Growth Metrics

Box (BOX) Gross Margin (2016 - 2026)

Box filings provide 13 years of Gross Margin readings, the most recent being 80.1% for Q1 2026.

  • Quarterly Gross Margin rose 113.0% to 80.1% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 79.22% through Jan 2026, up 14.0% year-over-year, with the annual reading at 79.22% for FY2026, 14.0% up from the prior year.
  • Gross Margin hit 80.1% in Q1 2026 for 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 largest annual shift saw Gross Margin tumbled -67bps in 2023 before it skyrocketed 633bps in 2024.
  • Box's Gross Margin stood at 74.2% in 2022, then fell by -1bps to 73.53% in 2023, then grew by 9bps to 79.86% in 2024, then fell by 0bps to 79.55% in 2025, then grew by 1bps to 80.1% in 2026.
  • Per Business Quant, the three most recent readings for BOX's Gross Margin are 80.1% (Q1 2026), 79.55% (Q4 2025), and 79.07% (Q3 2025).