BOX, INC. (BOX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2027, filed Aug 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BOX SEC filings page.
BOX, INC. (BOX) reported $1.2B in revenue over the twelve months to Jul 31, 2026, up 9.6% from the prior twelve months. This page shows its 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).
Box converts recurring operating activity into substantial cash, but thin equity and heavy financing outflows remain central to how the business is funded.
Cash conversion strengthened relative to reported earnings: FY2026 operating cash flow was$356M against net income of$115M , while free cash flow reached$350M . That gap indicates accounting profit understates internally generated cash, although the FY2025 comparison also shows that reported net income was unusually lifted by a$159M tax benefit.
Gross margin expanded from
The balance sheet remains structurally thin: FY2026 liabilities of
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of BOX, INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
BOX, INC. has an operating margin of 7.1%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 50/100, indicating healthy but not exceptional operating efficiency. This is down from 7.3% the prior year.
BOX, INC.'s revenue grew 8.0% year-over-year to $1.2B, a solid pace of expansion. This earns a growth score of 55/100.
BOX, INC.'s current ratio of 1.11 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.
BOX, INC. converts 29.8% of revenue into free cash flow ($350.4M). This strong cash generation earns a score of 94/100.
BOX, INC. scores 1.81, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($4.8B) relative to total liabilities ($1.8B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
BOX, INC. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
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 $7.78 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 $321.1M in revenue in Q2 2027. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is up 5.0%.
BOX, INC.'s EBITDA was $42.6M in Q2 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 50.3% from the same quarter a year earlier. Against the prior quarter it is up 16.0%.
BOX, INC. reported $19.2M in net income in Q2 2027. This represents an increase of 43.0% from the same quarter a year earlier. Against the prior quarter it is up 8.4%.
BOX, INC. earned $0.09 per diluted share (EPS) in Q2 2027. This represents an increase of 80.0% from the same quarter a year earlier. Against the prior quarter it is up 12.5%.
Cash & Balance Sheet
BOX, INC. generated $70.7M in free cash flow in Q2 2027, representing cash available after capex. This represents an increase of 60.4% from the same quarter a year earlier. Against the prior quarter it is down 49.1%.
BOX, INC. held $342.9M in cash against $452.2M in long-term debt as of Q2 2027.
Not reported for Q2 2027.
Margins & Returns
BOX, INC.'s gross margin was 79.1% in Q2 2027, indicating the percentage of revenue retained after direct costs. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
BOX, INC.'s operating margin was 10.2% in Q2 2027, reflecting core business profitability. This is up 3.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.
BOX, INC.'s net profit margin was 6.0% in Q2 2027, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.
Not reported for Q2 2027.
Capital Allocation
BOX, INC. invested $78.4M in research and development in Q2 2027. This represents an increase of 9.3% from the same quarter a year earlier. Against the prior quarter it is up 3.3%.
BOX, INC. spent $69.3M on share buybacks in Q2 2027, returning capital to shareholders by reducing shares outstanding. This represents an increase of 73.5% from the same quarter a year earlier. Against the prior quarter it is down 40.5%.
