What is BOX's operating income?

BOX's total operating income in 2026 was $83.19 million, based on the following breakdown: Total Gross Profit: $932.61 million Total Operating Expenses: $849.42 million

BOX (BOX) Financials

$35.22 -0.74 (-2.06%)

As of 03:58 PM Eastern

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Annual Income Statements for BOX

This table shows BOX's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2016	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2026	1/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-203	-152	-155	-135	-144	-43	-54	8.57	99	87	87
Consolidated Net Income / (Loss)	-203	-152	-155	-135	-144	-43	-41	27	129	115	115
Net Income / (Loss) Continuing Operations	-203	-152	-155	-135	-144	-43	-41	27	129	115	115
Total Pre-Tax Income	-202	-151	-154	-133	-143	-42	-37	34	63	99	99
Total Operating Income	-201	-151	-154	-134	-139	-38	-28	37	51	83	83
Total Gross Profit	216	286	371	435	481	546	625	738	777	933	933
Total Revenue	303	399	506	608	696	771	874	991	1,038	1,177	1,177
Operating Revenue	303	399	506	608	696	771	874	991	1,038	1,177	1,177
Total Cost of Revenue	87	112	135	174	216	225	249	253	261	245	245
Operating Cost of Revenue	87	112	135	174	216	225	249	253	261	245	245
Total Operating Expenses	417	437	525	569	620	584	652	701	726	849	849
Selling, General & Admin Expense	72	68	85	93	103	107	135	127	129	151	151
Marketing Expense	242	253	303	312	318	276	299	331	349	404	404
Research & Development Expense	103	116	137	164	200	201	219	244	249	295	295
Total Other Income / (Expense), net	-1.26	-0.22	-0.22	1.02	-3.47	-4.58	-9.84	-2.43	12	16	16
Interest Expense	-	-	-	-	-	-	-	4.87	3.84	11	11
Interest & Investment Income	-1.16	-0.90	-1.01	-0.32	-	-	-	5.90	19	25	25
Other Income / (Expense), net	-0.10	0.68	0.79	1.34	-3.47	-4.58	-9.84	-3.47	-3.04	1.50	1.50
Income Tax Expense	0.69	0.91	0.72	1.40	1.41	1.21	4.00	7.62	-66	-17	-17
Preferred Stock Dividends Declared	-	-	-	-	0.00	0.00	12	17	17	17	17
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	0.00	0.00	1.11	13	11	11
Basic Earnings per Share	($1.67)	($1.19)	($1.16)	($0.95)	($0.98)	($0.28)	($0.35)	$0.06	$0.69	$0.60	$0.60
Weighted Average Basic Shares Outstanding	121.24M	127.47M	133.93M	141.35M	147.76M	155.85M	155.60M	143.59M	144.20M	144.20M	144.20M
Diluted Earnings per Share	($1.67)	($1.19)	($1.16)	($0.95)	($0.98)	($0.28)	($0.35)	$0.06	$0.67	$0.58	$0.58
Weighted Average Diluted Shares Outstanding	121.24M	127.47M	133.93M	141.35M	147.76M	155.85M	155.60M	150.19M	148.59M	149.16M	149.16M
Weighted Average Basic & Diluted Shares Outstanding	121.24M	127.47M	133.93M	141.35M	147.76M	155.85M	155.60M	144.30M	144.35M	138.45M	138.45M

This table shows BOX's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2025	10/31/2025	1/31/2025	4/30/2026	7/31/2026
Net Income / (Loss) Attributable to Common Shareholders	16	3.66	5.74	5.65	74	12	8.10	6.90	168	12	13
Consolidated Net Income / (Loss)	21	8.35	11	11	87	17	13	12	194	18	19
Net Income / (Loss) Continuing Operations	21	8.35	11	11	87	17	13	12	194	18	19
Total Pre-Tax Income	24	11	13	13	9.66	22	24	27	21	28	32
Total Operating Income	20	8.34	9.88	11	-1.27	18	21	25	18	27	33
Total Gross Profit	195	190	194	192	152	206	232	240	221	243	254
Total Revenue	256	252	261	262	240	265	294	301	280	306	321
Operating Revenue	256	252	261	262	240	265	294	301	280	306	321
Total Cost of Revenue	61	62	67	69	88	58	62	62	59	63	67
Operating Cost of Revenue	61	62	67	69	88	58	62	62	59	63	67
Total Operating Expenses	176	182	185	181	153	188	212	214	203	216	221
Selling, General & Admin Expense	32	33	33	32	29	33	38	37	37	38	36
Marketing Expense	83	86	89	88	72	93	102	103	97	102	107
Research & Development Expense	61	63	63	61	53	63	72	74	69	76	78
Total Other Income / (Expense), net	3.80	2.32	3.29	1.80	11	3.86	3.16	2.34	3.09	0.07	-0.78
Interest Expense	-	-	-	-	-	0.81	2.68	2.68	-	2.40	2.40
Interest & Investment Income	-	-	-	-	-	5.69	6.72	6.22	-	2.99	2.81
Other Income / (Expense), net	2.77	2.32	3.29	1.80	-3.94	-1.03	-0.87	-1.20	-9.66	-0.52	-1.19
Income Tax Expense	2.98	2.30	2.38	2.52	-78	4.64	10	15	-173	9.78	13
Preferred Stock Dividends Declared	4.31	4.22	4.31	4.28	4.29	4.24	4.31	4.29	4.31	4.23	4.31
Net Income / (Loss) Attributable to Noncontrolling Interest	0.46	0.47	0.74	0.73	9.48	1.47	1.04	0.89	22	1.59	1.77
Basic Earnings per Share	$0.11	$0.03	$0.04	$0.04	$0.51	$0.08	$0.06	$0.05	$1.17	$0.09	$0.10
Weighted Average Basic Shares Outstanding	143.59M	144.74M	144.25M	143.92M	144.20M	145.30M	144.90M	144.38M	144.23M	139.15M	137.38M
Diluted Earnings per Share	$0.11	$0.02	$0.04	$0.04	$0.50	$0.08	$0.05	$0.05	$1.13	$0.08	$0.09
Weighted Average Diluted Shares Outstanding	150.19M	150.44M	150.01M	147.63M	148.59M	148.76M	151.10M	149.45M	148.64M	140.14M	139.72M
Weighted Average Basic & Diluted Shares Outstanding	144.30M	144.83M	144.05M	143.59M	144.35M	145.59M	144.89M	143.23M	143.79M	138.45M	137.20M

