NYSE$BOX

Box Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

Box reported strong third quarter fiscal year 2026 financial results, with revenue up 9% year-over-year and billings up 12%.

Box delivered strong third quarter fiscal year 2026 results, with revenue reaching $301.1 million, an increase of 9% year-over-year. The company's remaining performance obligations grew by 18% to $1.5 billion, and billings increased by 12% to $296.0 million. GAAP diluted EPS was $0.05, while non-GAAP diluted EPS was $0.31. The company also announced a $150 million expansion of its stock repurchase program.

  • Revenue for Q3 fiscal year 2026 was $301.1 million, marking a 9% increase year-over-year, or 8% on a constant currency basis.
  • Remaining performance obligations (RPO) reached $1.5 billion, an 18% increase year-over-year, or 19% on a constant currency basis.
  • Billings for the quarter were $296.0 million, up 12% as reported and on a constant currency basis.
  • GAAP diluted EPS was $0.05, and non-GAAP diluted EPS was $0.31, with both impacted by unfavorable foreign exchange rates and non-cash deferred tax expenses.

Headline financials

Total Revenue

$301M

No prior period
EPS (adj)

$0.31

No prior period
Capital Expenditures

-$4.15M

No prior period
Free Cash Flow

$7.91M

No prior period
Net Income

$12.1M

No prior period
Operating Income

$25.1M

No prior period
Gross Profit

$240M

No prior period
Cash & Equivalents

$633M

No prior period
Total Assets

$1.61B

No prior period

Revenue & EPS history

Box · Revenue · Quarterly

$301M

Q3 2026
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Forward guidance

For Q4 fiscal year 2026, Box expects revenue of approximately $304 million, up 9% year-over-year, and non-GAAP diluted EPS of approximately $0.33. For the full fiscal year 2026, revenue is projected to be approximately $1.175 billion, up 8% year-over-year, with non-GAAP diluted EPS of approximately $1.28.

Tailwinds

  • Q4 FY26 revenue expected to be approximately $304 million, up 9% year-over-year, or 8% on a constant currency basis, including a positive impact of approximately 100 basis points due to FX.
  • Q4 FY26 non-GAAP operating margin expected to be approximately 30%, including a positive impact of 20 basis points due to FX.
  • Full Year FY26 revenue expected to be approximately $1.175 billion, up 8% year-over-year, including a positive impact of approximately 70 basis points due to FX.
  • Full Year FY26 non-GAAP operating margin expected to be approximately 28%, including a positive impact of approximately 10 basis points due to FX.
  • Weighted-average diluted shares outstanding for Q4 FY26 expected to be approximately 147 million, and for Full Year FY26 approximately 149 million.

Headwinds

  • Q4 FY26 GAAP net income per share attributable to common stockholders expected to be approximately $0.06, including a negative impact of $0.08 from unfavorable foreign exchange rates and non-cash deferred tax expenses.
  • Q4 FY26 non-GAAP diluted net income per share attributable to common stockholders expected to be approximately $0.33, including a negative impact of $0.18 from unfavorable foreign exchange rates and non-cash deferred tax expenses.
  • Full Year FY26 GAAP net income per share attributable to common stockholders expected to be approximately $0.19, including a negative impact of $0.19 from unfavorable foreign exchange rates and non-cash deferred tax expenses.
  • Full Year FY26 non-GAAP diluted net income per share attributable to common stockholders expected to be approximately $1.28, including a negative impact of $0.59 from unfavorable foreign exchange rates and non-cash deferred tax expenses.
  • The guidance includes the expected impact of FX headwinds, assuming present foreign currency exchange rates.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+0.1%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-1.6%

Avg return

30 days after

52%

23 / 44 earnings

Positive

+17.1%

Q1 2026

Best reaction

-23.2%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026+10.0%+6.4%+0.4%
Q3 2026+6.6%+3.6%-4.4%
Q2 2026+4.4%+4.7%+3.9%
Q1 2026+17.1%+21.2%+8.1%
Q4 2025-3.2%-3.9%-10.9%
Q2 2025+11.4%-0.2%-0.6%
Q1 2025+7.6%+2.8%-2.8%
Q4 2024+6.2%+6.3%-0.9%
Q3 2024-9.5%-9.5%-8.0%
Q2 2024-11.5%-12.9%-20.2%
Q1 2024+1.6%+4.7%+5.9%
Q4 2023-12.3%-14.9%-19.7%
Q3 2023+7.3%+3.4%+14.3%
Q2 2023-3.8%-9.6%-16.8%
Q1 2023+8.1%+5.4%+5.0%
Q4 2022+4.9%+4.6%+13.8%
Q3 2022+6.8%+6.7%+10.8%
Q2 2022-2.8%-1.0%-2.4%
Q1 2022+0.6%+3.5%+8.8%
Q4 2021-1.6%-2.2%+26.4%
Q3 2021-9.5%-9.4%-3.4%
Q2 2021+12.3%+8.9%-3.4%
Q1 2021-0.2%-0.8%+10.0%
Q4 2020+1.6%+12.3%-10.8%
Q3 2020+13.1%+10.7%+4.7%
Q2 2020+3.3%+6.9%+16.7%
Q1 2020-7.1%-5.8%-4.9%
Q4 2019-16.8%-19.8%-20.6%
Q3 2019+4.1%+10.3%-2.9%
Q2 2019-8.8%-5.5%-9.3%
Q1 2019-5.8%-4.2%-8.3%
Q4 2018-23.2%-21.7%-14.4%
Q3 2018-7.7%-13.3%-7.3%
Q2 2018+1.8%-1.1%+0.2%
Q1 2018+10.3%+3.1%-1.8%
Q4 2017-4.7%-5.2%-7.4%
Q3 2017-1.5%-3.7%-9.4%
Q2 2017+5.0%+6.2%+18.3%
Q1 2017-9.7%-6.7%-17.8%
Q4 2016+5.5%
Q3 2016-3.6%
Q2 2016-0.3%
Q1 2016+8.1%
Q4 2015-7.3%
Q3 2015
Q2 2014
Q1 2015
Q4 2014
Q3 2013
Q1 2013
Q4 2012

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