Growth Metrics

Box (BOX) Gross Margin (2016 - 2026)

Box (BOX) has disclosed Gross Margin for 13 consecutive years, with 80.1% as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 113.0% year-over-year to 80.1%, compared with a TTM value of 79.22% through Jan 2026, up 14.0%, and an annual FY2026 reading of 79.22%, up 14.0% over the prior year.
  • Gross Margin was 80.1% for Q1 2026 at Box, up from 79.55% in the prior quarter.
  • Across five years, Gross Margin topped out at 80.1% in Q1 2026 and bottomed at 72.28% in Q1 2022.
  • Average Gross Margin over 5 years is 76.64%, with a median of 76.21% recorded in 2023.
  • The sharpest move saw Gross Margin tumbled -67bps in 2023, then skyrocketed 633bps in 2024.
  • Year by year, Gross Margin stood at 74.2% in 2022, then dropped by -1bps to 73.53% in 2023, then increased by 9bps to 79.86% in 2024, then dropped by 0bps to 79.55% in 2025, then increased by 1bps to 80.1% in 2026.
  • Business Quant data shows Gross Margin for BOX at 80.1% in Q1 2026, 79.55% in Q4 2025, and 79.07% in Q3 2025.