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Side-by-side financial comparison of BOX INC (BOX) and Ingevity Corp (NGVT). Click either name above to swap in a different company.

BOX INC is the larger business by last-quarter revenue ($301.1M vs $185.4M, roughly 1.6× Ingevity Corp). BOX INC runs the higher net margin — 4.0% vs -45.6%, a 49.6% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs 9.1%). Ingevity Corp produced more free cash flow last quarter ($73.5M vs $71.3M). Over the past eight quarters, BOX INC's revenue compounded faster (7.0% CAGR vs -26.2%).

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...

Ingevity Corp is a global specialty chemicals and advanced materials manufacturer. It produces high-performance carbon materials, pavement preservation solutions, and specialty chemicals, serving automotive emissions control, industrial purification, road infrastructure, and agricultural input markets across North America, Europe, and Asia Pacific.

BOX vs NGVT — Head-to-Head

Bigger by revenue
BOX
BOX
1.6× larger
BOX
$301.1M
$185.4M
NGVT
Growing faster (revenue YoY)
NGVT
NGVT
+27.6% gap
NGVT
36.7%
9.1%
BOX
Higher net margin
BOX
BOX
49.6% more per $
BOX
4.0%
-45.6%
NGVT
More free cash flow
NGVT
NGVT
$2.2M more FCF
NGVT
$73.5M
$71.3M
BOX
Faster 2-yr revenue CAGR
BOX
BOX
Annualised
BOX
7.0%
-26.2%
NGVT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOX
BOX
NGVT
NGVT
Revenue
$301.1M
$185.4M
Net Profit
$12.1M
$-84.6M
Gross Margin
79.6%
41.2%
Operating Margin
8.3%
-47.7%
Net Margin
4.0%
-45.6%
Revenue YoY
9.1%
36.7%
Net Profit YoY
-6.4%
-609.6%
EPS (diluted)
$0.05
$-2.33

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
NGVT
NGVT
Q4 25
$301.1M
$185.4M
Q3 25
$294.0M
$333.1M
Q2 25
$276.3M
$365.1M
Q1 25
$279.5M
$284.0M
Q4 24
$275.9M
$135.6M
Q3 24
$270.0M
$333.8M
Q2 24
$264.7M
$390.6M
Q1 24
$262.9M
$340.1M
Net Profit
BOX
BOX
NGVT
NGVT
Q4 25
$12.1M
$-84.6M
Q3 25
$13.4M
$43.5M
Q2 25
$8.2M
$-146.5M
Q1 25
$194.0M
$20.5M
Q4 24
$12.9M
$16.6M
Q3 24
$20.5M
$-107.2M
Q2 24
$17.2M
$-283.7M
Q1 24
$99.2M
$-56.0M
Gross Margin
BOX
BOX
NGVT
NGVT
Q4 25
79.6%
41.2%
Q3 25
79.1%
40.2%
Q2 25
78.0%
37.8%
Q1 25
79.0%
39.9%
Q4 24
79.9%
81.3%
Q3 24
79.4%
39.4%
Q2 24
78.0%
31.5%
Q1 24
76.1%
29.3%
Operating Margin
BOX
BOX
NGVT
NGVT
Q4 25
8.3%
-47.7%
Q3 25
7.0%
18.7%
Q2 25
2.3%
-39.1%
Q1 25
6.4%
9.4%
Q4 24
8.5%
Q3 24
7.5%
33.0%
Q2 24
6.8%
25.9%
Q1 24
8.1%
22.6%
Net Margin
BOX
BOX
NGVT
NGVT
Q4 25
4.0%
-45.6%
Q3 25
4.6%
13.1%
Q2 25
3.0%
-40.1%
Q1 25
69.4%
7.2%
Q4 24
4.7%
12.2%
Q3 24
7.6%
-32.1%
Q2 24
6.5%
-72.6%
Q1 24
37.7%
-16.5%
EPS (diluted)
BOX
BOX
NGVT
NGVT
Q4 25
$0.05
$-2.33
Q3 25
$0.05
$1.18
Q2 25
$0.02
$-4.02
Q1 25
$1.13
$0.56
Q4 24
$0.05
$0.44
Q3 24
$0.10
$-2.94
Q2 24
$0.08
$-7.81
Q1 24
$0.57
$-1.54

