BOX INC
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.09B | $1.04B | $990.9M | $874.3M | $770.8M | $696.3M | $608.4M |
| Cost of Revenue | $244.6M | $228.1M | $260.6M | $252.6M | $249.5M | $224.7M | $215.6M | $173.6M |
| Gross Profit | $932.6M | $862.0M | $777.1M | $738.3M | $624.8M | $546.0M | $480.7M | $434.8M |
| Gross Margin | 79.2% | 79.1% | 74.9% | 74.5% | 71.5% | 70.8% | 69.0% | 71.5% |
| Operating Expenses | ||||||||
| Research & Development | $294.5M | $264.9M | $248.8M | $243.5M | $218.5M | $201.3M | $199.8M | $163.8M |
| SG&A Expense | $150.9M | $137.4M | $129.0M | $126.5M | $135.3M | $106.7M | $102.8M | $93.1M |
| Operating Income | $83.2M | $79.6M | $50.8M | $36.8M | $-27.6M | $-37.6M | $-139.5M | $-134.2M |
| Operating Margin | 7.1% | 7.3% | 4.9% | 3.7% | -3.2% | -4.9% | -20.0% | -22.1% |
| Interest Expense | $10.7M | $6.1M | $3.8M | $4.9M | — | — | — | — |
| Pretax Income | $98.7M | $85.2M | $62.6M | $34.4M | $-37.5M | $-42.2M | $-142.9M | $-133.2M |
| Income Tax Expense | $-16.7M | $-159.5M | $-66.4M | $7.6M | $4.0M | $1.2M | $1.4M | $1.4M |
| Net Income | $115.4M | $244.6M | $129.0M | $26.8M | $-41.5M | $-43.4M | $-144.3M | $-134.6M |
| Net Margin | 9.8% | 22.4% | 12.4% | 2.7% | -4.7% | -5.6% | -20.7% | -22.1% |
| EPS (Basic) | $0.60 | $1.40 | $0.69 | $0.06 | $-0.35 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.58 | $1.36 | $0.67 | $0.06 | $-0.35 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 144.2M | 144.2M | 144.2M | 143.6M | 155.6M | 155.5M | 150.40B | 144.04B |
| Shares Outstanding (Diluted) | 149.2M | 148.6M | 148.6M | 150.2M | 155.6M | 155.5M | 150.40B | 144.04B |
| Dividends Per Share | — | — | — | — | — | — | — | — |