5 Interesting Learnings from Box at $1.29 Billion in Revenue: 17% Billings Growth, 106% NRR, and 20 Basis Points of AI Margin Cost

SaaStr reports that Box posted second‑quarter fiscal twenty‑seven revenue of three hundred twenty‑one point one million dollars, up nine percent year over year, while billings jumped seventeen percent. Net revenue retention climbed to one hundred six percent, outpacing revenue growth, as the company’s new Enterprise Advanced tier captured higher‑priced contracts. The firm’s AI‑related costs added only twenty basis points to gross margin, and a share buyback accounted for roughly forty‑three percent of the earnings‑per‑share increase to forty cents. The company raised its full‑year revenue guide to one point twenty‑nine billion dollars but trimmed its non‑GAAP EPS outlook to one point five four dollars, reflecting the impact of aggressive repurchases and currency effects, according to the Wednesday release.

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