This table details how cash moves in and out of BOX's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2016	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
Net Change in Cash & Equivalents	-145	-9.52	4.25	9.33	-22	400	-179	12	-45	247	-256
Net Cash From Operating Activities	-66	-2.39	35	55	45	197	235	298	319	332	356
Net Cash From Continuing Operating Activities	-66	-2.39	35	55	45	197	235	298	319	332	356
Net Income / (Loss) Continuing Operations	-203	-152	-155	-135	-144	-43	-41	27	129	245	115
Consolidated Net Income / (Loss)	-203	-152	-155	-135	-144	-43	-41	27	129	245	115
Depreciation Expense	40	40	40	46	59	75	78	66	51	22	33
Amortization Expense	16	18	21	17	26	36	46	54	54	53	53
Non-Cash Adjustments To Reconcile Net Income	61	78	71	80	137	148	164	173	192	170	193
Changes in Operating Assets and Liabilities, net	20	12	58	46	-34	-19	-12	-21	-108	-157	-38
Net Cash From Investing Activities	-81	-7.57	-12	-16	-13	-16	-239	121	-83	-23	-43
Net Cash From Continuing Investing Activities	-81	-7.57	-12	-16	-13	-16	-239	121	-83	-23	-43
Purchase of Property, Plant & Equipment	-73	-15	-12	-15	-5.44	-9.05	-4.70	-5.03	-4.70	-2.57	-6.07
Acquisitions	-0.27	0.00	0.00	-2.76	-7.96	-7.44	-65	-12	-17	-28	-35
Purchase of Investments	-113	-	-	-	0.00	0.00	-170	-102	-169	-121	-104
Sale of Property, Plant & Equipment	0.07	0.09	0.11	-	-	-	-	0.60	2.86	8.40	0.31
Sale and/or Maturity of Investments	105	7.30	-	-	-	0.00	0.00	240	108	123	103
Other Investing Activities, net	-	-	0.00	1.42	0.11	0.11	0.51	-0.82	-2.92	-3.53	0.00
Net Cash From Financing Activities	2.51	0.48	-20	-30	-53	219	-173	-396	-273	-62	-570
Net Cash From Continuing Financing Activities	2.51	0.48	-20	-30	-53	-148	-173	-396	-273	-62	-570
Repayment of Debt	-42	-8.68	-40	0.00	-0.94	-40	-4.35	-5.19	-4.20	-34	-3.02
Repurchase of Preferred Equity	-	-	-	-	-	-	-	0.00	-	-192	0.00
Repurchase of Common Equity	-	0.00	-	-	0.00	0.00	-562	-274	-177	-211	-290
Payment of Dividends	-	-	-	-	0.00	0.00	-9.62	-15	-15	-15	-15
Issuance of Debt	40	-0.11	40	0.00	-	-	-	0.00	0.00	448	0.00
Issuance of Common Equity	8.11	16	18	22	29	29	25	24	27	26	27
Other Financing Activities, net	-3.42	-6.47	-37	-51	-82	-137	-108	-127	-103	-85	-289

