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Box (BOX) gross margin by quarter

Box's gross margin was 79.1% in Q2 FY27 (second quarter fiscal 2027), -0.4 pts from Q1 FY27. Over the last 7 quarters it ranged from 78.0% (Q1 FY26) to 80.1% (Q4 FY26).

Box gross margin by quarterBox gross margin by quarter79.0%Q4 FY2578.0%Q1 FY2679.1%Q2 FY2679.6%Q3 FY2680.1%Q4 FY2679.5%Q1 FY2779.1%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY2779.1%-0.4 pts+0.0 pts
Q1 FY2779.5%-0.6 pts+1.5 pts
Q4 FY2680.1%+0.5 pts+1.1 pts
Q3 FY2679.6%+0.5 pts—
Q2 FY2679.1%+1.0 pts—
Q1 FY2678.0%-0.9 pts—
Q4 FY2579.0%——

Q2 FY27 at a glance

Box, Q2 FY27: revenue $321M (+9% year over year), operating margin 10.2%, net earnings $19.2M, operating cash flow $70.8M. The chart follows the revenue to costs, profit and cash.

Questions

What is Box's gross margin?

Box's gross margin was 79.1% in Q2 FY27 (second quarter fiscal 2027), -0.4 pts from Q1 FY27.

How has Box's gross margin changed?

Over the last 7 quarters it ranged from 78.0% (Q1 FY26) to 80.1% (Q4 FY26).

Q2 FY27 results → · How Box makes money →