Second Fiscal Quarter FY24 Financial Results Forward-looking statements & non-GAAP financial measures This presentation contains forward-looking statements that involve risks, uncertainties, and assumptions, including statements regarding Box’s expectations regarding its growth and profitability, the size of its market opportunity, sales productivity, the demand for its products, the potential of AI and its impact on Box, thetiming of recent and planned product introductions, enhancements and integrations, ...

Box, Inc. (NYSE:BOX) Q1 2024 Earnings Conference Call May 30, 2023 5:00 PM ET Company Participants Cynthia Hiponia - Vice President, Investor Relations Aaron Levie - Co-Founder, and Chief Executive Officer Dylan Smith - Co-Founder and Chief Financial Officer Conference Call Participants Steve Enders - Citi Josh Baer - Morgan Stanley Pinjalim Bora - JP Morgan Jason Ader - William Blair Tom Blakey - KeyBanc Capital Markets Chad Bennett - Craig-Hallum Rishi Jaluria - RBC Capital Markets Brian Peterson - Raymon ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36805 Box, Inc. (Exact name of registrant as specified in its charter) Delaware 20-2714444 (State or other jurisdiction of (I.R.S. Employer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-36805 Box, Inc. (Exact name of registrant as specified in its Charter) Delaware 20-2714444 (State or other jurisdiction of (I.R.S. Emp ...

Box, Inc. (NYSE:BOX) Q4 2023 Earnings Conference Call March 1, 2023 5:00 PM ET Company Participants Cynthia Hiponia - VP, IR Dylan Smith - Co-Founder & CFO Aaron Levie - Co-Founder, CEO & Director Conference Call Participants Steven Enders - Citigroup George Iwanyc - Oppenheimer Joshua Baer - Morgan Stanley Richard Hilliker - Crédit Suisse Noah Herman - JPMorgan Chase & Co. Richard Poland - RBC Capital Markets John Messina - Raymond James & Associates Philip Winslow - Wells Fargo Securities Operator Good af ...

Financial Data and Key Metrics Changes - The company reported Q3 revenue of $250 million, representing a 12% year-over-year growth, and 17% growth on a constant currency basis [10][25] - Non-GAAP operating margins reached a record 24%, up 330 basis points from 20.7% a year ago [10][28] - Gross margins were strong at 76.5%, an increase of 180 basis points from 74.7% in the prior year [28] - Net retention rate improved to 110%, up 100 basis points year-over-year, with an annualized churn rate of 3% compared to 5% previously [27][28] Business Line Data and Key Metrics Changes - Enterprise Plus, the multi-product suite offering, comprised over 90% of suite sales in large deals, with suites representing 73% of large deals, up from 63% a year ago [20][26] - The company closed 77 deals worth more than $100,000 annually in Q3, down from 97 in the prior year, but total customers paying over $100,000 annually increased by 19% year-over-year [26] Market Data and Key Metrics Changes - The company experienced a 5 percentage point FX headwind in Q3, which was 1 point higher than expected [25][30] - Remaining Performance Obligations (RPO) reached $1.1 billion, an 11% year-over-year increase, or 20% growth on a constant currency basis [27] Company Strategy and Development Direction - The company is focused on enhancing its product offerings in security, compliance, and workflow automation to support digital transformation and hybrid work environments [14][19] - The strategy includes deepening integrations across the SaaS landscape and enhancing partnerships with major technology companies [17][18] - The company aims to achieve its three key financial objectives for FY 2023: accelerating revenue growth, expanding operating margins, and optimizing shareholder returns [24][37] Management's Comments on Operating Environment and Future Outlook - Management noted that while IT budgets may tighten, there is a strong demand for strategic IT initiatives that enhance customer service and operational agility [11][12] - The company remains confident in its ability to navigate macroeconomic challenges and is well-positioned to capitalize on the shift towards digital content management [23][37] Other Important Information - The company generated free cash flow of $55 million in Q3, up from $31 million in the prior year [29] - A new $150 million common stock repurchase plan was authorized by the Board of Directors [30] Q&A Session Summary Question: Insights on deal cycles and scrutiny - Management observed healthy net new demand but noted increased budget pressure in larger deals, leading to smaller deal sizes or longer cycles in some segments [40][41] Question: Renewal commentary driving billings upside - Stronger than typical volume of early renewals was noted, with customers moving into Suites contributing to the strength in billings [48][49] Question: Impact of macro environment on growth - Management highlighted that the current environment is different from 2020, with a stronger product portfolio and continued IT spending focused on efficiency [53][58] Question: Demand environment in Japan and Europe - Demand remains healthy in Japan and Europe, although budget scrutiny is impacting deal sizes [60][62] Question: Competitive landscape and pricing pressure - Pricing has strengthened, and the company is seeing strong demand for its platform, which is helping mitigate competitive pressures [63][64] Question: Enterprise Plus penetration and pricing opportunities - Suites penetration is now 42% of total revenue, with expectations for significant majority to move into Enterprise Plus over time [78][79]

Box, Inc. (NYSE:BOX) Q2 2023 Earnings Conference Call August 24, 2022 5:00 PM ET Company Participants Cynthia Hiponia - Vice President, Investor Relations Aaron Levie - Co-Founder and CEO Dylan Smith - Co-Founder and CFO Conference Call Participants Jason Ader - William Blair George Iwanyc - Oppenheimer Brian Peterson - Raymond James Josh Baer - Morgan Stanley Nick Mattiacci - Craig-Hallum Erik Suppiger - JMP Securities Operator Good afternoon. My name is Savannah, and I will be your conference operator for ...