This table details how cash moves in and out of BOX's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	1/31/2023	4/30/2023	7/31/2024	10/31/2023	1/31/2024	4/30/2024	7/31/2025	10/31/2024	1/31/2025	4/30/2025	7/31/2026
Net Change in Cash & Equivalents	70	53	-43	-18	5.79	66	-33	202	16	65	-36
Net Cash From Operating Activities	92	125	36	72	89	131	42	63	102	127	71
Net Cash From Continuing Operating Activities	92	125	36	72	89	131	42	63	102	127	71
Net Income / (Loss) Continuing Operations	21	8.35	20	11	99	17	4.42	13	194	8.19	19
Consolidated Net Income / (Loss)	21	8.35	20	11	99	17	4.42	13	194	8.19	19
Depreciation Expense	13	13	5.30	15	12	4.69	9.94	5.93	6.19	6.90	9.93
Amortization Expense	14	14	13	13	13	13	13	13	13	13	14
Non-Cash Adjustments To Reconcile Net Income	37	51	50	51	40	53	44	54	41	47	52
Changes in Operating Assets and Liabilities, net	8.79	39	-53	-18	-75	43	-30	-23	-152	51	-24
Net Cash From Investing Activities	5.22	-8.78	39	-18	-40	-23	4.27	-21	-17	-10	-14
Net Cash From Continuing Investing Activities	5.22	-8.78	39	-18	-40	-23	4.27	-21	-17	-10	-14
Purchase of Property, Plant & Equipment	-2.50	-2.95	-0.40	-2.46	-0.24	-1.28	-1.14	-0.27	-0.63	-0.31	-0.12
Acquisitions	-5.05	-3.83	-6.11	-3.99	-4.20	-5.56	-11	-7.35	-8.60	-8.41	-11
Purchase of Investments	-15	-35	-8.97	-41	-63	-47	-4.95	-34	-31	-33	-24
Sale and/or Maturity of Investments	27	33	51	29	29	28	24	22	23	32	21
Net Cash From Financing Activities	-36	-61	-121	-67	-45	-36	-91	162	-67	-62	-91
Net Cash From Continuing Financing Activities	-36	-61	-121	-67	-45	-36	-91	162	-67	-62	-91
Repayment of Debt	-0.07	-1.21	-0.35	-0.42	-0.21	-3.82	3.08	-30	-1.75	-0.23	-1.15
Repurchase of Common Equity	-9.32	-42	-107	-51	-21	-32	-57	-30	-42	-50	-69
Payment of Dividends	-3.81	-3.69	-3.75	-3.75	-3.75	-3.75	-3.75	-3.75	-3.75	-3.75	-3.75
Other Financing Activities, net	-22	-30	-11	-23	-20	-12	-34	-42	-18	-25	-16
Effect of Exchange Rate Changes	9.15	-2.05	3.62	-4.87	1.89	-6.21	13	-0.88	-1.36	10	-2.29

This table presents BOX's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2016	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2026	1/31/2026
Total Assets	497	494	554	650	960	1,352	1,392	1,207	1,241	1,546	1,546
Total Current Assets	320	322	399	429	458	879	917	807	842	891	891
Cash & Equivalents	186	177	208	218	196	595	416	428	384	375	375
Short-Term Investments	7.38	-	-	-	-	0.00	170	33	97	103	103
Accounts Receivable	100	120	162	175	209	228	256	265	281	325	325
Other Current Assets	13	14	18	22	31	39	74	81	80	88	88
Plant, Property, & Equipment, net	120	117	124	138	191	160	106	70	0.00	24	0.00
Total Noncurrent Assets	57	54	30	84	311	312	370	330	399	631	655
Goodwill	14	16	16	19	19	19	74	74	77	82	82
Intangible Assets	3.90	0.54	0.02	-	-	-	-	-	-	94	94
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	-	0.00	76	284	284
Other Noncurrent Operating Assets	11	11	14	65	293	294	295	257	247	170	194
Total Liabilities & Shareholders' Equity	497	494	554	650	960	1,352	1,392	1,207	1,241	1,546	1,546
Total Liabilities	360	419	539	619	938	1,201	1,299	1,241	1,180	1,349	1,349
Total Current Liabilities	250	298	394	463	577	613	719	716	679	803	803
Accounts Payable	9.86	6.66	17	15	17	32	59	80	80	97	97
Current Deferred Revenue	168	229	294	354	407	444	519	544	563	648	648
Current Employee Benefit Liabilities	36	30	38	34	33	39	55	44	37	58	58
Total Noncurrent Liabilities	109	121	145	156	360	588	580	525	501	546	546
Long-Term Debt	40	40	40	40	40	298	367	369	371	451	451
Other Noncurrent Operating Liabilities	1.77	1.77	2.75	50	220	208	213	156	130	95	95
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	0.00	488	490	492	496	496
Total Equity & Noncontrolling Interests	138	75	15	31	22	151	-395	-524	-431	-299	-299
Total Preferred & Common Equity	138	75	15	31	22	151	-395	-524	-431	-299	-299
Total Common Equity	138	75	15	31	22	151	-395	-524	-431	-299	-299
Common Stock	872	960	1,055	1,166	1,302	1,474	972	819	785	548	548
Retained Earnings	-732	-884	-1,039	-1,134	-1,278	-1,322	-1,363	-1,336	-1,207	-847	-847
Accumulated Other Comprehensive Income / (Loss)	-0.08	-0.12	0.29	0.02	-0.31	-0.94	-4.54	-7.07	-9.69	-0.14	-0.14

