Box (BOX) Operating Expenses (2014 - 2026)
Box's (BOX) quarterly Operating Expenses came in at $221.3 million in Q3 2026, up 4.45% on a YoY basis from $211.9 million in Q3 2025, and up 3.53% quarter-over-quarter from $213.8 million in Q1 2026.
Analysis
Box (BOX) Operating Expenses (2014 - 2026) Analysis & Trends
Box (BOX) has reported Operating Expenses for 13 consecutive years, with $221.3 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Expenses rose 4.45% year-over-year to $221.3 million; the trailing twelve-month figure through Jul 2026 stood at $861.5 million (up 4.94% YoY), and the FY2026 full-year result was $849.4 million, up 8.57% from the prior year.
- Operating Expenses grew to $221.3 million in Q3 2026 per BOX's latest filing, from $213.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $221.3 million in Q3 2026 and bottomed at $168.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $191.7 million across 5 years, with a median of $186.5 million in 2023.
- The widest YoY moves for Operating Expenses: up 17.59% in 2022, down 0.02% in 2022.
- Over 5 years, Operating Expenses stood at $172.1 million in 2022, then rose by 5.13% to $180.9 million in 2023, then gained by 8.85% to $196.9 million in 2024, then gained by 8.9% to $214.5 million in 2025, then gained by 3.2% to $221.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $221.3 million, $213.8 million, and $214.5 million for Q3 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 46.75 Bn | 45.51 Bn | 1.53 Bn | 1.32 Bn |
| 2 | Dropbox | 7.58 Bn | 6.47 Bn | 506.50 Mn | 341.70 Mn |
| 3 | Open Text | 5.75 Bn | 4.80 Bn | 1.01 Bn | 691.79 Mn |
| 4 | Box | 4.68 Bn | 4.24 Bn | 253.97 Mn | 221.33 Mn |
| 5 | Asana | 2.06 Bn | 1.84 Bn | 186.10 Mn | 227.32 Mn |
| 6 | Cheetah Mobile | 103.66 Mn | -82.59 Mn | 24.15 Mn | -28.25 Mn |
| 7 | Upland Software | 10.55 Mn | -21.12 Mn | 37.47 Mn | 67.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 221.33 Mn |
| Jan 31, 2026 | 213.79 Mn |
| Oct 31, 2025 | 214.47 Mn |
| Jul 31, 2025 | 211.90 Mn |
| Apr 30, 2025 | 209.26 Mn |
| Jan 31, 2025 | 202.80 Mn |
| Oct 31, 2024 | 196.95 Mn |
| Jul 31, 2024 | 194.25 Mn |
| Apr 30, 2024 | 188.40 Mn |
| Jan 31, 2024 | 178.99 Mn |
| Oct 31, 2023 | 180.93 Mn |
| Jul 31, 2023 | 184.54 Mn |
| Apr 30, 2023 | 181.91 Mn |
| Jan 31, 2023 | 175.75 Mn |
| Oct 31, 2022 | 172.10 Mn |
| Jul 31, 2022 | 178.03 Mn |
| Apr 30, 2022 | 175.60 Mn |
| Jan 31, 2022 | 168.85 Mn |
| Oct 31, 2021 | 172.06 Mn |
| Jul 31, 2021 | 159.81 Mn |