Box (BOX) Gross Margin (2014 - 2026)
Box (BOX) recorded Gross Margin of 79.08% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 0.01 percentage points from 79.07% a year earlier.
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Analysis
Box (BOX) Gross Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Box's Gross Margin came in at 79.45% as of Jul 31, 2026, up 0.46 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 79.22%, up 0.14 percentage points from FY2025.
- Annual Gross Margin has increased for six straight fiscal years, with a five-year change of +8.38 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Gross Margin came in at 79.08% in FY2025 (+4.19 pp), 74.89% in FY2024 (+0.37 pp), 74.51% in FY2023 (+3.05 pp) and 71.47% in FY2022 (+0.62 pp).
- Quarterly Gross Margin has ranged from 71.85% in fiscal Q3 2022 to 80.10% in fiscal Q4 2026 over the past five years.
- On a year-over-year basis, Gross Margin rose in five of the last seven quarters, with an average year-over-year change of +1.38 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 6.33 percentage points in fiscal Q3 2025, against a drop of 0.67 percentage points in fiscal Q3 2024 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 91.17 Bn | 66.42 Bn | 6.00 Bn | 88.71% |
| 2 | Atlassian | 45.78 Bn | 39.06 Bn | 1.53 Bn | 86.50% |
| 3 | Twilio | 44.66 Bn | 34.66 Bn | 725.87 Mn | 48.42% |
| 4 | Autodesk | 42.46 Bn | 30.50 Bn | 1.87 Bn | 91.40% |
| 5 | Zoom Communications | 25.83 Bn | -4.96 Bn | 985.50 Mn | 77.16% |
| 6 | Figma | 11.00 Bn | 4.50 Bn | 309.61 Mn | 83.66% |
| 7 | Dropbox | 7.18 Bn | 2.82 Bn | 506.50 Mn | 80.21% |
| 8 | Nice | 6.45 Bn | 4.92 Bn | 995.81 Mn | 64.21% |
| 9 | RingCentral | 6.23 Bn | 5.73 Bn | 472.31 Mn | 71.89% |
| 10 | Box | 4.49 Bn | 2.09 Bn | 253.97 Mn | 79.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 79.08% |
| Jan 31, 2026 | 80.10% |
| Oct 31, 2025 | 79.55% |
| Jul 31, 2025 | 79.07% |
| Apr 30, 2025 | 78.04% |
| Jan 31, 2025 | 78.97% |
| Oct 31, 2024 | 79.86% |
| Jul 31, 2024 | 79.44% |
| Apr 30, 2024 | 77.99% |
| Jan 31, 2024 | 76.14% |
| Oct 31, 2023 | 73.53% |
| Jul 31, 2023 | 74.37% |
| Apr 30, 2023 | 75.53% |
| Jan 31, 2023 | 76.21% |
| Oct 31, 2022 | 74.20% |
| Jul 31, 2022 | 73.64% |
| Apr 30, 2022 | 73.91% |
| Jan 31, 2022 | 72.28% |
| Oct 31, 2021 | 71.85% |
| Jul 31, 2021 | 71.66% |
API Access
Box Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BOX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BOX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BOX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();