This table presents BOX's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	4/30/2022	7/31/2022	10/31/2022	4/30/2023	7/31/2023	10/31/2023	4/30/2024	7/31/2025	10/31/2025	4/30/2026	7/31/2026
Total Assets	1,172	1,066	1,056	1,109	1,068	1,034	1,176	1,625	1,609	1,422	1,404
Total Current Assets	715	639	657	731	693	684	789	1,043	1,024	766	758
Cash & Equivalents	391	349	358	481	396	378	450	658	633	379	343
Short-Term Investments	128	45	45	36	49	62	117	100	96	98	101
Accounts Receivable	117	167	177	133	165	167	143	190	205	192	214
Other Current Assets	79	79	77	82	82	78	79	95	89	96	100
Plant, Property, & Equipment, net	92	79	68	64	54	44	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	364	349	332	314	321	305	387	582	585	656	646
Goodwill	73	72	71	75	75	73	76	81	81	82	81
Intangible Assets	-	-	-	-	-	-	-	-	92	99	103
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	72	240	230	275	268
Other Noncurrent Operating Assets	291	277	261	239	246	232	239	261	183	201	194
Total Liabilities & Shareholders' Equity	1,172	1,066	1,056	1,109	1,068	1,034	1,176	1,625	1,609	1,422	1,404
Total Liabilities	1,167	1,157	1,135	1,130	1,114	1,083	1,081	1,399	1,400	1,263	1,258
Total Current Liabilities	613	622	597	621	593	571	591	853	853	717	716
Accounts Payable	46	53	46	69	67	60	51	79	79	86	85
Current Deferred Revenue	458	449	442	487	456	451	493	534	534	599	590
Current Employee Benefit Liabilities	24	36	32	20	30	26	22	36	35	31	41
Total Noncurrent Liabilities	554	535	537	510	521	512	490	545	547	546	542
Long-Term Debt	368	368	369	370	370	370	371	450	450	452	452
Other Noncurrent Operating Liabilities	163	167	168	140	151	142	119	96	97	95	90
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	488	489	489	490	491	492	493	495	496	497	497
Total Equity & Noncontrolling Interests	-484	-580	-568	-512	-537	-540	-398	-269	-287	-338	-351
Total Preferred & Common Equity	-484	-580	-568	-512	-537	-540	-398	-269	-287	-338	-351
Total Common Equity	-484	-580	-568	-512	-537	-540	-398	-269	-287	-338	-351
Common Stock	892	798	803	822	787	776	803	675	642	493	464
Retained Earnings	-1,367	-1,366	-1,356	-1,327	-1,317	-1,306	-1,190	-941	-928	-829	-810
Accumulated Other Comprehensive Income / (Loss)	-8.77	-11	-14	-7.02	-7.53	-11	-12	-3.83	-0.47	-2.15	-5.63

