Inferra AI / Company / BOX
Box Inc.
BOX · Information Technology
Last earnings Aug 25, 2026
Key results
Revenuequarter
$294 Million
Revenue of $294 Million, up 9% Year-Over-Year, up 7% in Constant Currency Remaining Performance Obligations of $1.5 Billion, up 16% Year-Over-Year, up 16% in
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Growthquarter
up 9%
Revenue of $294 Million, up 9% Year-Over-Year, up 7% in Constant Currency Remaining Performance Obligations of $1.5 Billion, up 16% Year-Over-Year, up 16% in
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Constant Currency GAAP operating marginquarter
7.0%
Constant Currency GAAP Operating Margin of 7.0% and
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Non-GAAP operating marginquarter
28.6%
Non-GAAP Operating Margin of 28.6% GAAP Net Income Per Share of $0.05 and Non-GAAP Net Income Per Share of $0.33 REDWOOD CITY, Calif.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
GAAP net incomequarter
$0.05
Non-GAAP Operating Margin of 28.6% GAAP Net Income Per Share of $0.05 and Non-GAAP Net Income Per Share of $0.33 REDWOOD CITY, Calif.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Non-GAAP net incomequarter
$0.33
Non-GAAP Operating Margin of 28.6% GAAP Net Income Per Share of $0.05 and Non-GAAP Net Income Per Share of $0.33 REDWOOD CITY, Calif.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
” Fiscal Second Quarter Financial Highlights All comparisons are against the prior year comparable quarter • Revenue of $294.0 million, up 9%, or 7% on a constant currency basis.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
GAAP operating incomequarter
$20.6 million
• GAAP operating income of $20.6 million, or 7.0% of revenue, up from $20.3 million, or 7.5% of revenue.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Operating incomequarter
$84.0 million
• Record non-GAAP operating income of $84.0 million, or 28.6% of revenue, up from $76.7 million, or 28.4% of revenue.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Non-GAAP EPSquarter
$0.33
• Non-GAAP diluted EPS of $0.33, compared to $0.44, impacted by $0.01 from favorable foreign exchange rates.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Non-GAAP free cash flowquarter
$35.7 million
• Non-GAAP free cash flow of $35.7 million, up 9%.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
AI analysis
Q2 FY2026 · reported Aug 26, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Aug 26, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q2 FY2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $294 Million | — | — |
| Growth | up 9% | — | — |
| Constant Currency GAAP operating margin | 7.0% | — | — |
| Non-GAAP operating margin | 28.6% | — | — |
| GAAP net income | $0.05 | — | — |
| Non-GAAP net income | $0.33 | — | — |
| GAAP operating income | $20.6 million | — | — |
| Operating income | $84.0 million | — | — |
Guidance · company-stated
“is expected to be approximately 8%”
“per share attributable to common stockholders is expected to be in the range of $0.05 to $0.06”
“guidance includes an expected negative impact of $0.04”
“guidance includes an expected negative impact of $0.13”
Guidance stated in the release's Business Outlook table for the third quarter of fiscal year 2026; no direction stated — figures as stated in the table.
Margin
Cash flow & capex
Capital allocation
Box defines non-GAAP net income attributable to common stockholders as GAAP net income attributable to common stockholders excluding expenses related to SBC, acquired intangible assets amortization, amortization of debt issuance costs, the income tax effects related to deferred taxes, induced conversion of convertible notes, undistributed earnings attributable to preferred stockholders, and as applicable, other special items as described in the preceding paragraph.
Box defines non-GAAP free cash flow as cash flows from operating activities less net capital expenditures (purchases of property and equipment less proceeds from sales of property and equipment), principal payments of finance lease liabilities, capitalized internal-use software costs, and other items that did not or are not expected to require cash settlement and that management considers to be outside of Box’s core business.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +1.4% computed from stated figures
Event summary
“These results reflect strong demand for Box AI
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Revenue: “Revenue is expected to be in the range of $298 million to $299 million”
operating margin: “operating margin is expected to be approximately 8%”
net income: “net income per share attributable to common stockholders is expected to be in the range of $0.05 to $0.06”
GAAP EPS: “GAAP EPS guidance includes an expected negative impact of $0.04”
Non-GAAP EPS: “Non-GAAP EPS guidance includes an expected negative impact of $0.13”
Revenue (“the third quarter of fiscal year 2026”)
“Revenue is expected to be in the range of $298 million to $299 million”
operating margin (“the third quarter of fiscal year 2026”)
“operating margin is expected to be approximately 8%”
net income (“the third quarter of fiscal year 2026”)
“net income per share attributable to common stockholders is expected to be in the range of $0.05 to $0.06”
GAAP EPS (“the third quarter of fiscal year 2026”)
“GAAP EPS guidance includes an expected negative impact of $0.04”
Non-GAAP EPS (“the third quarter of fiscal year 2026”)
“Non-GAAP EPS guidance includes an expected negative impact of $0.13”
Guidance stated in the release's Business Outlook table for the third quarter of fiscal year 2026; no direction stated — figures as stated in the table.