BOX, INC. invested $121K in capex in Q2 2027, funding long-term assets and infrastructure. This represents a decrease of 93.5% from the same quarter a year earlier. Against the prior quarter it is down 90.5%.
BOX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $321.1M+9.2% | $305.9M+10.7% | $305.9M+9.4% | $301.1M+9.1% | $294.0M+8.9% | $276.3M+4.4% | $279.5M+6.3% | $275.9M+5.5% |
| Cost of Revenue | $67.2M+9.2% | $62.7M+3.4% | $60.9M+3.6% | $61.6M+10.8% | $61.5M+10.8% | $60.7M+4.2% | $58.8M-6.3% | $55.6M-19.7% |
| Gross Profit | $254.0M+9.2% | $243.2M+12.8% | $245.0M+11.0% | $239.5M+8.7% | $232.5M+8.4% | $215.6M+4.5% | $220.7M+10.3% | $220.4M+14.6% |
| R&D Expenses | $78.4M+9.3% | $75.9M+5.0% | $76.6M+11.2% | $73.9M+9.0% | $71.7M+9.6% | $72.3M+15.4% | $68.9M+11.2% | $67.9M+11.2% |
| SG&A Expenses | $36.2M-4.7% | $38.0M+0.3% | $37.6M+1.3% | $37.5M+11.2% | $38.0M+13.2% | $37.9M+14.5% | $37.1M+18.9% | $33.7M+5.3% |
| Operating Income | $32.6M+58.6% | $27.4M+333.0% | $31.2M+74.0% | $25.1M+7.1% | $20.6M+1.5% | $6.3M-64.8% | $17.9M-15.3% | $23.4M+105.7% |
| EBITDA | $42.6M+50.3% | $36.7M+177.3% | $40.5M+67.9% | $34.0M+16.1% | $28.3M+10.7% | $13.2M-41.7% | $24.1M-9.6% | $29.3M-5.1% |
| Interest Expense | $2.4M-10.3% | $2.4M-10.9% | $2.6M-7.9% | $2.7M+66.6% | $2.7M+236.7% | $2.7M+234.9% | $2.9M | $1.6M |
| Income Tax | $12.6M+22.7% | $9.8M+97.6% | -$47.2M+72.7% | $15.3M+248.7% | $10.3M+129.7% | $5.0M+6.6% | -$173.0M-134.9% | $4.4M+74.3% |
| Net Income | $19.2M+43.0% | $17.7M+116.3% | $81.7M-57.9% | $12.1M-6.4% | $13.4M-34.4% | $8.2M-52.4% | $194.0M+95.5% | $12.9M+21.0% |
| EPS (Basic) | $0.10+66.7% | $0.09+350.0% | $0.47-59.8% | $0.050.0% | $0.06-40.0% | $0.02-75.0% | $1.17+98.3% | $0.05+25.0% |
| EPS (Diluted) | $0.09+80.0% | $0.08 | $0.46-59.3% | $0.050.0% | $0.05-50.0% | $0.02 | $1.13+98.2% | $0.05+25.0% |
| Diluted Shares (Avg) | 140M-7.5% | 140M | N/A | 149M+0.3% | 151M+3.1% | 150M | N/A | 149M+1.0% |
BOX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B-13.6% | $1.4B-13.4% | $1.5B-7.3% | $1.6B+18.8% | $1.6B+45.0% | $1.6B+39.6% | $1.7B+34.4% | $1.4B+31.0% |
| Current Assets | $757.9M-27.3% | $765.6M-27.5% | $891.3M-18.8% | $1.0B+6.4% | $1.0B+42.1% | $1.1B+33.9% | $1.1B+30.3% | $962.6M+40.7% |
| Cash & Equivalents | $342.9M-47.9% | $378.8M-45.1% | $375.1M-39.9% | $633.2M+4.0% | $657.8M+61.8% | $689.6M+53.4% | $624.6M+62.8% | $608.8M+61.1% |
| Short-Term Investments | $101.3M+1.2% | $98.2M-2.6% | $102.9M+4.8% | $96.5M+8.2% | $100.0M+32.3% | $100.8M-13.6% | $98.2M+1.3% | $89.2M+44.3% |
| Accounts Receivable | $213.7M+12.7% | $192.3M+8.0% | $325.1M+11.1% | $204.9M+8.7% | $189.6M+6.8% | $178.1M+24.5% | $292.7M+4.0% | $188.5M+13.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $81.0M+0.3% | $81.7M+1.5% | $82.3M+6.9% | $81.3M+3.3% | $80.8M+5.2% | $80.5M+5.4% | $77.0M+0.3% | $78.7M+7.4% |
| Total Liabilities | $1.8B-7.3% | $1.8B-8.4% | $1.8B-6.1% | $1.9B+3.4% | $1.9B+21.4% | $1.9B+22.1% | $2.0B+17.5% | $1.8B+16.5% |
| Current Liabilities | $715.8M-16.1% | $717.0M-18.2% | $802.7M-13.0% | $853.0M+45.3% | $853.2M+45.4% | $876.8M+48.3% | $922.1M+35.7% | $587.1M+2.9% |
| Non-Current Liabilities | $1.0B-0.1% | $1.0B-0.2% | $1.0B0.0% | $1.0B-16.4% | $1.0B+6.9% | $1.0B+6.3% | $1.0B+5.0% | $1.2B+24.3% |
| Long-Term Debt | $452.2M+0.5% | $451.6M+0.5% | $451.0M+0.5% | $450.4M-30.9% | $449.8M+21.0% | $449.2M+21.0% | $448.6M+21.0% | $651.7M+76.0% |
| Total Equity | -$351.1M-30.4% | -$338.4M-20.8% | -$299.3M-0.8% | -$286.6M+40.3% | -$269.4M+38.7% | -$280.1M+29.6% | -$297.0M+31.1% | -$479.9M+11.2% |
| Retained Earnings | -$809.8M+13.9% | -$829.0M+13.1% | -$846.8M+12.0% | -$928.4M+19.7% | -$940.5M+19.5% | -$953.9M+19.8% | -$962.1M+20.3% | -$1.2B+11.5% |
Not reported in any period shown, so not listed: Inventory.