This table displays calculated financial ratios and metrics derived from BOX's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2016	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	143,227,818.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	143,227,818.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.61
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-141	-105	-108	-94	-98	-26	-19	29	105	229	97
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-18.56%	-173.70%	64.33%	64.07%
Earnings before Interest and Taxes (EBIT)	-201	-150	-153	-133	-143	-42	-37	33	48	68	85
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-145	-92	-92	-69	-58	69	87	153	153	142	171
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-133	-83	-54	-100	-150	9.90	21	28	28	53	54
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-31	-54	-108	-102	-50	-86	-126	-126	-49	127	170
Increase / (Decrease) in Invested Capital	-7.35	-23	-54	5.88	52	-36	-40	0.26	77	176	43
Book Value per Share	$1.12	$0.58	$0.11	$0.22	$0.15	$0.95	($2.66)	($3.67)	($3.00)	($2.07)	($2.09)
Tangible Book Value per Share	$0.97	$0.45	($0.01)	$0.09	$0.02	$0.83	($3.17)	($4.18)	($3.54)	($2.60)	($3.32)
Total Capital	190	150	101	116	146	509	460	335	432	850	648
Total Debt	52	75	86	85	123	358	367	369	371	653	451
Total Long-Term Debt	47	62	67	85	123	358	367	369	371	449	451
Net Debt	-141	-102	-123	-133	-72	-237	-219	-92	-110	-70	-27
Capital Expenditures (CapEx)	73	15	12	15	5.44	9.05	4.70	4.43	1.84	-5.82	5.77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-119	-139	-184	-252	-315	-329	-389	-370	-318	-343	-389
Debt-free Net Working Capital (DFNWC)	74	38	24	-35	-120	266	198	91	163	380	89
Net Working Capital (NWC)	70	24	5.22	-35	-120	266	198	91	163	176	89
Net Nonoperating Expense (NNE)	62	46	47	41	47	17	22	1.89	-24	-16	-18
Net Nonoperating Obligations (NNO)	-169	-129	-123	-133	-72	-237	-219	-92	-110	-70	-27
Total Depreciation and Amortization (D&A)	56	58	62	64	85	112	124	120	105	75	86
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.67)	($1.19)	($1.16)	($0.95)	($0.98)	($0.28)	($0.35)	$0.06	$0.69	$1.40	$0.60
Adjusted Weighted Average Basic Shares Outstanding	124.00	130.72M	137.51M	144.33M	150.70M	159.86M	143.42M	143.59M	144.20M	144.23M	144.20M
Adjusted Diluted Earnings per Share	($1.67)	($1.19)	($1.16)	($0.95)	($0.98)	($0.28)	($0.35)	$0.06	$0.67	$1.36	$0.58
Adjusted Weighted Average Diluted Shares Outstanding	124.00	130.72M	137.51M	144.33M	150.70M	159.86M	143.42M	150.19M	148.59M	148.64M	149.16M
Adjusted Basic & Diluted Earnings per Share	($1.67)	($1.19)	($1.16)	($0.95)	($0.98)	($0.28)	($0.35)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	121.24M	127.47M	133.93M	141.35M	147.76M	155.85M	155.60M	144.30M	144.35M	143.79M	138.45M
Normalized Net Operating Profit after Tax (NOPAT)	-141	-105	-108	-94	-98	-26	-19	29	36	56	58
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from BOX's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	1/31/2023	4/30/2024	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	137,200,773.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	137,200,773.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.10
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.91%	11.00%	6.27%	4.64%	-6.47%	5.07%	3.29%	5.50%	6.33%	4.39%	9.23%
EBITDA Growth	62.49%	41.80%	-5.73%	-24.77%	-58.00%	-6.11%	13.78%	-12.33%	-24.00%	-16.19%	27.81%
EBIT Growth	1,400.17%	718.88%	429.05%	10.39%	-123.18%	59.40%	54.83%	31.20%	-22.76%	-46.16%	59.58%
NOPAT Growth	14,910.12%	3,147.08%	513.84%	-17.06%	-166.83%	117.10%	105.63%	89.73%	101.63%	-72.14%	68.97%
Net Income Growth	574.66%	466.50%	932.63%	7.55%	325.22%	106.25%	89.94%	20.99%	95.51%	-52.42%	42.96%
EPS Growth	283.33%	233.33%	300.00%	33.33%	354.55%	300.00%	150.00%	25.00%	98.25%	-75.00%	80.00%
Operating Cash Flow Growth	87.48%	21.79%	28.09%	-10.25%	-3.09%	5.02%	27.98%	-12.82%	14.37%	-3.16%	69.41%
Free Cash Flow Firm Growth	-57.47%	-107.89%	-273.33%	-325.46%	-621.70%	-230.86%	-1,735.40%	-539.85%	-299.94%	-218.56%	94.70%
Invested Capital Growth	0.21%	25.12%	51.04%	71.01%	61.17%	40.71%	200.69%	72.56%	360.07%	177.53%	26.14%
Revenue Q/Q Growth	2.61%	3.19%	-1.22%	0.04%	-8.28%	0.68%	2.03%	2.18%	1.31%	-1.16%	16.24%
EBITDA Q/Q Growth	14.70%	-19.75%	-20.72%	0.96%	-35.96%	-3.72%	24.61%	-17.02%	-23.31%	6.17%	71.91%
EBIT Q/Q Growth	88.29%	-7.00%	-39.78%	0.09%	-139.54%	58.52%	20.06%	-30.77%	-52.15%	10.49%	243.97%
NOPAT Q/Q Growth	55.15%	-17.58%	-42.94%	13.69%	-225.01%	-82.72%	17.32%	4.90%	848.21%	-97.61%	398.37%
Net Income Q/Q Growth	107.20%	-16.11%	-37.34%	-1.25%	719.19%	-82.65%	19.01%	-37.10%	1,404.77%	-95.78%	134.57%
EPS Q/Q Growth	266.67%	-27.27%	-50.00%	0.00%	1,150.00%	-85.96%	25.00%	-50.00%	2,160.00%	-98.23%	350.00%
Operating Cash Flow Q/Q Growth	32.21%	42.32%	-70.95%	72.41%	24.46%	46.86%	-68.13%	72.41%	63.26%	24.36%	-49.47%
Free Cash Flow Firm Q/Q Growth	-45.61%	-214.43%	-162.80%	-37.85%	-25.85%	-1,156.01%	-316.68%	-41.72%	84.89%	-1,582.51%	94.63%
