Dropbox Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,207	891.3	1,328	614.9	232.8	533
Short-Term Investments	81.4	146.9	265.9	741.1	1,111	1,185
Cash & Short-Term Investments	1,289	1,038	1,594	1,356	1,343	1,718
Cash Growth	9.22%	-34.88%	17.57%	0.94%	-21.81%	53.22%
Accounts Receivable	74.7	79.1	70.4	68.7	53.8	49.6
Other Current Assets	84.9	73.2	73.8	91.9	92.6	82.1
Total Current Assets	1,448	1,191	1,738	1,517	1,490	1,850
Net Property, Plant & Equipment	619	649.1	517.7	493	569	735.9
Other Intangible Assets	27.4	33.7	54.9	58.1	88.3	53.6
Goodwill	455.5	454.9	442.8	402.2	403.3	356.6
Other Long-Term Assets	480.6	516.7	571.4	513.6	559.7	95.4
Total Assets	3,031	2,845	3,325	2,984	3,110	3,091
Accounts Payable	32.1	24.3	36.5	38.5	38.6	25.7
Accrued Expenses	184.6	233.5	248.4	264.4	271.6	279.9
Current Portion of Long-Term Debt	27.1	710.4	10	-	-	-
Current Portion of Leases	185	195.6	188.2	173.6	183.7	198.7
Unearned Revenue	746.9	729.7	727.7	725	702.6	671.5
Total Current Liabilities	1,176	1,894	1,211	1,202	1,197	1,176
Long-Term Debt	3,275	2,124	2,345	1,378	1,374	1,370
Long-Term Leases	521.6	557.4	453.9	479.2	736.9	799.7
Other Long-Term Liabilities	70.4	67.6	68.4	90.8	112.1	39.4
Total Long-Term Liabilities	3,867	2,749	2,867	1,948	2,223	2,209
Total Liabilities	5,043	4,642	4,078	3,149	3,420	3,385
Additional Paid-in Capital	1,905	2,012	2,404	2,598	2,512	2,448
Accumulated Other Comprehensive Income	5.9	5.7	-10.1	-21.5	-48.9	-2.6
Retained Earnings	-3,922	-3,815	-3,147	-2,742	-2,772	-2,739
Shareholders' Equity	-2,012	-1,797	-752.4	-165.8	-309.4	-293.9
Total Liabilities & Equity	3,031	2,845	3,325	2,984	3,110	3,091
Total Debt	4,009	3,587	2,997	2,031	2,295	2,369
Net Cash (Debt)	-2,720	-2,549	-1,402	-674.6	-951.2	-650.6
Net Cash Per Share	-10.54	-9.34	-4.34	-1.95	-2.62	-1.64
Book Value	-2,012	-1,797	-752.4	-165.8	-309.4	-293.9
Book Value Per Share	-7.79	-6.59	-2.33	-0.48	-0.85	-0.74
Tangible Book Value	-2,495	-2,286	-1,250	-626.1	-801	-704.1
Tangible Book Value Per Share	-9.66	-8.38	-3.87	-1.81	-2.20	-1.78

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q