What are Box's profit margins?

Gross margin is 79.6% and operating margin is 8.6%, with a 10.3% net margin.

Where does Box's income statement data come from?

Every line is extracted from Box's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Box BOX Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$1.21B+9.5%	$1.18B+8.0%	$1.15B+7.2%	$1.13B+6.3%	$1.1B+4.9%
Total cost of revenue	$246.71M+7.0%	$244.65M+7.3%	$242.55M+4.5%	$236.54M-3.7%	$230.53M-10.4%
Gross profit	$960.21M+10.2%	$932.61M+8.2%	$908.34M+8.0%	$889.17M+9.3%	$871.22M+9.8%
Gross margin	79.6%+0.5pp	79.2%+0.1pp	78.9%+0.5pp	79%+2.2pp	79.1%+3.6pp
Research and development	$298.15M+8.6%	$294.54M+11.2%	$286.84M+11.2%	$280.75M+11.8%	$274.48M+10.3%
Selling and marketing	$406.76M+5.2%	$403.99M+6.3%	$401.2M+8.7%	$393.54M+8.8%	$386.58M+8.9%
General and administrative	$151M+6.2%	$150.88M+9.8%	$150.39M+14.4%	$146.61M+13.0%	$142.19M+10.4%
Total operating expenses	$855.92M+6.6%	$849.42M+8.6%	$838.43M+10.5%	$820.91M+10.5%	$803.25M+9.6%
Operating income	$104.29M+53.5%	$83.19M+4.5%	$69.92M-15.6%	$68.26M-3.6%	$67.97M+12.5%
Operating margin	8.6%+2.5pp	7.1%-0.2pp	6.1%-1.6pp	6.1%-0.6pp	6.2%+0.4pp
Interest expense	$10.4M+30.6%	$10.7M+76.1%	$10.92M+162%	$9.85M+180%	$7.97M+116%
Other income (expense), net	-$1.82M+78.0%	$1.5M+112%	-$139K+99.4%	-$9.26M+3.3%	-$8.28M-29.7%
Income before income taxes	$113.09M+48.0%	$98.73M+15.9%	$85.31M-4.9%	$75.2M-12.2%	$76.44M+3.6%
Income tax expense	-$11.82M+92.6%	-$16.65M+89.6%	-$142.4M-137%	-$153.34M-147%	-$159.15M-148%
Net income	$124.92M-47.0%	$115.38M-52.8%	$227.71M+52.0%	$228.54M+54.8%	$235.59M+70.8%
Net margin	10.3%-11.0pp	9.8%-12.6pp	19.8%+5.8pp	20.3%+6.4pp	21.4%+8.3pp
Diluted earnings per share	$0.64-50.8%	$0.58-57.4%	$1.25+56.3%	$1.25+58.2%	$1.30+78.1%
EBITDA	$139.57M+51.2%	$116.1M+14.1%	$99.72M-10.2%	$95.01M-11.7%	$92.28M-10.8%
EBITDA margin	11.6%+3.2pp	9.9%+0.5pp	8.7%-1.7pp	8.4%-1.7pp	8.4%-1.5pp
EBIT	$104.29M+53.5%	$83.19M+4.5%	$69.92M-15.6%	$68.26M-3.6%	$67.97M+12.5%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Box's profit margins?: Gross margin is 79.6% and operating margin is 8.6%, with a 10.3% net margin.
Where does Box's income statement data come from?: Every line is extracted from Box's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.