Box (BOX) Debt to Equity (2015 - 2026)

Box (BOX) posted Debt to Equity of -$1.51 for Q1 2026, up 34.07% quarter-over-quarter from -$2.29 in Q4 2025, and up 31.42% year-on-year from -$1.15 in Q1 2025.

Box (BOX) Debt to Equity (2015 - 2026) Analysis & Trends

Box (BOX) has reported Debt to Equity for 12 consecutive years, with -$1.51 the latest figure, recorded in Q1 2026.

  • Debt to Equity for Q1 2026 came in at -$1.51, up 31.42% year-over-year; the trailing twelve-month figure through Jan 2026 was -$1.51 (up 31.42% YoY), and the FY2026 annual result was -$1.51, up 31.42% from the prior year.
  • Debt to Equity was -$1.51 for Q1 2026 at Box, up from -$2.29 in the prior quarter.
  • Over five years, Debt to Equity peaked at -$0.64 in Q3 2022 and troughed at -$2.43 in Q3 2025.
  • Average Debt to Equity over 5 years is -$1.21, with a median of -$0.86 recorded in 2024.
  • Year-over-year, Debt to Equity surged 73.47% in 2022 and tumbled 187.06% in 2025.
  • Over 5 years, Debt to Equity stood at -$0.65 in 2022, then slipped by 5.44% to -$0.69 in 2023, then sank by 98.17% to -$1.36 in 2024, then tumbled by 68.31% to -$2.29 in 2025, then jumped by 34.07% to -$1.51 in 2026.
  • Per Business Quant data, the three most recent Debt to Equity figures were -$1.51 in Q1 2026, -$2.29 in Q4 2025, and -$2.43 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.10
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.84
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.17
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.50
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.85
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.33
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.08
10 Box 384,439.99 -477.68 Mn 245.00 Mn -1.51

Historic Data

Download Data
DateValue
Jan 31, 2026 -1.51
Oct 31, 2025 -2.29
Jul 31, 2025 -2.43
Apr 30, 2025 -2.33
Jan 31, 2025 -2.20
Oct 31, 2024 -1.36
Jul 31, 2024 -0.85
Apr 30, 2024 -0.93
Jan 31, 2024 -0.86
Oct 31, 2023 -0.69
Jul 31, 2023 -0.69
Apr 30, 2023 -0.72
Jan 31, 2023 -0.71
Oct 31, 2022 -0.65
Jul 31, 2022 -0.64
Apr 30, 2022 -0.76
Jan 31, 2022 -0.93
Oct 31, 2021 -1.34
Jul 31, 2021 -2.40
Apr 30, 2021 2.93