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Side-by-side financial comparison of BOX INC (BOX) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.

BOX INC is the larger business by last-quarter revenue ($301.1M vs $242.1M, roughly 1.2× ONESPAWORLD HOLDINGS Ltd). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs 4.0%, a 1.0% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs 9.1%). BOX INC produced more free cash flow last quarter ($71.3M vs $14.9M). Over the past eight quarters, ONESPAWORLD HOLDINGS Ltd's revenue compounded faster (7.1% 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...

BOX vs OSW — Head-to-Head

Bigger by revenue
BOX
BOX
1.2× larger
BOX
$301.1M
$242.1M
OSW
Growing faster (revenue YoY)
OSW
OSW
+2.3% gap
OSW
11.5%
9.1%
BOX
Higher net margin
OSW
OSW
1.0% more per $
OSW
5.0%
4.0%
BOX
More free cash flow
BOX
BOX
$56.4M more FCF
BOX
$71.3M
$14.9M
OSW
Faster 2-yr revenue CAGR
OSW
OSW
Annualised
OSW
7.1%
7.0%
BOX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOX
BOX
OSW
OSW
Revenue
$301.1M
$242.1M
Net Profit
$12.1M
$12.1M
Gross Margin
79.6%
Operating Margin
8.3%
6.8%
Net Margin
4.0%
5.0%
Revenue YoY
9.1%
11.5%
Net Profit YoY
-6.4%
-16.2%
EPS (diluted)
$0.05
$0.12

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
OSW
OSW
Q4 25
$301.1M
$242.1M
Q3 25
$294.0M
$258.5M
Q2 25
$276.3M
$240.7M
Q1 25
$279.5M
$219.6M
Q4 24
$275.9M
$217.2M
Q3 24
$270.0M
$241.7M
Q2 24
$264.7M
$224.9M
Q1 24
$262.9M
$211.2M
Net Profit
BOX
BOX
OSW
OSW
Q4 25
$12.1M
$12.1M
Q3 25
$13.4M
$24.3M
Q2 25
$8.2M
$19.9M
Q1 25
$194.0M
$15.3M
Q4 24
$12.9M
$14.4M
Q3 24
$20.5M
$21.6M
Q2 24
$17.2M
$15.8M
Q1 24
$99.2M
$21.2M
Gross Margin
BOX
BOX
OSW
OSW
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
OSW
OSW
Q4 25
8.3%
6.8%
Q3 25
7.0%
10.2%
Q2 25
2.3%
9.2%
Q1 25
6.4%
7.7%
Q4 24
8.5%
7.9%
Q3 24
7.5%
10.3%
Q2 24
6.8%
8.4%
Q1 24
8.1%
8.0%
Net Margin
BOX
BOX
OSW
OSW
Q4 25
4.0%
5.0%
Q3 25
4.6%
9.4%
Q2 25
3.0%
8.3%
Q1 25
69.4%
7.0%
Q4 24
4.7%
6.6%
Q3 24
7.6%
8.9%
Q2 24
6.5%
7.0%
Q1 24
37.7%
10.0%
EPS (diluted)
BOX
BOX
OSW
OSW
Q4 25
$0.05
$0.12
Q3 25
$0.05
$0.23
Q2 25
$0.02
$0.19
Q1 25
$1.13
$0.15
Q4 24
$0.05
$0.13
Q3 24
$0.10
$0.20
Q2 24
$0.08
$0.15
Q1 24
$0.57
$0.21

