BOX INCBOXEarnings & Financial Report
Box, Inc. is an American public company based in Redwood City, California. It develops and markets cloud-based content management, collaboration, and file sharing tools for businesses. Box was founded in 2005 by Aaron Levie and Dylan Smith. Initially, it focused on consumers, but around 2009 and 2010 Box pivoted to focus on business users. The company raised about $500 million over numerous funding rounds before going public in 2015. Its software allows users to store and manage files in an o...
Revenue
$270.0M
Gross Profit
$214.5M
Operating Profit
$20.3M
Net Profit
$20.5M
Gross Margin
79.4%
Operating Margin
7.5%
Net Margin
7.6%
YoY Growth
3.3%
EPS
$0.10
BOX INC Q2 FY2025 Financial Summary
BOX INC reported revenue of $270.0M (up 3.3% YoY) for Q2 FY2025, with a net profit of $20.5M (up 89.9% YoY) (7.6% margin). Cost of goods sold was $55.5M, operating expenses totaled $194.2M.
Key Financial Metrics
| Total Revenue | $270.0M |
|---|---|
| Net Profit | $20.5M |
| Gross Margin | 79.4% |
| Operating Margin | 7.5% |
| Report Period | Q2 FY2025 |
BOX INC Annual Revenue by Year
BOX INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $1.0B |
| 2023 | $990.9M |
| 2022 | $874.3M |
BOX INC Quarterly Revenue & Net Profit History
BOX INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $301.1M | +9.1% | $12.1M | 4.0% |
| Q2 FY2026 | $294.0M | +8.9% | $13.4M | 4.6% |
| Q1 FY2026 | $276.3M | +4.4% | $8.2M | 3.0% |
| Q4 FY2025 | $279.5M | +6.3% | $194.0M | 69.4% |
| Q3 FY2025 | $275.9M | +5.5% | $12.9M | 4.7% |
| Q2 FY2025 | $270.0M | +3.3% | $20.5M | 7.6% |
| Q1 FY2025 | $264.7M | +5.1% | $17.2M | 6.5% |
| Q4 FY2024 | $262.9M | +2.5% | $99.2M | 37.7% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $262.9M | $264.7M | $270.0M | $275.9M | $279.5M | $276.3M | $294.0M | $301.1M |
| YoY Growth | 2.5% | 5.1% | 3.3% | 5.5% | 6.3% | 4.4% | 8.9% | 9.1% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.24B | $1.18B | $1.12B | $1.35B | $1.67B | $1.64B | $1.62B | $1.61B |
| Liabilities | $1.18B | $1.08B | $1.07B | $1.34B | $1.47B | $1.43B | $1.40B | $1.40B |
| Equity | $-431.1M | $-397.9M | $-439.4M | $-479.9M | $-297.0M | $-280.1M | $-269.4M | $-286.6M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $89.3M | $131.2M | $36.3M | $62.6M | $102.2M | $127.1M | $46.0M | $73.0M |