What is Box?

Box (NYSE:BOX) is the Cloud Content Management company that empowers enterprises to revolutionize how they work by securely connecting their people, information and applications. Founded in 2005, Box powers more than 87,000 businesses globally, including AstraZeneca, General Electric, P&G, and The GAP. Box is headquartered in Redwood City, CA, with offices across the United States, Europe and Asia.(source)

Box User Count

Box number of users:

41 million users

Last updated 3/24/19

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Number of paying Box customers:

13.2 million

Last updated 10/31/19

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Number of organizations paying for Box:

100,000

Last updated1/31/22

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Box Revenue Totals

Box annual revenue:

• FY 2022: $874.3 million
• FY 2021: $770.7 million
• FY 2020: $696.2 million
• FY 2019: $608.4 million
• FY 2018: $506.1 million
• FY 2017: $398.6 million
• FY 2016: $302.7 million
• FY 2015: $216.4 million

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Box annual net income:

• FY 2022: $53.9 million net loss
• FY 2021: $43.4 million loss
• FY 2020: $144.3 million loss
• FY 2019: $134.6 million loss
• FY 2018: $154.9 million loss
• FY 2017: $151.7 million loss
• FY 2016: $202.9 million loss
• FY 2015: $168.2 million loss

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Box quarterly revenue:

• Q4 FY 2021: $198.9 million
• Q3 FY 2021: $196 million
• Q2 FY 2021: $192.2 million
• Q1 FY 2021: $183.5 million
• Q4 FY 2020: $183.5 million
• Q3 FY 2020: $177.1 million
• Q2 FY 2020: $172.5 million
• Q1 FY 2020: $163 million
• Q4 FY 2019: $163 million
• Q3 FY 2019: $155.9 million
• Q2 FY 2019: $148.2 million
• Q1 FY 2019: $140.5 million
• Q4 FY 2018: $136.7 million
• Q3 FY 2018: $129.3 million
• Q2 FY 2018: $122.9 million
• Q1 FY 2018: $117 million
• Q4 FY 2017: $109.9 million
• Q3 FY 2017: $102.8 million
• Q2 FY 2017: $95.7 million
• Q1 FY 2017: $90 million
• Q4 FY 2016: $85 million
• Q3 FY 2016: $78.7 million
• Q2 FY 2016: $73.5 million
• Q1 FY 2016: $65.6 million
• Q4 FY 2015: $62.6 million

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Additional Box Statistics

Number of monthly content interactions on Box:

4 billion

Last updated 12/10/14

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Number of businesses that Box reaches:

280,000

Last updated 3/30/15

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Percentage of the Fortune 500 that Box reaches:

99%

Last updated 9/3/14

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Percentage of the Fortune 500 that pay for Box:

70%

Last updated 2/6/20

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Number of apps in the Box OneCloud ecosystem:

1,300

Last updated 12/10/14

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Number of languages Box is available in:

22 languages

Last updated 1/31/16

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Percentage of box users that are non-paying:

88%

Last updated 1/31/16

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Number of Box employees:

2,172 employees

Last updated 1/31/22

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Recent Box News

• Box is adding free whiteboarding tool for collaborating on visual content, 04/13/2022
• Box Announces Box Canvas to Power Collaboration Across the Hybrid Workplace, 04/29/2022
• Box Sets Date to Announce Fourth Quarter and Fiscal 2022 Financial Results, 02/03/2022
• Box Announces General Availability of Integration with Slack to Securely Power Work from Anywhere, 02/03/2022
• Box Reports Strong Fourth Quarter and Fiscal 2022 Financial Results, 03/07/2022
• Box Announces New Monitoring and Reporting Tools for its Admin Console to Drive Insights and Mitigate Security Risks, 12/22/2021
• Box Announces New Capabilities and Integrations for Box Sign to Digitize Agreements in the Content Cloud, 01/15/2022

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Please note that some of these numbers are easier to find than others. A few of these Box stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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