Box Inc (BXCAP) Gross Margin (2014 - 2026)

Box's Gross Margin history runs 13 years deep, the most recent figure standing at 80.1% for Q1 2026.

• Quarterly Gross Margin rose 113.0% year-over-year to 80.1% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 79.22% (up 14.0% YoY) and the FY2026 annual result came in at 79.22%, up 14.0% from the prior year.
• Gross Margin was 80.1% for Q1 2026 at Box, up from 79.55% in the prior quarter.
• Across five years, Gross Margin topped out at 80.1% in Q1 2026 and bottomed at 72.28% in Q1 2022.
• A 5-year average of 76.64% and a median of 76.21% in 2023 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2023 — Gross Margin tumbled 67 bps — and 2024, when it soared 633 bps.
• Box's Gross Margin stood at 74.2% in 2022, then dropped by 1 bps to 73.53% in 2023, then advanced by 9 bps to 79.86% in 2024, then retreated by 0 bps to 79.55% in 2025, then advanced by 1 bps to 80.1% in 2026.
• Business Quant data shows BXCAP's Gross Margin at 80.1% in Q1 2026, 79.55% in Q4 2025, and 79.07% in Q3 2025.