Box Inc. reported its fiscal first-quarter 2025 financial results, exceeding guidance on several key metrics. The company posted revenue of $265 million, a 5% increase year-over-year, and an 8% rise in constant currency. Box's GAAP operating margin was 6.8%, while its non-GAAP operating margin reached 26.6%. The company reported a GAAP net income per share of $0.08 and a non-GAAP net income per share of $0.39, surpassing the estimated $0.36. Despite missing Q1 billings expectations due to weaker deferred revenue, Box anticipates adjusted EPS between $0.40 and $0.41 and revenue in the range of $268 million to $270 million for the second quarter. The company also provided its fiscal year 2025 guidance, expecting adjusted EPS between $1.54 and $1.58 and revenue between $1.075 billion and $1.08 billion. RPO decelerated slightly to 8% in constant currency from 9% in Q4.