Box (BOX) Operating Expenses (2014 - 2026)

Box has reported Operating Expenses for 13 years, with the latest figure at $213.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 5.42% year-over-year to $213.8 million; the trailing twelve-month figure through Jan 2026 stood at $849.4 million (up 8.57% YoY), and the FY2026 full-year result was $849.4 million, up 8.57% from the prior year.
• Operating Expenses for Q1 2026 stood at $213.8 million, roughly flat from $214.5 million in the prior quarter.
• The five-year high for Operating Expenses was $214.5 million in Q4 2025, with the low at $168.8 million in Q1 2022.
• Historically, Operating Expenses has averaged $189.9 million across 5 years, with a median of $184.5 million in 2023.
• The largest YoY upside for Operating Expenses was 17.59% in 2022 against a maximum downside of 0.02% in 2022.
• Box's Operating Expenses stood at $172.1 million in 2022, then grew by 5.13% to $180.9 million in 2023, then increased by 8.85% to $196.9 million in 2024, then increased by 8.9% to $214.5 million in 2025, then fell by 0.32% to $213.8 million in 2026.
• The last three Operating Expenses figures came in at $213.8 million (Q1 2026), $214.5 million (Q4 2025), and $211.9 million (Q3 2025), per Business Quant data.