Growth Metrics

Box (BOX) Gross Margin (2016 - 2026)

Box's Gross Margin history spans 13 years, with the latest figure at 80.1% for Q1 2026.

  • For Q1 2026, Gross Margin rose 113.0% year-over-year to 80.1%; the TTM value through Jan 2026 reached 79.22%, up 14.0%, while the annual FY2026 figure was 79.22%, 14.0% up from the prior year.
  • Gross Margin reached 80.1% in Q1 2026 per BOX's latest filing, up from 79.55% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 80.1% in Q1 2026 to a low of 72.28% in Q1 2022.
  • Average Gross Margin over 5 years is 76.64%, with a median of 76.21% recorded in 2023.
  • Peak YoY movement for Gross Margin: tumbled -67bps in 2023, then skyrocketed 633bps in 2024.
  • A 5-year view of Gross Margin shows it 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.
  • 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).