← BOX INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($151.8m) | ($155.0m) | ($134.6m) | ($144.3m) | ($43.4m) | ($41.5m) | $26.8m | $129.0m | $244.6m | $115.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($151.8m) | ($155.0m) | ($134.6m) | ($144.3m) | ($43.4m) | ($53.9m) | $8.6m | $99.1m | $201.6m | $87.1m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | ($134.6m) | ($144.3m) | ($43.4m) | ($41.5m) | $26.8m | $129.0m | $244.6m | $115.4m | |
| Depreciation and amortization | $40.2m | $40.1m | $46.3m | $59.4m | $75.5m | $78.2m | $66.0m | $51.2m | $22.1m | $32.9m | |
| Amortization of Intangible Assets | $3.4m | $500k | — | — | — | — | — | $16.6m | $17.1m | $31.2m | |
| Capitalized Computer Software, Amortization | — | — | — | — | $9.5m | — | — | — | — | — | |
| Depreciation | $36.8m | $39.5m | $46.3m | $58.2m | $68.1m | $63.9m | $51.2m | $37.0m | $8.2m | $8.3m | |
| Deferred Income Tax Expense (Benefit) | ($4k) | ($356k) | ($649k) | ($271k) | ($349k) | ($1.9m) | $1.6m | ($75.3m) | ($171.2m) | ($31.5m) | |
| Share-based Payment Arrangement, Noncash Expense | $78.4m | $97.5m | $119.3m | $146.0m | $154.3m | $179.0m | $185.6m | $198.8m | $219.0m | $233.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $17.6m | $34.8m | $43.8m | $43.3m | $48.8m | $57.4m | $93.9m | $74.7m | $79.3m | $85.3m | |
| Share-based Payment Arrangement, Expense | $78.4m | $97.5m | $119.3m | $146.0m | $154.3m | $179.0m | $185.6m | $198.8m | $219.0m | $233.7m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment | $87k | $107k | ($585k) | ($47k) | — | — | $601k | $2.9m | $8.4m | $309k | |
| Income Tax Expense (Benefit) | $914k | $715k | $1.4m | $1.4m | $1.2m | $4.0m | $7.6m | ($66.4m) | ($159.5m) | ($16.7m) | |
| Other Nonoperating Income (Expense) | $678k | $789k | $1.3m | ($1.1m) | $2.4m | ($9.8m) | ($2.4m) | $11.8m | ($12.1m) | $1.5m | |
| Changes in operating assets and liabilities: | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $20.6m | $42.0m | $12.4m | $34.3m | $18.9m | $27.2m | $8.9m | $21.9m | $14.5m | $31.2m | |
| Increase (Decrease) in Accounts Payable | ($1.1m) | $6.9m | $1.7m | ($100k) | ($12.3m) | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $11.1m | $14.5m | $16.3m | $6.0m | $10.3m | — | $7.7m | $1.3m | $19.1m | $1.5m | |
| Purchases of property and equipment, accrued but unpaid | $15.0m | $11.8m | $14.8m | $5.5m | $9.1m | $4.7m | $5.0m | $4.7m | $2.6m | $6.1m | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | $0 | — | — | — | — | — | — | — | |
| General and Administrative Expense | $68.2m | $84.8m | $93.1m | $102.8m | $106.7m | $135.3m | $126.5m | $129.0m | $137.4m | $150.9m | |
| Goodwill | $16.3m | $16.3m | $18.7m | $18.7m | $18.7m | $74.5m | $73.9m | $76.8m | $77.0m | $82.3m | |
| Induced Conversion of Convertible Debt Expense | — | — | — | — | — | — | $0 | $0 | $2.1m | $0 | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $23.7m | $24.7m | |
| Operating Expenses | $437.1m | $524.9m | $569.0m | $620.2m | $583.7m | $652.5m | $701.5m | $726.4m | $782.4m | $849.4m | |
| Net Cash Provided by (Used in) Operating Activities | ($1.2m) | $61.8m | $55.3m | $44.7m | $196.8m | $234.8m | $298.0m | $318.7m | $332.3m | $356.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $15.0m | $11.8m | $14.8m | $5.5m | $9.1m | $4.7m | $5.0m | $4.7m | $2.6m | $6.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $59.4m | — | $2.7m | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | ($107k) | ($514k) | $815k | $190k | $3.5m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($7.6m) | ($11.7m) | ($16.2m) | ($13.3m) | ($16.4m) | ($239.4m) | $120.6m | ($82.8m) | ($23.2m) | ($42.7m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $7.1m | — | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $15.7m | $17.5m | $21.9m | $23.4m | $18.6m | $25.4m | $32.2m | $28.2m | $25.9m | $27.2m | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $561.6m | $274.2m | $177.1m | $211.1m | $289.8m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | ($3.7m) | ($5.1m) | ($4.2m) | ($3.8m) | ($3.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $479k | ($19.8m) | ($29.6m) | ($53.4m) | $218.7m | ($172.9m) | ($396.5m) | ($272.9m) | ($62.4m) | ($569.5m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($39k) | $408k | $9.3m | ($22.2m) | $399.9m | ($178.6m) | $12.2m | ($44.8m) | $241.9m | ($249.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($39k) | $408k | $217.8m | $195.6m | $595.5m | ($1.2m) | ($9.9m) | ($7.8m) | ($4.8m) | $6.4m | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | $231.2m | $256.2m | $286.5m | $171.1m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $2.6m | $5.5m | $7.5m | $4.7m | $2.8m | $1.7m | — | — | |
| Income Taxes Paid, Net | $239k | $1.3m | $1.6m | $2.8m | $1.5m | $2.0m | $7.0m | $8.4m | $13.6m | $12.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.