Box Inc (BOX)

Gross profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Gross profit (ttm)	US$ in thousands	862,025	841,446	813,399	793,288	777,129	772,434	765,585	752,342	738,318	711,537	687,051	659,577	624,848	596,483	574,699	557,960	546,032	532,582	514,245	495,963
Revenue (ttm)	US$ in thousands	1,090,130	1,073,488	1,059,112	1,050,501	1,037,741	1,031,339	1,019,753	1,004,340	990,874	967,759	941,852	910,323	874,332	839,884	811,843	789,650	770,770	755,442	736,595	716,851
Gross profit margin		79.08%	78.38%	76.80%	75.52%	74.89%	74.90%	75.08%	74.91%	74.51%	73.52%	72.95%	72.46%	71.47%	71.02%	70.79%	70.66%	70.84%	70.50%	69.81%	69.19%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $862,025K ÷ $1,090,130K
= 79.08%

Box Inc has shown a consistent improvement in its gross profit margin over the years, reflecting the efficiency of its cost management and pricing strategies. The gross profit margin has steadily increased from 69.19% as of April 30, 2020, to 79.08% as of January 31, 2025. This indicates that the company has been successful in generating more revenues from its core business activities while effectively controlling its cost of goods sold.

The upward trend in the gross profit margin signifies that Box Inc has been able to optimize its production and distribution processes, resulting in higher profitability on each unit sold. The company's ability to maintain and improve its gross profit margin reflects positively on its overall operational efficiency and financial performance. Investors and stakeholders may view this as a positive indicator of the company's ability to generate sustainable profits and create shareholder value in the long term.