Invested Capital Q/Q Growth	-12.38%	20.41%	43.40%	42.73%	-50.52%	-104.95%	222.25%	42.73%	491.45%	-38.90%	16.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	76.21%	77.99%	74.37%	73.53%	63.36%	77.99%	79.44%	79.86%	78.97%	78.04%	79.08%
EBITDA Margin	18.99%	15.08%	12.10%	12.21%	8.53%	13.24%	16.16%	13.07%	9.89%	10.63%	17.10%
Operating Margin	7.68%	6.80%	3.78%	4.35%	-0.53%	6.80%	7.51%	8.48%	6.42%	2.29%	10.16%
EBIT Margin	8.77%	8.26%	5.04%	5.04%	-2.17%	6.42%	7.55%	6.27%	2.96%	3.31%	9.79%
Profit (Net Income) Margin	8.00%	6.51%	4.13%	4.07%	36.39%	6.51%	7.59%	4.67%	69.41%	2.97%	5.99%
Tax Burden Percent	87.31%	78.77%	81.95%	80.85%	903.47%	78.77%	82.05%	74.56%	922.80%	62.34%	60.34%
Interest Burden Percent	104.59%	100.00%	100.00%	100.00%	-185.42%	128.76%	122.52%	100.00%	254.10%	143.78%	101.30%
Effective Tax Rate	12.69%	21.23%	18.05%	19.15%	-803.47%	21.23%	17.95%	25.44%	-822.80%	37.66%	39.66%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15,539.18%	0.00%	1,651.54%	0.00%	51.34%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15,534.88%	0.00%	1,619.90%	0.00%	52.33%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-15,462.37%	0.00%	-1,129.69%	0.00%	-13.42%
Return on Equity (ROE)	90.89%	98.30%	-369.88%	-214.10%	949.74%	377.35%	76.81%	-854.58%	521.86%	152.34%	37.92%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-99.51%	0.00%	41.66%	40.96%	162.27%
Operating Return on Assets (OROA)	6.68%	7.16%	4.80%	4.40%	-1.84%	5.90%	5.94%	5.63%	2.22%	2.59%	7.49%
Return on Assets (ROA)	6.10%	5.64%	3.93%	3.56%	30.85%	5.98%	5.97%	4.20%	52.03%	2.32%	4.58%
Return on Common Equity (ROCE)	-1,417.34%	-874.71%	-10,226.77%	-3,484.28%	-33,377.06%	-4,698.00%	-344.11%	-24,863.08%	-1,470.81%	-333.95%	-63.22%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-12.24%	-15.51%	-14.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	17	14	8.09	9.20	-12	14	17	17	166	3.95	20
NOPAT Margin	6.71%	5.36%	3.10%	3.52%	-4.79%	5.36%	6.16%	6.33%	59.21%	1.43%	6.13%
Net Nonoperating Expense Percent (NNEP)	2.14%	1.83%	3.98%	3.64%	97.93%	1.78%	4.30%	-7.89%	31.64%	2.56%	-0.98%
Return On Investment Capital (ROIC_SIMPLE)	-11.14%	-	-	-	19.09%	-53.42%	4.32%	10.16%	46.55%	1.06%	19.48%
Cost of Revenue to Revenue	23.79%	22.01%	25.63%	26.47%	36.64%	22.01%	20.56%	20.14%	21.03%	21.96%	20.92%
SG&A Expenses to Revenue	12.36%	12.49%	12.48%	12.23%	11.90%	12.49%	12.43%	12.20%	13.27%	13.70%	11.27%
R&D to Revenue	23.68%	23.68%	24.22%	23.33%	22.07%	23.68%	24.24%	24.60%	24.64%	26.17%	24.41%
Operating Expenses to Revenue	68.53%	71.19%	70.59%	69.18%	63.89%	71.19%	71.93%	71.38%	72.55%	75.74%	68.92%
Earnings before Interest and Taxes (EBIT)	22	22	13	13	-5.21	17	20	17	8.27	9.14	31
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	49	40	32	32	20	35	44	36	28	29	55
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	4.61	3.69	4.35	3.40	3.59	3.58	3.87	4.24	4.40	4.07	3.77
Price to Earnings (P/E)	533.66	129.52	97.12	75.76	37.63	35.10	35.41	38.69	23.80	23.19	21.10
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.19%	0.77%	1.03%	1.32%	2.66%	2.85%	2.82%	2.58%	4.20%	4.31%	4.74%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	36.66	0.00	41.12	62.46	31.57
Enterprise Value to Revenue (EV/Rev)	5.02	3.99	4.71	3.83	3.96	3.86	4.24	4.65	4.79	4.40	4.21
Enterprise Value to EBITDA (EV/EBITDA)	32.51	23.26	25.71	24.41	26.85	26.86	28.72	33.11	36.73	35.50	28.87
Enterprise Value to EBIT (EV/EBIT)	148.91	67.78	59.65	48.22	86.20	75.01	73.22	71.41	77.34	81.20	54.63
Enterprise Value to NOPAT (EV/NOPAT)	173.31	91.80	83.05	70.40	39.31	35.90	36.73	36.10	22.83	23.14	19.00
Enterprise Value to Operating Cash Flow (EV/OCF)	16.68	12.86	14.90	12.50	12.90	12.47	13.42	15.64	15.72	14.77	13.16
Enterprise Value to Free Cash Flow (EV/FCFF)	174.89	383.19	135,052.57	0.00	148.40	91.73	0.00	95.01	98.70	152.48	21.71
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-10.91	3.92	6.92	47.24	6.08	3.92	2.90	47.24	3.31	3.05	3.09
Long-Term Debt to Equity	-10.91	3.92	6.92	47.24	6.08	3.92	1.99	47.24	2.27	2.09	3.09
Financial Leverage	-5.27	-3.36	3.68	1.24	-7.43	-4.68	-1.00	3.30	-0.70	-1.07	-0.26
Leverage Ratio	44.10	23.69	-59.35	-37.45	90.10	31.26	14.96	-68.10	11.26	9.11	8.14
Compound Leverage Factor	46.13	23.69	-59.35	-37.45	-167.07	40.25	18.33	-68.10	28.61	13.10	8.24
Debt to Total Capital	110.09%	79.68%	87.37%	97.93%	85.87%	79.68%	74.33%	97.93%	76.79%	75.28%	75.56%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	23.23%	0.00%	23.99%	23.52%	0.00%
Long-Term Debt to Total Capital	110.09%	79.68%	87.37%	97.93%	85.87%	79.68%	51.10%	97.93%	52.79%	51.75%	75.56%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	146.05%	105.70%	115.88%	74.18%	113.95%	105.70%	56.27%	74.18%	58.16%	56.99%	83.11%
Common Equity to Total Capital	-156.15%	-85.37%	-103.25%	-72.11%	-99.82%	-85.37%	-30.60%	-72.11%	-34.94%	-32.27%	-58.67%
Debt to EBITDA	2.42	2.13	1.95	3.95	2.42	2.46	4.19	4.32	4.59	4.79	2.68
Net Debt to EBITDA	-0.60	-1.12	-0.58	-0.28	-0.72	-1.29	-0.66	-0.31	-0.49	-1.00	0.05
Long-Term Debt to EBITDA	2.42	2.13	1.95	3.95	2.42	2.46	2.88	4.32	3.16	3.29	2.68
Debt to NOPAT	12.88	8.41	6.29	11.39	3.54	3.29	5.36	4.71	2.85	3.12	1.76
Net Debt to NOPAT	-3.20	-4.41	-1.87	-0.81	-1.05	-1.73	-0.85	-0.33	-0.31	-0.65	0.03
