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

Box has reported Research & Development for 13 years, with the latest figure at $76.6 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 11.19% year-over-year to $76.6 million; the trailing twelve-month figure through Jan 2026 stood at $294.5 million (up 11.21% YoY), and the FY2026 full-year result was $294.5 million, up 11.21% from the prior year.
• Research & Development for Q1 2026 stood at $76.6 million, up from $73.9 million in the prior quarter.
• The five-year high for Research & Development was $76.6 million in Q1 2026, with the low at $59.1 million in Q1 2022.
• Historically, Research & Development has averaged $65.3 million across 5 years, with a median of $62.7 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development grew 21.67% — and 2024, when it rose 0.25%.
• Box's Research & Development stood at $59.1 million in 2022, then climbed by 3.25% to $61.0 million in 2023, then rose by 11.21% to $67.9 million in 2024, then advanced by 8.96% to $73.9 million in 2025, then climbed by 3.56% to $76.6 million in 2026.
• The last three Research & Development figures came in at $76.6 million (Q1 2026), $73.9 million (Q4 2025), and $71.7 million (Q3 2025), per Business Quant data.