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Side-by-side financial comparison of BOX INC (BOX) and CBL & ASSOCIATES PROPERTIES INC (CBL). Click either name above to swap in a different company.

BOX INC is the larger business by last-quarter revenue ($301.1M vs $156.4M, roughly 1.9× CBL & ASSOCIATES PROPERTIES INC). CBL & ASSOCIATES PROPERTIES INC runs the higher net margin — 31.3% vs 4.0%, a 27.3% gap on every dollar of revenue. On growth, CBL & ASSOCIATES PROPERTIES INC posted the faster year-over-year revenue change (18.8% vs 9.1%). Over the past eight quarters, CBL & ASSOCIATES PROPERTIES INC's revenue compounded faster (10.1% CAGR vs 7.0%).

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...

CBL & Associates Properties, Inc. is an American real estate investment trust that invests in shopping centers and shopping malls, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. Its largest market is Chattanooga, Tennessee. The company's name is based on the initials of its founder, Charles B. Lebovitz.

BOX vs CBL — Head-to-Head

Bigger by revenue
BOX
BOX
1.9× larger
BOX
$301.1M
$156.4M
CBL
Growing faster (revenue YoY)
CBL
CBL
+9.6% gap
CBL
18.8%
9.1%
BOX
Higher net margin
CBL
CBL
27.3% more per $
CBL
31.3%
4.0%
BOX
Faster 2-yr revenue CAGR
CBL
CBL
Annualised
CBL
10.1%
7.0%
BOX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOX
BOX
CBL
CBL
Revenue
$301.1M
$156.4M
Net Profit
$12.1M
$49.0M
Gross Margin
79.6%
Operating Margin
8.3%
Net Margin
4.0%
31.3%
Revenue YoY
9.1%
18.8%
Net Profit YoY
-6.4%
29.0%
EPS (diluted)
$0.05
$1.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOX
BOX
CBL
CBL
Q4 25
$301.1M
$156.4M
Q3 25
$294.0M
$139.3M
Q2 25
$276.3M
$140.9M
Q1 25
$279.5M
$141.8M
Q4 24
$275.9M
$131.7M
Q3 24
$270.0M
$125.1M
Q2 24
$264.7M
$129.7M
Q1 24
$262.9M
$129.1M
Net Profit
BOX
BOX
CBL
CBL
Q4 25
$12.1M
$49.0M
Q3 25
$13.4M
$75.4M
Q2 25
$8.2M
$2.8M
Q1 25
$194.0M
$8.8M
Q4 24
$12.9M
$38.0M
Q3 24
$20.5M
$16.2M
Q2 24
$17.2M
$4.7M
Q1 24
$99.2M
$50.0K
Gross Margin
BOX
BOX
CBL
CBL
Q4 25
79.6%
Q3 25
79.1%
Q2 25
78.0%
Q1 25
79.0%
Q4 24
79.9%
Q3 24
79.4%
Q2 24
78.0%
Q1 24
76.1%
Operating Margin
BOX
BOX
CBL
CBL
Q4 25
8.3%
Q3 25
7.0%
Q2 25
2.3%
Q1 25
6.4%
Q4 24
8.5%
Q3 24
7.5%
Q2 24
6.8%
Q1 24
8.1%
Net Margin
BOX
BOX
CBL
CBL
Q4 25
4.0%
31.3%
Q3 25
4.6%
54.2%
Q2 25
3.0%
2.0%
Q1 25
69.4%
6.2%
Q4 24
4.7%
28.8%
Q3 24
7.6%
12.9%
Q2 24
6.5%
3.7%
Q1 24
37.7%
0.0%
EPS (diluted)
BOX
BOX
CBL
CBL
Q4 25
$0.05
$1.61
Q3 25
