Box reported solid fourth-quarter results, with revenue reaching $306 million, driven by strong demand for its AI-focused Enterprise Advanced offering, reflecting a 9% year-over-year increase.
- Fiscal year 2026 revenue totaled $1.18 billion, an 8% increase year-over-year, with operating margins at 28%.
- The new Enterprise Advanced offering now accounts for 10% of revenue, demonstrating early traction and customer adoption.
- Box Extract was launched, enhancing capabilities for enterprises to transform unstructured data into actionable metadata using advanced AI technology.
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