BOX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $70.8M+54.1% | $140.2M+10.3% | $110.4M+8.0% | $73.0M+16.7% | $46.0M+26.6% | $127.1M-3.2% | $102.2M+14.4% | $62.6M-12.8% |
| Depreciation & Amortization | $9.9M+28.4% | $9.3M+34.3% | $9.3M+50.2% | $9.0M+51.6% | $7.7M+46.0% | $6.9M+47.1% | $6.2M-49.4% | $5.9M-69.7% |
| Stock-Based Compensation | $61.4M+1.0% | $56.3M+2.6% | N/A | $59.3M+6.7% | $60.8M+10.2% | $54.9M+7.3% | N/A | $55.6M+9.2% |
| Capital Expenditures | $121K-93.5% | $1.3M+309.3% | $1.9M+206.1% | $2.0M+629.9% | $1.9M+368.1% | $311K-75.6% | $628K+159.5% | $271K-89.0% |
| Free Cash Flow | $70.7M+60.4% | $138.9M+9.6% | $108.5M+6.8% | $71.1M+14.1% | $44.1M+22.8% | $126.7M-2.4% | $101.5M+14.0% | $62.3M-10.1% |
| Investing Cash Flow | -$14.0M-64.9% | -$6.1M+40.8% | -$16.5M+5.2% | -$7.3M+65.9% | -$8.5M-121.9% | -$10.4M+55.2% | -$17.4M+56.6% | -$21.5M-21.5% |
| Financing Cash Flow | -$90.6M-38.8% | -$125.8M-103.7% | -$352.6M-423.5% | -$89.8M-155.4% | -$65.3M+46.2% | -$61.8M-73.1% | -$67.4M-48.4% | $162.1M+340.3% |
| Share Buybacks | $69.3M+73.5% | $116.4M+134.4% | $123.4M+191.0% | $76.9M+156.5% | $39.9M-62.5% | $49.7M+54.5% | $42.4M+100.0% | $30.0M-41.3% |
Not reported in any period shown, so not listed: Dividends Paid.
BOX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 79.1%0.0pp | 79.5%+1.5pp | 80.1%+1.1pp | 79.5%-0.3pp | 79.1%-0.4pp | 78.0%0.0pp | 79.0%+2.8pp | 79.9%+6.3pp |
| Operating Margin | 10.2%+3.2pp | 9.0%+6.7pp | 10.2%+3.8pp | 8.3%-0.2pp | 7.0%-0.5pp | 2.3%-4.5pp | 6.4%-1.6pp | 8.5%+4.1pp |
| Net Margin | 6.0%+1.4pp | 5.8%+2.8pp | 26.7%-42.7pp | 4.0%-0.7pp | 4.6%-3.0pp | 3.0%-3.5pp | 69.4%+31.7pp | 4.7%+0.6pp |
| Return on Assets | 1.4%+0.5pp | 1.3%+0.8pp | 5.3%-6.3pp | 0.8%-0.2pp | 0.8%-1.0pp | 0.5%-1.0pp | 11.6%+3.6pp | 0.9%-0.1pp |
| Current Ratio | 1.06-0.2x | 1.07-0.1x | 1.11-0.1x | 1.20-0.4x | 1.220.0x | 1.20-0.1x | 1.190.0x | 1.64+0.4x |
| Asset Turnover | 0.230.0x | 0.220.0x | 0.200.0x | 0.190.0x | 0.18-0.1x | 0.17-0.1x | 0.170.0x | 0.200.0x |
| FCF Margin | 22.0%+7.0pp | 45.4%-0.5pp | 35.5%-0.9pp | 23.6%+1.0pp | 15.0%+1.7pp | 45.9%-3.2pp | 36.3%+2.4pp | 22.6%-3.9pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$299.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| BOX, INC. BOX | FY2026 | $1.2B | $115.4M | 9.8% | $4.8B | 56/100 |
| Qualys, Inc. QLYS | FY2025 | $669.1M | $198.3M | 29.6% | $6.9B | 72/100 |
| ACI Worldwide, Inc. ACIW | FY2025 | $1.8B | $226.7M | 12.9% | $5.2B | 65/100 |
| Zeta Global Holdings Corp. ZETA | FY2025 | $1.3B | -$31.5M | -2.4% | $8.3B | 59/100 |
| OneStream, Inc. OS | FY2025 | $601.9M | -$50.3M | -8.4% | $4.6B | 53/100 |
Where BOX, INC. Ranks
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 8.0% 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.
How much debt does BOX, INC. have?
As of fiscal year 2026, BOX, INC. (BOX) had $375.1M in cash and equivalents against $451.0M in long-term debt.
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 total assets?
BOX, INC. (BOX) had $1.5B in total assets as of fiscal year 2026, including both current and long-term assets.
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.
What is BOX, INC.'s current ratio?
BOX, INC. (BOX) had a current ratio of 1.11 as of fiscal year 2026, which is considered adequate.
What is BOX, INC.'s return on assets (ROA)?
BOX, INC. (BOX) had a return on assets of 7.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is BOX, INC.'s P/E ratio?
BOX, INC. (BOX) trades at 37.0x earnings, its market capitalization divided by net income of $130.7M net income, trailing 12 months to July 31, 2026. The market capitalization is $4.8B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is BOX, INC.'s price-to-sales ratio?
BOX, INC. (BOX) trades at 3.9x sales, its market capitalization divided by revenue of $1.2B revenue, trailing 12 months to July 31, 2026. The market capitalization is $4.8B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is BOX, INC.'s debt-to-equity ratio negative or not reported?
BOX, INC. (BOX) has negative shareholder equity of -$299.3M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is BOX, INC.'s Altman Z-Score?
BOX, INC. (BOX) has an Altman Z-Score of 1.81, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is BOX, INC.'s Piotroski F-Score?
BOX, INC. (BOX) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
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 7.78x, 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.
How financially healthy is BOX, INC.?
BOX, INC. (BOX) scores 56 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.