Box, Inc. (BOX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 305.94M | 305.88M | 301.11M | 294M | 276.27M | 279.52M | 275.91M | 270.04M | 264.66M | 262.88M | 261.54M | 261.43M | 251.9M | 256.48M | 249.95M | 246.01M | 238.43M | 233.36M | 224.04M | 214.49M |
| Revenue Growth % | 10.74% | 9.43% | 9.13% | 8.87% | 4.39% | 6.33% | 5.5% | 3.29% | 5.07% | 2.5% | 4.64% | 6.27% | 5.65% | 9.91% | 11.56% | 14.7% | 17.78% | 17.32% | 14.31% | 11.54% |
| Cost of Goods Sold | 62.73M | 60.88M | 61.58M | 61.52M | 60.67M | 58.78M | 55.56M | 55.51M | 58.25M | 62.72M | 69.23M | 67.01M | 61.65M | 61.01M | 64.49M | 64.84M | 62.21M | 64.68M | 63.07M | 60.79M |
| COGS % of Revenue | 20.51% | 19.9% | 20.45% | 20.93% | 21.96% | 21.03% | 20.14% | 20.56% | 22.01% | 23.86% | 26.47% | 25.63% | 24.47% | 23.79% | 25.8% | 26.36% | 26.09% | 27.72% | 28.15% | 28.34% |
| Gross Profit | 243.21M | 245M | 239.53M | 232.48M | 215.6M | 220.74M | 220.36M | 214.53M | 206.41M | 200.16M | 192.31M | 194.41M | 190.25M | 195.46M | 185.46M | 181.17M | 176.22M | 168.68M | 160.97M | 153.7M |
| Gross Margin % | 79.49% | 80.1% | 79.55% | 79.07% | 78.04% | 78.97% | 79.86% | 79.44% | 77.99% | 76.14% | 73.53% | 74.37% | 75.53% | 76.21% | 74.2% | 73.64% | 73.91% | 72.28% | 71.85% | 71.66% |
| Gross Profit Growth % | 12.8% | 10.99% | 8.7% | 8.37% | 4.45% | 10.28% | 14.58% | 10.34% | 8.49% | 2.4% | 3.69% | 7.31% | 7.96% | 15.88% | 15.21% | 17.88% | 24.54% | 20.22% | 15.65% | 12.22% |
| Operating Expenses | 215.76M | 213.79M | 214.47M | 211.9M | 209.26M | 202.8M | 196.95M | 194.25M | 188.4M | 178.99M | 180.93M | 184.54M | 181.91M | 175.75M | 172.09M | 178.03M | 175.6M | 168.85M | 172.06M | 159.81M |
| OpEx % of Revenue | 70.52% | 69.89% | 71.23% | 72.07% | 75.74% | 72.55% | 71.38% | 71.93% | 71.19% | 68.09% | 69.18% | 70.59% | 72.22% | 68.53% | 68.85% | 72.37% | 73.65% | 72.35% | 76.8% | 74.51% |
| Selling, General & Admin | 139.85M | 137.21M | 140.52M | 140.18M | 136.96M | 133.93M | 129.08M | 128.8M | 125.73M | 117.09M | 119.91M | 121.22M | 119.39M | 115.03M | 112.99M | 116.07M | 113.87M | 109.74M | 116.22M | 107.09M |
| SG&A % of Revenue | 45.71% | 44.86% | 46.67% | 47.68% | 49.57% | 47.91% | 46.78% | 47.7% | 47.51% | 44.54% | 45.85% | 46.37% | 47.4% | 44.85% | 45.2% | 47.18% | 47.76% | 47.03% | 51.88% | 49.93% |
| Research & Development | 75.91M | 76.58M | 73.95M | 71.72M | 72.3M | 68.87M | 67.86M | 65.44M | 62.67M | 61.91M | 61.03M | 63.32M | 62.52M | 60.72M | 59.11M | 61.97M | 61.73M | 59.1M | 55.84M | 52.72M |
