Box, Inc. (BOX) Balance Sheet
BOX balance sheet, FY2026
January 31, 2026 · U.S. dollars$1.55B assets = $1.85B liabilities + −$299.3M equity
Liabilities exceed assets: shareholders’ equity is negative (−$299.3M).
Both columns are drawn to the same scale: what BOX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BOX financial health
Descriptive bands, not a rating. Fiscal FY2026.
BOX balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $493.7MFY2017 | $1.55BFY2026 | +13.5%/yr | |
| Total liabilities | $418.9MFY2017 | $1.85BFY2026 | +17.9%/yr | |
| Shareholders’ equity | $74.7MFY2017 | −$299.3MFY2026 | — | |
| Cash & short-term investments | $177.4MFY2017 | $478.1MFY2026 | +11.6%/yr | |
| Total debt | $75.4MFY2017 | $1.02BFY2026 | +33.6%/yr | |
| Net cash (debt) | $101.9MFY2017 | −$546.3MFY2026 | −$648.2M | |
| Working capital | $24.2MFY2017 | $42.5MFY2026 | +$18.3M | |
| Book value per share | $0.59FY2017 | −$2.04FY2026 | — | |
| Current ratio | 1.08FY2017 | 1.05FY2026 | −0.03 | |
| Debt / equity | 1.01FY2017 | 3.79FY2025 | +2.78 | |
| Shares outstanding | 127.5MFY2017 | 146.4MFY2026 | +1.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BOX assets
BOX liabilities and equity
BOX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BOX balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $478.1M | $722.8M | $480.7M | $461.2M | $586.3M | $595.1M | $195.6M | $217.5M | $208.1M | $177.4M |
| Cash & equivalents | $375.1M | $624.6M | $383.7M | $428.5M | $416.3M | $595.1M | $195.6M | $217.5M | $208.1M | $177.4M |
| Short-term investments | $102.9M | $98.2M | $96.9M | $32.8M | $170.0M | $0 | $20.0M | — | $0 | $0 |
| Receivables | $325.1M | $292.7M | $281.5M | $264.5M | $256.3M | $228.3M | $209.4M | $175.1M | $162.1M | $120.1M |
| Inventory | $0 | $0 | $1 | $48.0M | $1 | $52.5M | $48.5M | $32.7M | $26.1M | $23.0M |
| Other current assets | $42.0M | $82.3M | $80.0M | $33.0M | $74.0M | $3.4M | $4.2M | $3.2M | $2.9M | $1.6M |
| Total current assets | $845.2M | $1.10B | $842.2M | $806.8M | $916.6M | $879.3M | $457.7M | $428.6M | $399.2M | $322.1M |
| Property, plant & equipment (net) | $121.5M | $78.0M | $99.4M | $201.1M | $278.6M | $354.4M | $388.8M | $137.7M | $124.0M | $117.2M |
| Goodwill & intangible assets | $176.6M | $151.5M | $123.5M | $113.0M | $92.2M | $43.6M | $43.9M | $22.3M | $16.3M | $16.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $402.8M | $340.3M | $176.1M | $86.2M | $104.7M | $74.4M | $69.6M | $61.6M | $14.1M | $37.6M |
| Total assets | $1.55B | $1.67B | $1.24B | $1.21B | $1.39B | $1.35B | $960.0M | $650.2M | $553.6M | $493.7M |
| Liabilities | ||||||||||
| Accounts payable | $97.0M | $54.7M | $79.5M | $79.8M | $58.9M | $4.5M | $16.8M | $15.4M | $17.0M | $6.7M |
| Short-term debt | $0 | $229.3M | $26.8M | $47.8M | $85.8M | $97.7M | $95.0M | $28.3M | $18.8M | $13.7M |
| Deferred revenue | $647.9M | $588.4M | $562.9M | $544.2M | $519.5M | $443.9M | $407.5M | $353.6M | $291.9M | $228.7M |
| Total current liabilities | $802.7M | $922.1M | $679.3M | $715.8M | $719.0M | $612.8M | $577.4M | $463.2M | $394.0M | $297.9M |
| Long-term debt | $451.0M | $448.6M | $370.8M | $369.4M | $388.3M | $358.0M | $40.0M | $84.6M | $67.0M | $61.7M |
| Lease obligations | $77.0M | $68.8M | $121.0M | $195.1M | $274.9M | $350.5M | $384.5M | $44.6M | $27.0M | $21.7M |
| Other long-term liabilities | $591.7M | $99.5M | $130.0M | $155.8M | $679.8M | $229.8M | $320.2M | $71.0M | $77.7M | $59.3M |
| Total liabilities | $1.85B | $1.47B | $1.18B | $1.24B | $1.79B | $1.20B | $937.6M | $618.8M | $538.6M | $418.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $14,000 | $14,000 | $14,000 | $14,000 | $15,000 | $16,000 | $15,000 | $14,000 | $13,000 | $13,000 |
