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

BOX INC is the larger business by last-quarter revenue ($301.1M vs $297.1M, roughly 1.0× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 4.0%, a 51.6% gap on every dollar of revenue. On growth, BOX INC posted the faster year-over-year revenue change (9.1% vs -3.0%). Over the past eight quarters, BOX INC's revenue compounded faster (7.0% CAGR vs -1.4%).

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...

MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.

BOX vs MTG — Head-to-Head

Bigger by revenue
BOX
BOX
1.0× larger
BOX
$301.1M
$297.1M
MTG
Growing faster (revenue YoY)
BOX
BOX
+12.1% gap
BOX
9.1%
-3.0%
MTG
Higher net margin
MTG
MTG
51.6% more per $
MTG
55.6%
4.0%
BOX
Faster 2-yr revenue CAGR
BOX
BOX
Annualised
BOX
7.0%
-1.4%
MTG

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
BOX
BOX
MTG
MTG
Revenue
$301.1M
$297.1M
Net Profit
$12.1M
$165.3M
Gross Margin
79.6%
Operating Margin
8.3%
Net Margin
4.0%
55.6%
Revenue YoY
9.1%
-3.0%
Net Profit YoY
-6.4%
-10.9%
EPS (diluted)
$0.05
$0.76

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
MTG
MTG
Q1 26
$297.1M
Q4 25
$301.1M
$298.7M
Q3 25
$294.0M
$304.5M
Q2 25
$276.3M
$304.2M
Q1 25
$279.5M
$306.2M
Q4 24
$275.9M
$301.4M
Q3 24
$270.0M
$306.6M
Q2 24
$264.7M
$305.3M
Net Profit
BOX
BOX
MTG
MTG
Q1 26
$165.3M
Q4 25
$12.1M
$169.3M
Q3 25
$13.4M
$191.1M
Q2 25
$8.2M
$192.5M
Q1 25
$194.0M
$185.5M
Q4 24
$12.9M
$184.7M
Q3 24
$20.5M
$200.0M
Q2 24
$17.2M
$204.2M
Gross Margin
BOX
BOX
MTG
MTG
Q1 26
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%
Operating Margin
BOX
BOX
MTG
MTG
Q1 26
Q4 25
8.3%
71.2%
Q3 25
7.0%
77.2%
Q2 25
2.3%
80.9%
Q1 25
6.4%
76.6%
Q4 24
8.5%
77.9%
Q3 24
7.5%
82.9%
Q2 24
6.8%
85.1%
Net Margin
BOX
BOX
MTG
MTG
Q1 26
55.6%
Q4 25
4.0%
56.7%
Q3 25
4.6%
62.8%
Q2 25
3.0%
63.3%
Q1 25
69.4%
60.6%
Q4 24
4.7%
61.3%
Q3 24
7.6%
65.2%
Q2 24
6.5%
66.9%
EPS (diluted)
BOX
BOX
MTG
MTG
Q1 26
$0.76
Q4 25
$0.05
$0.75
Q3 25
$0.05
$0.83
Q2 25
$0.02
$0.81
Q1 25
$1.13
$0.75
Q4 24
$0.05
$0.71
Q3 24
$0.10
$0.77
Q2 24
$0.08
$0.77

Balance Sheet & Financial Strength

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

Metric
BOX
BOX
MTG
MTG
Cash + ST InvestmentsLiquidity on hand
$729.6M
$235.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$-286.6M
$5.0B
Total Assets
$1.6B
$6.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
MTG
MTG
Q1 26
$235.1M
Q4 25
$729.6M
$369.0M
Q3 25
$757.9M
$266.9M
Q2 25
$790.4M
$294.9M
Q1 25
$722.8M
$207.0M
Q4 24
$697.9M
$229.5M
Q3 24
$482.2M
$288.6M
Q2 24
$566.1M
$281.8M
Stockholders' Equity
BOX
BOX
MTG
MTG
Q1 26
$5.0B
Q4 25
$-286.6M
$5.1B
Q3 25
$-269.4M
$5.2B
Q2 25
$-280.1M
$5.2B
Q1 25
$-297.0M
$5.1B
Q4 24
$-479.9M
$5.2B
Q3 24
$-439.4M
$5.3B
Q2 24
$-397.9M
$5.1B
Total Assets
BOX
BOX
MTG
MTG
Q1 26
$6.4B
Q4 25
$1.6B
$6.6B
Q3 25
$1.6B
$6.6B
Q2 25
$1.6B
$6.5B
Q1 25
$1.7B
$6.5B
Q4 24
$1.4B
$6.5B
Q3 24
$1.1B
$6.7B
Q2 24
$1.2B
$6.5B

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
MTG
MTG
Operating Cash FlowLast quarter
$73.0M
Free Cash FlowOCF − Capex
$71.3M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
0.6%
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
MTG
MTG
Q1 26
Q4 25
$73.0M
$230.8M
Q3 25
$46.0M
$215.4M
Q2 25
$127.1M
$183.0M
Q1 25
$102.2M
$223.7M
Q4 24
$62.6M
$182.4M
Q3 24
$36.3M
$182.9M
Q2 24
$131.2M
$169.2M
Free Cash Flow
BOX
BOX
MTG
MTG
Q1 26
Q4 25
$71.3M
$230.2M
Q3 25
$43.9M
$215.1M
Q2 25
$126.7M
$183.0M
Q1 25
$101.5M
$223.5M
Q4 24
$62.3M
$181.9M
Q3 24
$35.9M
$182.5M
Q2 24
$129.9M
$169.0M
FCF Margin
BOX
BOX
MTG
MTG
Q1 26
Q4 25
23.7%
77.1%
Q3 25
14.9%
70.6%
Q2 25
45.9%
60.1%
Q1 25
36.3%
73.0%
Q4 24
22.6%
60.3%
Q3 24
13.3%
59.5%
Q2 24
49.1%
55.3%
Capex Intensity
BOX
BOX
MTG
MTG
Q1 26
Q4 25
0.6%
0.2%
Q3 25
0.7%
0.1%
Q2 25
0.1%
0.0%
Q1 25
0.2%
0.0%
Q4 24
0.1%
0.2%
Q3 24
0.1%
0.1%
Q2 24
0.5%
0.1%
Cash Conversion
BOX
BOX
MTG
MTG
Q1 26
Q4 25
6.05×
1.36×
Q3 25
3.42×
1.13×
Q2 25
15.51×
0.95×
Q1 25
0.53×
1.21×
Q4 24
4.85×
0.99×
Q3 24
1.77×
0.91×
Q2 24
7.62×
0.83×

Financial Flow Comparison

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

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