Flagship explainer

How Box, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.2B · 100%Cost of revenue$245M · 21%Gross profit$933M · 79%Operating income$83.2M · 7%Income before tax$98.7M · 8%Income tax−$16.7M · −1%Net income$115M · 10%As of 2026-01-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.2B100%
Cost of revenue$245M21%
$933M79%
$83.2M7%
Income before tax$98.7M8%
Income tax−$16.7M−1%
$115M10%
Source: · event Jan 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
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BOX income explainer — Buy Like Buffett · Buy Like Buffett