Box (BOX) Net Margin (2014 - 2026)
Box's (BOX) quarterly Net Margin came in at 4.09% in Q3 2026, up 134.0% on a YoY basis from 1.75% in Q3 2025, and down 81.75% quarter-over-quarter from 22.41% in Q1 2026.
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Analysis
Box (BOX) Net Margin (2014 - 2026) Analysis & Trends
Box (BOX) has reported Net Margin for 13 consecutive years, with 4.09% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin rose 134.0% year-over-year to 4.09%; the trailing twelve-month figure through Jul 2026 stood at 7.91% (down 873.0% YoY), and the FY2026 full-year result was 7.39%, down 1110.0% from the prior year.
- Net Margin fell to 4.09% in Q3 2026 per BOX's latest filing, from 22.41% in the prior quarter.
- Across five years, Net Margin topped out at 60.14% in Q1 2025 and bottomed at 3.74% in Q2 2022.
- Historically, Net Margin has averaged 7.9% across 5 years, with a median of 2.52% in 2025.
- The sharpest annual moves came in 2025 and 2026: Net Margin soared 2814 bps in 2025, then sank 3773 bps in 2026.
- Over 5 years, Net Margin stood at 1.99% in 2022, then rose by 8 bps to 2.16% in 2023, then grew by 28 bps to 2.76% in 2024, then fell by 17 bps to 2.29% in 2025, then soared by 79 bps to 4.09% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 4.09%, 22.41%, and 2.29% for Q3 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 46.06 Bn | 44.82 Bn | 1.53 Bn | 7.87% |
| 2 | Dropbox | 7.58 Bn | 6.47 Bn | 506.50 Mn | 15.17% |
| 3 | Open Text | 5.81 Bn | 4.85 Bn | 1.01 Bn | 11.54% |
| 4 | Box | 4.71 Bn | 4.26 Bn | 253.97 Mn | 4.09% |
| 5 | Asana | 2.02 Bn | 1.80 Bn | 186.10 Mn | -18.09% |
| 6 | Cheetah Mobile | 105.81 Mn | -80.44 Mn | 24.15 Mn | -18.23% |
| 7 | Upland Software | 10.26 Mn | -21.41 Mn | 37.47 Mn | -74.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 4.09% |
| Jan 31, 2026 | 22.41% |
| Oct 31, 2025 | 2.29% |
| Jul 31, 2025 | 2.75% |
| Apr 30, 2025 | 1.27% |
| Jan 31, 2025 | 60.14% |
| Oct 31, 2024 | 2.76% |
| Jul 31, 2024 | 5.31% |
| Apr 30, 2024 | 4.35% |
| Jan 31, 2024 | 31.99% |
| Oct 31, 2023 | 2.16% |
| Jul 31, 2023 | 2.20% |
| Apr 30, 2023 | 1.45% |
| Jan 31, 2023 | 5.89% |
| Oct 31, 2022 | 1.99% |
| Jul 31, 2022 | -1.32% |
| Apr 30, 2022 | -3.74% |
| Jan 31, 2022 | -3.71% |
| Oct 31, 2021 | -8.11% |
| Jul 31, 2021 | -5.82% |