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Side-by-side financial comparison of BOX INC (BOX) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.

BOX INC is the larger business by last-quarter revenue ($301.1M vs $252.6M, roughly 1.2× PicoCELA Inc.). BOX INC runs the higher net margin — 4.0% vs -125.2%, a 129.2% gap on every dollar of revenue. BOX INC produced more free cash flow last quarter ($71.3M vs $-256.6M).

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...

PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.

BOX vs PCLA — Head-to-Head

Bigger by revenue
BOX
BOX
1.2× larger
BOX
$301.1M
$252.6M
PCLA
Higher net margin
BOX
BOX
129.2% more per $
BOX
4.0%
-125.2%
PCLA
More free cash flow
BOX
BOX
$327.9M more FCF
BOX
$71.3M
$-256.6M
PCLA

Income Statement — Q3 FY2026 vs Q2 FY2025

Metric
BOX
BOX
PCLA
PCLA
Revenue
$301.1M
$252.6M
Net Profit
$12.1M
$-316.2M
Gross Margin
79.6%
Operating Margin
8.3%
-114.8%
Net Margin
4.0%
-125.2%
Revenue YoY
9.1%
Net Profit YoY
-6.4%
EPS (diluted)
$0.05

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
PCLA
PCLA
Q4 25
$301.1M
Q3 25
$294.0M
Q2 25
$276.3M
Q1 25
$279.5M
$252.6M
Q4 24
$275.9M
Q3 24
$270.0M
Q2 24
$264.7M
Q1 24
$262.9M
Net Profit
BOX
BOX
PCLA
PCLA
Q4 25
$12.1M
Q3 25
$13.4M
Q2 25
$8.2M
Q1 25
$194.0M
$-316.2M
Q4 24
$12.9M
Q3 24
$20.5M
Q2 24
$17.2M
Q1 24
$99.2M
Gross Margin
BOX
BOX
PCLA
PCLA
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
PCLA
PCLA
Q4 25
8.3%
Q3 25
7.0%
Q2 25
2.3%
Q1 25
6.4%
-114.8%
Q4 24
8.5%
Q3 24
7.5%
Q2 24
6.8%
Q1 24
8.1%
Net Margin
BOX
BOX
PCLA
PCLA
Q4 25
4.0%
Q3 25
4.6%
Q2 25
3.0%
Q1 25
69.4%
-125.2%
Q4 24
4.7%
Q3 24
7.6%
Q2 24
6.5%
Q1 24
37.7%
EPS (diluted)
BOX
BOX
PCLA
PCLA
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
Q1 24
$0.57

Balance Sheet & Financial Strength

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

Metric
BOX
BOX
PCLA
PCLA
Cash + ST InvestmentsLiquidity on hand
$729.6M
$456.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$-286.6M
$354.8M
Total Assets
$1.6B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
PCLA
PCLA
Q4 25
$729.6M
Q3 25
$757.9M
Q2 25
$790.4M
Q1 25
$722.8M
$456.8M
Q4 24
$697.9M
Q3 24
$482.2M
Q2 24
$566.1M
Q1 24
$480.7M
Stockholders' Equity
BOX
BOX
PCLA
PCLA
Q4 25
$-286.6M
Q3 25
$-269.4M
Q2 25
$-280.1M
Q1 25
$-297.0M
$354.8M
Q4 24
$-479.9M
Q3 24
$-439.4M
Q2 24
$-397.9M
Q1 24
$-431.1M
Total Assets
BOX
BOX
PCLA
PCLA
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.7B
$1.2B
Q4 24
$1.4B
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$1.2B

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
PCLA
PCLA
Operating Cash FlowLast quarter
$73.0M
$-245.6M
Free Cash FlowOCF − Capex
$71.3M
$-256.6M
FCF MarginFCF / Revenue
23.7%
-101.6%
Capex IntensityCapex / Revenue
0.6%
4.3%
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
PCLA
PCLA
Q4 25
$73.0M
Q3 25
$46.0M
Q2 25
$127.1M
Q1 25
$102.2M
$-245.6M
Q4 24
$62.6M
Q3 24
$36.3M
Q2 24
$131.2M
Q1 24
$89.3M
Free Cash Flow
BOX
BOX
PCLA
PCLA
Q4 25
$71.3M
Q3 25
$43.9M
Q2 25
$126.7M
Q1 25
$101.5M
$-256.6M
Q4 24
$62.3M
Q3 24
$35.9M
Q2 24
$129.9M
Q1 24
$89.1M
FCF Margin
BOX
BOX
PCLA
PCLA
Q4 25
23.7%
Q3 25
14.9%
Q2 25
45.9%
Q1 25
36.3%
-101.6%
Q4 24
22.6%
Q3 24
13.3%
Q2 24
49.1%
Q1 24
33.9%
Capex Intensity
BOX
BOX
PCLA
PCLA
Q4 25
0.6%
Q3 25
0.7%
Q2 25
0.1%
Q1 25
0.2%
4.3%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.5%
Q1 24
0.1%
Cash Conversion
BOX
BOX
PCLA
PCLA
Q4 25
6.05×
Q3 25
3.42×
Q2 25
15.51×
Q1 25
0.53×
Q4 24
4.85×
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.

PCLA
PCLA

Revenue from product$179.1M71%
Revenue from SaaS, Maintenance and others$42.4M17%
Revenue from product – related party$31.0M12%

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