Box(NYSE) BOX

Box, Inc. helps companies store and share files safely online. It lets teams work on documents together from any digital device. Business users use it to manage data and meet security rules.

Managing Content in the Cloud

• Subscription Services: Cloud-based software used to store, share, and edit digital documents throughout their lifecycle.
• Box AI: Tools built into the platform that help users analyze data and generate new content from their files.
• Box Suites: Bundled software packages that include security features and multiple integrated applications.
• Professional Services: Support for customers who need help with project management and moving data to the cloud.

Scaling Up and Expanding Out

• Expanded Box Zones to 10 global regions in June 2026 to help enterprises meet local data residency requirements.
• Launched security and governance tools in July 2026 to protect content accessed by third-party artificial intelligence models.
• Released the Box Agent to provide users with automated file searching and data synthesis capabilities.
• Authorized a $500 million expansion of the share repurchase plan in March 2026 to buy back outstanding stock.

What Makes the Platform Unique?

Box connects with more than 1,500 business applications to let employees access their files across various software environments. The service supports hundreds of different file formats while providing centralized security and compliance controls for regulated industries.

Measuring Recent Performance

• Revenue was $321.1 million in the three-month period ended July 31, 2026, up 9% year over year.
• Remaining performance obligations, which are contracted sales not yet recorded as revenue, reached $1.7 billion in July 2026.
• Non-GAAP free cash flow hit $59.7 million in the three-month period ended July 31, 2026, up 67% year over year.
• Net cash from operating activities reached $70.8 million in the three-month period ended July 31, 2026, up 54% year over year.
• Net retention rate, which measures recurring revenue kept from existing customers, was 106% as of July 31, 2026.

Bottom Line

Box has moved beyond basic storage to provide an integrated platform for managing data with artificial intelligence. This shift to complex, multi-product offerings helps the company retain large enterprise customers as they modernize their workflows.