D-BOX Reports Second Quarter Fiscal 2027 Results; Record Royalties Lift Gross Margin to 64%
Globe Newswire•10/11/2026•17:01 ET
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Key Highlights
- ➤Q2 revenue $12.1 million, down 25% year over year
- ➤Royalties reached record $5.1 million, up 14% year over year
- ➤Gross margin improved to 64% from 55%
- ➤Adjusted EBITDA $4.4 million, down 22%, at 36% margin
- ➤Net profit fell 42% to $2.6 million as system sales declined
Expert Statements
Naveen Prasad, CEO of D-BOX Technologies Inc.
“Royalties reached a new quarterly record and accounted for 42% of total revenues, which supported a significant improvement in our gross margin”
Naveen Prasad, CEO of D-BOX Technologies Inc.
“System sales were lower than in an exceptionally strong second quarter last year, reflecting the more traditional slowdown in exhibitor capital spending during the summer release period.”
Naveen Prasad, CEO of D-BOX Technologies Inc.
“We continued to grow our installed base, which reached 1,249 active screens, and we remain focused on disciplined cost management and capital allocation.”
Naveen Prasad, CEO of D-BOX Technologies Inc.
“We also signed partnerships with two new exhibitors this quarter, building upon the one announced at the end of last quarter.”
Naveen Prasad, CEO of D-BOX Technologies Inc.
“While these relationships will take time to scale, we are confident they will contribute meaningfully to our long-term goal of growing our global screen count.”
Naveen Prasad, CEO of D-BOX Technologies Inc.
“As we pursue these growth opportunities, we remain equally focused on operational discipline and cash generation, with cash flows from operations reaching $5.1 million in the quarter.”
Royalties reach a record $5.1 million delivering $4.4 million in Adjusted EBITDA(1) at a margin of 36%
Second Quarter Fiscal 2027 HighlightsSix Month Fiscal 2027 Highlights
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