Box, Inc. announced its preliminary financial results for the second quarter of fiscal year 2026.
Revenue reached $294 million, showing a 9% year-over-year increase and a 7% increase in constant currency.
Operating margins, both GAAP and non-GAAP, demonstrated positive growth, with GAAP net income per share at $0.05 and non-GAAP at $0.33.
Revenue Growth
Revenue increased by 9% year-over-year, reaching $294 million.
Operating Margin Enhancement
GAAP operating margin was 7.0%, while non-GAAP operating margin reached 28.6%, reflecting efficient operations.
RPO Expansion
Remaining Performance Obligations rose to $1.5 billion, exhibiting a 16% year-over-year growth.
Billings Highlights
Billings amounted to $264.9 million, marking a 3% increase overall.
Strong Financial Performance
Record GAAP and non-GAAP gross profits, demonstrating robust financial health and efficiency.
- Box's Intelligent Content Management platform continued to drive momentum in the second quarter of fiscal 2026.
- Revenue growth and strong operating margins indicate solid performance and market demand for Box's offerings.
- The company's strategic investments in product innovation and go-to-market initiatives are paying off, positioning Box as a leader in Intelligent Content Management.
Box's strong financial results and strategic focus on Intelligent Content Management reinforce its position as a key player in the enterprise content management space.