Box Inc. reported its first-quarter fiscal year 2026 earnings with revenue of $276.3 million, marking a 4% year-over-year increase and exceeding analyst estimates. The company posted an adjusted earnings per share (EPS) of $0.30, beating forecasts by $0.04. Billings rose 27% year-over-year to $242.3 million, while short-term remaining performance obligations (RPO) grew 21%. Operating margins reached 25.3%, surpassing guidance. The strong performance was driven by robust demand for Box's AI-driven Intelligent Content Management (ICM) solutions and strategic AI integrations. Following the earnings release, Box's shares rose 11% in after-hours trading. The company also raised its full-year revenue guidance to a range of $1.165 billion to $1.17 billion and forecasted second-quarter EPS and revenue above consensus estimates. CEO Aaron Levie credited customers, partners, and employees for the strong results, highlighting the early strength of AI-related growth initiatives.