Box (BOX) Gross Margin (2014 - 2026)

Box (BOX) has reported Gross Margin for 13 consecutive years, with 80.1% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 80.1%, up 113.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 79.22% (up 14.0% YoY), and the FY2026 annual result was 79.22%, up 14.0% from the prior year.
• Gross Margin was 80.1% for Q1 2026 at Box, up from 79.55% in the prior quarter.
• Over five years, Gross Margin peaked at 80.1% in Q1 2026 and troughed at 72.28% in Q1 2022.
• Average Gross Margin over 5 years is 76.64%, with a median of 76.21% recorded in 2023.
• Year-over-year, Gross Margin slumped 67 bps in 2023 and surged 633 bps in 2024.
• Over 5 years, Gross Margin stood at 74.2% in 2022, then declined by 1 bps to 73.53% in 2023, then climbed by 9 bps to 79.86% in 2024, then decreased by 0 bps to 79.55% in 2025, then climbed by 1 bps to 80.1% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 80.1% in Q1 2026, 79.55% in Q4 2025, and 79.07% in Q3 2025.