Box's Q4 performance exceeded expectations, with the stock price rising over 4%

Redwood City, California - Box Inc. (NYSE: BOX) reported fourth-quarter earnings that exceeded analyst expectations and issued an optimistic earnings forecast, causing the stock to rise 4.8% after the announcement.

The provider of intelligent content management platforms announced that as of January 31, its adjusted earnings per share for the quarter were $0.49, surpassing the consensus estimate of $0.34 by $0.15. Revenue reached $305.9 million, up 9% year-over-year, slightly above the expected $304.28 million.

Strong performance was driven by the company’s Enterprise Advanced product, which now accounts for 10% of revenue as customers adopt AI-powered content management features.

For the first quarter of fiscal 2027, Box issued guidance above analyst expectations. The company expects revenue of approximately $304 million, compared to the market consensus of $296.5 million; adjusted EPS is forecasted at $0.36, higher than the expected $0.32. For the full fiscal year 2027, Box projects revenue of $1.275 billion, above the market expectation of $1.27 billion; adjusted EPS is expected to be $1.55, higher than the anticipated $1.53.

Box co-founder and CEO Aaron Levie stated, “Fiscal 2026 is a pivotal year for Box. We successfully launched Enterprise Advanced, providing customers with powerful features around advanced AI and intelligent workflow automation, all built on a secure platform.”

The company reported remaining performance obligations of $1.7 billion, up 17% year-over-year, indicating strong future revenue visibility. Adjusted operating profit margin expanded to 30.6% this quarter, up from 27.3% in the same period last year.

In this quarter, Box generated $110.4 million in operating cash flow and repurchased 4.4 million shares in the fourth quarter, costing approximately $126 million.

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