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Box BOX Gross Profit

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Other financials

Income statement

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Revenue$305.9M+10.7%
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%
CapEx$1.3M+309%
Free cash flow$138.9M+9.6%

Valuation

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Market cap$4.41B-4.8%
Enterprise value$4.6B-2.7%
P/E35.3×+15.1×
P/S3.7×-0.5×

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

Calculated from Box’s reported figures.

The source filing: Box’s 10-Q, filed May 27, 2026.

Filed
May 27, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-241872
Line itemThree Months Ended / April 30, 2026Three Months Ended / April 30, 2025
Revenue$305,941$276,272
Cost of revenue62,73560,673
Gross profit243,206215,599
Operating expenses:
Research and development75,91372,301
Sales and marketing101,87099,099
General and administrative37,98137,861
Total operating expenses215,764209,261

Item 1. Financial Statements

FAQ

What is Box's gross profit?
Box (BOX) reported gross profit of $243.21M in Q1 2026.
How has Box's gross profit changed year-over-year?
Box's gross profit increased by 12.8% year-over-year, from $215.6M to $243.21M.
What is the long-term trend for Box's gross profit?
Over 4 years (2021 to 2025), Box's gross profit has grown at a 10.5% compound annual growth rate (CAGR), from $624.85M to $932.61M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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