Growth Metrics

Box (BOX) Cost of Revenue (2016 - 2026)

Box filings provide 13 years of Cost of Revenue readings, the most recent being -$59.7 million for Q1 2026.

  • Quarterly Cost of Revenue fell 128.32% to -$59.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $162.5 million through Jan 2026, down 61.3% year-over-year, with the annual reading at $244.6 million for FY2026, 35.65% down from the prior year.
  • Cost of Revenue hit -$59.7 million in Q1 2026 for Box, down from $61.6 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $210.8 million in Q1 2025 and bottomed 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.
  • The largest annual shift saw Cost of Revenue soared 3264.14% in 2024 before it crashed 128.32% in 2026.
  • Box's Cost of Revenue stood at $81.6 million in 2022, then decreased by 15.13% to $69.2 million in 2023, then dropped by 19.75% to $55.6 million in 2024, then rose by 10.83% to $61.6 million in 2025, then plummeted by 196.98% to -$59.7 million in 2026.
  • Per Business Quant, the three most recent readings for BOX's Cost of Revenue are -$59.7 million (Q1 2026), $61.6 million (Q4 2025), and $61.5 million (Q3 2025).