Box (BOX) reported capex of $1.27M in Q1 2026.

How has Box's capex changed year-over-year?

Box's capex increased by 309.3% year-over-year, from $311K to $1.27M.

What is the long-term trend for Box's capex?

Over 2 years (2022 to 2025), Box's capex has grown at a 9.8% compound annual growth rate (CAGR), from $5.03M to $6.07M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Box BOX CapEx

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Other financials

Income statement

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Revenue$305.9M+10.7%

Gross profit$243.2M+12.8%

Operating income$27.4M+333%

Net income$17.7M+116%

EPS (diluted)$0.08+300%

Balance sheet

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Cash & equivalents$378.8M-45.1%

Total debt$563.7M-25.0%

Total equity-$338.4M-20.8%

Total assets$1.4B-13.4%

Cash flow

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Operating cash flow$140.2M+10.3%

Free cash flow$138.9M+9.6%

Valuation

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Market cap$3.44B-24.3%

Enterprise value$3.63B-21.2%

P/E27.6×+8.3×

P/S2.9×-1.3×

Profitability

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Gross margin79.6%+0.5pp

Operating margin8.6%+2.5pp

Net margin10.3%-11.0pp

FCF margin30%+0.4pp

Returns & leverage

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Return on equity-39.2%—

Debt / equity5.9×—

Current ratio1.1×-0.1×

Where this comes from

Reported directly by Box in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Box’s 10-Q, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Box's capex?: Box (BOX) reported capex of $1.27M in Q1 2026.
How has Box's capex changed year-over-year?: Box's capex increased by 309.3% year-over-year, from $311K to $1.27M.
What is the long-term trend for Box's capex?: Over 2 years (2022 to 2025), Box's capex has grown at a 9.8% compound annual growth rate (CAGR), from $5.03M to $6.07M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.