Box, Inc.

BOX Technology Software Infrastructure

Box, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $1.2 billion, up 7.99% from fiscal 2025. In the quarter to July 2026, revenue grew 9.23%, EPS grew 66.7%, free cash flow grew 65.8% and total debt fell 30.9%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for ten, operating cash flow growth for five.

39.56 0.08 +0.20%
Market cap
$5.4B
P/E
54.9×
Fwd P/E
64.3×
Dividend yield
—
F-score
6/9
Altman Z
1.43
Beneish M
−3.01
Dividend safety
n/a

Insider Decisions trades per month

Total sells 11.19
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 2 5 2 1 4 4 4 6 3 2 3 2
Insider Ownership 3.92%

Capital & Financial Ratios $m

Market Cap 5,420.00
Revenue 1,234.07
Net Income 130.69
Free Cash Flow 349.97
Net Debt 8.08
Current Ratio 1.06
Debt/Equity (1.29) (negative: negative equity)
P/E ratio 54.94 (above 35: high)
Fwd P/E 64.30 (above 35: high)
P/S ratio 4.40
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 6.94%
Next Y EPS Growth 12.92%
Next Y revenue growth 9.58%
Next 5Y EPS Growth 12.82%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 73.07%
10-year low 10-year high
P/S against its own 10 years 54.37%
10-year low 10-year high
EV/Sales against its own 10 years 70.95%
10-year low 10-year high
EV/FCF against its own 10 years 43.03%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2018 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 481 723 478 444
Receivables 281 293 325 214
Inventory — — — —
Other — — — —
842 1,098 891 758
2024 2025 2026 Q'26
Payables 80 80 97 85
ST’ Debt — 204 — —
Other — — — —
679 922 803 716

Compound Annual Growth %

10y 5y 3y
Sales 14.55% 8.84% 5.91%
Cash Flow 0.00% 12.61% 6.15%
Earnings 0.00% 0.00% 116.60%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Apr Jul Oct Jan Year
’26 306 321 — — —
’26 276 294 301 306 1,177
’25 265 270 276 280 1,090
’24 252 261 262 263 1,038
’23 238 246 250 256 991
’22 202 214 224 233 874
’21 184 192 196 199 771
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Apr Jul Oct Jan Year
’26 140 71 — — —
’26 127 46 73 110 356
’25 131 36 63 102 332
’24 125 33 72 89 319
’23 108 28 70 92 298
’22 95 45 46 49 235
’21 62 32 45 58 197
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Apr Jul Oct Jan Year
’26 129 60 — — —
’26 118 36 61 100 316
’25 127 33 57 93 310
’24 119 30 66 86 300
’23 105 26 65 85 281
’22 92 42 44 46 224
’21 57 28 41 55 180
Fiscal quarters ending in the months shown.

EPS $

Apr Jul Oct Jan Year
’26 0.08 0.09 — — —
’26 0.02 0.05 0.05 0.47 0.58
’25 0.08 0.10 0.05 1.12 1.36
’24 0.02 0.04 0.04 0.57 0.67
’23 (0.06) (0.02) 0.03 0.10 0.06
’22 (0.09) (0.08) (0.12) (0.06) (0.35)
’21 (0.17) (0.05) (0.03) (0.03) (0.28)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 13.90 15.64 12.46 8.64 16.85 22.31 23.29 24.28 28.00 21.34

