vs

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

BOX INC is the larger business by last-quarter revenue ($301.1M vs $217.7M, roughly 1.4× INTERNATIONAL BANCSHARES CORP). INTERNATIONAL BANCSHARES CORP runs the higher net margin — 62.3% vs 4.0%, a 58.3% gap on every dollar of revenue. On growth, BOX INC posted the faster year-over-year revenue change (9.1% vs 4.5%). INTERNATIONAL BANCSHARES CORP produced more free cash flow last quarter ($472.9M vs $71.3M). Over the past eight quarters, BOX INC's revenue compounded faster (7.0% CAGR vs 2.8%).

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...

International Bancshares Corporation is a bank holding company based in Laredo, Texas whose primary subsidiary is International Bank of Commerce. Through its bank subsidiaries, it has 217 banking offices and 315 automated teller machines serving 88 communities in the U.S. states of Texas and Oklahoma.

BOX vs IBOC — Head-to-Head

Bigger by revenue
BOX
BOX
1.4× larger
BOX
$301.1M
$217.7M
IBOC
Growing faster (revenue YoY)
BOX
BOX
+4.6% gap
BOX
9.1%
4.5%
IBOC
Higher net margin
IBOC
IBOC
58.3% more per $
IBOC
62.3%
4.0%
BOX
More free cash flow
IBOC
IBOC
$401.6M more FCF
IBOC
$472.9M
$71.3M
BOX
Faster 2-yr revenue CAGR
BOX
BOX
Annualised
BOX
7.0%
2.8%
IBOC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOX
BOX
IBOC
IBOC
Revenue
$301.1M
$217.7M
Net Profit
$12.1M
$106.9M
Gross Margin
79.6%
Operating Margin
8.3%
62.8%
Net Margin
4.0%
62.3%
Revenue YoY
9.1%
4.5%
Net Profit YoY
-6.4%
-7.1%
EPS (diluted)
$0.05
$1.71

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
IBOC
IBOC
Q4 25
$301.1M
$217.7M
Q3 25
$294.0M
$218.1M
Q2 25
$276.3M
$208.2M
Q1 25
$279.5M
$198.2M
Q4 24
$275.9M
$208.3M
Q3 24
$270.0M
$211.8M
Q2 24
$264.7M
$207.8M
Q1 24
$262.9M
$205.8M
Net Profit
BOX
BOX
IBOC
IBOC
Q4 25
$12.1M
$106.9M
Q3 25
$13.4M
$108.4M
Q2 25
$8.2M
$100.1M
Q1 25
$194.0M
$96.9M
Q4 24
$12.9M
$115.1M
Q3 24
$20.5M
$99.8M
Q2 24
$17.2M
$97.0M
Q1 24
$99.2M
$97.3M
Gross Margin
BOX
BOX
IBOC
IBOC
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
IBOC
IBOC
Q4 25
8.3%
62.8%
Q3 25
7.0%
62.6%
Q2 25
2.3%
60.5%
Q1 25
6.4%
61.1%
Q4 24
8.5%
64.2%
Q3 24
7.5%
60.0%
Q2 24
6.8%
60.1%
Q1 24
8.1%
59.9%
Net Margin
BOX
BOX
IBOC
IBOC
Q4 25
4.0%
62.3%
Q3 25
4.6%
49.7%
Q2 25
3.0%
48.1%
Q1 25
69.4%
48.9%
Q4 24
4.7%
71.5%
Q3 24
7.6%
47.1%
Q2 24
6.5%
46.7%
Q1 24
37.7%
47.3%
EPS (diluted)
BOX
BOX
IBOC
IBOC
Q4 25
$0.05
$1.71
Q3 25
$0.05
$1.74
Q2 25
$0.02
$1.61
Q1 25
$1.13
$1.56
Q4 24
$0.05
$1.85
Q3 24
$0.10
$1.60
Q2 24
$0.08
$1.56
Q1 24
$0.57
$1.56

