Box (BOX) Operating Expenses (2014 - 2026)
Box (BOX) reported Operating Expenses of $221.33 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 4.5% from $211.9 million a year earlier.
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Analysis
Box (BOX) Operating Expenses (2014 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Box's Operating Expenses came in at $861.49 million, up 4.9% year-over-year; for FY2026 (ended Jan 31, 2026), it was $849.42 million, up 8.6% from FY2025.
- Operating Expenses has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 7.8% (FY2021 to FY2026).
- By fiscal year, Operating Expenses came in at $782.39 million in FY2025 (+7.7%), $726.38 million in FY2024 (+3.5%), $701.48 million in FY2023 (+7.5%) and $652.47 million in FY2022 (+11.8%).
- The fiscal Q2 2027 figure ranks as the highest quarterly Operating Expenses in data going back to fiscal Q1 2015.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 0.0% (fiscal Q3 2023) to 21.3% (fiscal Q3 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 3.64 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 1.32 Bn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 641.32 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 1.27 Bn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 671.18 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 426.90 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 341.70 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 765.06 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 422.02 Mn |
| 10 | Box | 4.30 Bn | 1.89 Bn | 253.97 Mn | 221.33 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 |
API Access
Box Operating Expenses 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=operating-expenses&ticker=BOX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=BOX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();