Box Inc (BOX)

Net profit margin

		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	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Net income (ttm)	US$ in thousands	129,032	50,326	49,578	39,832	26,783	1,929	-21,840	-31,585	-41,459	-42,077	-33,500	-32,456	-43,433	-68,880	-104,492	-133,070	-144,348	-133,652	-132,952	-134,803
Revenue (ttm)	US$ in thousands	1,040,660	1,034,032	1,022,661	1,007,585	994,399	970,516	944,382	913,066	877,507	844,717	816,408	793,107	773,486	759,422	740,713	721,926	700,057	682,054	660,627	636,568
Net profit margin		12.40%	4.87%	4.85%	3.95%	2.69%	0.20%	-2.31%	-3.46%	-4.72%	-4.98%	-4.10%	-4.09%	-5.62%	-9.07%	-14.11%	-18.43%	-20.62%	-19.60%	-20.13%	-21.18%

January 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $129,032K ÷ $1,040,660K
= 12.40%

Box Inc's net profit margin has shown a fluctuating trend over the past several quarters. The margin increased from 2.69% in January 2023 to 12.40% in January 2024, reflecting improved profitability. The company has successfully managed to enhance its profitability in recent quarters. However, it is important to note that the net profit margin had been negative for several quarters in the past, indicating operational challenges and inefficiencies. Overall, the increasing trend in the net profit margin is a positive sign for Box Inc, although sustained efforts are required to maintain and improve profitability in the future.