For the year ending 2026-01-31, BOX had -$249,422K decrease in cash & cash equivalents over the period. $350,376K in free cash flow.
| Cash Flow | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 |
|---|---|---|---|---|
| Net income | 115,383 | 244,621 | 129,032 | 26,783 |
| Depreciation and amortization | 32,908 | 22,103 | 51,241 | 65,988 |
| Stock-based compensation expense | 233,716 | 219,003 | 198,783 | 185,632 |
| Amortization of deferred commissions | 53,343 | 52,561 | 54,227 | 53,522 |
| Deferred income taxes | -31,544 | -171,225 | -75,292 | - |
| Induced conversion expense | 0 | 10,139 | - | - |
| Other | 5,551 | 2,101 | -2,478 | -2,312 |
| Accounts receivable, net | 31,215 | 14,478 | 21,876 | 8,931 |
| Deferred commissions | 56,449 | 52,333 | 44,482 | 54,987 |
| Operating lease right-of-use assets, net | 21,541 | 23,279 | 35,174 | 40,155 |
| Other assets | 3,313 | 5,386 | -7,256 | 5,710 |
| Accounts payable, accrued expenses and other liabilities | 6,805 | 6,391 | -1,179 | -252 |
| Operating lease liabilities | 26,111 | 28,062 | 49,349 | 44,555 |
| Deferred revenue | 46,937 | 27,745 | 32,714 | 38,025 |
| Net cash provided by operating activities | 356,450 | 332,257 | 318,727 | 297,982 |
| Purchases of short-term investments | 104,363 | 121,338 | 169,416 | 102,088 |
| Maturities of short-term investments | 102,600 | 119,896 | 107,950 | 240,000 |
| Sales of short-term investments | 0 | 3,567 | - | - |
| Purchases of property and equipment | 6,074 | 2,573 | - | - |
| Purchases of property and equipment, net of sale proceeds | - | - | 1,843 | 4,433 |
| Proceeds from sales of property and equipment | 309 | 8,395 | - | - |
| Capitalized internal-use software costs | 35,174 | 27,633 | 16,561 | 12,064 |
| Acquisitions, net of cash acquired | - | - | 2,732 | - |
| Other | 0 | 3,525 | 190 | 815 |
| Net cash used in investing activities | -42,702 | -23,211 | -82,792 | 120,600 |
| Proceeds from issuance of 2029 convertible notes, net of issuance costs | 0 | 447,795 | - | - |
| Partial repurchase of convertible notes | - | 191,713 | - | - |
| Partial repurchase of 2026 convertible notes | 0 | - | - | - |
| Purchase of capped calls related to convertible notes | - | 52,486 | - | - |
| Purchase of 2029 capped calls | 0 | - | - | - |
| Settlement of capped calls related to convertible notes | - | 30,313 | - | - |
| Settlement of 2026 capped calls | 0 | - | - | - |
| Principal payments on borrowings | 0 | 30,000 | - | - |
| Series a convertible preferred stock, net of issuance costs-Series AConvertible Preferred Stock | - | - | - | -103 |
| Principal payments upon maturity of 2026 convertible notes | 205,000 | - | - | - |
| Repurchases of common stock | 289,845 | 211,060 | 177,131 | 274,172 |
| Payments of dividends to preferred stockholders | 15,000 | 15,000 | 14,943 | 15,057 |
| Proceeds from exercise of stock options | 1,455 | 19,050 | - | - |
| Proceeds from issuances of common stock under employee stock purchase plan | 27,168 | 25,910 | 28,203 | 32,187 |
| Employee payroll taxes paid for net settlement of stock awards | 85,278 | 79,256 | 74,651 | 93,910 |
| Principal payments of finance lease liabilities | 0 | 2,141 | 30,176 | 40,353 |
| Other | -3,022 | -3,774 | -4,198 | -5,087 |
| Net cash used in financing activities | -569,522 | -62,362 | -272,896 | -396,495 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 6,352 | -4,831 | -7,822 | -9,935 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -249,422 | 241,853 | -44,783 | 12,152 |
| Cash, cash equivalents, and restricted cash, beginning of period | 626,110 | 384,257 | 429,040 | 416,888 |
| Cash, cash equivalents, and restricted cash, end of period | 376,688 | 626,110 | 384,257 | 429,040 |
BOX INC (BOX)
BOX INC (BOX)