13 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 8.8% per year over the past 5 years.
Operating margin has expanded, at 7.1% in the latest year.
Free cash flow has grown 6.1% per year over the past 5 years.
Financial health
Total debt ($451M) exceeds cash ($375M); net debt is $76M.
Total debt has grown in line with revenue (8.7% vs 8.8% per year).
Operating income covered interest expense 7.8× in the latest year.
Total debt is 3.9× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$1.2B
$115M
79.2%
7.1%
-38.6%
7.5%
$350M
$451M
$375M
2025
$1.1B
$245M
79.1%
7.3%
-82.4%
14.7%
$330M
$653M
$625M
2024
$1.0B
$129M
74.9%
4.9%
-29.9%
10.4%
$314M
$371M
$384M
2023
$991M
$27M
74.5%
3.7%
-5.1%
2.2%
$293M
$369M
$428M
2022
$874M
-$41M
71.5%
-3.2%
10.5%
-3.0%
—
$367M
$416M
2021
$771M
-$43M
70.8%
-4.9%
-28.8%
-3.2%
—
$298M
$595M
2020
$696M
-$144M
69.0%
-20.0%
-645.7%
-15.0%
$39M
$40M
$196M
2019
$608M
-$135M
71.5%
-22.1%
-428.6%
-20.7%
$41M
$40M
$218M
2018
$506M
-$155M
73.3%
-30.4%
-1035.3%
-28.0%
$24M
$40M
$208M
2017
$399M
-$152M
71.9%
-37.8%
-203.1%
-30.7%
-$17M
$40M
$177M
2016
—
-$203M
—
—
-147.2%
-40.8%
—
$40M
$186M
2015
—
-$168M
—
—
-62.7%
-34.1%
—
$40M
$330M
2014
—
-$169M
—
—
50.7%
—
—
—
$109M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jul '26
$321M
$19M
79.1%
10.2%
-5.5%
1.4%
$71M
$452M
$343M
Apr '26
$306M
$18M
79.5%
9.0%
-5.2%
1.2%
$139M
$452M
$379M
Oct '25
$301M
$12M
79.6%
8.3%
-4.2%
0.7%
$71M
$655M
$633M
Jul '25
$294M
$13M
79.1%
7.0%
-5.0%
0.8%
$44M
$654M
$658M
Apr '25
$276M
$8M
78.0%
2.3%
-2.9%
0.5%
$127M
$653M
$690M
Jan '25
$280M
$194M
79.0%
6.4%
-65.3%
11.6%
$102M
$653M
$625M
Oct '24
$276M
$13M
79.9%
8.5%
-2.7%
1.0%
$62M
$652M
$609M
Jul '24
$270M
$20M
79.4%
7.5%
-4.7%
1.8%
$36M
$372M
$407M
Apr '24
$265M
$17M
78.0%
6.8%
-4.3%
1.5%
$130M
$371M
$450M
Jan '24
$263M
$99M
76.1%
8.1%
-23.0%
8.0%
—
$371M
$384M
Oct '23
$262M
$11M
73.5%
4.4%
-2.0%
1.0%
$69M
$370M
$378M
Jul '23
$261M
$11M
74.4%
3.8%
-2.0%
1.0%
$34M
$370M
$396M
Apr '23
$252M
$8M
75.5%
3.3%
-1.6%
0.8%
$122M
$370M
$481M
Jan '23
$256M
$21M
76.2%
7.7%
-3.9%
1.7%
—
$369M
$428M
Oct '22
$250M
$10M
74.2%
5.3%
-1.7%
0.9%
—
$369M
$358M
Jul '22
$246M
$1M
73.6%
1.3%
-0.2%
0.1%
—
$368M
$349M
Apr '22
$238M
-$5M
73.9%
0.3%
1.0%
-0.4%
—
$368M
$391M
Jan '22
$233M
-$4M
72.3%
-0.1%
1.1%
-0.3%
—
$367M
$416M
Oct '21
$224M
-$14M
71.8%
-4.9%
5.1%
-1.0%
—
$367M
$568M
Jul '21
$214M
-$9M
71.7%
-2.8%
5.7%
-0.6%
—
$367M
$779M
Valuation over time
How the market has priced BOX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 137.2× (Mar '23) to 42.8× (Sep '26).
The price-to-sales ratio has risen from 3.7× (Mar '23) to 4.2× (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is BOX growing its revenue and profit?
Over the past 5 years, Box Inc's revenue has grown 8.8% per year. These are computed facts, not advice.
How much debt does BOX have?
As of FY2026, Box Inc reported $451M of total debt against $375M of cash; operating income covered interest expense 7.8×.
What is BOX's profit margin?
In FY2026, gross margin was 79.2%, operating margin 7.1%, and net margin 9.8%.
What is BOX's P/E ratio?
As of Sep '26, Box Inc traded at a price-to-earnings ratio of about 42.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.