Long-Term Debt to NOPAT	12.88	8.41	6.29	11.39	3.54	3.29	3.68	4.71	1.96	2.14	1.76
Altman Z-Score	1.63	1.80	2.21	1.55	1.52	1.81	1.78	2.01	1.95	1.89	2.21
Noncontrolling Interest Sharing Ratio	1,659.32%	989.87%	-2,664.85%	-1,527.40%	3,614.33%	1,344.98%	548.00%	-2,809.40%	381.84%	319.21%	266.71%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.13	1.33	1.25	1.64	1.24	1.33	1.22	1.64	1.19	1.20	1.06
Quick Ratio	1.01	1.20	1.12	1.51	1.12	1.20	1.11	1.51	1.10	1.10	0.92
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	17	-19	-51	-70	-88	-55	-227	-68	-10	-174	-12
Operating Cash Flow to CapEx	3,694.87%	0.00%	0.00%	0.00%	0.00%	0.00%	1,163.58%	0.00%	16,269.59%	40,854.98%	58,549.59%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	-67.75	-285.48	0.00	0.00	-64.44	-5.12
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	162.99	52.54	0.00	0.00	47.13	29.47
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	164.75	48.02	0.00	0.00	47.01	29.42
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.76	0.87	0.95	0.87	0.85	0.92	0.79	0.90	0.75	0.78	0.77
Accounts Receivable Turnover	3.81	7.82	6.05	5.77	3.80	7.62	5.97	6.04	3.80	6.86	5.75
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	11.28	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	3.64	5.09	4.95	4.93	3.27	4.29	3.36	4.10	2.86	3.37	2.91
Days Sales Outstanding (DSO)	95.93	46.69	60.31	63.29	96.02	47.90	61.17	60.42	96.13	53.19	63.52
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	100.26	71.78	73.76	74.02	111.60	85.12	108.59	88.95	127.71	108.27	125.53
Cash Conversion Cycle (CCC)	-4.34	-25.09	-13.45	-10.73	-15.57	-37.22	-47.42	-28.54	-31.58	-55.08	-62.01
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-126	-100	-57	-32	-49	-100	122	-32	127	78	154
Invested Capital Turnover	-7.87	-8.70	-12.08	-14.59	-11.89	-7.81	2,521.70	-14.25	27.89	-97.98	8.37
Increase / (Decrease) in Invested Capital	0.26	34	59	79	77	69	244	86	176	178	32
Enterprise Value (EV)	4,970	4,054	4,909	4,028	4,113	4,054	4,486	4,996	5,222	4,847	4,874
Market Capitalization	4,572	3,756	4,526	3,581	3,731	3,756	4,094	4,549	4,798	4,489	4,368
Book Value per Share	($3.67)	($2.76)	($3.03)	($3.33)	($3.00)	($2.76)	($1.85)	($3.35)	($2.07)	($1.95)	($2.54)
Tangible Book Value per Share	($4.18)	($3.29)	($3.56)	($3.88)	($3.54)	($3.29)	($2.41)	($3.90)	($2.60)	($2.51)	($3.87)
Total Capital	335	466	426	665	432	466	880	665	850	868	598
Total Debt	369	371	372	652	371	371	654	652	653	653	452
Total Long-Term Debt	369	371	372	652	371	371	450	652	449	449	452
Net Debt	-92	-195	-110	-46	-110	-195	-104	-46	-70	-137	8.08
Capital Expenditures (CapEx)	2.50	-1.42	-2.90	-2.13	-0.95	-1.42	3.59	-2.13	0.63	0.31	0.12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-370	-369	-335	-322	-318	-369	-364	-322	-343	-407	-402
Debt-free Net Working Capital (DFNWC)	91	197	147	375	163	197	394	375	380	384	42
Net Working Capital (NWC)	91	197	147	375	163	197	190	375	176	179	42
Net Nonoperating Expense (NNE)	-3.32	-3.04	-2.70	-1.46	-99	-3.04	-3.86	4.56	-28	-4.24	0.47
Net Nonoperating Obligations (NNO)	-92	-195	-110	-46	-110	-195	-104	-46	-70	-137	8.08
Total Depreciation and Amortization (D&A)	26	18	18	19	26	18	23	19	19	20	23
Debt-free, Cash-free Net Working Capital to Revenue	-37.37%	-36.27%	-32.22%	-30.63%	-30.62%	-35.12%	-34.35%	-30.04%	-31.48%	-36.93%	-34.70%
Debt-free Net Working Capital to Revenue	9.18%	19.39%	14.09%	35.67%	15.70%	18.78%	37.21%	34.98%	34.82%	34.81%	3.63%
Net Working Capital to Revenue	9.18%	19.39%	14.09%	35.67%	15.70%	18.78%	17.90%	34.98%	16.12%	16.28%	3.63%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.11	$0.08	$0.04	$0.04	$0.51	$0.08	$0.10	$0.05	$1.17	$0.02	$0.10
Adjusted Weighted Average Basic Shares Outstanding	143.59M	145.30M	144.25M	143.92M	144.20M	145.30M	144.07M	143.48M	144.23M	144.43M	137.38M
Adjusted Diluted Earnings per Share	$0.11	$0.08	$0.04	$0.04	$0.50	$0.08	$0.10	$0.05	$1.13	$0.02	$0.09
Adjusted Weighted Average Diluted Shares Outstanding	150.19M	148.76M	150.01M	147.63M	148.59M	148.76M	146.53M	149.07M	148.64M	149.61M	139.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	144.30M	145.59M	143.23M	143.70M	144.35M	145.59M	144.89M	143.70M	143.79M	144.79M	137.20M
Normalized Net Operating Profit after Tax (NOPAT)	17	14	8.09	9.20	-0.89	14	17	17	13	3.95	20
Normalized NOPAT Margin	6.71%	5.36%	3.10%	3.52%	-0.37%	5.36%	6.16%	6.33%	4.49%	1.43%	6.13%
Pre Tax Income Margin	9.17%	8.26%	5.04%	5.04%	4.03%	8.26%	9.25%	6.27%	7.52%	4.76%	9.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	21.09	25.61	0.00	0.00	3.39	13.08
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	17.62	20.90	0.00	0.00	1.47	8.19
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	22.86	21.10	0.00	0.00	3.28	13.03
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	19.38	16.39	0.00	0.00	1.35	8.14
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	56.22%	30.80%	22.09%	21.85%	11.58%	10.88%	10.16%	10.01%	6.13%	6.37%	5.98%
Augmented Payout Ratio	1,079.90%	440.01%	283.22%	280.14%	148.86%	131.90%	119.78%	136.71%	92.41%	103.39%	128.39%

