Box (BOX) Research & Development (2014 - 2026)

Box (BOX) posted Research & Development of $76.6 million for Q1 2026, up 3.56% quarter-over-quarter from $73.9 million in Q4 2025, and up 11.19% year-on-year from $68.9 million in Q1 2025.

Box (BOX) Research & Development (2014 - 2026) Analysis & Trends

Box (BOX) has reported Research & Development for 13 consecutive years, with $76.6 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $76.6 million, up 11.19% year-over-year; the trailing twelve-month figure through Jan 2026 was $294.5 million (up 11.21% YoY), and the FY2026 annual result was $294.5 million, up 11.21% from the prior year.
  • Research & Development was $76.6 million for Q1 2026 at Box, up from $73.9 million in the prior quarter.
  • Over five years, Research & Development peaked at $76.6 million in Q1 2026 and troughed at $59.1 million in Q1 2022.
  • Average Research & Development over 5 years is $65.3 million, with a median of $62.7 million recorded in 2024.
  • Year-over-year, Research & Development rose 21.67% in 2022 and advanced 0.25% in 2024.
  • Over 5 years, Research & Development stood at $59.1 million in 2022, then rose by 3.25% to $61.0 million in 2023, then climbed by 11.21% to $67.9 million in 2024, then increased by 8.96% to $73.9 million in 2025, then rose by 3.56% to $76.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $76.6 million in Q1 2026, $73.9 million in Q4 2025, and $71.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 8.92 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.61 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 160.98 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 511.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 356.41 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 214.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 150.97 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 714.99 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 1.04 Bn
10 Box 384,439.99 -477.68 Mn 245.00 Mn 76.58 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 76.58 Mn
Oct 31, 2025 73.95 Mn
Jul 31, 2025 71.72 Mn
Apr 30, 2025 72.30 Mn
Jan 31, 2025 68.87 Mn
Oct 31, 2024 67.87 Mn
Jul 31, 2024 65.45 Mn
Apr 30, 2024 62.67 Mn
Jan 31, 2024 61.91 Mn
Oct 31, 2023 61.03 Mn
Jul 31, 2023 63.32 Mn
Apr 30, 2023 62.52 Mn
Jan 31, 2023 60.72 Mn
Oct 31, 2022 59.11 Mn
Jul 31, 2022 61.97 Mn
Apr 30, 2022 61.73 Mn
Jan 31, 2022 59.11 Mn
Oct 31, 2021 55.84 Mn
Jul 31, 2021 52.72 Mn
Apr 30, 2021 50.86 Mn