Box Inc

BOX

Equity

ISIN US10316T1043 / Valor 24072587

New York Stock Exchange, Inc (2024-12-24)

USD 32.02+0.16%

Box Inc
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About company

Box Inc is a cloud content management and file sharing service that allows businesses to securely store, access, and collaborate on documents and files online.

Summarized from source with an LLMView SourceSector: Telecommunications

Revenue Growth

Box Inc. reported a year-over-year revenue growth of 5% for Q1 2025. This growth is consistent with the previous fiscal year's performance, demonstrating the company's ability to maintain steady revenue increases despite challenging market conditions.

Operating Margin

Box Inc.'s non-GAAP operating margin for Q1 2025 was approximately 27%, showing a significant improvement from the 22.8% reported in Q1 2024. This increase highlights the company's focus on enhancing operational efficiency and profitability.

Share Repurchase Program

In Q1 2025, Box Inc. repurchased approximately 1.4 million shares of its Class A common stock for around $39 million. As of April 30, 2024, the company had approximately $125 million of remaining Board-approved buyback capacity under the current plan.

Guidance and Outlook

Box Inc. provided guidance for Q2 2025, expecting revenue to be in the range of $268 million to $270 million, representing a 3% year-over-year growth at the high end. For the full fiscal year 2025, the company anticipates revenue to be between $1.075 billion and $1.080 billion, up 4% year-over-year at the high end.

Customer Metrics

Box Inc. reported a stable low full churn rate of 3% for Q1 2025, offset by lower than expected seat growth. The quarterly net retention rate was 101%, indicating a slight decline from previous quarters but still reflecting strong customer retention.

Summarized from source with an LLMView Source

Key figures

23.9%1Y

19.6%3Y

85.7%5Y

Performance

27.8%1Y

32.8%3Y

38.9%5Y

Volatility