Box Gross Margin 2014-2024 | BOX
- Box average gross margin for 2023 was 74.75%, a 2.83% increase from 2022.
- Box average gross margin for 2022 was 72.69%, a 2.65% increase from 2021.
- Box average gross margin for 2021 was 70.81%, a 1.67% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.