---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-024825"
form_type: "8-K"
ticker: "BOX"
cik: "0001372612"
company_name: "BOX INC"
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:25:45.621640+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Box beats Q1 FY24 estimates; revenue $252M, non-GAAP EPS $0.32, FCF up 19%

## Summary
- Revenue $251.9M (+6% YoY, +10% constant currency); GAAP EPS $0.02, non-GAAP EPS $0.32 (vs $0.23 YoY).
- GAAP operating margin 3.3%, non-GAAP operating margin 22.8%, both up YoY.
- Cash from ops $124.9M (+16%); free cash flow $108.2M (+19% YoY).
- RPO $1.179B (+17% YoY, +19% constant currency); billings $191.9M (+11% YoY, +15% cc).
- Management reiterated FY24 target: revenue growth plus FCF margin of 35%.

## SEC filing metadata
- accession: 0000950170-23-024825
- form_type: 8-K
- ticker: BOX
- cik: 0001372612
- company_name: BOX INC
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1372612/000095017023024825/0000950170-23-024825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1372612/000095017023024825/box-20230530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-024825
- JSON: https://secwatch.observer/filing/0000950170-23-024825.json
- Plain text: https://secwatch.observer/filing/0000950170-23-024825.txt

## Key facts
- Earnings Releases
  BOX INC reported first quarter of fiscal year 2024 results: revenue $251.9 million, EPS $0.02. Guidance reaffirmed.
  - Period: first quarter of fiscal year 2024
  - Revenue: $251.9 million
  - EPS: $0.02
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: Revenue for the first quarter of fiscal year 2024 was $251.9 million, a 6% increase from revenue for the first quarter of fiscal year 2023 of $238.4 million, or 10% growth on a constant currency basis. • Remaining performance obligations (“RPO”) as of April 30, 2023, were $1.179 billion, a 17% increase from remaining performance obligations as of April 30, 2022 of $1.005 billion, or 19% growth on a constant currency basis. • Billings for the first quarter of fiscal year 2024 were $191.9 million, an 11% increase from billings for the first quarter of fiscal year 2023 of $172.2 million, or 15% growth on a constant currency basis. • GAAP gross profit for the first quarter of fiscal year 2024 was $190.2 million, or 75.5% of revenue. This compares to a GAAP gross profit of $176.2 million, or 73.9% of revenue, in the first quarter of fiscal year 2023. • Non-GAAP gross profit for the first quarter of fiscal year 2024 was $196.2 million, or 77.9% of revenue. This represents 8% growth from non-
  evidence_url: https://www.sec.gov/Archives/edgar/data/1372612/000095017023024825/0000950170-23-024825-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.