Box Inc (BOX)

Net 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
Net income (ttm)	US$ in thousands	218,683	149,846	147,609	137,904	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
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
Net profit margin		20.06%	13.96%	13.94%	13.13%	12.43%	4.88%	4.86%	3.97%	2.70%	0.20%	-2.32%	-3.47%	-4.74%	-5.01%	-4.13%	-4.11%	-5.64%	-9.12%	-14.19%	-18.56%

January 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $218,683K ÷ $1,090,130K
= 20.06%

The net profit margin of Box Inc has shown a significant improvement over the last few quarters. Starting at a negative level of -18.56% in April 2020, the company managed to reduce the losses steadily to -5.01% by October 2021. Then, from January 2022 onwards, the trend shifted positively, with the net profit margin turning positive and steadily increasing. By January 2025, the net profit margin had surged to an impressive 20.06%.

This improvement in net profit margin indicates that Box Inc has been effectively managing its expenses and increasing its profitability over time. The company's efforts to streamline operations and enhance revenue generation seem to have paid off, leading to a strong performance in terms of profitability. The positive trend in net profit margin reflects positively on the company's financial health and strategic direction.