Box (BOX) Cost of Revenue (2014 - 2026)

Box's Cost of Revenue history runs 13 years deep, the most recent figure standing at $60.9 million for Q1 2026.

• Quarterly Cost of Revenue rose 3.56% year-over-year to $60.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $244.6 million (up 7.25% YoY) and the FY2026 annual result came in at $244.6 million, up 7.25% from the prior year.
• Cost of Revenue was $60.9 million for Q1 2026 at Box, down from $61.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $69.2 million in Q4 2023 and bottomed at $55.5 million in Q3 2024.
• A 5-year average of $61.8 million and a median of $61.6 million in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2024 — Cost of Revenue slipped 19.75% — and 2025, when it increased 10.83%.
• Box's Cost of Revenue stood at $64.5 million in 2022, then rose by 7.35% to $69.2 million in 2023, then declined by 19.75% to $55.6 million in 2024, then grew by 10.83% to $61.6 million in 2025, then dropped by 1.13% to $60.9 million in 2026.
• Business Quant data shows BOX's Cost of Revenue at $60.9 million in Q1 2026, $61.6 million in Q4 2025, and $61.5 million in Q3 2025.