Box Inc (BXCAP) Financials
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 BXCAP SEC filings page.
Box Inc (BXCAP) 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).
BXCAP's dominant mechanic is expanding gross profitability, low reinvestment needs, and cash deployment despite negative equity.
Cash conversion is unusually steady: FY2026 free cash flow was29.8% of revenue while capital expenditures were only$6.1M . That combination means the operating model converts revenue into cash without requiring comparable reinvestment, although the balance-sheet cushion remains thin.
Gross-margin expansion from
Earnings quality is mixed: FY2026 net income fell
Financial Health Signals
Box Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
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%.
BXCAP 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% |
BXCAP 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.
BXCAP 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.
BXCAP 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.
Where Box Inc Ranks
Frequently Asked Questions
What is Box Inc's annual revenue?
Box Inc (BXCAP) 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 (BXCAP) 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 (BXCAP) 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 (BXCAP) 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 (BXCAP) had $375.1M in cash and equivalents against $451.0M in long-term debt.
What is Box Inc's gross margin?
Box Inc (BXCAP) 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 (BXCAP) 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 (BXCAP) 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 (BXCAP) 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 (BXCAP) 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 (BXCAP) 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 (BXCAP) 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 (BXCAP) invested $294.5M in research and development during fiscal year 2026.
What is Box Inc's current ratio?
Box Inc (BXCAP) 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 (BXCAP) had a return on assets of 7.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Why is Box Inc's debt-to-equity ratio negative or not reported?
Box Inc (BXCAP) 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 Piotroski F-Score?
Box Inc (BXCAP) 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 (BXCAP) 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 (BXCAP) 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.