Box (BOX) Research & Development (2014 - 2026)
Box's (BOX) quarterly Research & Development came in at $106.7 million in Q3 2026, up 4.42% on a YoY basis from $102.2 million in Q3 2025, and up 7.12% quarter-over-quarter from $99.6 million in Q1 2026.
Analysis
Box (BOX) Research & Development (2014 - 2026) Analysis & Trends
Box (BOX) has reported Research & Development for 13 consecutive years, with $106.7 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Research & Development rose 4.42% year-over-year to $106.7 million; the trailing twelve-month figure through Jul 2026 stood at $411.6 million (up 4.59% YoY), and the FY2026 full-year result was $404.0 million, up 6.27% from the prior year.
- Research & Development improved to $106.7 million in Q3 2026 per BOX's latest filing, from $99.6 million in the prior quarter.
- Across five years, Research & Development topped out at $106.7 million in Q3 2026 and bottomed at $79.7 million in Q1 2022.
- Historically, Research & Development has averaged $91.7 million across 5 years, with a median of $90.6 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Research & Development advanced 18.99% in 2022, then rose 2.88% in 2026.
- Over 5 years, Research & Development stood at $81.6 million in 2022, then advanced by 7.8% to $87.9 million in 2023, then increased by 8.5% to $95.4 million in 2024, then climbed by 8.03% to $103.1 million in 2025, then increased by 3.54% to $106.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $106.7 million, $99.6 million, and $103.1 million for Q3 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 46.72 Bn | 45.48 Bn | 1.53 Bn | 759.82 Mn |
| 2 | Dropbox | 7.58 Bn | 6.46 Bn | 506.50 Mn | 188.10 Mn |
| 3 | Open Text | 5.75 Bn | 4.79 Bn | 1.01 Bn | 308.36 Mn |
| 4 | Box | 4.68 Bn | 4.23 Bn | 253.97 Mn | 106.72 Mn |
| 5 | Asana | 2.04 Bn | 1.82 Bn | 186.10 Mn | 104.38 Mn |
| 6 | Cheetah Mobile | 104.58 Mn | -81.67 Mn | 24.15 Mn | -8.37 Mn |
| 7 | Upland Software | 10.70 Mn | -20.97 Mn | 37.47 Mn | 9.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 106.72 Mn |
| Jan 31, 2026 | 99.63 Mn |
| Oct 31, 2025 | 103.07 Mn |
| Jul 31, 2025 | 102.20 Mn |
| Apr 30, 2025 | 99.10 Mn |
| Jan 31, 2025 | 96.84 Mn |
| Oct 31, 2024 | 95.41 Mn |
| Jul 31, 2024 | 95.24 Mn |
| Apr 30, 2024 | 92.67 Mn |
| Jan 31, 2024 | 85.89 Mn |
| Oct 31, 2023 | 87.93 Mn |
| Jul 31, 2023 | 88.61 Mn |
| Apr 30, 2023 | 86.21 Mn |
| Jan 31, 2023 | 83.33 Mn |
| Oct 31, 2022 | 81.57 Mn |
| Jul 31, 2022 | 83.44 Mn |
| Apr 30, 2022 | 83.07 Mn |
| Jan 31, 2022 | 79.67 Mn |
| Oct 31, 2021 | 76.37 Mn |
| Jul 31, 2021 | 72.79 Mn |