BOX · Box Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $305.94M | $301.11M | $294.00M | $276.27M | $275.91M | $270.04M | $264.66M | $238.43M | $249.95M | $246.01M |
| Cost of Revenue | $62.73M | $61.58M | $61.52M | $60.67M | $55.56M | $55.51M | $58.25M | $62.21M | $64.49M | $64.84M |
| Gross Profit | $243.21M | $239.53M | $232.48M | $215.60M | $220.36M | $214.53M | $206.41M | $176.22M | $185.46M | $181.17M |
| R&D | $75.91M | $73.95M | $71.72M | $72.30M | $67.86M | $65.44M | $62.67M | $61.73M | $59.11M | $61.97M |
| SG&A | $37.98M | $37.46M | $37.98M | $37.86M | $33.67M | $33.57M | $33.05M | $30.80M | $31.42M | $32.63M |
| Total Operating Expenses | $215.76M | $214.47M | $211.90M | $209.26M | $196.95M | $194.25M | $188.40M | $175.60M | $172.09M | $178.03M |
| D&A | $9.26M | - | - | $6.90M | $11.00M | $8.00M | $4.69M | $18.54M | $17.09M | $17.78M |
| Operating Income | $27.44M | $25.06M | $20.58M | $6.34M | $23.41M | $20.28M | $18.01M | $624.0K | $13.37M | $3.14M |
| Interest Expense | $2.40M | $1.61M | $796.0K | $805.0K | - | - | - | - | - | - |
| Income Tax | $9.78M | $15.34M | $10.30M | $4.95M | $4.40M | $4.48M | $4.64M | $1.17M | $2.03M | $1.44M |
| Net Income | $17.73M | $12.06M | $13.45M | $8.19M | $12.89M | $20.50M | $17.22M | ($4.70M) | $9.91M | $1.04M |
| EPS - Basic | $0.09 | $0.05 | $0.06 | $0.02 | $0.05 | $0.10 | $0.08 | ($0.09) | $0.03 | ($0.02) |
| EPS - Diluted | $0.08 | $0.05 | $0.05 | $0.02 | $0.05 | $0.10 | $0.08 | ($0.06) | $0.03 | ($0.08) |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $378.84M | $633.16M | $657.83M | $689.63M | $608.76M | $406.62M | $449.51M | $428.46M | $358.06M | $348.78M |
| Accounts Receivable | $192.34M | $204.93M | $189.56M | $178.08M | $188.50M | $177.49M | $143.05M | $264.51M | $176.59M | $166.55M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $765.56M | $1.02B | $1.04B | $1.06B | $962.59M | $733.66M | $788.67M | $806.76M | $656.53M | $638.88M |
| Total Assets | $1.42B | $1.61B | $1.62B | $1.64B | $1.35B | $1.12B | $1.18B | $1.21B | $1.06B | $1.07B |
| Current Liabilities | $717.03M | $852.97M | $853.16M | $876.84M | $587.10M | $586.91M | $591.44M | $715.83M | $597.40M | $621.60M |
| Long-term Debt | $451.61M | $450.42M | $449.82M | $449.23M | $651.67M | $371.82M | $371.32M | $369.35M | $368.88M | $368.41M |
| Total Liabilities | $1.26B | $1.40B | $1.40B | $1.43B | $1.34B | $1.07B | $1.08B | $1.24B | $1.13B | $1.16B |
| Stockholders' Equity | ($338.36M) | ($286.65M) | ($269.36M) | ($280.13M) | ($479.88M) | ($439.40M) | ($397.87M) | ($523.85M) | ($567.59M) | ($579.50M) |
| Retained Earnings | ($829.03M) | ($928.44M) | ($940.50M) | ($953.95M) | ($1.16B) | ($1.17B) | ($1.19B) | ($1.34B) | ($1.36B) | ($1.37B) |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $140.19M | - | - | $127.06M | - | - | $131.20M | $107.73M | $69.73M | $28.34M |
| Investing Cash Flow | ($6.15M) | - | - | ($10.39M) | - | - | ($23.17M) | $38.41M | ($3.85M) | $80.82M |
| Financing Cash Flow | ($125.83M) | - | - | ($61.78M) | - | - | ($35.70M) | ($162.19M) | ($49.34M) | ($148.65M) |
| CapEx | $1.27M | - | - | $349.0K | - | - | $1.28M | - | - | - |
| Free Cash Flow | $138.92M | - | - | $126.71M | - | - | $129.93M | - | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 79.5% | 79.6% | 79.1% | 78.0% | 79.9% | 79.4% | 78.0% | 73.9% | 74.2% | 73.6% |
| Operating margin | 9.0% | 8.3% | 7.0% | 2.3% | 8.5% | 7.5% | 6.8% | 0.3% | 5.3% | 1.3% |
