I am curious about the profitability of Box.com. I want to know if this cloud storage and file sharing service is actually making money or if it's struggling to stay afloat.
6 answers
Leonardo
Mon Dec 23 2024
The fiscal year 2024 financial highlights reveal significant growth in gross profit.
KpopHarmony
Mon Dec 23 2024
GAAP gross profit for fiscal year 2024 amounted to $777.1 million, marking an increase from the previous year.
SumoMight
Mon Dec 23 2024
This represented 74.9% of total revenue for fiscal year 2024, indicating a healthy profit margin.
BonsaiVitality
Mon Dec 23 2024
In fiscal year 2023, GAAP gross profit was $738.3 million, accounting for 74.5% of revenue.
Raffaele
Sun Dec 22 2024
The comparison between the two fiscal years shows a positive trend in gross profit.