BOX INC

For the period ended Jan 31, 2025. Filed Mar 10, 2025.

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.

FY2025 · Filed Mar 10, 2025

BOX$41.65-0.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(In thousands, except per share data)

	Year Ended January 31,
	2025	2024	2023
Revenue	$1,090,130	$1,037,741	$990,874
Cost of revenue	228,105	260,612	252,556
Gross profit	862,025	777,129	738,318
Operating expenses:
Research and development	264,853	248,767	243,529
Sales and marketing	380,154	348,638	331,400
General and administrative	137,384	128,971	126,549
Total operating expenses	782,391	726,376	701,478
Income from operations	79,634	50,753	36,840
Interest income	23,709	18,714	5,904
Interest expense	(6,075)	(3,841)	(4,872)
Other expense, net	(12,108)	(3,040)	(3,465)
Income before income taxes	85,160	62,586	34,407
(Benefit from) provision for income taxes	(159,461)	(66,446)	7,624
Net income	244,621	129,032	26,783
Accretion and dividend on series A convertible preferred stock	(17,143)	(17,105)	(17,110)
Undistributed earnings attributable to preferred stockholders	(25,911)	(12,780)	(1,106)
Net income attributable to common stockholders	$201,567	$99,147	$8,567
Net income per share attributable to common stockholders
Basic	$1.40	$0.69	$0.06
Diluted	$1.36	$0.67	$0.06
Weighted-average shares used to compute net income per share attributable to common stockholders
Basic	144,228	144,203	143,592
Diluted	148,643	148,586	150,192

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.