Box (BOX) Invested Capital (2014 - 2026)

Box has reported Invested Capital for 13 years, with the latest figure at -$299.3 million in Q1 2026.

• For the quarter ending Q1 2026, Invested Capital fell 221.61% year-over-year to -$299.3 million; the trailing twelve-month figure through Jan 2026 stood at -$299.3 million (down 221.61% YoY), and the FY2026 full-year result was -$299.3 million, down 221.61% from the prior year.
• Invested Capital for Q1 2026 stood at -$299.3 million, down from -$81.9 million in the prior quarter.
• The five-year high for Invested Capital was -$64.9 million in Q3 2025, with the low at -$579.5 million in Q3 2022.
• Historically, Invested Capital has averaged -$382.5 million across 5 years, with a median of -$439.4 million in 2024.
• Annual changes were most pronounced in 2022 — Invested Capital tumbled 487.75% — and 2025, when it jumped 85.23%.
• Box's Invested Capital stood at -$567.6 million in 2022, then grew by 4.79% to -$540.4 million in 2023, then advanced by 11.2% to -$479.9 million in 2024, then jumped by 82.94% to -$81.9 million in 2025, then sank by 265.48% to -$299.3 million in 2026.
• The last three Invested Capital figures came in at -$299.3 million (Q1 2026), -$81.9 million (Q4 2025), and -$64.9 million (Q3 2025), per Business Quant data.