Analyst estimates 2027–2029

Powerpack
High 24.10 29.79 24.93 22.09 28.13 33.04 34.98 35.74 38.80 40.03
People
People Employees 1,495 1,784 1,980 2,046 1,934 2,172 2,487 2,530 2,810 2,912
Revenue/emp, $m 0.27 0.28 0.31 0.34 0.40 0.40 0.40 0.41 0.39 0.40
Income, $m
Income, $m Revenue 399 506 608 696 771 874 991 1,038 1,090 1,177
Gross margin, % 71.87 73.28 71.47 69.04 70.84 71.47 74.51 74.89 79.08 79.22
EBT (151) (154) (133) (143) (42) (37) 34 63 85 99
EBT margin, % (37.85) (30.47) (21.90) (20.53) (5.48) (4.28) 3.47 6.03 7.81 8.39
Net income (152) (155) (135) (144) (43) (41) 27 129 245 115
Depreciation 58 62 64 85 112 124 120 105 75 86
Per share, $
Per share, $ Revenue 3.13 3.78 4.30 4.71 4.95 5.62 6.90 7.20 7.56 8.16
Earnings (1.19) (1.16) (0.95) (0.98) (0.28) (0.35) 0.06 0.69 1.40 0.60
Cash flow (0.02) 0.26 0.39 0.30 1.26 1.51 2.08 2.21 2.30 2.47
Capex (0.12) (0.09) (0.12) (0.09) (0.11) (0.07) (0.11) (0.13) (0.15) (0.28)
Free cash flow (0.14) 0.18 0.27 0.21 1.16 1.44 1.96 2.08 2.15 2.19
Book value 0.59 0.11 0.22 0.15 0.97 (2.54) (3.65) (2.99) (2.06) (2.08)
Shares, m 127 134 141 148 156 156 144 144 144 144
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 639.80 37.65 23.85 42.43
P/S 5.46 5.89 4.86 3.19 3.56 4.65 4.64 3.61 4.42 3.17
P/B 29.12 199.00 94.16 99.34 18.18 0.00 0.00 0.00 0.00 0.00
EV/Sales 5.17 5.61 4.64 3.22 3.38 4.50 4.62 3.54 4.35 3.32
EV/FCF (117.53) 121.24 75.34 72.28 14.48 17.55 16.28 12.23 15.30 12.40
Cash, $m
Cash, $m Operating cash flow (2) 35 55 45 197 235 298 319 332 356
Capex (15) (12) (18) (13) (16) (10) (16) (18) (22) (41)
Free cash flow (17) 24 38 31 180 224 281 300 310 316
Balance, $m
Balance, $m Working capital 24 5 (35) (120) 266 198 91 163 176 89
Total debt 76 86 113 218 456 453 446 371 653 451
Net debt (102) (122) (105) 23 (139) (133) (15) (110) (70) (27)
Shareholders’ equity 75 15 31 22 151 (395) (524) (431) (297) (299)
Returns, %
Returns, % ROA (30.63) (29.59) (22.37) (17.93) (3.76) (3.93) 0.66 8.10 13.86 5.42
ROIC 0.00 0.00 0.00 (192.86) (196.91) 0.00 0.00 0.00 0.00 0.00
ROE (142.77) (345.51) (580.56) (536.99) (50.09) 44.16 (1.86) (20.77) (55.37) (29.20)
Negative figures in brackets.

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Charts ten years each

Box, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DOX Amdocs Limited $6.5B 14.2× 10.2× +2.66% (above 0%: growing) −57.55% (below 0%: shrinking) −18.84% (below 0%: shrinking) 39.76% 8.90% Compare
WEX WEX Inc. $6.2B 17.9× 12.5× +14.24% (above 0%: growing) +58.08% (above 0%: growing) −152.65% (below 0%: shrinking) 61.54% 26.94% Compare
VRNS Varonis Systems, Inc. $5.4B — (loss-making) — (loss-making) +18.31% (above 0%: growing) n/m +15.62% (above 0%: growing) 75.27% (22.57%) Compare
BOX Box, Inc. $5.4B 54.9× 64.3× +9.23% (above 0%: growing) +66.67% (above 0%: growing) +65.84% (above 0%: growing) 79.08% 10.16%
ACIW ACI Worldwide, Inc. $5.3B 24.0× 17.0× +7.27% (above 0%: growing) +158.33% (above 0%: growing) +35.07% (above 0%: growing) 42.18% 10.37% Compare
RELY Remitly Global, Inc. $5.2B 16.7× 28.8× +20.23% (above 0%: growing) +3,166.67% (above 0%: growing) +197.33% (above 0%: growing) 62.07% 13.47% Compare
BB BlackBerry Limited $5.1B 59.9× 67.1× +26.00% (above 0%: growing) +200.00% (above 0%: growing) +1,470.59% (above 0%: growing) 77.83% 20.58% Compare
BLSH Bullish $4.8B — (loss-making) — (loss-making) −44.34% (below 0%: shrinking) n/m +2.25% (above 0%: growing) 0.25% (0.87%) Compare
CORZ Core Scientific, Inc. $4.6B — (loss-making) — (loss-making) +108.83% (above 0%: growing) n/m −852.12% (below 0%: shrinking) 42.66% (47.79%) Compare
Median of peers $5.3B 17.9× 17.0× +16.28% +158.33% +8.94% 52.10% 9.63%

All 173 Software Infrastructure stocks →

Box, Inc. (BOX) key facts

  • Strength: Box, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $1.2 billion, up 7.99% from fiscal 2025.
  • Box, Inc. (BOX) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, BOX traded at $39.56, a market capitalization of $5.4 billion.
  • Return on equity was −29.2% and debt-to-equity -1.29.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.43 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Box, Inc. (BOX) Latest News

1 Sep

Impact 4 · transcript
stockrow.com/BOX · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com