Box (BOX) Research & Development (2014 - 2026)
Box (BOX) recorded Research & Development of $78.4 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 9.3% from $71.72 million a year earlier.
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Analysis
Box (BOX) Research & Development (2014 - 2026) Analysis & Trends
On a TTM basis, Box's Research & Development came in at $300.64 million as of Jul 31, 2026, up 7.1% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $294.54 million, up 11.2% from FY2025.
- Annual Research & Development has increased for 12 straight fiscal years, with a five-year compound annual growth rate of 7.9% (FY2021 to FY2026).
- Across earlier fiscal years, Research & Development came in at $264.85 million in FY2025 (+6.5%), $248.77 million in FY2024 (+2.2%), $243.53 million in FY2023 (+11.4%) and $218.52 million in FY2022 (+8.6%).
- The fiscal Q2 2027 figure is the highest quarterly Research & Development in data going back to fiscal Q1 2015.
- The year-over-year growth in Research & Development has ranged between 0.2% (fiscal Q1 2025) and 21.7% (fiscal Q4 2022) over the last five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 1.29 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 759.82 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 273.32 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 464.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 242.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 167.33 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 188.10 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 200.30 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 82.80 Mn |
| 10 | Box | 4.30 Bn | 1.89 Bn | 253.97 Mn | 78.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 78.40 Mn |
| 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 |
API Access
Box Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BOX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BOX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BOX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();