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

Box's (BXCAP) quarterly Gross Margin came in at 80.1% in Q1 2026, up 113.0% YoY from 37.6% in Q1 2025, and up 0.69% on a QoQ basis from 79.55% in Q4 2025.

Box Inc (BXCAP) Gross Margin (2014 - 2026) Analysis & Trends

Box (BXCAP) has 13 years of Gross Margin data on file, last reported at 80.1% in 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 climbed to 80.1% in Q1 2026, from 79.55% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 80.1% in Q1 2026 to a low of 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 plunged 67 bps — and 2024, when it soared 633 bps.
  • Tracing BXCAP's Gross Margin over 5 years: stood at 74.2% in 2022, then decreased by 1 bps to 73.53% in 2023, then rose by 9 bps to 79.86% in 2024, then declined by 0 bps to 79.55% in 2025, then rose by 1 bps to 80.1% in 2026.
  • The last three Gross Margin figures came in at 80.1% (Q1 2026), 79.55% (Q4 2025), and 79.07% (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Jan 31, 2026 80.10%
Oct 31, 2025 79.55%
Jul 31, 2025 79.07%
Apr 30, 2025 78.04%
Jan 31, 2025 78.97%
Oct 31, 2024 79.86%
Jul 31, 2024 79.44%
Apr 30, 2024 77.99%
Jan 31, 2024 76.14%
Oct 31, 2023 73.53%
Jul 31, 2023 74.37%
Apr 30, 2023 75.53%
Jan 31, 2023 76.21%
Oct 31, 2022 74.20%
Jul 31, 2022 73.64%
Apr 30, 2022 73.91%
Jan 31, 2022 72.28%
Oct 31, 2021 71.85%
Jul 31, 2021 71.66%
Apr 30, 2021 69.89%