Know What's Happening in Investing

Box Inc (BOX) Q4 2026 Earnings Call Transcript

Box Inc. reported Q1 FY2026 revenue of $276 million, up 4% year‑over‑year, and billings surged 27% to $242 million, driven largely by pricing increases and rapid adoption of its AI‑focused Enterprise Advanced suite. Remaining Performance Obligations climbed 21% to $1.5 billion, while net retention edged to 102% and cash reserves stood at $792 million. The company secured FedRAMP High authorization, expanding its reach into U.S. government contracts, and announced multiple AI partnerships, including integration with OpenAI’s ChatGPT. Box raised its FY2026 revenue outlook to $1.165‑$1.17 billion and reaffirmed a target operating margin of roughly 28%.