This page shows Box Inc (BOX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, Box Inc generates $3.09 in operating cash flow ($356.4M OCF vs $115.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Box Inc earns $7.8 in operating income for every $1 of interest expense ($83.2M vs $10.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Box Inc generated $1.2B in revenue in fiscal year 2026. This represents an increase of 8.0% from the prior year.
Box Inc's EBITDA was $116.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 14.1% from the prior year.
Box Inc reported $115.4M in net income in fiscal year 2026. This represents a decrease of 52.8% from the prior year.
Box Inc earned $0.58 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 57.4% from the prior year.
Cash & Balance Sheet
Box Inc generated $350.4M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 6.3% from the prior year.
Box Inc had 138M shares outstanding in fiscal year 2026. This represents a decrease of 4.4% from the prior year.
Margins & Returns
Box Inc's gross margin was 79.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.
Box Inc's operating margin was 7.1% in fiscal year 2026, reflecting core business profitability. This is down 0.2 percentage points from the prior year.
Box Inc's net profit margin was 9.8% in fiscal year 2026, showing the share of revenue converted to profit. This is down 12.6 percentage points from the prior year.
Capital Allocation
Box Inc invested $294.5M in research and development in fiscal year 2026. This represents an increase of 11.2% from the prior year.
Box Inc spent $289.8M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 37.3% from the prior year.
Box Inc invested $6.1M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 136.1% from the prior year.
BOX Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $305.9M+1.6% | $301.1M+2.4% | $294.0M+6.4% | $276.3M-1.2% | $279.5M+1.3% | $275.9M+2.2% | $270.0M+2.0% | $264.7M |
| Cost of Revenue | $60.9M-1.1% | $61.6M+0.1% | $61.5M+1.4% | $60.7M+3.2% | $58.8M+5.8% | $55.6M+0.1% | $55.5M-4.7% | $58.3M |
| Gross Profit | $245.0M+2.3% | $239.5M+3.0% | $232.5M+7.8% | $215.6M-2.3% | $220.7M+0.2% | $220.4M+2.7% | $214.5M+3.9% | $206.4M |
| R&D Expenses | $76.6M+3.6% | $73.9M+3.1% | $71.7M-0.8% | $72.3M+5.0% | $68.9M+1.5% | $67.9M+3.7% | $65.4M+4.4% | $62.7M |
| SG&A Expenses | $37.6M+0.3% | $37.5M-1.4% | $38.0M+0.3% | $37.9M+2.1% | $37.1M+10.1% | $33.7M+0.3% | $33.6M+1.6% | $33.1M |
| Operating Income | $31.2M+24.5% | $25.1M+21.8% | $20.6M+224.7% | $6.3M-64.7% | $17.9M-23.4% | $23.4M+15.4% | $20.3M+12.6% | $18.0M |
| Interest Expense | $2.6M-1.6% | $2.7M+0.1% | $2.7M-0.6% | $2.7M-5.9% | $2.9M+77.9% | $1.6M+102.3% | $796K-1.1% | $805K |
| Income Tax | -$47.2M-408.0% | $15.3M+49.0% | $10.3M+108.0% | $5.0M+102.9% | -$173.0M-4032.4% | $4.4M-1.9% | $4.5M-3.4% | $4.6M |
| Net Income | $81.7M+577.0% | $12.1M-10.3% | $13.4M+64.1% | $8.2M-95.8% | $194.0M+1404.8% | $12.9M-37.1% | $20.5M+19.0% | $17.2M |
| EPS (Diluted) | N/A | $0.050.0% | $0.05+150.0% | $0.02 | N/A | $0.05-50.0% | $0.10+25.0% | $0.08 |
BOX Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.5B-3.9% | $1.6B-0.9% | $1.6B-1.0% | $1.6B-1.6% | $1.7B+23.1% | $1.4B+20.8% | $1.1B-4.7% | $1.2B |
| Current Assets | $891.3M-13.0% | $1.0B-1.8% | $1.0B-1.3% | $1.1B-3.8% | $1.1B+14.0% | $962.6M+31.2% | $733.7M-7.0% | $788.7M |
| Cash & Equivalents | $375.1M-40.8% | $633.2M-3.7% | $657.8M-4.6% | $689.6M+10.4% | $624.6M+2.6% | $608.8M+49.7% | $406.6M-9.5% | $449.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $325.1M+58.7% | $204.9M+8.1% | $189.6M+6.4% | $178.1M-39.2% | $292.7M+55.3% | $188.5M+6.2% | $177.5M+24.1% | $143.1M |
| Goodwill | $82.3M+1.2% | $81.3M+0.6% | $80.8M+0.3% | $80.5M+4.6% | $77.0M-2.2% | $78.7M+2.6% | $76.8M+0.5% | $76.4M |
| Total Liabilities | $1.8B-2.7% | $1.9B+0.1% | $1.9B-1.4% | $1.9B-2.2% | $2.0B+7.1% | $1.8B+17.6% | $1.6B-0.9% | $1.6B |
| Current Liabilities | $802.7M-5.9% | $853.0M0.0% | $853.2M-2.7% | $876.8M-4.9% | $922.1M+57.1% | $587.1M0.0% | $586.9M-0.8% | $591.4M |
