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Dropbox, Inc. (DBX)
NASDAQ: DBX · Real-Time Price · USD
35.19
-0.51 (-1.43%)
At close: Aug 31, 2026, 4:00 PM EDT
35.32
+0.13 (0.36%)
After-hours: Aug 31, 2026, 7:30 PM EDT

Dropbox Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
631.5629.5636.2634.4625.7624.7643.6638.8634.5631.3635633622.5611.1598.8591572.7562.4565.5550.2
Revenue Growth
0.93%0.77%-1.15%-0.69%-1.39%-1.04%1.35%0.92%1.93%3.31%6.04%7.11%8.70%8.66%5.89%7.41%7.93%9.93%12.18%12.88%
Gross Profit
506.5501.4504.1506.1502508525.2527.3527.5525.5513513.6505.1494.3483481.3466.9449.5449.7438.2
Operating Income
164.8172.8158.3174.9171183.8135.2127.8127143.5110.4132.196.284.183.493.391.689.584.277.3
Net Income
95.8114.5108.7123.8125.6150.3102.8106.7110.5132.3227.3114.143.269328.383.26279.7124.675.6
Earnings Per Share
0.420.480.430.470.450.510.330.340.340.390.670.330.130.200.930.230.170.210.330.19
EPS Growth
-6.67%-5.88%27.19%38.53%32.35%30.77%-50.27%2.81%168.70%96.19%-27.77%43.48%-25.57%-5.34%184.44%21.05%-22.73%75.63%-140.67%

Revenue by Geography
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
United States
352.9351.6355.3355.6354.1356.4365.6362.9361.7358.3361358.8353.7345.9333.3324.5307.2299.2297.7287.7
International
278.6277.9217.9278.8271.6268.3278275.9272.8273274274.2268.8265.2265.5266.5265.5263.2267.8262.5
Revenue (Total)
631.5629.5636.2634.4625.7624.7643.6638.8634.5631.3635633622.5611.1598.8591572.7562.4565.5550.2

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
1,1141,2891,038925.3954.71,1801,594890.81,0631,1761,3561,3091,2281,2531,3431,4531,4461,4961,7181,929
Total Debt
3,9754,0093,5873,2553,0433,0102,9972,0232,0062,0152,0312,2612,2682,2782,2952,2802,3162,3622,3692,501
Net Cash (Debt)
-2,862-2,720-2,549-2,329-2,089-1,830-1,402-1,132-943.9-838.7-674.6-952.1-1,040-1,025-951.2-826.6-869.8-866-650.6-572.5
Net Cash Growth
--------------------
Net Cash Per Share
-12.62-11.49-10.03-8.79-7.55-6.19-4.57-3.58-2.92-2.46-1.96-2.75-3.03-2.94-2.69-2.30-2.38-2.32-1.68-1.44

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
238.5204.5235.4302.1260.5153.8213.8274.2230.6175.5200.3255.9187.6139.9194.6251.4209.9141.4162.7231.5
Capital Expenditures
-3.3-1.2-10.5-8.4-2-0.1-3.3-4.1-5.9-9.2-10-9.4-3-1.9-12.9-6.2-4-10.7-1.3-10
Free Cash Flow
235.2203.3224.9293.7258.5153.7210.5270.1224.7166.3190.3246.5184.6138181.7245.2205.9130.7161.4221.5
Free Cash Flow Growth
-9.01%32.27%6.84%8.74%15.04%-7.58%10.62%9.57%21.72%20.51%4.73%0.53%-10.35%5.58%12.58%10.70%-4.68%20.13%1.89%18.45%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
80.21%79.65%79.24%79.78%80.23%81.32%81.60%82.55%83.14%83.24%80.79%81.14%81.14%80.89%80.66%81.44%81.53%79.92%79.52%79.64%
Operating Margin
26.10%27.45%24.88%27.57%27.33%29.42%21.01%20.01%20.02%22.73%17.39%20.87%15.45%13.76%13.93%15.79%15.99%15.91%14.89%14.05%
Pretax Margin
18.64%22.46%22.49%24.78%23.62%27.13%14.36%20.77%21.06%23.93%42.88%21.41%9.48%14.33%-13.09%16.62%13.81%16.68%15.17%13.83%
Profit Margin
15.17%18.19%17.09%19.52%20.07%24.06%15.97%16.70%17.41%20.96%35.80%18.02%6.94%11.29%54.83%14.08%10.83%14.17%22.03%13.74%
FCF Margin
37.24%32.30%35.35%46.30%41.31%24.60%32.71%42.28%35.41%26.34%29.97%38.94%29.65%22.58%30.34%41.49%35.95%23.24%28.54%40.26%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
13.9611.4713.6916.2216.0916.6620.0013.9712.3715.7621.8916.6417.3413.8714.2421.2222.3823.4427.77-
Forward PE
8.807.649.4510.9710.8410.4311.8011.2910.5711.9214.6114.0013.8412.8113.3412.9413.1914.3416.1720.46
P/FCF Ratio
6.465.537.488.908.759.1210.389.468.7310.3413.0812.2912.129.7610.329.9810.6311.8213.1815.99
PS Ratio
2.442.152.763.223.083.083.553.172.853.233.973.743.753.173.393.243.403.914.325.37