Financials Breakdown Chart

Key Financial Trends

BOX showed a mixed but generally improving operating picture over the last four years, with revenue growth, a better cash position in some periods, and strong operating cash generation. However, the company also continues to carry a negative common equity balance and a meaningful debt load, which are important risks for investors to watch.

Revenue is trending higher year over year. Q1 2026 revenue was $305.9 million, up from $264.7 million in Q1 2025 and $238.4 million in Q1 2024. That suggests steady top-line expansion.
Gross profit has improved meaningfully. In Q1 2026, gross profit was $243.2 million, compared with $206.4 million in Q1 2025 and $190.2 million in Q1 2024.
Operating cash flow remains strong. BOX generated $140.2 million in operating cash flow in Q1 2026, following $131.2 million in Q1 2025 and $124.9 million in Q1 2024.
Cash and short-term investments are substantial. As of Q1 2026, BOX held $378.8 million in cash and equivalents plus $98.2 million in short-term investments.
Interest and investment income helped support profitability. In Q1 2026, interest and investment income was $3.0 million, which helped offset interest expense and other income items.
Free cash flow generation appears durable. Even after acquisitions, investments, dividends, and buybacks, BOX continued to produce positive net cash change in several recent quarters, supported by recurring operating cash flow.
Deferred revenue remains a large source of operating support. Current deferred revenue was $599.3 million in Q1 2026, indicating a sizeable backlog of billings already collected or contracted.
Margins are improving but still not especially strong. Q1 2026 operating margin was about 9% ($27.4 million operating income on $305.9 million revenue), which is better than earlier periods but still modest for a software business.
Stock-based and share-related dilution effects remain visible. Weighted diluted shares were 140.1 million in Q1 2026 versus 139.2 million basic shares, showing ongoing dilution pressure.
BOX continues to buy back stock and pay dividends. In Q1 2026, it repurchased $116.4 million of common equity and paid $3.8 million in dividends, which supports per-share metrics but uses cash.
Common equity remains negative. BOX reported negative total common equity of $338.4 million in Q1 2026, which is a red flag from a balance-sheet perspective.
Liabilities exceed liquid resources by a wide margin. Total liabilities were $1.26 billion in Q1 2026 versus total current assets of $765.6 million.
Long-term debt is still significant. BOX had $451.6 million of long-term debt in Q1 2026, and debt has stayed elevated across the recent periods.
Revenue growth has been uneven quarter to quarter. While the yearly trend is positive, some quarters showed softer growth or volatility, which suggests the business is not growing in a straight line.
Acquisitions and financing outflows can pressure cash. The company has consistently used cash for buybacks, dividends, and acquisitions, which can limit balance-sheet flexibility if operating performance weakens.

Bottom line: BOX looks like a company with improving scale, solid operating cash generation, and a healthy liquidity cushion, but investors should not ignore the negative equity position and sizable liabilities. The stock’s long-term case likely depends on BOX continuing to grow revenue while expanding margins and reducing balance-sheet strain.

09/04/26 08:55 PM ETAI Generated. May Contain Errors.

BOX Financials - Frequently Asked Questions

According to the most recent income statement we have on file, BOX's financial year ends in January. Their financial year 2026 ended on January 31, 2026.

BOX's net income appears to be on a downward trend, with a most recent value of $115.38 million in 2026, falling from -$202.95 million in 2016. The previous period was $115.38 million in 2025. Find out what analysts predict for BOX in the coming months.

BOX's total operating income in 2026 was $83.19 million, based on the following breakdown:

Total Gross Profit: $932.61 million
Total Operating Expenses: $849.42 million

Over the last 10 years, BOX's total revenue changed from $302.70 million in 2016 to $1.18 billion in 2026, a change of 288.9%.

BOX's total liabilities were at $1.35 billion at the end of 2026, which was unchanged from 2025, and a 275.1% increase since 2016.

In the past 10 years, BOX's cash and equivalents has ranged from $177.39 million in 2017 to $595.08 million in 2021, and is currently $375.13 million as of their latest financial filing in 2026.

Over the last 10 years, BOX's book value per share changed from 1.12 in 2016 to -2.09 in 2026, a change of -287.1%.

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Financial statements for NYSE:BOX last updated on 8/26/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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BOX (BOX) Financials

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BOX (BOX) Financials

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Financials Breakdown Chart

Key Financial Trends

BOX Financials - Frequently Asked Questions

When does BOX's fiscal year end?

How has BOX's net income changed over the last 10 years?

What is BOX's operating income?

How has BOX's revenue changed over the last 10 years?

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How has BOX's book value per share changed over the last 10 years?

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