Boxlight Q2 2026 revenue down 16% to $25.9M but swings to $0.5M net income

Boxlight Corp

Revenue of $25.9M, down 16% YoY from $30.9M; gross margin improved to 49.8% from 35.0%.
Net income of $0.5M vs net loss of $4.7M prior year; EPS $0.34 vs $(55.00) loss; Adjusted EBITDA $4.1M.
Received $2.9M in approved IEEPA tariff refunds plus interest benefiting Q2 2026 results.
Completed equity raise in Aug 2026; repaid $2.25M WhiteHawk debt; regained Nasdaq stockholders' equity compliance.
Revenue decline driven by lower audio unit sales as buyers transition to new Symphonic product line.

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