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Side-by-side financial comparison of BOX INC (BOX) and Regency Centers (REG). Click either name above to swap in a different company.

Regency Centers is the larger business by last-quarter revenue ($404.2M vs $301.1M, roughly 1.3× BOX INC). Regency Centers runs the higher net margin — 50.1% vs 4.0%, a 46.1% gap on every dollar of revenue. On growth, BOX INC posted the faster year-over-year revenue change (9.1% vs 8.5%). Over the past eight quarters, BOX INC's revenue compounded faster (7.0% CAGR vs 5.4%).

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...

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

BOX vs REG — Head-to-Head

Bigger by revenue
REG
REG
1.3× larger
REG
$404.2M
$301.1M
BOX
Growing faster (revenue YoY)
BOX
BOX
+0.6% gap
BOX
9.1%
8.5%
REG
Higher net margin
REG
REG
46.1% more per $
REG
50.1%
4.0%
BOX
Faster 2-yr revenue CAGR
BOX
BOX
Annualised
BOX
7.0%
5.4%
REG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOX
BOX
REG
REG
Revenue
$301.1M
$404.2M
Net Profit
$12.1M
$202.5M
Gross Margin
79.6%
Operating Margin
8.3%
71.0%
Net Margin
4.0%
50.1%
Revenue YoY
9.1%
8.5%
Net Profit YoY
-6.4%
134.1%
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
REG
REG
Q4 25
$301.1M
$404.2M
Q3 25
$294.0M
$387.6M
Q2 25
$276.3M
$380.8M
Q1 25
$279.5M
$380.9M
Q4 24
$275.9M
$372.5M
Q3 24
$270.0M
$360.3M
Q2 24
$264.7M
$357.3M
Q1 24
$262.9M
$363.9M
Net Profit
BOX
BOX
REG
REG
Q4 25
$12.1M
$202.5M
Q3 25
$13.4M
$109.4M
Q2 25
$8.2M
$106.0M
Q1 25
$194.0M
$109.6M
Q4 24
$12.9M
$86.5M
Q3 24
$20.5M
$101.5M
Q2 24
$17.2M
$102.7M
Q1 24
$99.2M
$109.8M
Gross Margin
BOX
BOX
REG
REG
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
REG
REG
Q4 25
8.3%
71.0%
Q3 25
7.0%
72.7%
Q2 25
2.3%
73.8%
Q1 25
6.4%
71.8%
Q4 24
8.5%
71.1%
Q3 24
7.5%
72.5%
Q2 24
6.8%
72.3%
Q1 24
8.1%
72.3%
Net Margin
BOX
BOX
REG
REG
Q4 25
4.0%
50.1%
Q3 25
4.6%
28.2%
Q2 25
3.0%
27.8%
Q1 25
69.4%
28.8%
Q4 24
4.7%
23.2%
Q3 24
7.6%
28.2%
Q2 24
6.5%
28.7%
Q1 24
37.7%
30.2%
EPS (diluted)
BOX
BOX
REG
REG
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
REG
REG
Cash + ST InvestmentsLiquidity on hand
$729.6M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$-286.6M
$6.9B
Total Assets
$1.6B
$13.0B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
REG
REG
Q4 25
$729.6M
Q3 25
$757.9M
Q2 25
$790.4M
Q1 25
$722.8M
Q4 24
$697.9M
Q3 24
$482.2M
Q2 24
$566.1M
Q1 24
$480.7M
Total Debt
BOX
BOX
REG
REG
Q4 25
$4.7B
Q3 25
$4.9B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
BOX
BOX
REG
REG
Q4 25
$-286.6M
$6.9B
Q3 25
$-269.4M
$6.8B
Q2 25
$-280.1M
$6.7B
Q1 25
$-297.0M
$6.7B
Q4 24
$-479.9M
$6.7B
Q3 24
$-439.4M
$6.8B
Q2 24
$-397.9M
$6.8B
Q1 24
$-431.1M
$7.0B
Total Assets
BOX
BOX
REG
REG
Q4 25
$1.6B
$13.0B
Q3 25
$1.6B
$13.1B
Q2 25
$1.6B
$12.7B
Q1 25
$1.7B
$12.6B
Q4 24
$1.4B
$12.4B
Q3 24
$1.1B
$12.4B
Q2 24
$1.2B
$12.4B
Q1 24
$1.2B
$12.7B
Debt / Equity
BOX
BOX
REG
REG
Q4 25
0.69×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
0.65×
Q2 24
0.64×
Q1 24
0.63×

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
REG
REG
Operating Cash FlowLast quarter
$73.0M
$203.9M
Free Cash FlowOCF − Capex
$71.3M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
6.05×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$343.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOX
BOX
REG
REG
Q4 25
$73.0M
$203.9M
Q3 25
$46.0M
$218.7M
Q2 25
$127.1M
$244.0M
Q1 25
$102.2M
$161.0M
Q4 24
$62.6M
$191.4M
Q3 24
$36.3M
$227.6M
Q2 24
$131.2M
$203.5M
Q1 24
$89.3M
$167.8M
Free Cash Flow
BOX
BOX
REG
REG
Q4 25
$71.3M
Q3 25
$43.9M
Q2 25
$126.7M
Q1 25
$101.5M
Q4 24
$62.3M
Q3 24
$35.9M
Q2 24
$129.9M
Q1 24
$89.1M
FCF Margin
BOX
BOX
REG
REG
Q4 25
23.7%
Q3 25
14.9%
Q2 25
45.9%
Q1 25
36.3%
Q4 24
22.6%
Q3 24
13.3%
Q2 24
49.1%
Q1 24
33.9%
Capex Intensity
BOX
BOX
REG
REG
Q4 25
0.6%
Q3 25
0.7%
Q2 25
0.1%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.5%
Q1 24
0.1%
Cash Conversion
BOX
BOX
REG
REG
Q4 25
6.05×
1.01×
Q3 25
3.42×
2.00×
Q2 25
15.51×
2.30×
Q1 25
0.53×
1.47×
Q4 24
4.85×
2.21×
Q3 24
1.77×
2.24×
Q2 24
7.62×
1.98×
Q1 24
0.90×
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BOX
BOX

Segment breakdown not available.

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

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