| EBITDA margin | 12.0% | - | - | 4.8% | 12.5% | 10.5% | 8.6% | 8.0% | 12.2% | 8.5% |
| Net margin | 5.8% | 4.0% | 4.6% | 3.0% | 4.7% | 7.6% | 6.5% | -2.0% | 4.0% | 0.4% |
| Free cash flow margin | 45.4% | - | - | 45.9% | - | - | 49.1% | - | - | - |
| FCF / Net income | 7.84 | - | - | 15.46 | - | - | 7.54 | - | - | - |
| R&D / Revenue | 24.8% | 24.6% | 24.4% | 26.2% | 24.6% | 24.2% | 23.7% | 25.9% | 23.6% | 25.2% |
| SG&A / Revenue | 12.4% | 12.4% | 12.9% | 13.7% | 12.2% | 12.4% | 12.5% | 12.9% | 12.6% | 13.3% |
| Effective tax rate | 35.6% | 56.0% | 43.4% | 37.7% | 25.4% | 17.9% | 21.2% | - | 17.0% | 58.0% |
| Return on assets | 1.2% | 0.7% | 0.8% | 0.5% | 1.0% | 1.8% | 1.5% | -0.4% | 0.9% | 0.1% |
| Return on equity | -5.2% | -4.2% | -5.0% | -2.9% | -2.7% | -4.7% | -4.3% | 0.9% | -1.7% | -0.2% |
| Return on invested capital | 15.6% | 7.7% | 6.5% | 2.3% | 10.2% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.07 | 1.20 | 1.22 | 1.20 | 1.64 | 1.25 | 1.33 | 1.13 | 1.10 | 1.03 |
| Quick ratio | 1.07 | 1.20 | 1.22 | 1.20 | 1.64 | 1.25 | 1.33 | 1.13 | 1.10 | 1.03 |
| Cash ratio | 0.53 | 0.74 | 0.77 | 0.79 | 1.04 | 0.69 | 0.76 | 0.60 | 0.60 | 0.56 |
| Leverage | ||||||||||
| Debt / Equity | -1.33 | -1.57 | -1.67 | -1.60 | -1.36 | -0.85 | -0.93 | -0.71 | -0.65 | -0.64 |
| Debt / Assets | 0.32 | 0.28 | 0.28 | 0.27 | 0.48 | 0.33 | 0.32 | 0.31 | 0.35 | 0.35 |
| Debt / EBITDA | 12.30 | - | - | 33.95 | 18.94 | 13.15 | 16.36 | 19.28 | 12.11 | 17.61 |
| Interest coverage | 11.4x | 15.6x | 25.9x | 7.9x | - | - | - | - | - | - |
| Equity multiplier | -4.20 | -5.61 | -6.03 | -5.86 | -2.82 | -2.55 | -2.96 | -2.30 | -1.86 | -1.84 |
| Liabilities / Assets | 0.89 | 0.87 | 0.86 | 0.87 | 0.99 | 0.95 | 0.92 | 1.03 | 1.07 | 1.08 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | 0.19 | 0.18 | 0.17 | 0.20 | 0.24 | 0.23 | 0.20 | 0.24 | 0.23 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 229d | 248d | 235d | 235d | 249d | 240d | 197d | 405d | 258d | 247d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 302.5x | 641.8x | 642.0x | 1561.0x | 635.2x | 281.2x | 325.3x | - | 968.3x | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 11.1x | 15.9x | 16.5x | 16.9x | 17.2x | 15.3x | 14.6x | 19.4x | 17.2x | 18.6x |
| EV / EBITDA | 94.4x | - | - | 334.8x | 138.8x | 144.5x | 167.1x | 238.6x | 141.6x | 220.0x |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.7% | 9.1% | 8.9% | 4.4% | 10.4% | 9.8% | 11.0% | 17.8% | 11.6% | 14.7% |
| Revenue CAGR (3y) | 8.7% | 10.4% | 11.1% | 10.9% | 12.1% | 12.0% | 13.0% | 13.5% | 12.2% | 12.6% |
| Revenue CAGR (5y) | 10.8% | 11.2% | 11.2% | 11.1% | 12.1% | 12.7% | 13.5% | 15.3% | 14.1% | 14.9% |
| Gross profit growth (YoY) | 12.8% | 8.7% | 8.4% | 4.5% | 18.8% | 18.4% | 17.1% | 24.5% | 15.2% | 17.9% |
| Operating income growth (YoY) | 333.0% | 7.1% | 1.5% | -64.8% | 75.2% | 545.9% | 2785.7% | - | - | - |
| Net income growth (YoY) | 116.3% | -6.4% | -34.4% | -52.4% | 30.1% | 1861.3% | - | 67.8% | - | - |
| EPS growth (YoY) | 300.0% | 0.0% | -50.0% | -75.0% | 66.7% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 9.6% | - | - | -2.5% | - | - | - | - | - | - |
| FCF CAGR (5y) | 18.1% | - | - | 39.6% | - | - | 95.9% | - | - | - |
| Book value growth (YoY) | -20.8% | 40.3% | 38.7% | 29.6% | 15.5% | 24.2% | 24.0% | -32.6% | -107.8% | -278.8% |
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing BOX INC against the 5 most active filers in the same SIC group.