D-BOX Technologies (DBO) Q4 2026 earnings summary

Executive summary

• Achieved record profitability in FY2026 with total revenues of $57.6 million, up 35% year-over-year, and adjusted EBITDA of $15.5 million, more than doubling from the prior year.

• Net profit after tax was $17.4 million for FY2026, including a $6.4 million deferred tax asset recovery.

• Installed base reached 1,201 active screens across 40+ countries, with 189 net new screens added, representing an 18.7% year-over-year increase.

• Maintained technology leadership in haptic motion, supporting premium cinema and simulation experiences.

• Strong growth in recurring royalties, which rose 32% year-over-year to $14.5 million, outpacing the North American box office.

Financial highlights

• FY2026 annual revenue was $57.6 million, up 31.8% year-over-year, with Q4 revenues at $14.7 million, up 70% year-over-year.

• Adjusted EBITDA reached $15.5 million for FY2026 (27% margin); Q4 Adjusted EBITDA was $3.2 million (22% margin).

• Net profit before taxes for FY2026 was $11.4 million; net profit after tax was $17.4 million, including $6.4 million deferred tax asset recovery.

• Gross margin improved to 53% for the full year, up from 48% in Q4.

• Cash and equivalents stood at $17.6 million as of March 31, 2026, with total debt at $0.3 million.

Outlook and guidance

• Positioned for continued profitable growth, leveraging a scalable, asset-light model and disciplined capital allocation.

• Management expects system sales to normalize toward historical seasonality, influenced by box office slate strength and exhibitor capital expenditures.

• Strategic investments planned to accelerate global screen expansion and recurring revenue streams.