Dropbox, Inc. (DBX)

Dropbox Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	485.4	452.3	453.6	553.2	335.8	-256.3
Depreciation & Amortization	150.6	137.3	170	157.1	151.4	159.3
Other Amortization	36.6	34.9	42.8	43.7	36.1	25
Loss (Gain) From Sale of Assets	-	-	-	-	17.7	-
Asset Writedown & Restructuring Costs	2.7	0.1	3.6	175.2	-	398.2
Loss (Gain) From Sale of Investments	0.7	0.2	-	-5	-	-17.5
Stock-Based Compensation	322.8	346.5	338	330.7	287.1	261.5
Other Operating Activities	-7	19.4	-105.6	-333.3	2.4	76
Change in Accounts Receivable	-7.1	-2.4	-14.5	-5.5	-6.2	-5.5
Change in Accounts Payable	-5.8	-4.5	1.2	13	7.6	-19.9
Change in Unearned Revenue	0.5	1.5	21.6	25.6	59.8	55.1
Change in Other Net Operating Assets	-77.1	-91.2	-127	-157.4	-161.9	-105.1
Operating Cash Flow	902.3	894.1	783.7	797.3	729.8	570.8
Operating Cash Flow Growth	4.64%	14.09%	-1.71%	9.25%	27.86%	8.00%
Capital Expenditures	-9.5	-22.5	-24.3	-33.8	-22.1	-80.1
Cash Acquisitions	-45.1	-57.8	-	-75.4	-140	-
Sale (Purchase) of Intangibles	-0.6	-0.2	-0.3	-1.1	-6.8	-0.2
Investment in Securities	341.3	493.1	395.9	42.2	-396.1	-170.6
Other Investing Activities	29	31.2	23.9	19.6	40.2	17.3
Investing Cash Flow	315.1	443.8	395.2	-48.5	-524.8	-233.6
Long-Term Debt Issued	-	1,000	-	-	1,389	-
Long-Term Debt Repaid	-	-129.4	-126.6	-127.5	-110.4	-89.5
Net Debt Issued (Repaid)	861.2	870.6	-126.6	-127.5	1,279	-89.5
Issuance of Common Stock	0.9	0.9	2.5	0.5	6.9	2.3
Repurchase of Common Stock	-1,762	-1,390	-675	-914.8	-1,183	-489.7
Other Financing Activities	-73.7	-67.8	-0.1	-	-86.1	-0.8
Financing Cash Flow	-973.5	-586.6	-799.2	-1,042	16.2	-577.7
Foreign Exchange Rate Adjustments	10.2	-5.7	2.4	-7.2	-3.1	4.1
Net Cash Flow	254.1	745.6	382.1	-300.2	218.1	-236.4
Free Cash Flow	892.8	871.6	759.4	763.5	707.7	490.7
Free Cash Flow Growth	7.85%	14.77%	-0.54%	7.89%	44.22%	25.05%
Free Cash Flow Margin	35.25%	34.21%	30.36%	32.84%	32.80%	25.64%
Free Cash Flow Per Share	2.35	2.16	1.78	1.71	1.79	1.18
Cash Interest Paid	15.2	15.2	10.5	8.2	8.5	9.6
Cash Income Tax Paid	61	61	68.2	27.6	4.2	5
Levered Free Cash Flow	835.34	814.85	781.85	732.66	681.68	453.8
Unlevered Free Cash Flow	872.01	825.94	787.15	736.21	685.81	459.95
Change in Working Capital	-89.5	-96.6	-118.7	-124.3	-100.7	-75.4

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q