Filing Flows › Box (BOX) › Q4 FY25
Box (BOX) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 10, 2025
Box (BOX) reported revenue of $280M for the fourth quarter fiscal 2025 (Q4 FY25), +6% from a year earlier and +1% from the quarter before. Operating margin was 6.4%, net earnings $194M (69.4% of revenue).
Box, Q4 FY25: revenue $280M (+6% year over year), operating margin 6.4%, net earnings $194M, operating cash flow $102M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $280M | +1% | +6% |
| Gross profit | $221M | +0.2% | +10% |
| Operating profit | $17.9M | -23% | -15% |
| Net earnings | $194M | 15× | +96% |
| Operating cash flow | $102M | +63% | +14% |
| Free cash flow | $102M | +63% | +14% |
What changed
Revenue was $279.5M in Q4 FY25, up 6% year over year and up 1% from the previous quarter.
Gross margin was 79.0%, up 2.8 points from a year earlier. Operating profit was $17.9M, a 6.4% margin (down 1.6 points year over year). Operating profit fell $3.2M even though revenue rose $16.6M versus a year earlier, so costs grew faster than sales. Operating expenses grew 13% against revenue growth of 6%. The fastest-growing cost line was General & admin (+19%). Net earnings were $194.0M, up 96% year over year. The tax line was a benefit of $173.0M on pre-tax earnings of $21.0M.
Operating cash flow was $102.2M (up 14% year over year), 53% of net earnings. Non-cash charges added back $6.2M of depreciation and amortization and $57.1M of share-based compensation. Working capital and other items used $155.2M. Capital expenditures of $628K left free cash flow of $101.5M.
Questions
What was Box's revenue in the fourth quarter fiscal 2025?
Box (BOX) reported revenue of $280M for the fourth quarter fiscal 2025 (Q4 FY25), +6% from a year earlier and +1% from the quarter before.
Was Box profitable in the fourth quarter fiscal 2025?
Operating profit was $17.9M (6.4% of revenue) and net earnings $194M.
Source: Box 10-K on SEC EDGAR.