Superworth

Box profit margin BOX

Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.

Net margin, 12 months
10.6%
Operating margin, 12 months
9.4%
Net margin on a year earlier
−9.7 pts
Peer median
12.3%

Over the twelve months to Jul 31, 2026, Box kept 10.6% of its revenue as net profit, with an operating margin of 9.4% and a gross margin of 79.5%.

Five years earlier its net margin was −4.1%.

The median for 10 infrastructure software stocks of a similar size is 12.3%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20269.8%7.1%79.2%
FY202522.4%7.3%79.1%
FY202412.4%4.9%74.9%
FY20232.7%3.7%74.5%
FY2022−4.7%−3.2%71.5%
FY2021−5.6%−4.9%70.8%
FY2020−20.7%−20.0%69.0%
FY2019−22.1%−22.1%71.5%
FY2018−30.6%−30.4%73.3%
FY2017−38.1%−37.8%71.9%
FY2016−67.0%−66.4%71.2%
FY2015−77.7%−77.0%78.2%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2710.6%−9.7 pts9.4%
Q1 FY2710.3%−11.0 pts8.6%
Q4 FY269.8%−12.6 pts7.1%
Q3 FY2619.8%+5.8 pts6.1%
Q2 FY2620.3%+6.4 pts6.1%
Q1 FY2621.4%+8.3 pts6.2%
Q4 FY2522.4%+10.0 pts7.3%
Q3 FY2514.0%+9.1 pts7.7%
Q2 FY2513.9%+9.1 pts6.7%
Q1 FY2513.1%+9.2 pts5.8%
Q4 FY2412.4%+9.7 pts4.9%
Q3 FY244.9%+4.7 pts4.8%

Against its peers

Companies in Software - Infrastructure nearest Box's size, closest first, today.

Where Box ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Box

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.