Box (BOX) FCF Margin (2014 - 2026)
Box (BOX) posted FCF Margin of 35.46% for Q1 2026, up 49.72% quarter-over-quarter from 23.68% in Q4 2025, and down 87.0% year-on-year from 272.76% in Q1 2025.
Box (BOX) FCF Margin (2014 - 2026) Analysis & Trends
Box (BOX) has reported FCF Margin for 13 consecutive years, with 35.46% the latest figure, recorded in Q1 2026.
- FCF Margin for Q1 2026 came in at 35.46%, down 87.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 29.76% (down 48.0% YoY), and the FY2026 annual result was 29.76%, down 48.0% from the prior year.
- FCF Margin was 35.46% for Q1 2026 at Box, up from 23.68% in the prior quarter.
- Over five years, FCF Margin peaked at 49.09% in Q2 2024 and troughed at 11.52% in Q3 2022.
- Average FCF Margin over 5 years is 29.68%, with a median of 27.9% recorded in 2022.
- Year-over-year, FCF Margin slumped 936 bps in 2022 and soared 1487 bps in 2023.
- Over 5 years, FCF Margin stood at 27.9% in 2022, then dropped by 5 bps to 26.51% in 2023, then retreated by 15 bps to 22.58% in 2024, then rose by 5 bps to 23.68% in 2025, then surged by 50 bps to 35.46% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 35.46% in Q1 2026, 23.68% in Q4 2025, and 14.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.07% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 72.18% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 54.62% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 14.80% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 30.29% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 55.21% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 14.55% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 34.10% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 15.44% |
| 10 | Box | 384,439.99 | -477.68 Mn | 245.00 Mn | 35.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 35.46% |
| Oct 31, 2025 | 23.68% |
| Jul 31, 2025 | 14.93% |
| Apr 30, 2025 | 45.86% |
| Jan 31, 2025 | 36.33% |
| Oct 31, 2024 | 22.58% |
| Jul 31, 2024 | 13.29% |
| Apr 30, 2024 | 49.09% |
| Jan 31, 2024 | 33.89% |
| Oct 31, 2023 | 26.51% |
| Jul 31, 2023 | 12.86% |
| Apr 30, 2023 | 48.42% |
| Jan 31, 2023 | 35.94% |
| Oct 31, 2022 | 27.90% |
| Jul 31, 2022 | 11.52% |
| Apr 30, 2022 | 45.18% |
| Jan 31, 2022 | 21.07% |
| Oct 31, 2021 | 20.57% |
| Jul 31, 2021 | 20.88% |
| Apr 30, 2021 | 46.81% |