Box, Inc.
31.67-0.97 (-2.97%)
Oct 29, 4:00:02 PM EDT · NYSE · BOX · USD
Key Stats
Market Cap
4.59BP/E (TTM)
25.13Basic EPS (TTM)
1.26Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
Box's Q2 FY2026 revenue climbed 9% y/y to $294M, fueled by seat expansions and strong uptake of multi-product Suites, though partially offset by some customer churn; gross margin held steady at 79.1% amid higher public cloud costs. Operating income edged up to $20.6M (7.0% margin), but net income dipped to $13.4M due to elevated taxes and interest on convertible notes, with diluted EPS at $0.05 on 151M shares—consistent with reported figures. Cash swelled to $658M, bolstered by $173M YTD operating cash flow, while free cash flow (derived as operating cash minus capex and software capitalization) reached $154M; total debt stands at $654M across 2026 and 2029 notes, with $75M revolver undrawn. Japan contributed 26% of revenue, underscoring geographic momentum. Yet competition from Microsoft and Google keeps pricing pressure in check.
8-K
Box Q2 revenue up 9%
Box, Inc. reported Q2 fiscal 2026 revenue of $294 million, up 9% year-over-year, with remaining performance obligations hitting $1.5 billion, up 16%. Non-GAAP operating margin expanded to 28.6%, fueled by AI platform momentum and wins at Marriott, Penguin Random House, and Garmin. Box eyes $298-299 million for Q3. AI integrations drive growth, yet deferred tax hits EPS.
8-K
Box boosts equity plans
Box, Inc. stockholders approved key amendments at the June 27, 2025 annual meeting, boosting the 2015 Equity Incentive Plan by 5 million shares and the Employee Stock Purchase Plan by 6 million shares to fuel talent retention amid competitive pressures. They also greenlit a charter tweak limiting officer liability under Delaware law, while electing directors Dan Levin and Bethany Mayer—yet Levin faced notable opposition. This bolsters Box's equity toolkit. Vote tallies show strong backing for most proposals.
10-Q
Q1 FY2026 results
Box's Q1 FY2026 revenue climbed 4% y/y to $276.3M, fueled by seat expansions and robust Japan growth at 24% of total, though offset by FX headwinds and partial churn. Gross margin held steady at 78.0%, but operating income dipped to $6.3M from $18.0M y/y amid $7.1M workforce reorganization charges across R&D, sales, and G&A. Net income fell to $8.2M, with diluted EPS at $0.02 matching basic on 149.6M shares; operating cash flow edged down to $127.1M, yielding $118.8M free cash flow (derived). Cash swelled to $790.4M, backed by $75M revolver availability, while $665M convertible notes (1.50% due 2029, 0% due 2026) loom with no covenant breaches. Non-GAAP metrics not disclosed in the 10-Q. Competition from Microsoft and Google intensifies pricing pressure.
8-K
Box Q1 revenue up 4%
Box reported Q1 fiscal 2026 revenue of $276 million, up 4% year-over-year, with remaining performance obligations surging 21% to $1.469 billion, signaling robust future bookings amid AI-driven demand. Non-GAAP operating margin held steady at 25.3%, while GAAP dipped to 2.3% due to workforce reorganization costs; billings jumped 27% to $242 million. Box eyes 7% full-year revenue growth to $1.165-$1.170 billion. AI innovations fuel expansion, yet deferred tax expenses pressure EPS.
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