Balance Sheet & Financial Strength

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

Metric
BOX
BOX
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$729.6M
$78.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$-286.6M
$29.7M
Total Assets
$1.6B
$1.7B
Debt / EquityLower = less leverage
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
NGVT
NGVT
Q4 25
$729.6M
$78.1M
Q3 25
$757.9M
$83.4M
Q2 25
$790.4M
$76.9M
Q1 25
$722.8M
$71.5M
Q4 24
$697.9M
$68.0M
Q3 24
$482.2M
$135.5M
Q2 24
$566.1M
$107.4M
Q1 24
$480.7M
$88.5M
Total Debt
BOX
BOX
NGVT
NGVT
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BOX
BOX
NGVT
NGVT
Q4 25
$-286.6M
$29.7M
Q3 25
$-269.4M
$138.1M
Q2 25
$-280.1M
$120.7M
Q1 25
$-297.0M
$234.6M
Q4 24
$-479.9M
$195.2M
Q3 24
$-439.4M
$214.5M
Q2 24
$-397.9M
$284.8M
Q1 24
$-431.1M
$568.2M
Total Assets
BOX
BOX
NGVT
NGVT
Q4 25
$1.6B
$1.7B
Q3 25
$1.6B
$1.8B
Q2 25
$1.6B
$1.9B
Q1 25
$1.7B
$2.1B
Q4 24
$1.4B
$2.0B
Q3 24
$1.1B
$2.2B
Q2 24
$1.2B
$2.3B
Q1 24
$1.2B
$2.6B
Debt / Equity
BOX
BOX
NGVT
NGVT
Q4 25
39.10×
Q3 25
8.39×
Q2 25
10.24×
Q1 25
5.68×
Q4 24
6.86×
Q3 24
6.52×
Q2 24
4.92×
Q1 24
2.48×

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
NGVT
NGVT
Operating Cash FlowLast quarter
$73.0M
$97.1M
Free Cash FlowOCF − Capex
$71.3M
$73.5M
FCF MarginFCF / Revenue
23.7%
39.6%
Capex IntensityCapex / Revenue
0.6%
12.7%
Cash ConversionOCF / Net Profit
6.05×
TTM Free Cash FlowTrailing 4 quarters
$343.5M
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOX
BOX
NGVT
NGVT
Q4 25
$73.0M
$97.1M
Q3 25
$46.0M
$129.7M
Q2 25
$127.1M
$79.0M
Q1 25
$102.2M
$25.4M
Q4 24
$62.6M
$64.5M
Q3 24
$36.3M
$46.5M
Q2 24
$131.2M
$29.7M
Q1 24
$89.3M
$-12.1M
Free Cash Flow
BOX
BOX
NGVT
NGVT
Q4 25
$71.3M
$73.5M
Q3 25
$43.9M
$117.8M
Q2 25
$126.7M
$66.8M
Q1 25
$101.5M
$15.4M
Q4 24
$62.3M
$39.6M
Q3 24
$35.9M
$28.5M
Q2 24
$129.9M
$11.6M
Q1 24
$89.1M
$-28.7M
FCF Margin
BOX
BOX
NGVT
NGVT
Q4 25
23.7%
39.6%
Q3 25
14.9%
35.4%
Q2 25
45.9%
18.3%
Q1 25
36.3%
5.4%
Q4 24
22.6%
29.2%
Q3 24
13.3%
8.5%
Q2 24
49.1%
3.0%
Q1 24
33.9%
-8.4%
Capex Intensity
BOX
BOX
NGVT
NGVT
Q4 25
0.6%
12.7%
Q3 25
0.7%
3.6%
Q2 25
0.1%
3.3%
Q1 25
0.2%
3.5%
Q4 24
0.1%
18.4%
Q3 24
0.1%
5.4%
Q2 24
0.5%
4.6%
Q1 24
0.1%
4.9%
Cash Conversion
BOX
BOX
NGVT
NGVT
Q4 25
6.05×
Q3 25
3.42×
2.98×
Q2 25
15.51×
Q1 25
0.53×
1.24×
Q4 24
4.85×
3.89×
Q3 24
1.77×
Q2 24
7.62×
Q1 24
0.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BOX
BOX

Segment breakdown not available.

NGVT
NGVT

Performance Materials$151.2M82%
Advanced Polymer Technologies Segment$36.5M20%

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