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Side-by-side financial comparison of BOX INC (BOX) and HEXCEL CORP (HXL). Click either name above to swap in a different company.

HEXCEL CORP is the larger business by last-quarter revenue ($501.5M vs $301.1M, roughly 1.7× BOX INC). HEXCEL CORP runs the higher net margin — 7.4% vs 4.0%, a 3.4% gap on every dollar of revenue. On growth, HEXCEL CORP posted the faster year-over-year revenue change (9.9% vs 9.1%). Over the past eight quarters, BOX INC's revenue compounded faster (7.0% CAGR vs 0.1%).

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...

Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics, Ciba Composites and Hercules Composites Products Division. The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment ...

BOX vs HXL — Head-to-Head

Bigger by revenue
HXL
HXL
1.7× larger
HXL
$501.5M
$301.1M
BOX
Growing faster (revenue YoY)
HXL
HXL
+0.7% gap
HXL
9.9%
9.1%
BOX
Higher net margin
HXL
HXL
3.4% more per $
HXL
7.4%
4.0%
BOX
Faster 2-yr revenue CAGR
BOX
BOX
Annualised
BOX
7.0%
0.1%
HXL

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
BOX
BOX
HXL
HXL
Revenue
$301.1M
$501.5M
Net Profit
$12.1M
$37.2M
Gross Margin
79.6%
26.9%
Operating Margin
8.3%
11.5%
Net Margin
4.0%
7.4%
Revenue YoY
9.1%
9.9%
Net Profit YoY
-6.4%
28.7%
EPS (diluted)
$0.05
$0.49

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
HXL
HXL
Q1 26
$501.5M
Q4 25
$301.1M
$491.3M
Q3 25
$294.0M
$456.2M
Q2 25
$276.3M
$489.9M
Q1 25
$279.5M
$456.5M
Q4 24
$275.9M
$473.8M
Q3 24
$270.0M
$456.5M
Q2 24
$264.7M
$500.4M
Net Profit
BOX
BOX
HXL
HXL
Q1 26
$37.2M
Q4 25
$12.1M
$46.4M
Q3 25
$13.4M
$20.6M
Q2 25
$8.2M
$13.5M
Q1 25
$194.0M
$28.9M
Q4 24
$12.9M
$5.8M
Q3 24
$20.5M
$39.8M
Q2 24
$17.2M
$50.0M
Gross Margin
BOX
BOX
HXL
HXL
Q1 26
26.9%
Q4 25
79.6%
24.6%
Q3 25
79.1%
21.9%
Q2 25
78.0%
22.8%
Q1 25
79.0%
22.4%
Q4 24
79.9%
25.0%
Q3 24
79.4%
23.3%
Q2 24
78.0%
25.3%
Operating Margin
BOX
BOX
HXL
HXL
Q1 26
11.5%
Q4 25
8.3%
12.5%
Q3 25
7.0%
7.9%
Q2 25
2.3%
6.1%
Q1 25
6.4%
9.7%
Q4 24
8.5%
1.9%
Q3 24
7.5%
11.5%
Q2 24
6.8%
14.3%
Net Margin
BOX
BOX
HXL
HXL
Q1 26
7.4%
Q4 25
4.0%
9.4%
Q3 25
4.6%
4.5%
Q2 25
3.0%
2.8%
Q1 25
69.4%
6.3%
Q4 24
4.7%
1.2%
Q3 24
7.6%
8.7%
Q2 24
6.5%
10.0%
EPS (diluted)
BOX
BOX
HXL
HXL
Q1 26
$0.49
Q4 25
$0.05
Q3 25
$0.05
Q2 25
$0.02
Q1 25
$1.13
Q4 24
$0.05
Q3 24
$0.10
Q2 24
$0.08

Balance Sheet & Financial Strength

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

Metric
BOX
BOX
HXL
HXL
Cash + ST InvestmentsLiquidity on hand
$729.6M
$54.1M
Total DebtLower is stronger
$998.1M
Stockholders' EquityBook value
$-286.6M
$1.3B
Total Assets
$1.6B
$2.7B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
HXL
HXL
Q1 26
$54.1M
Q4 25
$729.6M
$71.0M
Q3 25
$757.9M
$90.5M
Q2 25
$790.4M
$77.2M
Q1 25
$722.8M
$89.2M
Q4 24
$697.9M
$125.4M
Q3 24
$482.2M
$98.2M
Q2 24
$566.1M
$75.4M
Total Debt
BOX
BOX
HXL
HXL
Q1 26
$998.1M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BOX
BOX
HXL
HXL
Q1 26
$1.3B
Q4 25
$-286.6M
$1.3B
Q3 25
$-269.4M
$1.6B
Q2 25
$-280.1M
$1.6B
Q1 25
$-297.0M
$1.5B
Q4 24
$-479.9M
$1.5B
Q3 24
$-439.4M
$1.6B
Q2 24
$-397.9M
$1.6B
Total Assets
BOX
BOX
HXL
HXL
Q1 26
$2.7B
Q4 25
$1.6B
$2.7B
Q3 25
$1.6B
$2.8B
Q2 25
$1.6B
$2.8B
Q1 25
$1.7B
$2.8B
Q4 24
$1.4B
$2.7B
Q3 24
$1.1B
$2.9B
Q2 24
$1.2B
$2.8B
Debt / Equity
BOX
BOX
HXL
HXL
Q1 26
0.79×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
HXL
HXL
Operating Cash FlowLast quarter
$73.0M
Free Cash FlowOCF − Capex
$71.3M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
0.6%
3.2%
Cash ConversionOCF / Net Profit
6.05×
TTM Free Cash FlowTrailing 4 quarters
$343.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOX
BOX
HXL
HXL
Q1 26
Q4 25
$73.0M
$125.5M
Q3 25
$46.0M
$110.2M
Q2 25
$127.1M
$23.3M
Q1 25
$102.2M
$-28.5M
Q4 24
$62.6M
$162.6M
Q3 24
$36.3M
$90.1M
Q2 24
$131.2M
$44.2M
Free Cash Flow
BOX
BOX
HXL
HXL
Q1 26
Q4 25
$71.3M
$107.3M
Q3 25
$43.9M
$96.5M
Q2 25
$126.7M
$8.0M
Q1 25
$101.5M
$-54.6M
Q4 24
$62.3M
$144.0M
Q3 24
$35.9M
$73.3M
Q2 24
$129.9M
$21.3M
FCF Margin
BOX
BOX
HXL
HXL
Q1 26
Q4 25
23.7%
21.8%
Q3 25
14.9%
21.2%
Q2 25
45.9%
1.6%
Q1 25
36.3%
-12.0%
Q4 24
22.6%
30.4%
Q3 24
13.3%
16.1%
Q2 24
49.1%
4.3%
Capex Intensity
BOX
BOX
HXL
HXL
Q1 26
3.2%
Q4 25
0.6%
3.7%
Q3 25
0.7%
3.0%
Q2 25
0.1%
3.1%
Q1 25
0.2%
5.7%
Q4 24
0.1%
3.9%
Q3 24
0.1%
3.7%
Q2 24
0.5%
4.6%
Cash Conversion
BOX
BOX
HXL
HXL
Q1 26
Q4 25
6.05×
2.70×
Q3 25
3.42×
5.35×
Q2 25
15.51×
1.73×
Q1 25
0.53×
-0.99×
Q4 24
4.85×
28.03×
Q3 24
1.77×
2.26×
Q2 24
7.62×
0.88×

Financial Flow Comparison

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

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