← BOX INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $398.6m | $506.1m | $608.4m | $696.3m | $770.8m | $874.3m | $990.9m | $1.0b | $1.1b | $1.2b | |
| Cost of Revenue | $112.1m | $135.2m | $173.6m | $215.6m | $224.7m | $249.5m | $252.6m | $260.6m | $228.1m | $244.6m | |
| Gross Profit | $286.5m | $370.9m | $434.8m | $480.7m | $546.0m | $624.8m | $738.3m | $777.1m | $862.0m | $932.6m | |
| Operating Expenses | $437.1m | $524.9m | $569.0m | $620.2m | $583.7m | $652.5m | $701.5m | $726.4m | $782.4m | $849.4m | |
| Operating Income (Loss) | ($150.7m) | ($154.0m) | ($134.2m) | ($139.5m) | ($37.6m) | ($27.6m) | $36.8m | $50.8m | $79.6m | $83.2m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $3.4m | $500k | — | — | — | — | — | $16.6m | $17.1m | $31.2m | |
| Capitalized Computer Software, Amortization | — | — | — | — | $9.5m | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($115.6m) | ($107.7m) | ($90.4m) | ($104.4m) | ($38.9m) | ($51.5m) | ($7.1m) | $14.2m | $13.9m | $21.0m | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $23.7m | $24.7m | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | $10.9m | — | — | — | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | — | $1.1m | $12.8m | $25.9m | $11.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($150.9m) | ($154.2m) | ($133.2m) | ($142.9m) | ($42.2m) | ($37.5m) | $34.4m | $62.6m | $85.2m | $98.7m | |
| 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) | ($0) | ($53.9m) | $8.6m | $99.1m | $201.6m | $87.1m | |
| Earnings Per Share, Basic | — | — | — | — | ($0.28) | ($0.35) | $0.06 | $0.69 | $1.40 | $0.60 | |
| Earnings Per Share, Diluted | — | — | — | — | ($0.28) | ($0.35) | $0.06 | $0.67 | $1.36 | $0.58 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | — | 144k | 144.2m | 144.2m | 144.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | — | 150k | 148.6m | 148.6m | 149.2m | |
| Research and Development Expense | $115.9m | $136.8m | $163.8m | $199.8m | $201.3m | $218.5m | $243.5m | $248.8m | $264.9m | $294.5m | |
| Selling and Marketing Expense | $253.0m | $303.3m | $312.2m | $317.6m | $275.7m | $298.6m | $331.4m | $348.6m | $380.2m | $404.0m | |
| General and Administrative Expense | $68.2m | $84.8m | $93.1m | $102.8m | $106.7m | $135.3m | $126.5m | $129.0m | $137.4m | $150.9m | |
| Other Nonoperating Income (Expense) | $678k | $789k | $1.3m | ($1.1m) | $2.4m | ($9.8m) | ($2.4m) | $11.8m | ($12.1m) | $1.5m | |
| Current Income Tax Expense (Benefit) | $918k | $1.1m | $2.0m | $1.7m | $1.6m | $5.9m | $6.0m | $8.8m | $11.8m | $14.9m | |
| Interest Expense | — | — | — | — | — | — | $4.9m | $3.8m | $6.1m | $10.7m | |
| Income Tax Expense (Benefit) | $914k | $715k | $1.4m | $1.4m | $1.2m | $4.0m | $7.6m | ($66.4m) | ($159.5m) | ($16.7m) | |
| Interest Income (Expense), Nonoperating, Net | ($896k) | ($1.0m) | ($316k) | ($2.3m) | ($7.0m) | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.