| Retained earnings (deficit) | −$846.8M | −$962.1M | −$1.21B | −$1.34B | −$1.36B | −$1.32B | −$1.28B | −$1.13B | −$1.04B | −$884.1M |
| Treasury stock | — | — | — | — | — | −$1.2M | −$1.2M | −$1.2M | −$1.2M | −$1.2M |
| Accumulated other comprehensive income | −$142,000 | −$11.9M | −$9.7M | −$7.1M | −$4.5M | −$938,000 | −$307,000 | $23,000 | $288,000 | −$120,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | −$299.3M | $197.3M | $61.0M | −$33.9M | −$395.1M | $151.1M | $22.4M | $31.4M | $15.0M | $74.7M |
| Key figures | ||||||||||
| Total debt | $1.02B | $746.7M | $491.8M | $535.1M | $621.5M | $648.2M | $424.5M | $112.9M | $85.8M | $75.4M |
| Net cash (debt) | −$546.3M | −$23.9M | −$11.1M | −$73.9M | −$35.2M | −$53.1M | −$229.0M | $104.6M | $122.3M | $101.9M |
| Working capital | $42.5M | $175.7M | $162.9M | $90.9M | $197.6M | $266.4M | −$119.7M | −$34.6M | $5.2M | $24.2M |
| Tangible book value | −$475.9M | $45.8M | −$62.5M | −$146.9M | −$487.3M | $107.5M | −$21.5M | $9.2M | −$1.3M | $57.9M |
| Book value per share | −$2.04 | $1.33 | $0.41 | −$0.23 | −$2.54 | $0.97 | $0.15 | $0.22 | $0.11 | $0.59 |
| Shares outstanding | 146.4M | 148.6M | 148.6M | 150.2M | 155.6M | 155.8M | 147.8M | 141.4M | 133.9M | 127.5M |
| Current ratio | 1.05 | 1.19 | 1.24 | 1.13 | 1.27 | 1.43 | 0.79 | 0.93 | 1.01 | 1.08 |
| Quick ratio | 1.00 | 1.10 | 1.12 | 1.01 | 1.17 | 1.34 | 0.70 | 0.85 | 0.94 | 1.00 |
| Debt / equity | — | 3.79 | 8.06 | — | — | 4.29 | 18.99 | 3.60 | 5.73 | 1.01 |
| Equity / assets | −19.4% | 11.8% | 4.9% | −2.8% | −28.4% | 11.2% | 2.3% | 4.8% | 2.7% | 15.1% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $444.1M | $477.0M | $478.1M | $729.6M | $757.9M | $790.4M | $722.8M | $697.9M | $482.2M | $566.1M | $480.7M | $439.7M |
| Cash & equivalents | $342.9M | $378.8M | $375.1M | $634.8M | $659.6M | $689.6M | $624.6M | $608.8M | $406.6M | $449.5M | $383.7M | $377.9M |
| Short-term investments | $101.3M | $98.2M | $102.9M | $96.5M | $100.0M | $100.8M | $98.2M | $89.2M | $75.6M | $116.6M | $96.9M | $61.8M |
| Receivables | $213.7M | $192.3M | $325.1M | $204.9M | $189.6M | $178.1M | $292.7M | $188.5M | $177.5M | $143.1M | $281.5M | $166.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $44.7M |
| Other current assets | $100.1M | $96.2M | $42.0M | $89.3M | $95.3M | $87.7M | $82.3M | $76.2M | $73.9M | $79.5M | $80.0M | $33.0M |
| Total current assets | $757.9M | $765.6M | $845.2M | $1.02B | $1.04B | $1.06B | $1.10B | $962.6M | $733.7M | $788.7M | $842.2M | $684.3M |
| Property, plant & equipment (net) | $100.7M | $108.8M | $121.5M | $91.0M | $82.6M | $82.6M | $78.0M | $83.3M | $88.5M | $92.8M | $99.4M | $162.7M |
| Goodwill & intangible assets | $184.4M | $180.3M | $176.6M | $172.9M | $80.8M | $80.5M | $151.5M | $78.7M | $76.8M | $76.4M | $123.5M | $73.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $361.3M | $367.0M | $402.8M | $321.5M | $418.5M | $422.1M | $340.3M | $229.7M | $221.9M | $218.2M | $176.1M | $113.5M |
| Total assets | $1.40B | $1.42B | $1.55B | $1.61B | $1.62B | $1.64B | $1.67B | $1.35B | $1.12B | $1.18B | $1.24B | $1.03B |
| Liabilities | ||||||||||||
| Accounts payable | $84.8M | $51.3M | $97.0M | $79.4M | $79.0M | $54.4M | $54.7M | $53.4M | $44.1M | $51.3M | $79.5M | $59.7M |
| Short-term debt | — | $32.8M | $0 | $204.8M | $204.5M | $230.6M | $229.3M | $25.6M | $25.7M | $25.5M | $26.8M | $34.1M |
| Deferred revenue | $589.5M | $599.3M | $647.9M | $533.9M | $533.7M | $557.3M | $588.4M | $475.5M | $484.0M | $493.0M | $562.9M | $450.7M |
| Total current liabilities | $715.8M | $717.0M | $802.7M | $853.0M | $853.2M | $876.8M | $922.1M | $587.1M | $586.9M | $591.4M | $679.3M | $570.6M |
| Long-term debt | $452.2M | $451.6M | $451.0M | $450.4M | $449.8M | $449.2M | $448.6M | $651.7M | $371.8M | $371.3M | $370.8M | $370.3M |
