Box BOX
Public, NYSE, reports in USD. Founded 2005.
Theme: Cloud.
Enterprise Dropbox.
2025-08-01 — OG SaaS
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.2bn USD | 8.0 % | 79.2 % | 25.0 % | 83m USD | 7.1 % | 115m USD | 0.58 | 15.1 | |
| 2025 | 1.1bn USD | 5.0 % | 79.1 % | 24.3 % | 80m USD | 7.3 % | 245m USD | 1.36 | 12.4 | |
| 2024 | 1.0bn USD | -0.0 % | 74.9 % | 24.0 % | 51m USD | 4.9 % | 129m USD | 0.67 | 4.9 | |
| 2023 | 1.0bn USD | 4.7 % | 74.9 % | 24.0 % | 51m USD | 4.9 % | 27m USD | 0.06 | 9.7 | |
| 2022 | 991m USD | – | – | – | – | – | – | – | – | |
| 2027-Q2 | 321m USD | 9.2 % | 79.1 % | 24.4 % | 33m USD | 10.2 % | 19m USD | 0.09 | 19.4 | |
| 2027-Q1 | 306m USD | – | 79.5 % | 24.8 % | 27m USD | 9.0 % | 18m USD | 0.08 | – | |
| 2026-Q4 | 306m USD | – | 80.1 % | 25.0 % | 31m USD | 10.2 % | 82m USD | 0.47 | – | |
| 2026-Q3 | 301m USD | – | 79.6 % | 24.6 % | 25m USD | 8.3 % | 12m USD | 0.05 | – | |
| 2026-Q2 | 294m USD | – | 79.1 % | 24.4 % | 21m USD | 7.0 % | 13m USD | 0.05 | – |
Sources
- 2026: yfinance
- 2025: yfinance
- 2024: yfinance
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2027-Q2: yfinance
- 2027-Q1: yfinance
- 2026-Q4: yfinance
- 2026-Q3: yfinance
- 2026-Q2: yfinance
Latest quarter 2027-Q2, ended 2026-07-31, vs 2026-Q2
| 2027-Q2 | 2026-Q2 | change | |
|---|---|---|---|
| Revenue | 321m USD | 294m USD | +27m (+9 %) |
| Op. margin | 10.2 % | 7.0 % | +3.2 pts |
| FCF | 60m USD | 36m USD | +24m (+66 %) |
| Op. income | 33m USD | ||
| Net income | 19m USD | ||
| EPS (diluted) | 0.09 | 80.0 % |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | 356m USD | 41m USD | 315m USD | 26.8 % | 308.9 % | – | – | 110m USD | -256m USD |
| 2025 | 332m USD | 30m USD | 302m USD | 27.7 % | 135.8 % | – | – | 526m USD | 247m USD |
| 2024 | 319m USD | 21m USD | 297m USD | 28.7 % | 247.0 % | – | – | 267m USD | -37m USD |
| 2023 | 298m USD | 17m USD | 281m USD | 27.1 % | 1112.6 % | 40m USD | 51m USD | 241m USD | 22m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 35.13 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 4.8bn USD | 2026-09-15 | |
| 52w high | 36.34 USD | 2026-09-15 | |
| 52w low | 21.34 USD | 2026-09-15 | |
| Off 52w high % | -3.3 % | ||
| P/S | 4.1 | ||
| Lifetime CAGR | 0.8 % |
Notes
- 2025-08-01 opinion OG SaaS