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Box BOX Total Operating Expenses

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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%
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

Reported directly by Box in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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
Research and development75,91372,301
Sales and marketing101,87099,099
General and administrative37,98137,861
Total operating expenses215,764209,261
Income from operations27,4426,338
Interest income2,9866,698
Interest expense(2,401)(2,696)
Other (expense) income, net(518)2,804

Item 1. Financial Statements

FAQ

What is Box's total operating expenses?
Box (BOX) reported total operating expenses of $215.76M in Q1 2026.
How has Box's total operating expenses changed year-over-year?
Box's total operating expenses increased by 3.1% year-over-year, from $209.26M to $215.76M.
What is the long-term trend for Box's total operating expenses?
Over 4 years (2021 to 2025), Box's total operating expenses has grown at a 6.8% compound annual growth rate (CAGR), from $652.47M to $849.42M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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