Q4 26 EPS
$0.49
BEAT +45.92%
Est. $0.34
Q4 26 Revenue
$305.9M
BEAT +0.08%
Est. $305.6M
vs S&P Since Q4 26
-5.7%
TRAILING MARKET
BOX +1.3% vs S&P +7.0%
Full Year 2026 Results
FY 26 EPS
$1.44
FY 26 Revenue
$1.18B
Market Reaction
Did BOX Beat Earnings? Q4 2026 Results
Box delivered a sharply stronger-than-expected fourth quarter for fiscal 2026, posting non-GAAP EPS of $0.49 against a consensus estimate of $0.34, a beat of 45.92% that extended the company's streak of topping analyst EPS forecasts to five consecuti… Read more Box delivered a sharply stronger-than-expected fourth quarter for fiscal 2026, posting non-GAAP EPS of $0.49 against a consensus estimate of $0.34, a beat of 45.92% that extended the company's streak of topping analyst EPS forecasts to five consecutive quarters. Revenue of $305.88 million grew 9.4% year-over-year, edging just above the $305.64 million consensus, while the more consequential story lay beneath the headline, where significant tax benefits contributed $0.14 per share to non-GAAP EPS and non-GAAP operating margin expanded to 30.6% from 27.3% a year earlier. The strategic engine driving results was Enterprise Advanced, Box's premium AI-powered tier, which already accounts for 10% of revenue and anchors the company's pivot toward Intelligent Content Management. Remaining performance obligations climbed 17% to $1.71 billion, signaling strengthening customer commitments. Looking ahead, Box guided full-year FY2027 revenue of approximately $1.28 billion, up 8%, though analysts have flagged that intensifying competition from hyperscalers with bundling advantages could constrain the pace of that growth.
Key Takeaways
- • Enterprise Advanced adoption reaching 10% of revenue
- • Significant improvement in net retention rate
- • RPO growth of 17% year-over-year driven by longer-term contract commitments
- • Non-GAAP operating margin expansion to 30.6% from 27.3%
- • Revenue growth of 9% year-over-year
BOX YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
“Fiscal 2026 was a defining year for Box, as we executed on the launch of Enterprise Advanced, delivering customers our most powerful capabilities around advanced AI and intelligent workflow automation, all anchored in a secure platform.”
— Aaron Levie, Q4 2026 Earnings Press Release
BOX Earnings Trends
BOX vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BOX EPS Trend
Earnings per share: estimate vs actual
BOX Revenue Trend
Quarterly revenue: estimate vs actual
BOX Quarterly Results
12 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.36 | $0.37 | +2.01% | $305.9M | +0.61% |
| Q4 26 BEAT FY | $0.34 | $0.49 | +45.92% | $305.9M | +0.08% |
| FY Full Year | — | $1.44 | — | $1.18B | — |
| Q3 26 MISS | $0.31 | $0.31 | -1.21% | $301.1M | +0.73% |
| Q2 26 BEAT | $0.31 | $0.33 | +6.38% | $294.0M | +1.31% |
| Q1 26 BEAT | $0.26 | $0.30 | +17.19% | $276.3M | +0.55% |
| Q4 25 MISS FY | $0.42 | $0.42 | -0.59% | $279.5M | +0.12% |
| FY Full Year | — | $1.71 | — | $1.09B | — |
| Q3 25 BEAT | $0.42 | $0.45 | +6.46% | $275.9M | +0.30% |
| Q2 25 BEAT | $0.40 | $0.44 | +10.00% | $270.0M | +0.32% |
| Q2 24 BEAT | $0.35 | $0.36 | +2.86% | $261.4M | +0.12% |
| Q4 23 BEAT FY | $0.34 | $0.37 | +8.82% | $256.5M | +0.16% |
| FY Full Year | — | $1.20 | — | $990.9M | — |
| Q2 22 BEAT | $0.19 | $0.21 | +10.53% | $214.5M | +0.96% |
| Q1 22 BEAT | $0.17 | $0.18 | +5.88% | $202.4M | +0.98% |