders' equity of -$19.5M indicates technical insolvency and equity wipeout risk for shareholders
  • ! Revenue contraction of 23.1% YoY with worsening losses signals fundamental business deterioration
  • ! Negative operating cash flow of -$1.8M and free cash flow of -$2.0M indicate business cannot fund operations or debt service
  • ! Current ratio of 1.02x and quick ratio of 0.64x show inadequate liquidity to meet obligations
  • ! Long-term debt of $36.7M against negative equity creates severe leverage crisis
  • ! Negative interest coverage of -4.1x means company cannot service debt from operations
ChatGPT
  • ! Revenue declined 23.1% year over year, indicating significant demand weakness or market share pressure
  • ! Negative operating margin, negative net margin, and negative interest coverage point to an unsustainable earnings profile
  • ! Negative stockholders equity, a 1.02x current ratio, and 0.64x quick ratio signal elevated balance sheet and liquidity risk

Key Metrics to Watch

Claude
  • * Revenue stabilization and return to growth trajectory
  • * Path to positive operating cash flow and operating income
  • * Stockholders' equity recovery above zero
  • * Debt reduction and refinancing terms
  • * Quarterly revenue trends and gross margin sustainability
ChatGPT
  • * Revenue trend and operating margin improvement
  • * Liquidity position including cash balance, current ratio, and debt servicing capacity

Boxlight Corp (BOXL) Financial Metrics & Key Ratios

Revenue
$82.6M
Net Income
$-14.1M
EPS (Diluted)
$-4.87
Free Cash Flow
$-2.0M
Total Assets
$99.6M
Cash Position
$11.8M

💡 AI Analyst Insight

Boxlight Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BOXL Profit Margin, ROE & Profitability Analysis

Gross Margin 33.1%
Operating Margin -13.0%
Net Margin -17.1%
ROE N/A
ROA -14.2%
FCF Margin -2.4%

BOXL vs Services Sector: How Boxlight Corp Compares

How Boxlight Corp compares to Services sector averages

Net Margin
BOXL -17.1%
vs
Sector Avg 10.0%
BOXL Sector
ROE
BOXL 0.0%
vs
Sector Avg 16.0%
BOXL Sector
Current Ratio
BOXL 1.0x
vs
Sector Avg 1.5x
BOXL Sector
Debt/Equity
BOXL 0.0x
vs
Sector Avg 0.7x
BOXL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Boxlight Corp Stock Overvalued? BOXL Valuation Analysis 2026

Based on fundamental analysis, Boxlight Corp has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
N/A
Sector avg: 16%
Net Profit Margin
-17.1%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Boxlight Corp Balance Sheet: BOXL Debt, Cash & Liquidity

Current Ratio
1.02x
Quick Ratio
0.64x
Debt/Equity
N/A
Debt/Assets
90.9%
Interest Coverage
-4.13x
Long-term Debt
$36.7M

BOXL Revenue & Earnings Growth: 5-Year Financial Trend

BOXL 5-year financial data: Year 2021: Revenue $185.2M, Net Income -$16.2M, EPS $-0.39. Year 2022: Revenue $221.8M, Net Income -$13.8M, EPS $-0.23. Year 2023: Revenue $221.8M, Net Income -$3.7M, EPS $-0.58. Year 2024: Revenue $176.7M, Net Income -$39.2M, EPS $-21.38. Year 2025: Revenue $135.9M, Net Income -$28.3M, EPS $-90.69.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Boxlight Corp's revenue has declined by 27% over the 5-year period, indicating business contraction. The most recent EPS of $-90.69 indicates the company is currently unprofitable.

BOXL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2.4%
Free cash flow / Revenue

BOXL Quarterly Earnings & Performance

Quarterly financial performance data for Boxlight Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $29.3M -$3.1M $-1.72
Q2 2025 $30.9M -$1.5M $-0.92
Q3 2024 $36.3M -$3.1M $-0.34
Q2 2024 $38.5M -$811.0K $-0.12
Q1 2024 $37.1M -$2.9M $-0.35
Q3 2023 $49.7M -$1.7M $0.28
Q2 2023 $47.1M $26.0K $-0.04
Q1 2023 $41.2M -$2.9M $-0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Boxlight Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.8M
Cash generated from operations
Capital Expenditures
$158.0K
Investment in assets
Dividends
None
No dividend program

BOXL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Boxlight Corp (CIK: 0001624512)

📋 Recent SEC Filings

Date Form Document Action
Apr 15, 2026 10-K boxl-20251231.htm View →
Apr 13, 2026 8-K boxl-20260413.htm View →
Apr 7, 2026 8-K boxl-20260401.htm View →
Feb 23, 2026 8-K boxl-20260217.htm View →
Jan 16, 2026 8-K boxl-20260116.htm View →

Frequently Asked Questions about BOXL

What is the AI rating for BOXL?

Boxlight Corp (BOXL) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 91% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BOXL's key strengths?

Claude: Maintains positive gross margin of 33.1%, indicating underlying product/service pricing power exists. Holds $11.8M in cash providing short-term operational runway. ChatGPT: Gross margin of 33.1% shows the company still retains some underlying product profitability before operating costs. Cash burn is limited relative to revenue, with free cash flow at -2.4% of sales.

What are the risks of investing in BOXL?

Claude: Negative stockholders' equity of -$19.5M indicates technical insolvency and equity wipeout risk for shareholders. Revenue contraction of 23.1% YoY with worsening losses signals fundamental business deterioration. ChatGPT: Revenue declined 23.1% year over year, indicating significant demand weakness or market share pressure. Negative operating margin, negative net margin, and negative interest coverage point to an unsustainable earnings profile.

What is BOXL's revenue and growth?

Boxlight Corp reported revenue of $82.6M.

Does BOXL pay dividends?

Boxlight Corp does not currently pay dividends.

Where can I find BOXL SEC filings?

Official SEC filings for Boxlight Corp (CIK: 0001624512) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BOXL's EPS?

Boxlight Corp has a diluted EPS of $-4.87.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BOXL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Boxlight Corp has a STRONG SELL rating with 91% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BOXL stock overvalued or undervalued?

Valuation metrics for BOXL: ROE of N/A (sector avg: 16%), net margin of -17.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy BOXL stock in 2026?

Our dual AI analysis gives Boxlight Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BOXL's free cash flow?

Boxlight Corp's operating cash flow is $-1.8M, with capital expenditures of $158.0K. FCF margin is -2.4%.

How does BOXL compare to other Services stocks?

Vs Services sector averages: Net margin -17.1% (avg: 10%), ROE N/A (avg: 16%), current ratio 1.02 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-09-30 | Powered by Claude AI