D-BOX Technologies (DBO) Q1 2026 earnings summary

Executive summary

• Achieved record royalty revenues of $4.0 million and net profit of $2.0 million in Q1 fiscal 2026, despite a $0.9 million restructuring charge.

• Total revenues reached $13.0 million, up 49% year-over-year, driven by strong theatrical system sales and royalty growth.

• Adjusted EBITDA hit a record $3.3 million, with a 26% margin, reflecting operational efficiency and cost control.

Financial highlights

• Royalty revenues increased 64% year-over-year, accounting for 31% of total revenue.

• Gross profit rose 61% to $7.3 million, with gross margin improving to 56% from 52% year-over-year.

• Net profit was $2.0 million, reversing a net loss of $0.4 million in Q1 2025.

• Operating cash flow was $2.8 million, with total debt at $1.4 million and available liquidity of $18.5 million.

Outlook and guidance

• Management emphasizes the importance of trailing twelve-month performance due to quarterly sales variability and seasonality.

• Forward-looking statements highlight risks to sustained net profit and ongoing impact of cost control measures.