Balance Sheet & Financial Strength

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

Metric
BOX
BOX
OSW
OSW
Cash + ST InvestmentsLiquidity on hand
$729.6M
$16.3M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$-286.6M
$542.6M
Total Assets
$1.6B
$707.1M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
OSW
OSW
Q4 25
$729.6M
$16.3M
Q3 25
$757.9M
$29.6M
Q2 25
$790.4M
$35.0M
Q1 25
$722.8M
$22.6M
Q4 24
$697.9M
$57.4M
Q3 24
$482.2M
$48.8M
Q2 24
$566.1M
$62.5M
Q1 24
$480.7M
$65.4M
Total Debt
BOX
BOX
OSW
OSW
Q4 25
$84.0M
Q3 25
$85.2M
Q2 25
$96.2M
Q1 25
$97.4M
Q4 24
$98.6M
Q3 24
$98.7M
Q2 24
$123.8M
Q1 24
$138.6M
Stockholders' Equity
BOX
BOX
OSW
OSW
Q4 25
$-286.6M
$542.6M
Q3 25
$-269.4M
$552.8M
Q2 25
$-280.1M
$548.3M
Q1 25
$-297.0M
$530.6M
Q4 24
$-479.9M
$554.5M
Q3 24
$-439.4M
$540.1M
Q2 24
$-397.9M
$532.7M
Q1 24
$-431.1M
$515.5M
Total Assets
BOX
BOX
OSW
OSW
Q4 25
$1.6B
$707.1M
Q3 25
$1.6B
$732.6M
Q2 25
$1.6B
$731.8M
Q1 25
$1.7B
$708.7M
Q4 24
$1.4B
$746.4M
Q3 24
$1.1B
$734.0M
Q2 24
$1.2B
$756.8M
Q1 24
$1.2B
$763.6M
Debt / Equity
BOX
BOX
OSW
OSW
Q4 25
0.15×
Q3 25
0.15×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.23×
Q1 24
0.27×

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
OSW
OSW
Operating Cash FlowLast quarter
$73.0M
$20.0M
Free Cash FlowOCF − Capex
$71.3M
$14.9M
FCF MarginFCF / Revenue
23.7%
6.2%
Capex IntensityCapex / Revenue
0.6%
2.1%
Cash ConversionOCF / Net Profit
6.05×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$343.5M
$68.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOX
BOX
OSW
OSW
Q4 25
$73.0M
$20.0M
Q3 25
$46.0M
$33.2M
Q2 25
$127.1M
$20.3M
Q1 25
$102.2M
$10.1M
Q4 24
$62.6M
$16.6M
Q3 24
$36.3M
$28.6M
Q2 24
$131.2M
$18.7M
Q1 24
$89.3M
$15.0M
Free Cash Flow
BOX
BOX
OSW
OSW
Q4 25
$71.3M
$14.9M
Q3 25
$43.9M
$27.6M
Q2 25
$126.7M
$17.6M
Q1 25
$101.5M
$8.4M
Q4 24
$62.3M
$13.2M
Q3 24
$35.9M
$27.5M
Q2 24
$129.9M
$17.6M
Q1 24
$89.1M
$13.7M
FCF Margin
BOX
BOX
OSW
OSW
Q4 25
23.7%
6.2%
Q3 25
14.9%
10.7%
Q2 25
45.9%
7.3%
Q1 25
36.3%
3.8%
Q4 24
22.6%
6.1%
Q3 24
13.3%
11.4%
Q2 24
49.1%
7.8%
Q1 24
33.9%
6.5%
Capex Intensity
BOX
BOX
OSW
OSW
Q4 25
0.6%
2.1%
Q3 25
0.7%
2.2%
Q2 25
0.1%
1.1%
Q1 25
0.2%
0.8%
Q4 24
0.1%
1.5%
Q3 24
0.1%
0.5%
Q2 24
0.5%
0.5%
Q1 24
0.1%
0.6%
Cash Conversion
BOX
BOX
OSW
OSW
Q4 25
6.05×
1.65×
Q3 25
3.42×
1.36×
Q2 25
15.51×
1.02×
Q1 25
0.53×
0.66×
Q4 24
4.85×
1.15×
Q3 24
1.77×
1.33×
Q2 24
7.62×
1.19×
Q1 24
0.90×
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BOX
BOX

Segment breakdown not available.

OSW
OSW

Services$197.3M82%
Products$44.8M18%

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