Capital allocation
Box defines non-GAAP net income attributable to common stockholders as GAAP net income attributable to common stockholders excluding expenses related to SBC, acquired intangible assets amortization, amortization of debt issuance costs, the income tax effects related to deferred taxes, induced conversion of convertible notes, undistributed earnings attributable to preferred stockholders, and as applicable, other special items as described in the preceding paragraph.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Box defines non-GAAP free cash flow as cash flows from operating activities less net capital expenditures (purchases of property and equipment less proceeds from sales of property and equipment), principal payments of finance lease liabilities, capitalized internal-use software costs, and other items that did not or are not expected to require cash settlement and that management considers to be outside of Box’s core business.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Such estimates include, but are not limited to, the fair value of acquired intangible assets, the useful lives of intangible assets, the incremental borrowing rate we use to determine our lease liabilities, uncertain tax positions and the valuation allowance of deferred income tax assets.
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
Fair Value Measurements of Other Financial Instruments In September 2024, we issued $ 460.0 million aggregate principal amount of 1.50 % convertible senior notes due September 15, 2029 (the 2029 Convertible Notes ).
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
Debt Convertible Senior Notes In September 2024, we issued $ 460.0 million aggregate principal amount of 1.50 % convertible senior notes due September 15, 2029 .
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
As of July 31, 2026 , we had no debt outstanding on the June 2023 Facility and were in compliance with all financial covenants.
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
Strategy & priorities
In this AI-first era, we are doubling down on our Intelligent Content Management platform and will continue to execute on our innovative product roadmap as we shape the future of work.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Our balanced financial approach enables us to continue to make strategic investments in product innovation and key go-to-market initiatives as we deliver the leading Intelligent Content Management platform for the enterprise.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Billings reflect, in any particular period, (1) sales to new customers, plus (2) subscription renewals and (3) expansion within existing customers, and represent amounts invoiced for all products and professional services.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Box considers non-GAAP free cash flow to be a profitability and liquidity measure that provides useful information to management and investors about the amount of cash generated by the business that can possibly be used for investing in Box's business and strengthening its balance sheet, but it is not intended to represent the residual cash flow available for discretionary expenditures.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
In some cases, you can identify forward-looking statements because they contain words such as may, will, should, expects, plans, anticipates, could, intends, target, projects, contemplates, believes, estimates, predicts, potential or continue or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
Risks & headwinds
The following guidance includes the expected impact of FX headwinds, assuming present foreign currency exchange rates.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Box excludes the following expenses as they are considered by management to be special items outside of Box’s core operating results: (1) expenses related to certain litigation, (2) expenses associated with a non-recurring workforce reorganization, consisting primarily of severance and other personnel-related costs, and (3) expenses related to acquisitions.
SEC original ↗Box Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025
Legal Proceedings 35 Item 1A.
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
Exhibits 61 Signatures 62 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties.
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in the section titled Risk Factors and elsewhere in this Quarterly Report on Form 10-Q.
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this Quarterly Report on Form 10-Q may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements.
SEC original ↗Box Inc. — 10-Q Quarterly report10-QAug 26, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q3 2026
- 8-KBOX
Oct 6, 2026
- Q2 2026
- 8-KBOX
Sep 25, 2026
- 10-QBOX
Aug 26, 2026
- 8-KBOX
Aug 25, 2026
- 8-KBOX
Jul 1, 2026
- Q1 2026
- 10-QBOX
May 27, 2026
- 8-KBOX
May 26, 2026
- Q4 2025
- 10-KBOX
Mar 9, 2026
- 8-KBOX
Mar 3, 2026
- Q3 2025
- 10-QBOX
Dec 3, 2025
- 8-KBOX
Dec 2, 2025
- Q2 2025
- 10-QBOX
Aug 27, 2025
- 8-KBOX
Aug 26, 2025
- 8-KBOX
Jul 3, 2025
- Q1 2025
- 10-QBOX
May 29, 2025
- 8-KBOX
May 27, 2025
- Q4 2024
- 10-KBOX
Mar 10, 2025
- 8-KBOX
Mar 4, 2025
- Q3 2024
- 8-KBOX
Dec 20, 2024
- 10-QBOX
Dec 4, 2024
- 8-KBOX
Dec 3, 2024
- Q2 2024
- 8-KBOX
Sep 20, 2024
- 10-QBOX
Aug 30, 2024
- 8-KBOX
Aug 27, 2024
- 8-KBOX
Jul 5, 2024
- Q1 2024
- 10-QBOX
May 30, 2024
- 8-KBOX
May 28, 2024
- 8-KBOX
May 16, 2024
- Q4 2023
- 10-KBOX
Mar 11, 2024
- 8-KBOX
Mar 5, 2024
Earnings releases
11 documentsPresentations
0 documentsNo presentations for Box Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Box Inc. are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Box Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“…short-term investments at closing. P.O. BOX 81226, SEATTLE, WA 98108-1226 WWW.AMAZON.COM The acquisition is subject to customary closing conditions, including regulatory approvals, and is expe”
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