| R&D % of Revenue | 24.81% | 25.04% | 24.56% | 24.39% | 26.17% | 24.64% | 24.6% | 24.24% | 23.68% | 23.55% | 23.33% | 24.22% | 24.82% | 23.68% | 23.65% | 25.19% | 25.89% | 25.33% | 24.92% | 24.58% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 27.44M | 31.21M | 25.06M | 20.58M | 6.34M | 17.94M | 23.41M | 20.28M | 18.01M | 21.16M | 11.38M | 9.88M | 8.34M | 19.71M | 13.37M | 3.14M | 624K | -166K | -11.09M | -6.11M |
| Operating Margin % | 8.97% | 10.2% | 8.32% | 7% | 2.29% | 6.42% | 8.48% | 7.51% | 6.8% | 8.05% | 4.35% | 3.78% | 3.31% | 7.68% | 5.35% | 1.28% | 0.26% | -0.07% | -4.95% | -2.85% |
| Operating Income Growth % | 332.98% | 74.01% | 7.06% | 1.47% | -64.8% | -15.25% | 105.74% | 105.37% | 116.04% | 7.38% | -14.87% | 214.49% | 1235.74% | 11973.49% | 220.56% | 151.39% | 106.08% | 94.94% | -324.14% | 18.64% |
| EBITDA | 27.93M | 44.71M | 34.05M | 28.31M | 13.23M | 24.13M | 29.34M | 25.58M | 22.7M | 33.41M | 25.89M | 21.45M | 21.24M | 32.29M | 30.45M | 20.92M | 19.16M | 18.96M | 8.94M | 13.6M |
| EBITDA Margin % | 9.13% | 14.62% | 11.31% | 9.63% | 4.79% | 8.63% | 10.63% | 9.47% | 8.58% | 12.71% | 9.9% | 8.21% | 8.43% | 12.59% | 12.18% | 8.5% | 8.04% | 8.12% | 3.99% | 6.34% |
| EBITDA Growth % | 111.02% | 85.3% | 16.05% | 10.68% | -41.69% | -27.78% | 13.31% | 19.22% | 6.85% | 3.46% | -14.98% | 2.54% | 10.86% | 70.33% | 240.81% | 53.86% | 110.16% | 19.85% | -47.37% | 19.99% |
| D&A (Non-Cash Add-back) | 0 | 13.5M | 8.98M | 7.73M | 6.9M | 6.19M | 5.93M | 5.3M | 4.69M | 12.24M | 14.51M | 11.58M | 12.91M | 12.58M | 17.09M | 17.78M | 18.54M | 19.12M | 20.02M | 19.71M |
| EBIT | 27.93M | 31.21M | 30.09M | 26.42M | 15.84M | 29.54M | 23.41M | 20.28M | 21.86M | 25.59M | 13.18M | 9.88M | 10.65M | 19.71M | 11.94M | 3.14M | 624K | -166K | -11.09M | -6.11M |
| Net Interest Income | 585K | 2.47M | 3.54M | 4.04M | 4M | 3.96M | -6.12M | 4.7M | 3.86M | 4.42M | 1.8M | 3.79M | -2.32M | 3.8M | -1.43M | -651K | -4.16M | -1.56M | -2.34M | -1.94M |
| Interest Income | 2.99M | 5.11M | 6.22M | 6.71M | 6.7M | 6.83M | 0 | 4.7M | 3.86M | 4.42M | 1.8M | 3.79M | 0 | 3.8M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.4M | 2.64M | 2.68M | 2.68M | 2.7M | 2.86M | 6.12M | 0 | 0 | 0 | 0 | 0 | 2.32M | 0 | 1.43M | 651K | 4.16M | 1.56M | 2.34M | 1.94M |
| Other Income/Expense | 67K | 3.23M | 2.34M | 3.16M | 6.81M | 3.09M | -6.12M | 4.7M | 3.86M | 4.42M | 1.8M | 3.29M | 2.32M | 3.8M | -1.43M | -651K | -4.16M | -1.56M | -2.34M | -1.94M |
| Pretax Income | 27.51M | 34.44M | 27.4M | 23.74M | 13.14M | 21.02M | 17.29M | 24.98M | 21.86M | 25.59M | 13.18M | 13.17M | 10.65M | 23.51M | 11.94M | 2.49M | -3.53M | -1.73M | -13.42M | -8.05M |
