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

Box (BOX) posted Cost of Revenue of -$59.7 million for Q1 2026, down 196.98% quarter-over-quarter from $61.6 million in Q4 2025, and down 128.32% year-on-year from $210.8 million in Q1 2025.

Box (BOX) Cost of Revenue (2014 - 2026) Analysis & Trends

Box (BOX) has reported Cost of Revenue for 13 consecutive years, with -$59.7 million the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at -$59.7 million, down 128.32% year-over-year; the trailing twelve-month figure through Jan 2026 was $162.5 million (down 61.3% YoY), and the FY2026 annual result was $244.6 million, down 35.65% from the prior year.
  • Cost of Revenue was -$59.7 million for Q1 2026 at Box, down from $61.6 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $210.8 million in Q1 2025 and troughed at -$59.7 million in Q1 2026.
  • Average Cost of Revenue over 5 years is $76.7 million, with a median of $69.2 million recorded in 2023.
  • Year-over-year, Cost of Revenue jumped 3264.14% in 2024 and tumbled 128.32% in 2026.
  • Over 5 years, Cost of Revenue stood at $81.6 million in 2022, then dropped by 15.13% to $69.2 million in 2023, then fell by 19.75% to $55.6 million in 2024, then increased by 10.83% to $61.6 million in 2025, then sank by 196.98% to -$59.7 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were -$59.7 million in Q1 2026, $61.6 million in Q4 2025, and $61.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 6.81 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 463.58 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 184.16 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 396.38 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.15 Bn
10 Box 384,439.99 -477.68 Mn 245.00 Mn -59.72 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 -59.72 Mn
Jan 31, 2026 -59.72 Mn
Oct 31, 2025 61.58 Mn
Oct 31, 2025 61.58 Mn
Jul 31, 2025 61.52 Mn
Jul 31, 2025 61.52 Mn
Apr 30, 2025 99.10 Mn
Apr 30, 2025 99.10 Mn
Jan 31, 2025 210.83 Mn
Jan 31, 2025 210.83 Mn
Oct 31, 2024 55.56 Mn
Oct 31, 2024 55.56 Mn
Jul 31, 2024 95.24 Mn
Jul 31, 2024 95.24 Mn
Apr 30, 2024 58.25 Mn
Apr 30, 2024 58.25 Mn
Jan 31, 2024 150.75 Mn
Jan 31, 2024 150.75 Mn
Oct 31, 2023 69.23 Mn
Oct 31, 2023 69.23 Mn