By Elias Schisgall

Box Inc. posted lower profit but higher revenue in the fourth quarter and forecasted continued revenue growth through the current fiscal year.

The cloud-storage company on Tuesday reported a profit of $81.7 million, or 47 cents a share, compared with $194 million, or $1.12 a share, a year earlier.

On an adjusted basis, Box posted earnings of 49 cents a share, ahead of Wall Street's expectations of 34 cents a share, according to Factset. Box had guided for adjusted earnings of 33 cents a share.

Revenue rose to $305.9 million, up from $279.5 million a year earlier. The company had projected $304 million in revenue last quarter, and analysts polled by FactSet were expecting $304.3 million.

The company recorded remaining performance obligations of $1.71 billion, up 17% year-over-year.

For the current first quarter, the company expects revenue up 10%, to about $304 million, and adjusted earnings of roughly 36 cents a share.

Analysts are expecting adjusted earnings of 32 cents a share in the first quarter.

Box is expecting full-year revenue up 8%, to about $1.28 billion, and adjusted earnings of about $1.55 a share.

Analysts are expecting $1.3 billion in revenue and adjusted earnings of $1.45 a share.

Shares were up 6%, to $25.35, in post-market trading Tuesday.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

March 03, 2026 16:28 ET (21:28 GMT)

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