BOX INC
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $115.4M | $244.6M | $129.0M | $26.8M | $-41.5M | $-43.4M | $-144.3M | $-134.6M |
| Depreciation & Amortization | $32.9M | $22.1M | $51.2M | $66.0M | $78.2M | $75.5M | $59.4M | $46.3M |
| Depreciation | $8.3M | $8.2M | $37.0M | $51.2M | $63.9M | $68.1M | $58.2M | $46.3M |
| Amortization | $31.2M | $17.1M | $16.6M | $17.7M | $17.3M | — | — | — |
| Stock-Based Compensation | $233.7M | $219.0M | $198.8M | $185.6M | $179.0M | $154.3M | $146.0M | $119.3M |
| Net Cash from Operating Activities | $356.5M | $332.3M | $318.7M | $298.0M | $234.8M | $196.8M | $44.7M | $55.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $6.1M | $2.6M | $4.7M | $5.0M | — | — | $5.5M | $14.8M |
| Business Acquisitions | — | — | $2.7M | — | $59.4M | — | — | $458.0K |
| Net Cash from Investing Activities | $-42.7M | $-23.2M | $-82.8M | $120.6M | $-239.4M | $-16.4M | $-13.3M | $-16.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $289.8M | $211.1M | $177.1M | $274.2M | $561.6M | — | — | — |
| Net Cash from Financing Activities | $-569.5M | $-62.4M | $-272.9M | $-396.5M | $-172.9M | $218.7M | $-53.4M | $-29.6M |
| Net Change in Cash | $-249.4M | $241.9M | $-44.8M | $12.2M | $-178.6M | $399.9M | $-22.2M | $9.3M |
| Free Cash Flow | $350.4M | $329.7M | $314.0M | $292.9M | — | — | $39.3M | $40.5M |