Quarterly reports
Box closed the second quarter of fiscal 2027 with revenue of $321.15 million, up 9.2% from $294.00 million in the same quarter a year earlier. Constant currency growth was 11%.
Box started fiscal 2027 with stronger profitability. First-quarter revenue was $305.9 million, up 10.7% year over year. Gross profit was $243.2 million, up 12.8%, and gross margin was 79.5%, up 1.5 percentage points.
Box closed fiscal 2026 with a stronger fourth quarter on revenue and operating profit, but net income fell sharply. Revenue came in at $305.9 million, up 9.4% from the prior-year quarter. Gross profit rose 11.0% to $245.0 million, and gross margin expanded to 80.1%, up 1.1 percentage points.
Box reported FY2026 third-quarter revenue of $301.1 million, up 9.1% from the prior-year quarter. Gross profit was a record $239.5 million, up 8.7%, while gross margin slipped to 79.6%, down 0.3 percentage points.
Box reported fiscal 2026 second quarter revenue of $294.0 million, up 9% from a year earlier and up 7% in constant currency. Year to date, revenue was $570.3 million, up 6.7%. Gross profit for the quarter was a record $232.5 million, up from $214.5 million, while gross margin of 79.1% slipped from 79.4%.
Box reported first quarter fiscal 2026 revenue of $276.27 million, up 4.4% from $264.66 million in the prior-year quarter. Gross profit rose 4.5% to $215.60 million from $206.41 million. Gross margin was flat at 78.0%. The top line grew, but operating leverage went the other way.
Box closed fiscal 2025 with fourth quarter revenue of $279.52 million, up 6.3% from the prior year quarter, and full year revenue of $1.09 billion, up 5.0%. Gross profit reached $220.74 million in the quarter, up 10.3%, and $862.02 million for the year, up 10.9%.
Box reported third-quarter fiscal 2025 revenue of $275.9 million, up 5.5% year over year. Gross profit rose 14.6% to $220.4 million, lifting gross margin to 79.9%, up 6.3 percentage points. Operating income was $23.4 million, up 105.7%, and operating margin was 8.5%, up 4.1 percentage points.
Box closed FY2025 Q2 with revenue of $270.0 million, up 3.3% from the prior-year quarter, or 6% growth on a constant currency basis. GAAP gross profit rose 10.3% to $214.5 million. Gross margin reached 79.4%, up 5.1 percentage points.
Box delivered FY2025 first-quarter revenue of $264.7 million, up 5% from the prior-year quarter, or 8% growth in constant currency. Gross profit was $206.4 million, up 8.5%, and gross margin reached 78.0%, up 2.5 percentage points. Non-GAAP gross margin was 80.2%.
Box closed fiscal 2024 with fourth quarter revenue of $262.9 million, up 2.5% from the prior-year quarter. Fiscal year revenue reached $1.04 billion, up 4.7%. Gross profit was $200.2 million in the quarter, up 2.4%, and gross margin was 76.1%, flat year over year.
Box closed the third quarter of fiscal 2024 with revenue of $261.5 million for the three months ended October 31, 2023, up 4.6% from a year earlier. Constant currency growth was 7%. Gross profit rose 3.7% to $192.3 million, but gross margin slipped to 73.5%, down 0.7 percentage points.
Box closed its fiscal 2024 second quarter with revenue of $261.4 million, up 6.3% from the prior-year quarter. Gross profit reached $194.4 million, up 7.3%, and gross margin improved to 74.4% from 73.6%. Operating income was $9.9 million, up 214.5%, lifting operating margin to 3.8% from 1.3%.
Box entered fiscal 2024 with a sharper profit profile. Revenue for FY2024 Q1 was $251.9 million, up 5.6% from the prior-year quarter. GAAP gross profit rose 8.0% to $190.2 million, and gross margin reached 75.5%, up 1.6 points.
Box closed fiscal 2023 with its most profitable quarter yet. Fourth-quarter revenue was $256.5 million, up 9.9% from $233.4 million a year earlier, and growth was 15% on a constant currency basis. GAAP gross profit rose 15.9% to $195.5 million, lifting gross margin to 76.2% from 72.3%.
Box closed the fiscal 2023 third quarter with its first $1 billion revenue run rate quarter. Revenue for the three months ended October 31, 2022 was $249.95 million, up 11.6% from $224.04 million in the prior-year quarter.
Box reported fiscal second quarter 2023 revenue of $246.0 million, up 14.7% from the prior-year quarter. Gross profit rose 17.9% to $181.2 million, and gross margin expanded to 73.6%, up 2.0 percentage points.
Box posted revenue of $238.4 million for its fiscal first quarter ended April 30, 2022, up 17.8% from $202.4 million a year earlier. GAAP gross profit rose to $176.2 million from $141.5 million, and gross margin improved to 73.9% from 69.9%.
Box posted accelerating growth in the fourth quarter of fiscal 2022. Revenue rose 17.3% to $233.4 million. Gross profit increased 20.2% to $168.7 million, and gross margin expanded to 72.3%. The operating loss narrowed to $0.2 million, and operating margin improved to negative 0.1%. Net loss narrowed to $4.3 million.
Box reported fiscal third quarter revenue of $224.0 million, up 14.3% from a year earlier. That marked the third consecutive quarter of accelerating year-over-year growth. Remaining performance obligations ended the quarter at $948.1 million, up 25.4%, and deferred revenue reached $429.7 million, up 21.2%.
