Box Operating Margin Growth & History (BOX)
Box's operating margin was 7.07% for fiscal 2026.
View full Box company overviewBox annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | 7.07% | −0.24 pp |
| 2025 | 2025-01-31 | 7.31% | +2.41 pp |
| 2024 | 2024-01-31 | 4.89% | +1.17 pp |
| 2023 | 2023-01-31 | 3.72% | +6.88 pp |
| 2022 | 2022-01-31 | −3.16% | +1.72 pp |
| 2021 | 2021-01-31 | −4.88% | +15.15 pp |
| 2020 | 2020-01-31 | −20.03% | +2.03 pp |
| 2019 | 2019-01-31 | −22.06% | +8.37 pp |
| 2018 | 2018-01-31 | −30.43% | +7.37 pp |
| 2017 | 2017-01-31 | −37.80% | +28.61 pp |
| 2016 | 2016-01-31 | −66.40% | +10.60 pp |
| 2015 | 2015-01-31 | −77.00% | +50.85 pp |
| 2014 | 2014-01-31 | −127.85% | — |
Box quarterly operating margin
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2027 | 2026-07-31 | 10.16% | +3.16 pp |
| Q1 2027 | 2026-04-30 | 8.97% | +6.68 pp |
| Q4 2026 | 2026-01-31 | 10.20% | +3.79 pp |
| Q3 2026 | 2025-10-31 | 8.32% | −0.16 pp |
| Q2 2026 | 2025-07-31 | 7.00% | −0.51 pp |
| Q1 2026 | 2025-04-30 | 2.29% | −4.51 pp |
| Q4 2025 | 2025-01-31 | 6.42% | −1.63 pp |
| Q3 2025 | 2024-10-31 | 8.48% | +4.13 pp |
| Q2 2025 | 2024-07-31 | 7.51% | +3.73 pp |
| Q1 2025 | 2024-04-30 | 6.80% | +3.49 pp |
| Q4 2024 | 2024-01-31 | 8.05% | +0.37 pp |
| Q3 2024 | 2023-10-31 | 4.35% | −1.00 pp |
| Q2 2024 | 2023-07-31 | 3.78% | +2.50 pp |
| Q1 2024 | 2023-04-30 | 3.31% | +3.05 pp |
| Q4 2023 | 2023-01-31 | 7.68% | +7.76 pp |
| Q3 2023 | 2022-10-31 | 5.35% | +10.30 pp |
| Q2 2023 | 2022-07-31 | 1.28% | +4.13 pp |
| Q1 2023 | 2022-04-30 | 0.26% | +5.33 pp |
| Q4 2022 | 2022-01-31 | −0.07% | +1.58 pp |
| Q3 2022 | 2021-10-31 | −4.95% | −3.61 pp |
| Q2 2022 | 2021-07-31 | −2.85% | +1.06 pp |
| Q1 2022 | 2021-04-30 | −5.07% | +8.14 pp |
| Q4 2021 | 2021-01-31 | −1.65% | +13.92 pp |
| Q3 2021 | 2020-10-31 | −1.33% | +20.81 pp |
| Q2 2021 | 2020-07-31 | −3.91% | +17.12 pp |
| Q1 2021 | 2020-04-30 | −13.21% | +8.50 pp |
| Q4 2020 | 2020-01-31 | −15.57% | −2.32 pp |
| Q3 2020 | 2019-10-31 | −22.15% | +3.16 pp |
| Q2 2020 | 2019-07-31 | −21.02% | +4.09 pp |
| Q1 2020 | 2019-04-30 | −21.71% | +3.81 pp |
| Q4 2019 | 2019-01-31 | −13.25% | +10.52 pp |
| Q3 2019 | 2018-10-31 | −25.31% | +7.61 pp |
| Q2 2019 | 2018-07-31 | −25.11% | +6.61 pp |
| Q1 2019 | 2018-04-30 | −25.52% | +8.58 pp |
| Q4 2018 | 2018-01-31 | −23.77% | +9.34 pp |
| Q3 2018 | 2017-10-31 | −32.91% | +3.80 pp |
| Q2 2018 | 2017-07-31 | −31.72% | +7.90 pp |
| Q1 2018 | 2017-04-30 | −34.11% | +8.70 pp |
| Q4 2017 | 2017-01-31 | −33.11% | +25.22 pp |
| Q3 2017 | 2016-10-31 | −36.72% | +33.25 pp |
| Q2 2017 | 2016-07-31 | −39.62% | +28.15 pp |
| Q1 2017 | 2016-04-30 | −42.81% | +28.26 pp |
| Q4 2016 | 2016-01-31 | −58.32% | +14.85 pp |
| Q3 2016 | 2015-10-31 | −69.97% | +8.48 pp |
| Q2 2016 | 2015-07-31 | −67.77% | +6.69 pp |
| Q1 2016 | 2015-04-30 | −71.06% | +12.28 pp |
| Q4 2015 | 2015-01-31 | −73.17% | — |
| Q3 2015 | 2014-10-31 | −78.45% | — |
| Q2 2015 | 2014-07-31 | −74.46% | — |
| Q1 2015 | 2014-04-30 | −83.35% | — |
Box operating margin trends
Over the last five fiscal years, Box's operating margin increased from −4.88% to 7.07%, a change of +11.95 percentage points. The latest reported quarter, Q2 2027, shows 10.16%.
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Box source filings ↗Community posts
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