Box (BOX) Operating Margin (2014 - 2026)

Box (BOX) has reported Operating Margin for 13 consecutive years, with 10.16% the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Operating Margin rose 316.0% year-over-year to 10.16%; the trailing twelve-month figure through Jul 2026 stood at 8.96% (up 289.0% YoY), and the FY2026 full-year result was 7.07%, down 24.0% from the prior year.
• Operating Margin was little changed at 10.16% in Q3 2026 per BOX's latest filing, from 10.2% in the prior quarter.
• Across five years, Operating Margin topped out at 10.2% in Q1 2026 and bottomed at 0.07% in Q1 2022.
• Historically, Operating Margin has averaged 5.62% across 5 years, with a median of 6.61% in 2024.
• The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 1030 bps in 2022, then tumbled 451 bps in 2025.
• Over 5 years, Operating Margin stood at 5.35% in 2022, then fell by 19 bps to 4.35% in 2023, then surged by 95 bps to 8.48% in 2024, then slipped by 2 bps to 8.32% in 2025, then rose by 22 bps to 10.16% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 10.16%, 10.2%, and 8.32% for Q3 2026, Q1 2026, and Q4 2025 respectively.