Box (BOX) Operating Leases (2019 - 2026)
Box (BOX) posted Operating Leases of $77.0 million for Q1 2026, up 6.29% on a QoQ basis from $72.4 million in Q4 2025, and up 11.92% year-over-year from $68.8 million in Q1 2025.
Box (BOX) Operating Leases (2019 - 2026) Analysis & Trends
Box's Operating Leases history runs 8 years deep, the most recent figure standing at $77.0 million for Q1 2026.
- Quarterly Operating Leases rose 11.92% year-over-year to $77.0 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $77.0 million (up 11.92% YoY) and the FY2026 annual result came in at $77.0 million, up 11.92% from the prior year.
- Operating Leases was $77.0 million for Q1 2026 at Box, up from $72.4 million in the prior quarter.
- Across five years, Operating Leases topped out at $168.2 million in Q1 2022 and bottomed at $68.8 million in Q1 2025.
- A 5-year average of $105.0 million and a median of $100.8 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases plunged 31.2% — and 2026, when it gained 11.92%.
- Box's Operating Leases stood at $131.1 million in 2022, then fell by 16.73% to $109.2 million in 2023, then slumped by 30.41% to $76.0 million in 2024, then dropped by 4.71% to $72.4 million in 2025, then advanced by 6.29% to $77.0 million in 2026.
- Business Quant data shows BOX's Operating Leases at $77.0 million in Q1 2026, $72.4 million in Q4 2025, and $71.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn |
| 10 | Box | 4.55 Bn | 4.07 Bn | 245.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 76.97 Mn |
| Oct 31, 2025 | 72.42 Mn |
| Apr 30, 2025 | 71.54 Mn |
| Jan 31, 2025 | 68.77 Mn |
| Oct 31, 2024 | 75.99 Mn |
| Jul 31, 2024 | 82.17 Mn |
| Apr 30, 2024 | 88.32 Mn |
| Jan 31, 2024 | 94.17 Mn |
| Oct 31, 2023 | 109.20 Mn |
| Jul 31, 2023 | 115.70 Mn |
| Apr 30, 2023 | 107.40 Mn |
| Jan 31, 2023 | 118.00 Mn |
| Oct 31, 2022 | 131.14 Mn |
| Jul 31, 2022 | 144.17 Mn |
| Apr 30, 2022 | 156.10 Mn |
| Jan 31, 2022 | 168.19 Mn |
| Oct 31, 2021 | 168.24 Mn |
| Jul 31, 2021 | 175.71 Mn |
| Apr 30, 2021 | 182.35 Mn |
| Jan 31, 2021 | 192.53 Mn |