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 51.4× (Nov '26).
The price-to-sales ratio has risen from 3.7× (Mar '23) to 5.0× (Nov '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?
Box Inc's P/E (TTM) is 51.43 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BOX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 51.4× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.