Box (BOX) Net Margin (2014 - 2026)
Box's Net Margin was 4.09% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 1.34 percentage points from 2.75% a year earlier.
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Analysis
Box (BOX) Net Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Box's Net Margin was 7.91% through Jul 31, 2026, down 8.73 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 7.39%, down 11.10 percentage points from FY2025.
- Net Margin shows a five-year change of +13.03 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was 18.49% in FY2025 (+8.94 pp), 9.55% in FY2024 (+8.69 pp), 0.86% in FY2023 (+7.03 pp) and -6.16% in FY2022 (-0.53 pp).
- Quarterly Net Margin has moved between -8.11% (fiscal Q3 2022) and 60.14% (fiscal Q4 2025) over five years.
- Compared with a year earlier, Net Margin was higher in three of the last seven quarters, with an average year-over-year change of -1.96 percentage points.
- The best year-over-year quarter for Net Margin over five years was fiscal Q4 2025 (a gain of 28.14 percentage points); the worst was fiscal Q4 2026 (a drop of 37.73 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 27.03% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 7.87% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 71.19% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 24.05% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 120.77% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | -30.30% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 15.17% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 8.38% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 5.95% |
| 10 | Box | 4.30 Bn | 1.89 Bn | 253.97 Mn | 4.09% |
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% |
API Access
Box Net 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=net-margin&ticker=BOX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=BOX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();