BOX INC

For the period ended Jan 31, 2024. Filed Mar 11, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 11, 2024

BOX$42.55+2.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share data)

	Year Ended January 31,
	2024	2023	2022
Revenue	$1,037,741	$990,874	$874,332
Cost of revenue	260,612	252,556	249,484
Gross profit	777,129	738,318	624,848
Operating expenses:
Research and development	248,767	243,529	218,523
Sales and marketing	348,638	331,400	298,635
General and administrative	128,971	126,549	135,316
Total operating expenses	726,376	701,478	652,474
Income (loss) from operations	50,753	36,840	(27,626)
Interest and other income (expense), net	11,833	(2,433)	(9,838)
Income (loss) before income taxes	62,586	34,407	(37,464)
(Benefit from) provision for income taxes	(66,446)	7,624	3,995
Net income (loss)	129,032	26,783	(41,459)
Accretion and dividend on series A convertible preferred stock	(17,105)	(17,110)	(12,419)
Undistributed earnings attributable to preferred stockholders	(12,780)	(1,106)	—
Net income (loss) attributable to common stockholders	$99,147	$8,567	$(53,878)
Net income (loss) per share attributable to common stockholders
Basic	$0.69	$0.06	$(0.35)
Diluted	$0.67	$0.06	$(0.35)
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders
Basic	144,203	143,592	155,598
Diluted	148,586	150,192	155,598

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.