$0.05
$2.38
Q2 25
$0.02
$0.08
Q1 25
$1.13
$0.27
Q4 24
$0.05
$1.22
Q3 24
$0.10
$0.52
Q2 24
$0.08
$0.14
Q1 24
$0.57
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOX
BOX
CBL
CBL
Cash + ST InvestmentsLiquidity on hand
$729.6M
$42.3M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$-286.6M
$374.9M
Total Assets
$1.6B
$2.7B
Debt / EquityLower = less leverage
5.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
CBL
CBL
Q4 25
$729.6M
$42.3M
Q3 25
$757.9M
$52.6M
Q2 25
$790.4M
$100.3M
Q1 25
$722.8M
$100.3M
Q4 24
$697.9M
$40.8M
Q3 24
$482.2M
$65.1M
Q2 24
$566.1M
$57.7M
Q1 24
$480.7M
$57.7M
Total Debt
BOX
BOX
CBL
CBL
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$1.8B
Q2 24
$1.9B
Q1 24
$1.9B
Stockholders' Equity
BOX
BOX
CBL
CBL
Q4 25
$-286.6M
$374.9M
Q3 25
$-269.4M
$351.4M
Q2 25
$-280.1M
$289.4M
Q1 25
$-297.0M
$295.0M
Q4 24
$-479.9M
$323.5M
Q3 24
$-439.4M
$308.3M
Q2 24
$-397.9M
$308.8M
Q1 24
$-431.1M
$324.2M
Total Assets
BOX
BOX
CBL
CBL
Q4 25
$1.6B
$2.7B
Q3 25
$1.6B
$2.7B
Q2 25
$1.6B
$2.6B
Q1 25
$1.7B
$2.6B
Q4 24
$1.4B
$2.7B
Q3 24
$1.1B
$2.2B
Q2 24
$1.2B
$2.3B
Q1 24
$1.2B
$2.3B
Debt / Equity
BOX
BOX
CBL
CBL
Q4 25
5.79×
Q3 25
6.21×
Q2 25
7.39×
Q1 25
7.29×
Q4 24
6.84×
Q3 24
5.76×
Q2 24
6.00×
Q1 24
5.74×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOX
BOX
CBL
CBL
Operating Cash FlowLast quarter
$73.0M
$249.7M
Free Cash FlowOCF − Capex
$71.3M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
6.05×
5.10×
TTM Free Cash FlowTrailing 4 quarters
$343.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOX
BOX
CBL
CBL
Q4 25
$73.0M
$249.7M
Q3 25
$46.0M
$69.6M
Q2 25
$127.1M
$68.3M
Q1 25
$102.2M
$31.7M
Q4 24
$62.6M
$202.2M
Q3 24
$36.3M
$61.1M
Q2 24
$131.2M
$64.2M
Q1 24
$89.3M
$30.7M
Free Cash Flow
BOX
BOX
CBL
CBL
Q4 25
$71.3M
Q3 25
$43.9M
Q2 25
$126.7M
Q1 25
$101.5M
Q4 24
$62.3M
Q3 24
$35.9M
$46.0M
Q2 24
$129.9M
$54.8M
Q1 24
$89.1M
$24.7M
FCF Margin
BOX
BOX
CBL
CBL
Q4 25
23.7%
Q3 25
14.9%
Q2 25
45.9%
Q1 25
36.3%
Q4 24
22.6%
Q3 24
13.3%
36.8%
Q2 24
49.1%
42.2%
Q1 24
33.9%
19.1%
Capex Intensity
BOX
BOX
CBL
CBL
Q4 25
0.6%
Q3 25
0.7%
Q2 25
0.1%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.1%
12.1%
Q2 24
0.5%
7.3%
Q1 24
0.1%
4.7%
Cash Conversion
BOX
BOX
CBL
CBL
Q4 25
6.05×
5.10×
Q3 25
3.42×
0.92×
Q2 25
15.51×
24.74×
Q1 25
0.53×
3.60×
Q4 24
4.85×
5.32×
Q3 24
1.77×
3.77×
Q2 24
7.62×
13.54×
Q1 24
0.90×
614.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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