Box Inc (NYSE:BOX), the leading Intelligent Content Management (“ICM”) platform, stock rose 3.43% (As on August 27, 11:24:54 AM UTC-4, Source: Google Finance) after the company posted better than expected results for the second quarter of FY25. Remaining performance obligations (“RPO”) was of $1.5 billion, up 16% as reported and on a constant currency basis. Short-term RPO of $812 million, up 12%, and long-term RPO of $664 million, up 21%. For Q2, Billings was of $264.9 million, up 3%, or 6% on a constant currency basis. The company delivered record non-GAAP gross profit of $239.2 million, or 81.4% of revenue, up from $220.2 million, or 81.6% of revenue and record non-GAAP operating income of $84.0 million, or 28.6% of revenue, up from $76.7 million, or 28.4% of revenue. The company generated net cash provided by operating activities of $46.0 million, up 27%.

Moreover, the company announced new updates to Box’s AI framework including the general availability of Box’s new Enhanced Extract Agent, and the beta launch of Box’s remote Model Context Protocol (MCP) Server. These releases, along with key updates to Box AI Units, Box AI Studio, and AI Admin Console, empower users to operationalize AI with the confidence and control businesses demand.  The company Partnered with Salesforce as part of their MCP Partner Network, enabling seamless AI agent interoperability through Agentforce 3 and offering customers flexible, plug-and-play access to Box’s content intelligence within expanded AI workflows. The company announced a collaboration with the U.S. General Services Administration (GSA) supporting OneGov, which provides federal agencies with democratized access to Box’s transformative AI functionality. The company announced new updates to Box’s AI framework including the general availability of Box’s new Enhanced Extract Agent, and the beta launch of Box’s remote Model Context Protocol (MCP) Server.

BOX in the second quarter of FY26 has reported the adjusted earnings per share of 33 cents, beating the analysts’ estimates for the adjusted earnings per share of 31 cents, according to Zacks Investment Research. The company had reported the adjusted revenue growth of 9 percent to $294 million in the second quarter of FY26, beating the analysts’ estimates for revenue of $290.5 million.

For the upcoming fiscal third quarter, the company anticipates revenue between $298 million and $299 million, with per-share earnings projected to be 5 to 6 cents.

Box’s full-year outlook forecasts revenue in the range of $1.17 billion to $1.18 billion, non-GAAP operating margin is expected to be approximately 28% and earnings per share of $1.26 to $1.28.