| Lease obligations | $73.1M | $79.2M | $77.0M | $72.4M | — | $71.5M | $68.8M | $101.6M | $107.8M | $113.8M | $121.0M | $143.3M |
| Other long-term liabilities | $90.0M | $94.5M | $591.7M | $96.7M | $95.7M | $100.7M | $99.5M | $101.7M | $108.3M | $118.6M | $130.0M | $141.7M |
| Total liabilities | $1.26B | $1.26B | $1.85B | $1.40B | $1.40B | $1.43B | $1.47B | $1.34B | $1.07B | $1.08B | $1.18B | $1.08B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $15,000 | $14,000 | $14,000 |
| Retained earnings (deficit) | −$809.8M | −$829.0M | −$846.8M | −$928.4M | −$940.5M | −$953.9M | −$962.1M | −$1.16B | −$1.17B | −$1.19B | −$1.21B | −$1.31B |
| Accumulated other comprehensive income | −$5.6M | −$2.2M | −$142,000 | −$465,000 | −$3.8M | −$7.6M | −$11.9M | −$10.0M | −$10.7M | −$11.8M | −$9.7M | −$10.7M |
| Total shareholders' equity | $146.3M | $158.5M | −$299.3M | $209.2M | $225.9M | $214.6M | $197.3M | $13.8M | $53.7M | $94.7M | $61.0M | −$48.9M |
| Key figures | ||||||||||||
| Total debt | $73.1M | $563.7M | $1.02B | $727.6M | $654.3M | $751.3M | $746.7M | $753.3M | $479.7M | $485.2M | $491.8M | $513.6M |
| Net cash (debt) | $371.0M | −$86.6M | −$546.3M | $2.0M | $103.6M | $39.1M | −$23.9M | −$55.3M | $2.6M | $80.9M | −$11.1M | −$73.9M |
| Working capital | $42.1M | $48.5M | $42.5M | $170.9M | $189.6M | $179.3M | $175.7M | $375.5M | $146.7M | $197.2M | $162.9M | $113.7M |
| Tangible book value | −$38.1M | −$21.8M | −$475.9M | $36.3M | $145.1M | $134.1M | $45.8M | −$64.9M | −$23.0M | $18.3M | −$62.5M | −$122.2M |
| Book value per share | $1.05 | $1.13 | −$2.04 | $1.39 | $1.50 | $1.43 | $1.31 | $0.09 | $0.37 | $0.64 | $0.42 | −$0.33 |
| Shares outstanding | 139.9M | 140.1M | 146.4M | 150.1M | 151.1M | 149.6M | 150.5M | 149.1M | 146.5M | 148.8M | 146.3M | 147.6M |
| Current ratio | 1.06 | 1.07 | 1.05 | 1.20 | 1.22 | 1.20 | 1.19 | 1.64 | 1.25 | 1.33 | 1.24 | 1.20 |
| Quick ratio | 0.92 | 0.93 | 1.00 | 1.10 | 1.11 | 1.10 | 1.10 | 1.51 | 1.12 | 1.20 | 1.12 | 1.06 |
| Debt / equity | 0.50 | 3.56 | — | 3.48 | 2.90 | 3.50 | 3.79 | 54.60 | 8.92 | 5.12 | 8.06 | — |
| Equity / assets | 10.4% | 11.1% | −19.4% | 13.0% | 13.9% | 13.1% | 11.8% | 1.0% | 4.8% | 8.1% | 4.9% | −4.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 9, 2026); data from EODHD.
BOX financial position
At the end of fiscal 2026 (January 31, 2026), Box had total assets of $1.5 billion (down 7.3% from a year earlier), total liabilities of $1.8 billion and shareholders' equity of -$299.3 million. It held $478.1 million in cash and short-term investments against $1.0 billion of debt, net debt of $546.3 million. Its current ratio was 1.05. In the latest quarter (ended July 31, 2026) total assets were $1.4 billion and equity $146.3 million.
Related: BOX income statement, BOX cash flow statement, BOX key metrics. See the BOX stock overview for the latest quote and news.
BOX balance sheet FAQ
What are Box's total assets?
Box reported total assets of $1.5 billion at the end of fiscal 2026 (January 31, 2026), compared with $1.7 billion a year earlier.
How much debt does Box have?
Box had $1.0 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Box have?
Box held $478.1 million in cash and short-term investments at the end of fiscal 2026; with $1.0 billion of debt that is net debt of $546.3 million.
What is Box's book value?
Box's shareholders' equity (book value) was -$299.3 million at the end of fiscal 2026, or −$2.04 per share.
What is Box's current ratio?
Box had current assets of $845.2 million and current liabilities of $802.7 million, a current ratio of 1.05 (it can cover its short-term obligations).
How much goodwill does Box have?
Box carried $176.6 million of goodwill and intangible assets, 11.4% of total assets, at the end of fiscal 2026.