BOX vs PLTR

Box is actively commercializing AI across its Intelligent Content Management platform. Key product launches include Enterprise Advanced (now representing 10% of revenue), Box Extract (GA), Box Shield Pro (GA), Box AI Studio (with support for Anthropic, Google and OpenAI models), and Box AI Agents (available in ServiceNow Marketplace). The company emphasized developer enablement (documentation site, MCP server, interactive API playground) and multiple ecosystem integrations (Anthropic MCP Apps, Atlassian MCP Gallery, Figma Make, ServiceNow). Financially, Box reported Q4 revenue of $305.9M (+9% YoY), strong non-GAAP gross margin (82.3%) and non-GAAP operating income of $93.7M, with non-GAAP free cash flow of $97.5M. Guidance targets Q1 FY27 revenue of ~$304M and FY27 revenue of ~$1.275B, with non-GAAP EPS guidance of $0.36 (Q1) and $1.55 (FY). Overall tone is bullish driven by product execution and strategic model/marketplace partnerships, with moderate attention to FX and macro risks.

Palantir emphasizes an explicit strategic focus on scaling operations via AI, referencing its Artificial Intelligence Platform (AIP) and coining the term 'commodity cognition.' Management ties strong Q4 and FY2025 results and aggressive FY2026 guidance to that AI-driven strategy. The company reported Q4 revenue of $1.407B (70% YoY growth), adjusted operating income of $798.5M, GAAP net income attributable to common stockholders of $608.7M, and adjusted free cash flow of $791.4M. Guidance calls for Q1 2026 revenue of $1.532–$1.536B and FY2026 revenue of $7.182–$7.198B, with U.S. commercial revenue expected to grow at least 115%. The release contains limited technical detail about specific AI capabilities, primitives, or developer tooling beyond naming AIP and framing AI as the driver of commercial expansion.