Box (BXCAP) Cost of Revenue (2014 - 2026)
Box posted quarterly Cost of Revenue of -$59.7 million for Q1 2026, down 128.32% year-on-year from $210.8 million in Q1 2025, and down 196.98% on a QoQ basis from $61.6 million in Q4 2025.
Box (BXCAP) has 13 years of Cost of Revenue data on file, last reported at -$59.7 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 128.32% year-over-year to -$59.7 million; the trailing twelve-month figure through Jan 2026 stood at $162.5 million (down 61.3% YoY), and the FY2026 full-year result was $244.6 million, down 35.65% from the prior year.
- Cost of Revenue for Q1 2026 stood at -$59.7 million, down from $61.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $210.8 million in Q1 2025 and bottomed at -$59.7 million in Q1 2026.
- The 5-year median for Cost of Revenue is $69.2 million (2023), against an average of $76.7 million.
- The widest annual swing landed in 2024, when Cost of Revenue surged 3264.14%; it then tumbled 128.32% in 2026.
- A 5-year view of Cost of Revenue shows it stood at $81.6 million in 2022, then decreased by 15.13% to $69.2 million in 2023, then dropped by 19.75% to $55.6 million in 2024, then climbed by 10.83% to $61.6 million in 2025, then sank by 196.98% to -$59.7 million in 2026.
- The last three Cost of Revenue figures came in at -$59.7 million (Q1 2026), $61.6 million (Q4 2025), and $61.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 2.05 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 396.38 Mn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | 69.00 Mn |
| 10 | Box | - | - | 245.00 Mn | -59.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -59.72 Mn |
| Jan 31, 2026 | -59.72 Mn |
| Oct 31, 2025 | 61.58 Mn |
| Oct 31, 2025 | 61.58 Mn |
| Jul 31, 2025 | 61.52 Mn |
| Jul 31, 2025 | 61.52 Mn |
| Apr 30, 2025 | 99.10 Mn |
| Apr 30, 2025 | 99.10 Mn |
| Jan 31, 2025 | 210.83 Mn |
| Jan 31, 2025 | 210.83 Mn |
| Oct 31, 2024 | 55.56 Mn |
| Oct 31, 2024 | 55.56 Mn |
| Jul 31, 2024 | 95.24 Mn |
| Jul 31, 2024 | 95.24 Mn |
| Apr 30, 2024 | 58.25 Mn |
| Apr 30, 2024 | 58.25 Mn |
| Jan 31, 2024 | 150.75 Mn |
| Jan 31, 2024 | 150.75 Mn |
| Oct 31, 2023 | 69.23 Mn |
| Oct 31, 2023 | 69.23 Mn |
| Jul 31, 2023 | 67.01 Mn |
| Jul 31, 2023 | 67.01 Mn |
| Apr 30, 2023 | 86.21 Mn |
| Apr 30, 2023 | 86.21 Mn |
| Jan 31, 2023 | 4.48 Mn |
| Jan 31, 2023 | 4.48 Mn |
| Oct 31, 2022 | 81.57 Mn |
| Oct 31, 2022 | 81.57 Mn |
| Jul 31, 2022 | 64.84 Mn |
| Jul 31, 2022 | 64.84 Mn |
| Apr 30, 2022 | 83.07 Mn |
| Apr 30, 2022 | 83.07 Mn |
| Jan 31, 2022 | 113.83 Mn |
| Jan 31, 2022 | 113.83 Mn |
| Oct 31, 2021 | 63.07 Mn |
| Oct 31, 2021 | 63.07 Mn |
| Jul 31, 2021 | 72.79 Mn |
| Jul 31, 2021 | 72.79 Mn |
| Apr 30, 2021 | 69.81 Mn |
| Apr 30, 2021 | 69.81 Mn |
| Jan 31, 2021 | 68.12 Mn |
| Jan 31, 2021 | 68.12 Mn |
| Oct 31, 2020 | 67.11 Mn |
| Oct 31, 2020 | 67.11 Mn |
| Jul 31, 2020 | 67.76 Mn |
| Jul 31, 2020 | 67.76 Mn |
| Apr 30, 2020 | 72.75 Mn |
| Apr 30, 2020 | 72.75 Mn |
| Jan 31, 2020 | -26.59 Mn |
| Jan 31, 2020 | -26.59 Mn |
| Oct 31, 2019 | 82.94 Mn |
| Oct 31, 2019 | 82.94 Mn |
| Jul 31, 2019 | 53.87 Mn |
| Jul 31, 2019 | 53.87 Mn |
| Apr 30, 2019 | 78.82 Mn |
| Apr 30, 2019 | 78.82 Mn |
| Jan 31, 2019 | 185.81 Mn |
| Jan 31, 2019 | 185.81 Mn |
| Oct 31, 2018 | 84.49 Mn |
| Oct 31, 2018 | 84.49 Mn |
| Jul 31, 2018 | 76.98 Mn |
| Jul 31, 2018 | 76.98 Mn |
| Apr 30, 2018 | 77.00 Mn |
| Apr 30, 2018 | 77.00 Mn |
| Jan 31, 2018 | 203.35 Mn |
| Jan 31, 2018 | 203.35 Mn |
| Oct 31, 2017 | 81.67 Mn |
| Oct 31, 2017 | 81.67 Mn |
| Jul 31, 2017 | 73.27 Mn |
| Jul 31, 2017 | 73.27 Mn |
| Apr 30, 2017 | 32.72 Mn |
| Apr 30, 2017 | 32.72 Mn |
| Jan 31, 2017 | -74.32 Mn |
| Jan 31, 2017 | -74.32 Mn |
| Oct 31, 2016 | 66.80 Mn |
| Oct 31, 2016 | 66.80 Mn |
| Jul 31, 2016 | 60.19 Mn |
| Jul 31, 2016 | 60.19 Mn |
| Apr 30, 2016 | 59.47 Mn |
| Apr 30, 2016 | 59.47 Mn |
| Jan 31, 2016 | 180.77 Mn |
| Jan 31, 2016 | 180.77 Mn |
| Oct 31, 2015 | 63.97 Mn |
| Oct 31, 2015 | 63.97 Mn |
| Jul 31, 2015 | 58.46 Mn |
| Jul 31, 2015 | 58.46 Mn |
| Apr 30, 2015 | 56.50 Mn |
| Apr 30, 2015 | 56.50 Mn |
| Jan 31, 2015 | 175.17 Mn |
| Jan 31, 2015 | 175.17 Mn |
| Oct 31, 2014 | 55.26 Mn |
| Oct 31, 2014 | 55.26 Mn |
| Jul 31, 2014 | 10.83 Mn |
| Jul 31, 2014 | 10.83 Mn |
| Apr 30, 2014 | 9.23 Mn |
| Apr 30, 2014 | 9.23 Mn |