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Box (BOX) R&D spending by quarter

Box's R&D spending was $78.4M in Q2 FY27 (second quarter fiscal 2027), +3% from Q1 FY27. Over the last 7 quarters it ranged from $68.9M (Q4 FY25) to $78.4M (Q2 FY27).

Box R&D spending by quarterBox R&D spending by quarter$68.9MQ4 FY25$72.3MQ1 FY26$71.7MQ2 FY26$73.9MQ3 FY26$76.6MQ4 FY26$75.9MQ1 FY27$78.4MQ2 FY27
QuarterR&D spendingQ/QY/Y
Q2 FY27$78.4M+3%+9%
Q1 FY27$75.9M-0.9%+5%
Q4 FY26$76.6M+4%+11%
Q3 FY26$73.9M+3%—
Q2 FY26$71.7M-0.8%—
Q1 FY26$72.3M+5%—
Q4 FY25$68.9M——

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 R&D spending?

Box's R&D spending was $78.4M in Q2 FY27 (second quarter fiscal 2027), +3% from Q1 FY27.

How has Box's R&D spending changed?

Over the last 7 quarters it ranged from $68.9M (Q4 FY25) to $78.4M (Q2 FY27).

Q2 FY27 results → · How Box makes money →