| Long-Term Debt | $451.0M+0.1% | $450.4M+0.1% | $449.8M+0.1% | $449.2M+0.1% | $448.6M-31.2% | $651.7M+75.3% | $371.8M+0.1% | $371.3M |
| Total Equity | -$299.3M-4.4% | -$286.6M-6.4% | -$269.4M+3.8% | -$280.1M+5.7% | -$297.0M+38.1% | -$479.9M-9.2% | -$439.4M-10.4% | -$397.9M |
| Retained Earnings | -$846.8M+8.8% | -$928.4M+1.3% | -$940.5M+1.4% | -$953.9M+0.9% | -$962.1M+16.8% | -$1.2B+1.1% | -$1.2B+1.7% | -$1.2B |
BOX Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $110.4M+51.1% | $73.0M+58.9% | $46.0M-63.8% | $127.1M+24.4% | $102.2M+63.3% | $62.6M+72.4% | $36.3M-72.3% | $131.2M |
| Capital Expenditures | $1.9M+10.9% | $1.7M-16.3% | $2.1M+493.1% | $349K-44.4% | $628K+131.7% | $271K-31.9% | $398K-68.8% | $1.3M |
| Free Cash Flow | $108.5M+52.1% | $71.3M+62.5% | $43.9M-65.4% | $126.7M+24.8% | $101.5M+63.0% | $62.3M+73.6% | $35.9M-72.4% | $129.9M |
| Investing Cash Flow | -$16.5M-125.5% | -$7.3M+14.1% | -$8.5M+18.1% | -$10.4M+40.3% | -$17.4M+19.0% | -$21.5M-155.3% | $38.8M+267.5% | -$23.2M |
| Financing Cash Flow | -$352.6M-292.5% | -$89.8M-37.6% | -$65.3M-5.7% | -$61.8M+8.3% | -$67.4M-141.6% | $162.1M+233.5% | -$121.4M-240.1% | -$35.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $123.4M+60.6% | $76.9M+92.5% | $39.9M-19.6% | $49.7M+17.1% | $42.4M+41.5% | $30.0M-71.9% | $106.6M+231.6% | $32.1M |
BOX Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.1%+0.6pp | 79.5%+0.5pp | 79.1%+1.0pp | 78.0%-0.9pp | 79.0%-0.9pp | 79.9%+0.4pp | 79.4%+1.4pp | 78.0% |
| Operating Margin | 10.2%+1.9pp | 8.3%+1.3pp | 7.0%+4.7pp | 2.3%-4.1pp | 6.4%-2.1pp | 8.5%+1.0pp | 7.5%+0.7pp | 6.8% |
| Net Margin | 26.7%+22.7pp | 4.0%-0.6pp | 4.6%+1.6pp | 3.0%-66.4pp | 69.4%+64.7pp | 4.7%-2.9pp | 7.6%+1.1pp | 6.5% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 5.3%+4.5pp | 0.8%-0.1pp | 0.8%+0.3pp | 0.5%-11.1pp | 11.6%+10.7pp | 0.9%-0.9pp | 1.8%+0.4pp | 1.5% |
| Current Ratio | 1.11-0.1 | 1.20-0.0 | 1.22+0.0 | 1.20+0.0 | 1.19-0.4 | 1.64+0.4 | 1.25-0.1 | 1.33 |
| Debt-to-Equity | -1.51+0.1 | -1.57+0.1 | -1.67-0.1 | -1.60-0.1 | -1.51-0.2 | -1.36-0.5 | -0.85+0.1 | -0.93 |
| FCF Margin | 35.5%+11.8pp | 23.7%+8.8pp | 14.9%-30.9pp | 45.9%+9.5pp | 36.3%+13.8pp | 22.6%+9.3pp | 13.3%-35.8pp | 49.1% |
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Frequently Asked Questions
What is Box Inc's annual revenue?
Box Inc (BOX) reported $1.2B in total revenue for fiscal year 2026. This represents a 8.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Box Inc's revenue growing?
Box Inc (BOX) revenue grew by 8% year-over-year, from $1.1B to $1.2B in fiscal year 2026.
Is Box Inc profitable?
Yes, Box Inc (BOX) reported a net income of $115.4M in fiscal year 2026, with a net profit margin of 9.8%.
What is Box Inc's EBITDA?
Box Inc (BOX) had EBITDA of $116.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Box Inc's gross margin?
Box Inc (BOX) had a gross margin of 79.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Box Inc's operating margin?
Box Inc (BOX) had an operating margin of 7.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Box Inc's net profit margin?
Box Inc (BOX) had a net profit margin of 9.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Box Inc's free cash flow?
Box Inc (BOX) generated $350.4M in free cash flow during fiscal year 2026. This represents a 6.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Box Inc's operating cash flow?
Box Inc (BOX) generated $356.4M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Box Inc's capital expenditures?
Box Inc (BOX) invested $6.1M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Box Inc spend on research and development?
Box Inc (BOX) invested $294.5M in research and development during fiscal year 2026.
Are Box Inc's earnings high quality?
Box Inc (BOX) has an earnings quality ratio of 3.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Box Inc cover its interest payments?
Box Inc (BOX) has an interest coverage ratio of 7.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.