Box's preliminary fiscal 2022 second quarter results, for the period ended July 31, 2021, show revenue of $214.5 million, up 11.5% from the prior-year quarter. Billings were approximately $213 million, up 13% year over year.
Box opened fiscal 2022 with double-digit growth and much better profitability. Revenue for the quarter ended April 30, 2021 was $202.4 million, up 10.3% from $183.6 million in the prior-year quarter.
Box closed fiscal 2021 with fourth-quarter revenue of $198.9 million, up 8.3% from $183.6 million a year earlier. Full-year revenue reached $770.8 million, up 10.7% from $696.3 million. Remaining performance obligations stood at $896.9 million on January 31, 2021, up 16.8% from $767.8 million.
Box's fiscal 2021 third quarter, ended October 31, 2020, delivered revenue of $196.00 million, up 10.6% from the prior-year quarter. Year-to-date revenue was $571.86 million, up 11.5%. Gross profit was $139.19 million, up 15.2%, and gross margin reached 71.0%, up 2.8 percentage points.
Box narrowed its losses sharply in the fiscal 2021 second quarter even as revenue growth stayed in the low teens. Revenue for the quarter ended July 31, 2020 was $192.29 million, up 11.4% from $172.55 million in the prior-year quarter.
Box reported fiscal first quarter 2021 revenue of $183.6 million, up 12.6% from the prior-year quarter. Gross profit rose 13.4% to $129.6 million. Gross margin reached 70.6%, up 0.5 percentage points. The company still recorded a GAAP operating loss of $24.2 million, but that loss narrowed from the prior-year quarter.
Box, a leader in cloud content management, presented mixed financial results for FY2020 Q4. Revenue increased to $696.3 million for the year ending January 31, 2020, up from $608.4 million the previous year, representing a 14% year-over-year growth.
Box ended Q3 FY2020 with significant growth indicators but persistent profitability challenges. The company reported $512.7 million in revenue for the nine months ended October 31, 2019, up from $444.7 million in the same period last year, marking a 15% growth.
Box experienced a challenging quarter, with significant losses and continued cash flow issues. For the six months ended July 31, 2019, revenue grew 16% year-over-year to $335.5 million, yet the company reported a net loss of $73.1 million during this period.
Box continues to experience significant growth, reflecting its ongoing expansion efforts in the cloud content management sector.
Box Inc., focusing on its cloud content management platform, ended FY2019 with revenue of $608.4 million, marking a growth of 20% year-over-year.
Box faces a challenging environment in its fiscal third quarter of 2019, marked by significant historical and ongoing losses. As of October 31, 2018, Box reported a net loss of $114.9 million for the nine-month period, slightly improved from the $122.3 million loss in the same period of the previous year.
Box, a leading player in the cloud content management space, continued its trajectory of growth in Q2 FY2019, as seen from its financial disclosures. The company reported billings of $162.8 million, up 17% from the same period last year, demonstrating robust sales activity.
Box, a prominent player in the cloud content management space, demonstrated an impressive year-over-year revenue growth of 20% for the quarter ending April 30, 2018, with revenue reaching $140.5 million.
Box continues its trajectory as a leading cloud content management platform, though financial challenges abound. For fiscal 2018, revenue grew to $506.1 million, marking a 27% increase over the previous year.
In Q3 FY2018, Box experienced significant growth driven by its effective customer acquisition strategies and strong billings performance. Billings for the quarter stood at $141.5 million, marking a 26% growth from the previous comparable period.
Box, known for its cloud content management platform, continues to gain momentum, reporting robust growth figures in FY2018 Q2. Revenue for the first half of FY2018 reached $240.2 million, marking a 29% year-over-year increase.
Box continued to see significant developments in its Q1 FY2018 performance, with recorded revenue of $117.2 million, marking a notable year-over-year growth of 30% compared to $90.2 million from the same quarter the previous year.
Box has displayed notable revenue growth, with FY2017 yielding $398.6 million, reflecting a 32% annual increase. Despite this growth, Box has continued to post net losses, reaching a deficit of $151.8 million for the same period.
Box has continued its strategic focus on expanding its enterprise content management and collaboration platform despite its ongoing financial challenges.
Box operates in the cloud-based enterprise content management space, providing a platform that allows organizations to manage, access, and share content securely from anywhere.
Box's FY2017 Q1 report paints the picture of a growing company within the fiercely competitive SaaS industry. The firm reported revenue of $90.2 million for the quarter, marking a healthy 37% year-over-year increase.
Box's fiscal Q4 of FY2016 shows a company heavily investing in its future but still wrestling with significant losses. Management's narrative paints a picture of ongoing expansion and innovation, but profitability remains elusive.
Box's fiscal Q3 2016 results highlight a company in the midst of a significant growth phase amidst a highly competitive market landscape. Despite its robust growth trajectory, with revenues increasing 42% year-over-year to $217.7 million for the nine months ended October 31, 2015, the company remains unprofitable.
Box, a leading provider of cloud-based enterprise content management solutions, faces a challenging landscape as it reports ongoing net losses. For the six months ending July 31, 2015, Box recorded a net loss of $97.5 million, despite revenue growth of 44% compared to the previous year, reaching $139.1 million.
Box Inc. has reported a strong revenue growth for FY2016 Q1, while it continues to grapple with significant operational challenges. The company's revenue for the quarter ending April 30, 2015, was $65.6 million, up from $45.3 million in the previous year, marking a healthy 45% year-over-year growth.
Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.