Filing Flows › Box (BOX) › Q1 FY27 › vs Q1 FY26
Box (BOX) Q1 FY27 vs Q1 FY26 (year over year)
Box's revenue rose $29.7M (+11%) from $276M in Q1 FY26 to $306M in Q1 FY27. Gross margin 79.5% against 78.0% (+1.5 pts).
Box, Q1 FY27: revenue $306M (+11% year over year), operating margin 9.0%, net earnings $17.7M, operating cash flow $140M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 79.5% | 78.0% | +1.5 pts |
| Operating margin | 9.0% | 2.3% | +6.7 pts |
| Net margin | 5.8% | 3.0% | +2.8 pts |
| Free cash flow margin | 45.4% | 45.9% | -0.5 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $306M | $276M | $29.7M | +11% |
| Gross profit | $243M | $216M | $27.6M | +13% |
| Cost of revenue | $62.7M | $60.7M | $2.1M | +3% |
| Operating profit | $27.4M | $6.3M | $21.1M | +333% |
| Operating expenses | $216M | $209M | $6.5M | +3% |
| Pre-tax earnings | $27.5M | $13.1M | $14.4M | +109% |
| Research & development | $75.9M | $72.3M | $3.6M | +5% |
| Sales & marketing | $102M | $99.1M | $2.8M | +3% |
| General & admin | $38.0M | $37.9M | $120K | +0.3% |
| Net earnings | $17.7M | $8.2M | $9.5M | +116% |
| Income tax | $9.8M | $5.0M | $4.8M | +98% |
| Depreciation & amortization | $9.3M | $6.9M | $2.4M | +34% |
| Share-based compensation | $56.3M | $54.9M | $1.4M | +3% |
| Working capital & other | $56.9M | $57.1M | −$184K | -0.3% |
| Operating cash flow | $140M | $127M | $13.1M | +10% |
| Free cash flow (OCF − capex) | $139M | $127M | $12.2M | +10% |
| Capital expenditures | $1.3M | $311K | $962K | +309% |
Questions
How much did Box's revenue grow year over year in Q1 FY27?
Box's revenue rose $29.7M (+11%) from $276M in Q1 FY26 to $306M in Q1 FY27. Gross margin 79.5% against 78.0% (+1.5 pts).