Box (BXCAP) Research & Development (2014 - 2026)
Box posted quarterly Research & Development of $76.6 million for Q1 2026, up 11.19% year-on-year from $68.9 million in Q1 2025, and up 3.56% on a QoQ basis from $73.9 million in Q4 2025.
Box (BXCAP) has 13 years of Research & Development data on file, last reported at $76.6 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 11.19% year-over-year to $76.6 million; the trailing twelve-month figure through Jan 2026 stood at $294.5 million (up 11.21% YoY), and the FY2026 full-year result was $294.5 million, up 11.21% from the prior year.
- Research & Development for Q1 2026 stood at $76.6 million, up from $73.9 million in the prior quarter.
- Across five years, Research & Development topped out at $76.6 million in Q1 2026 and bottomed at $59.1 million in Q1 2022.
- The 5-year median for Research & Development is $62.7 million (2024), against an average of $65.3 million.
- The widest annual swing landed in 2022, when Research & Development grew 21.67%; it then rose 0.25% in 2024.
- A 5-year view of Research & Development shows it stood at $59.1 million in 2022, then grew by 3.25% to $61.0 million in 2023, then gained by 11.21% to $67.9 million in 2024, then climbed by 8.96% to $73.9 million in 2025, then grew by 3.56% to $76.6 million in 2026.
- The last three Research & Development figures came in at $76.6 million (Q1 2026), $73.9 million (Q4 2025), and $71.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 714.99 Mn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | - |
| 10 | Box | - | - | 245.00 Mn | 76.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 76.58 Mn |
| Oct 31, 2025 | 73.95 Mn |
| Jul 31, 2025 | 71.72 Mn |
| Apr 30, 2025 | 72.30 Mn |
| Jan 31, 2025 | 68.87 Mn |
| Oct 31, 2024 | 67.87 Mn |
| Jul 31, 2024 | 65.45 Mn |
| Apr 30, 2024 | 62.67 Mn |
| Jan 31, 2024 | 61.91 Mn |
| Oct 31, 2023 | 61.03 Mn |
| Jul 31, 2023 | 63.32 Mn |
| Apr 30, 2023 | 62.52 Mn |
| Jan 31, 2023 | 60.72 Mn |
| Oct 31, 2022 | 59.11 Mn |
| Jul 31, 2022 | 61.97 Mn |
| Apr 30, 2022 | 61.73 Mn |
| Jan 31, 2022 | 59.11 Mn |
| Oct 31, 2021 | 55.84 Mn |
| Jul 31, 2021 | 52.72 Mn |
| Apr 30, 2021 | 50.86 Mn |
| Jan 31, 2021 | 48.58 Mn |
| Oct 31, 2020 | 49.45 Mn |
| Jul 31, 2020 | 50.12 Mn |
| Apr 30, 2020 | 53.11 Mn |
| Jan 31, 2020 | 53.16 Mn |
| Oct 31, 2019 | 50.65 Mn |
| Jul 31, 2019 | 49.69 Mn |
| Apr 30, 2019 | 46.24 Mn |
| Jan 31, 2019 | 41.36 Mn |
| Oct 31, 2018 | 42.31 Mn |
| Jul 31, 2018 | 41.83 Mn |
| Apr 30, 2018 | 38.25 Mn |
| Jan 31, 2018 | 34.40 Mn |
| Oct 31, 2017 | 34.81 Mn |
| Jul 31, 2017 | 34.04 Mn |
| Apr 30, 2017 | 33.53 Mn |
| Jan 31, 2017 | 31.10 Mn |
| Oct 31, 2016 | 29.65 Mn |
| Jul 31, 2016 | 28.27 Mn |
| Apr 30, 2016 | 26.91 Mn |
| Jan 31, 2016 | 26.59 Mn |
| Oct 31, 2015 | 26.32 Mn |
| Jul 31, 2015 | 26.45 Mn |
| Apr 30, 2015 | 23.13 Mn |
| Jan 31, 2015 | 17.99 Mn |
| Oct 31, 2014 | 17.17 Mn |
| Jul 31, 2014 | 16.35 Mn |
| Apr 30, 2014 | 14.90 Mn |