Box Inc (BXCAP) Research & Development (2014 - 2026)

Box's Research & Development history runs 13 years deep, the most recent figure standing at $186.0 million for Q1 2026.

• Quarterly Research & Development rose 170.11% year-over-year to $186.0 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $430.8 million (up 22.32% YoY) and the FY2026 annual result came in at $404.0 million, up 52.53% from the prior year.
• Research & Development was $186.0 million for Q1 2026 at Box, up from $73.9 million in the prior quarter.
• Across five years, Research & Development topped out at $186.0 million in Q1 2026 and bottomed at -$444000.0 in Q1 2022.
• A 5-year average of $80.8 million and a median of $81.6 million in 2022 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2022 — Research & Development slumped 100.91% — and 2023, when it surged 13776.58%.
• Box's Research & Development stood at $81.6 million in 2022, then advanced by 7.8% to $87.9 million in 2023, then increased by 8.5% to $95.4 million in 2024, then dropped by 22.49% to $73.9 million in 2025, then soared by 151.57% to $186.0 million in 2026.
• Business Quant data shows BXCAP's Research & Development at $186.0 million in Q1 2026, $73.9 million in Q4 2025, and $71.7 million in Q3 2025.