Balance Sheet & Financial Strength

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

Metric
BOX
BOX
IBOC
IBOC
Cash + ST InvestmentsLiquidity on hand
$729.6M
$5.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$-286.6M
$3.3B
Total Assets
$1.6B
$16.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
IBOC
IBOC
Q4 25
$729.6M
$5.5B
Q3 25
$757.9M
$5.6B
Q2 25
$790.4M
$5.8B
Q1 25
$722.8M
$5.6B
Q4 24
$697.9M
$5.4B
Q3 24
$482.2M
$5.8B
Q2 24
$566.1M
$5.7B
Q1 24
$480.7M
$5.7B
Stockholders' Equity
BOX
BOX
IBOC
IBOC
Q4 25
$-286.6M
$3.3B
Q3 25
$-269.4M
$3.1B
Q2 25
$-280.1M
$3.0B
Q1 25
$-297.0M
$2.9B
Q4 24
$-479.9M
$2.8B
Q3 24
$-439.4M
$2.7B
Q2 24
$-397.9M
$2.6B
Q1 24
$-431.1M
$2.5B
Total Assets
BOX
BOX
IBOC
IBOC
Q4 25
$1.6B
$16.6B
Q3 25
$1.6B
$16.6B
Q2 25
$1.6B
$16.5B
Q1 25
$1.7B
$16.3B
Q4 24
$1.4B
$15.7B
Q3 24
$1.1B
$15.9B
Q2 24
$1.2B
$15.5B
Q1 24
$1.2B
$15.4B

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
IBOC
IBOC
Operating Cash FlowLast quarter
$73.0M
$491.1M
Free Cash FlowOCF − Capex
$71.3M
$472.9M
FCF MarginFCF / Revenue
23.7%
217.2%
Capex IntensityCapex / Revenue
0.6%
8.3%
Cash ConversionOCF / Net Profit
6.05×
4.59×
TTM Free Cash FlowTrailing 4 quarters
$343.5M
$809.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOX
BOX
IBOC
IBOC
Q4 25
$73.0M
$491.1M
Q3 25
$46.0M
$115.2M
Q2 25
$127.1M
$95.5M
Q1 25
$102.2M
$140.5M
Q4 24
$62.6M
$473.9M
Q3 24
$36.3M
$116.5M
Q2 24
$131.2M
$107.2M
Q1 24
$89.3M
$135.4M
Free Cash Flow
BOX
BOX
IBOC
IBOC
Q4 25
$71.3M
$472.9M
Q3 25
$43.9M
$112.2M
Q2 25
$126.7M
$91.6M
Q1 25
$101.5M
$133.1M
Q4 24
$62.3M
$459.8M
Q3 24
$35.9M
$109.6M
Q2 24
$129.9M
$104.9M
Q1 24
$89.1M
$128.9M
FCF Margin
BOX
BOX
IBOC
IBOC
Q4 25
23.7%
217.2%
Q3 25
14.9%
51.5%
Q2 25
45.9%
44.0%
Q1 25
36.3%
67.1%
Q4 24
22.6%
220.8%
Q3 24
13.3%
51.7%
Q2 24
49.1%
50.5%
Q1 24
33.9%
62.6%
Capex Intensity
BOX
BOX
IBOC
IBOC
Q4 25
0.6%
8.3%
Q3 25
0.7%
1.3%
Q2 25
0.1%
1.9%
Q1 25
0.2%
3.7%
Q4 24
0.1%
6.8%
Q3 24
0.1%
3.3%
Q2 24
0.5%
1.1%
Q1 24
0.1%
3.2%
Cash Conversion
BOX
BOX
IBOC
IBOC
Q4 25
6.05×
4.59×
Q3 25
3.42×
1.06×
Q2 25
15.51×
0.95×
Q1 25
0.53×
1.45×
Q4 24
4.85×
4.12×
Q3 24
1.77×
1.17×
Q2 24
7.62×
1.11×
Q1 24
0.90×
1.39×

Financial Flow Comparison

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

Related Comparisons