Box (BOX) Operating Leases (2019 - 2026)

Box has reported Operating Leases for 8 years, with the latest figure at $77.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases rose 11.92% year-over-year to $77.0 million; the trailing twelve-month figure through Jan 2026 stood at $77.0 million (up 11.92% YoY), and the FY2026 full-year result was $77.0 million, up 11.92% from the prior year.
• Operating Leases for Q1 2026 stood at $77.0 million, up from $72.4 million in the prior quarter.
• The five-year high for Operating Leases was $168.2 million in Q1 2022, with the low at $68.8 million in Q1 2025.
• Historically, Operating Leases has averaged $105.0 million across 5 years, with a median of $100.8 million in 2023.
• Annual changes were most pronounced in 2023 — Operating Leases sank 31.2% — and 2026, when it grew 11.92%.
• Box's Operating Leases stood at $131.1 million in 2022, then dropped by 16.73% to $109.2 million in 2023, then plunged by 30.41% to $76.0 million in 2024, then decreased by 4.71% to $72.4 million in 2025, then rose by 6.29% to $77.0 million in 2026.
• The last three Operating Leases figures came in at $77.0 million (Q1 2026), $72.4 million (Q4 2025), and $71.5 million (Q2 2025), per Business Quant data.