Box (BOX) Cost of Revenue (2014 - 2026)
Box's (BOX) quarterly Cost of Revenue came in at $67.2 million in Q3 2026, up 9.2% on a YoY basis from $61.5 million in Q3 2025, and up 10.36% quarter-over-quarter from $60.9 million in Q1 2026.
Analysis
Box (BOX) Cost of Revenue (2014 - 2026) Analysis & Trends
Box (BOX) has reported Cost of Revenue for 13 consecutive years, with $67.2 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Cost of Revenue rose 9.2% year-over-year to $67.2 million; the trailing twelve-month figure through Jul 2026 stood at $251.2 million (up 6.18% YoY), and the FY2026 full-year result was $244.6 million, up 7.25% from the prior year.
- Cost of Revenue advanced to $67.2 million in Q3 2026 per BOX's latest filing, from $60.9 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.
- Historically, Cost of Revenue has averaged $62.1 million across 5 years, with a median of $61.6 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue retreated 19.75% in 2024, then climbed 10.83% in 2025.
- Over 5 years, 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 increased by 9.11% to $67.2 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $67.2 million, $60.9 million, and $61.6 million for Q3 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 46.22 Bn | 44.98 Bn | 1.53 Bn | 238.45 Mn |
| 2 | Dropbox | 7.58 Bn | 6.47 Bn | 506.50 Mn | 125.00 Mn |
| 3 | Open Text | 5.79 Bn | 4.84 Bn | 1.01 Bn | 337.55 Mn |
| 4 | Box | 4.68 Bn | 4.23 Bn | 253.97 Mn | 67.18 Mn |
| 5 | Asana | 2.02 Bn | 1.80 Bn | 186.10 Mn | 30.33 Mn |
| 6 | Cheetah Mobile | 106.73 Mn | -79.52 Mn | 24.15 Mn | 13.40 Mn |
| 7 | Upland Software | 10.29 Mn | -21.38 Mn | 37.47 Mn | 11.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 67.18 Mn |
| Jan 31, 2026 | 60.88 Mn |
| Oct 31, 2025 | 61.58 Mn |
| Jul 31, 2025 | 61.52 Mn |
| Apr 30, 2025 | 60.67 Mn |
| Jan 31, 2025 | 58.78 Mn |
| Oct 31, 2024 | 55.56 Mn |
| Jul 31, 2024 | 55.51 Mn |
| Apr 30, 2024 | 58.25 Mn |
| Jan 31, 2024 | 62.72 Mn |
| Oct 31, 2023 | 69.23 Mn |
| Jul 31, 2023 | 67.01 Mn |
| Apr 30, 2023 | 61.65 Mn |
| Jan 31, 2023 | 61.01 Mn |
| Oct 31, 2022 | 64.49 Mn |
| Jul 31, 2022 | 64.84 Mn |
| Apr 30, 2022 | 62.21 Mn |
| Jan 31, 2022 | 64.68 Mn |
| Oct 31, 2021 | 63.07 Mn |
| Jul 31, 2021 | 60.79 Mn |