| Pretax Margin % | 8.99% | 11.26% | 9.1% | 8.08% | 4.76% | 7.52% | 6.27% | 9.25% | 8.26% | 9.73% | 5.04% | 5.04% | 4.23% | 9.17% | 4.78% | 1.01% | -1.48% | -0.74% | -5.99% | -3.75% |
| Income Tax | 9.78M | -47.24M | 15.34M | 10.3M | 4.95M | -172.99M | 4.4M | 4.48M | 4.64M | -73.65M | 2.52M | 2.38M | 2.3M | 2.98M | 2.03M | 1.44M | 1.17M | 2.6M | 438K | 650K |
| Effective Tax Rate % | 35.56% | -137.16% | 55.97% | 43.37% | 37.66% | -822.8% | 25.44% | 17.95% | 21.23% | -287.86% | 19.15% | 18.05% | 21.62% | 12.69% | 17.01% | 58.02% | -33% | -150.14% | -3.26% | -8.07% |
| Net Income | 17.73M | 68.49M | 11.18M | 13.45M | 8.19M | 194.01M | 12.89M | 20.5M | 17.22M | 99.23M | 10.66M | 10.79M | 8.35M | 20.53M | 9.91M | 1.04M | -4.7M | -4.33M | -13.86M | -8.7M |
| Net Margin % | 5.79% | 22.39% | 3.71% | 4.57% | 2.97% | 69.41% | 4.67% | 7.59% | 6.51% | 37.75% | 4.07% | 4.13% | 3.31% | 8% | 3.96% | 0.42% | -1.97% | -1.85% | -6.19% | -4.06% |
| Net Income Growth % | 116.33% | -64.7% | -13.29% | -34.4% | -52.42% | 95.51% | 20.99% | 89.94% | 106.25% | 383.39% | 7.55% | 932.63% | 277.7% | 574.66% | 171.48% | 112.01% | 67.76% | 12.5% | -162.32% | -13.64% |
| Net Income (Continuing) | 17.73M | 81.68M | 12.06M | 13.45M | 8.19M | 194.01M | 12.89M | 20.5M | 17.22M | 99.23M | 10.66M | 10.79M | 8.35M | 20.53M | 9.91M | 1.04M | -4.7M | -4.33M | -13.86M | -8.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.08 | 0.47 | 0.05 | 0.05 | 0.02 | 1.12 | 0.05 | 0.10 | 0.12 | 0.57 | 0.07 | 0.07 | 0.06 | 0.10 | 0.04 | -0.02 | -0.03 | -0.03 | -0.09 | -0.05 |
| EPS Growth % | 300% | -58.04% | -7.8% | -45.25% | -83.33% | 96.49% | -30.75% | 36.16% | 116.22% | 496.86% | 106.29% | 459.5% | 270.77% | 427.05% | 138.25% | 62.96% | 63.93% | 6.11% | -172.32% | -9.09% |
| EPS (Basic) | 0.09 | 0.48 | 0.05 | 0.06 | 0.02 | 1.17 | 0.05 | 0.10 | 0.12 | 0.58 | 0.07 | 0.07 | 0.06 | 0.10 | 0.04 | -0.02 | -0.03 | -0.03 | -0.09 | -0.05 |
| Diluted Shares Outstanding | 140.14M | 146.42M | 150.06M | 151.1M | 149.61M | 150.49M | 149.07M | 146.53M | 148.76M | 146.29M | 147.63M | 150.01M | 150.44M | 150.52M | 142.38M | 143.74M | 144.72M | 148.27M | 151.43M | 161.16M |
| Basic Shares Outstanding | 139.15M | 143.07M | 144.57M | 144.9M | 144.43M | 144.09M | 143.48M | 144.07M | 145.3M | 143.93M | 143.91M | 144.25M | 144.74M | 143.56M | 142.38M | 143.74M | 144.72M | 148.19M | 151.35M | 161.16M |
| Dividend Payout Ratio | - | 5.48% | 33.54% | 27.89% | 45.77% | 1.93% | 29.09% | 18.3% | 21.77% | 3.78% | 35.19% | 34.75% | 44.23% | 18.54% | - | - | - | - | - | - |