Box Q2 Earnings: Non-GAAP EPS Down, Revenue Up

Box, Inc. reported Q2 non-GAAP EPS decreased, while revenue rose. The company provides a cloud content management platform for organizations to securely manage cloud content and collaborate from anywhere. Box's offerings include Box Sign, Box Shield, Box Relay, and Box Governance, and its IDP technology automates document-related tasks and extracts metadata from critical business content.

Box, Inc. (BOX) reported its Q2 fiscal 2026 earnings, showcasing a 9% year-over-year (YoY) increase in revenue, which exceeded analyst expectations. The company's cloud content management platform, which includes services such as Box Sign, Box Shield, Box Relay, and Box Governance, drove this growth [1].

However, Box's non-GAAP EPS (Earnings Per Share) decreased, falling short of consensus estimates. The company attributed this to increased investment in its Intelligent Content Management platform, which leverages AI for unstructured data management [1]. This platform has been a key driver of strong demand for Box AI, contributing significantly to the company's Q2 performance.

Looking ahead, Box expects its Q3 FY26 revenue to be between $298 million and $299 million, and it forecasts full-year 2026 revenue to be between $1.170 billion and $1.175 billion. The company anticipates a Q3 FY26 GAAP EPS of $0.05 to $0.06, with non-GAAP EPS projected to be $1.26 to $1.28 [1].

Analysts have responded positively to Box's Q2 results, with the current average rating on the shares being "buy" and a breakdown of recommendations including 6 "strong buy" or "buy", 3 "hold", and 1 "sell" or "strong sell". The software peer group has an average consensus recommendation of "buy", and Wall Street's median 12-month price target for Box Inc. is $39.50, about 20.5% above its August 25 closing price of $31.42 [1].

In a separate development, ZINFI Technologies, Inc., a leading provider of Unified Partner Management (UPM) solutions, achieved SOC 2 Type 2 compliance for its Unified Partner Management Platform. This compliance, which was verified by Sensiba LLP, highlights ZINFI's commitment to maintaining high security and reliability standards in partner relationship management [2].

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX4BD3B8:0-content-cloud-firm-box-q2-revenue-beats-estimates/
[2] https://www.morningstar.com/news/pr-newswire/20250821sf56287/zinfis-partner-relationship-management-platform-achieves-soc-2-type-2-compliance