Box (BXCAP) Operating Margin (2014 - 2026)
Box posted quarterly Operating Margin of 10.21% for Q1 2026, down 1662.0% year-on-year from 0.65% in Q1 2025, and down 222.61% on a QoQ basis from 8.32% in Q4 2025.
Box (BXCAP) has 13 years of Operating Margin data on file, last reported at 10.21% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 1662.0% year-over-year to 10.21%; the trailing twelve-month figure through Jan 2026 stood at 1.76% (down 554.0% YoY), and the FY2026 full-year result was 1.76%, down 554.0% from the prior year.
- Operating Margin for Q1 2026 stood at 10.21%, down from 8.32% in the prior quarter.
- Across five years, Operating Margin topped out at 8.48% in Q4 2024 and bottomed at 10.21% in Q1 2026.
- The 5-year median for Operating Margin is 5.35% (2022), against an average of 3.97%.
- The widest annual swing landed in 2024, when Operating Margin surged 1191 bps; it then plunged 1662 bps in 2026.
- A 5-year view of Operating Margin shows it stood at 5.35% in 2022, then declined by 19 bps to 4.35% in 2023, then jumped by 95 bps to 8.48% in 2024, then decreased by 2 bps to 8.32% in 2025, then sank by 223 bps to 10.21% in 2026.
- The last three Operating Margin figures came in at 10.21% (Q1 2026), 8.32% (Q4 2025), and 7.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 46.33% |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 31.79% |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 46.18% |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 15.30% |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 1.06% |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 31.36% |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | -9.69% |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 8.43% |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | -6.93% |
| 10 | Box | - | - | 245.00 Mn | -10.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -10.21% |
| Oct 31, 2025 | 8.32% |
| Jul 31, 2025 | 7.00% |
| Apr 30, 2025 | 2.29% |
| Jan 31, 2025 | 6.42% |
| Oct 31, 2024 | 8.48% |
| Jul 31, 2024 | 7.51% |
| Apr 30, 2024 | 6.80% |
| Jan 31, 2024 | 8.05% |
| Oct 31, 2023 | 4.35% |
| Jul 31, 2023 | 3.78% |
| Apr 30, 2023 | 3.31% |
| Jan 31, 2023 | -3.86% |
| Oct 31, 2022 | 5.35% |
| Jul 31, 2022 | 1.28% |
| Apr 30, 2022 | 0.26% |
| Jan 31, 2022 | 8.40% |
| Oct 31, 2021 | -4.95% |
| Jul 31, 2021 | -2.85% |
| Apr 30, 2021 | -5.07% |
| Jan 31, 2021 | -1.65% |
| Oct 31, 2020 | -1.33% |
| Jul 31, 2020 | -3.91% |
| Apr 30, 2020 | -13.21% |
| Jan 31, 2020 | -15.57% |
| Oct 31, 2019 | -22.15% |
| Jul 31, 2019 | -21.02% |
| Apr 30, 2019 | -21.71% |
| Jan 31, 2019 | 51.66% |
| Oct 31, 2018 | -25.31% |
| Jul 31, 2018 | -25.11% |
| Apr 30, 2018 | -25.52% |
| Jan 31, 2018 | 51.77% |
| Oct 31, 2017 | -32.91% |
| Jul 31, 2017 | -31.72% |
| Apr 30, 2017 | -34.11% |
| Jan 31, 2017 | -33.11% |
| Oct 31, 2016 | -36.72% |
| Jul 31, 2016 | -39.62% |
| Apr 30, 2016 | -42.81% |
| Jan 31, 2016 | -58.32% |
| Oct 31, 2015 | -69.97% |
| Jul 31, 2015 | -67.77% |
| Apr 30, 2015 | -71.06% |
| Jan 31, 2015 | 101.27% |
| Oct 31, 2014 | -78.45% |
| Jul 31, 2014 | -74.46% |
| Apr 30, 2014 | -83.35% |