FINANCE NOTE

BOX Inc (NYSE: BOX) — Q2 FY2027 Pre Earnings

Operations

Q1 2027
Q1 Revenue ↑ 10.7% YoY $305.9M
Segments
Box 100.0%

Key Earnings Driver

Enterprise Advanced and Box AI BOX revenue increased 11% year over year to $305.9M. Management said continued customer adoption of Enterprise Advanced and Box AI solutions is driving accelerating revenue growth.

Key Operating Metrics¹

METRIC

STATUS

Box↑ 11.0%

Enterprise Advanced

🟢 Scaling

Box AI

🟢 Scaling

Key Financial Metrics

Gross Margin 79.50% +1.5 pp YoY
Backlog / Revenue 536.7% 5.36x Qtr Rev
CapEx Intensity 4.07% 0.04x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from BOX Inc website and/or SEC filings for Q1, with status based on reported data.