Box (BOX) Financial Statements & Analysis

Box (BOX) Income Statement

Box reported revenue of $1.18B in fiscal 2026 (fiscal year ended Jan 31, 2026), up 8.0% from $1.09B a year earlier. Net income was $87.05M, down 56.8% year over year, a net margin of 7.4%. Gross margin was 79.2% and operating margin 7.1%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $321.15M, up 9.2% from the same quarter a year earlier.

Box Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Box, Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017
Revenue & Gross Profit
Revenue	1.18	1.09	1.04	0.99	0.87	0.77	0.70	0.61	0.51	0.40
Cost of Revenue	0.24	0.23	0.26	0.25	0.25	0.22	0.22	0.17	0.14	0.11
Gross Profit	0.93	0.86	0.78	0.74	0.62	0.55	0.48	0.43	0.37	0.29
Operating Expenses
Research & Development	0.29	0.26	0.25	0.24	0.22	0.20	0.20	0.16	0.14	0.12
Selling, General & Administrative	0.55	0.52	0.48	0.46	0.42	0.38	0.42	0.41	0.39	0.32
Operating Expenses	0.85	0.78	0.73	0.70	0.65	0.58	0.62	0.57	0.52	0.44
Operating Income	0.08	0.08	0.05	0.04	-0.03	-0.04	-0.14	-0.13	-0.15	-0.15
Other Income/Expense
Interest Income	0.02	0.02	0.02	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.01	-0.01	0.00	0.00	-0.01	0.01	0.00	0.00	0.00	0.00
Other Income/Expense	0.02	0.01	0.00	0.00	-0.01	-0.01	0.00	0.00	0.00	0.00
Income
Income Before Tax	0.10	0.09	0.06	0.03	-0.04	-0.04	-0.14	-0.13	-0.15	-0.15
Income Tax Expense	-0.02	-0.16	-0.07	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	0.09	0.20	0.13	0.03	-0.05	-0.04	-0.14	-0.13	-0.15	-0.15
Net Income - Continuous Operations	0.10	0.24	0.13	0.03	-0.04	-0.04	-0.14	-0.13	-0.15	-0.15
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	0.09	0.08	0.12	0.11	0.05	0.04	-0.08	-0.09	-0.11	-0.11
EBIT	0.09	0.08	0.07	0.04	-0.01	-0.04	-	-	-	-
Depreciation & Amortization	0.04	0.01	0.05	0.07	0.06	0.08	0.06	0.05	0.04	0.04
Earnings Per Share
Basic EPS	1.00	1.00	1.00	-	-	-	-1.00	-1.00	-1.00	-1.00
Diluted EPS	1.00	1.00	1.00	-	-	-	-1.00	-1.00	-1.00	-1.00
Basic Shares Outstanding	0.14	0.14	0.14	0.14	0.16	0.16	0.15	0.14	0.13	0.13
Diluted Shares Outstanding	0.15	0.15	0.15	0.15	0.16	0.16	0.15	0.14	0.13	0.13

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Box Financial Statements

What was Box's revenue in fiscal 2026?

Box reported revenue of $1.18B in fiscal 2026 (fiscal year ended Jan 31, 2026). That was up 8.0% from $1.09B a year earlier.

Is Box profitable?

Yes. Box earned net income of $87.05M in fiscal 2026, a net margin of 7.4%. In fiscal 2025 it earned $201.57M.

What is Box's operating margin?

Box's operating income was $83.19M on revenue of $1.18B in fiscal 2026, an operating margin of 7.1%, compared with 7.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition