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Box Inc
F:3BX

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Box Inc
F:3BX
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Price: 22.87 EUR 6.82% Market Closed
Market Cap: €3.3B

Box Inc
Investor Relations

Box makes cloud software that helps businesses store, share, manage, and secure their files and documents in one place. Its main product is a subscription-based content management platform that lets employees work on documents, collaborate with teammates, and control who can view or edit sensitive information. Customers use Box instead of juggling email attachments, shared drives, and scattered file systems. Box sells mainly to companies, government agencies, and other organizations that need tight control over information and document workflows. It earns money mostly through recurring subscription fees for access to its software, with pricing tied to the features, security controls, and storage customers need. Many customers also buy add-on capabilities for workflow automation, e-signatures, and deeper security and compliance tools. What makes Box different is that it sits in the middle of a business’s information flow rather than being just another file-storage app. It is built for organizations that care about security, permissions, audit trails, and compliance, so it fits well in industries like finance, healthcare, legal, and the public sector. That gives Box a role as a trusted document layer for enterprises, not a consumer cloud drive.

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Last Earnings Call
Fiscal Period
Q1 2027
Call Date
May 26, 2026
AI Summary
Q1 2027

Strong quarter: Box said Q1 fiscal 2027 was its strongest start to a year in a while, with revenue up 11% year over year and the first double-digit growth rate in over 12 quarters.

Enterprise Advanced drives growth: Management repeatedly pointed to Enterprise Advanced as the main growth engine, with higher net retention than the company average and a 30% to 40% price premium versus Enterprise Plus.

AI is starting to monetize: Box said customers are using Box AI, Box Agent, Box Extract and Box Automate for document-heavy workflows, and AI unit consumption plus API usage are beginning to add to revenue.

Guidance raised: Box increased full-year revenue guidance by $5 million to about $1.28 billion and lifted EPS expectations to about $1.56, while holding gross margin at 81% to 81.5%.

Margins and cash flow: Operating margin came in above guidance at 27.7%, free cash flow hit a record $128 million, and Box continued buybacks, repurchasing 4.8 million shares in the quarter.

Demand remains healthy: Management said pipeline is building, billings beat expectations, commercial demand stayed strong globally, and customers are urgently trying to prepare content and workflows for AI agents.

Key Financials
Revenue
$306 million
Billings
$255 million
Gross margin
81.5%
Operating margin
27.7%
EPS
$0.37
Free cash flow
$128 million
Cash flow from operations
$140 million
Remaining performance obligations
$1.6 billion
Net retention rate
105%
Annualized full churn rate
3%
Suites customers share of revenue
67%
Cash and investments
$479 million
Share repurchases
4.8 million shares for approximately $114 million
Remaining buyback capacity
approximately $445 million
Q2 revenue guidance
about $319 million
Q2 EPS guidance
about $0.39
FY 2027 revenue guidance
about $1.28 billion
FY 2027 EPS guidance
about $1.56
Weighted average diluted shares
approximately 139 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Aaron Levie
Co-Founder, CEO & Director
No Bio Available
Mr. Dylan Smith
Co-Founder & CFO
No Bio Available
Ms. Olivia Nottebohm
Chief Operating Officer
No Bio Available
Mr. Eliahu Berkovitch
VP, Chief Accounting Officer & Controller
No Bio Available
Mr. Ravi Malick
Global Chief Information Officer
No Bio Available
Ms. Cynthia Hiponia
Vice President of Investor Relations
No Bio Available
Mr. David Leeb J.D.
Chief Legal Officer & Corporate Secretary
No Bio Available
Ms. Jessica Swank
Chief People Officer & Senior VP
No Bio Available
Mr. Jon Herstein
Chief Customer Officer
No Bio Available
Mr. Katsunori Furuichi
President & MD of Japan
No Bio Available

Contacts

Address
CALIFORNIA
Redwood City
900 Jefferson Ave
Contacts
+18777294269.0
www.box.com
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