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Dropbox

(NASDAQ) DBX

Current Price$30.62
Market Cap$6.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2018)+7%
5 Year+1%
1 Year+14%
1 Month+12%
Dropbox last closing stock price
MetricPriceDate
Last closeUSD 30.452026-07-16
Dropbox stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+3.54%USD 29.412026-07-09
1 month+11.54%USD 27.302026-06-16
3 month+25.46%USD 24.272026-04-17
Year to date+9.53%USD 27.802025-12-31
1 year+13.7%USD 26.782025-07-16
3 year+9.49%USD 27.812023-07-17
5 year+1%USD 30.152021-07-16
Since inception+6.92%USD 28.482018-03-23

Dropbox Financials at a Glance

Market Cap

$6.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$2.53B

Net Income (TTM)

$472.60M

EPS (TTM)

$1.83

P/E Ratio

16.62

Dividend

$0.00

Beta (Volatility)

1.01 (Average)

Price

$30.62

Volume

57,405

Open

$30.54

Previous Close

$30.45

Daily Range

$30.37 - $30.92

52-Week Range

$21.70 - $32.40

Estimated Earnings Date

Aug 6, 2026

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About Dropbox

Dropbox helps people keep their digital lives and work organized in one place. It lets users save and share files from any phone or computer. The platform makes it easy for teams to collaborate on projects together.

Tools for Organizing Your Work

  • Cloud Storage and Sync: Custom-built infrastructure that keeps files updated across all connected devices and allows for secure sharing.
  • Content Collaboration: Tools like Paper let teams co-author documents, assign tasks, and chat in real-time within a digital workspace.
  • Electronic Signatures: Platform services through Dropbox Sign and FormSwift that enable users to sign, send, and manage business agreements.
  • AI Search and Scheduling: Recent additions like Dash provide universal search across different apps, while Reclaim uses artificial intelligence to coordinate team calendars.
  • Secure Document Analytics: Features from DocSend allow users to track who views their shared documents and protect sensitive information with passwords.

Strategic Moves and New Tools

  • Acquired DocSend to provide customers with visibility and analytics for shared documents.
  • Integrated FormSwift into the platform to help users create and edit business forms in the cloud.
  • Bought Reclaim.ai to add automated, artificial intelligence-powered scheduling to its existing collaboration tools.
  • Launched Dropbox Dash as an AI-powered search tool that finds information across multiple third-party applications.
  • Established an AI Academy in 2025 to train employees on using artificial intelligence tools more effectively in their daily tasks.

What Makes Dropbox Different

Dropbox operates an open ecosystem that integrates with major competitors like Microsoft, Google, and Salesforce. This flexibility allows millions of users to adopt the service on their own before their companies eventually pay for professional subscriptions.

Tracking the Latest Results

  • Net income rose to $108.7 million in Q4 2025, a 5.7% increase from the same period in 2024.
  • Free cash flow reached $224.9 million in Q4 2025, growing 6.8% year-over-year.
  • Operating income grew 80.1% to $158.3 million in Q4 2025 compared to $87.9 million in Q4 2024.
  • The total number of paying users reached 18.08 million by the end of December 2025.
  • Revenue for Q4 2025 was $636.2 million, a slight decline of 1.1% from the $643.6 million reported in Q4 2024.

Evolution of the Platform

Dropbox has transitioned from a simple file-syncing service into a comprehensive platform for team collaboration and document management. By integrating artificial intelligence and electronic signatures, the company continues to shift its focus toward reducing tedious administrative tasks for modern workers.

AI Generated • Apr 23, 2026

Industry

Software

Employees

2,113

CEO

Drew Houston

Headquarters

San Francisco, CA 94158, US

DBX Financials

Key Financial Metrics (TTM)

Gross Margin

79.73%

Operating Margin

26.84%

Net Income Margin

18.71%

Return on Equity

-28.45%

Return on Capital

32.23%

Return on Assets

15.59%

Earnings Yield

6.02%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$6.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

225.03M

Volume

57.41K

Avg. Volume

3.90M

Financials (TTM)

Gross Profit

$2.01B

Operating Income

$678.00M

EBITDA

$871.80M

Operating Cash Flow

$1.00B

Capital Expenditure

-$21.70M

Free Cash Flow

$980.80M

Cash & ST Invst.

$1.29B

Total Debt

$4.01B

Dropbox Performance Analysis

Dropbox annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 2,324,900,0007.7%
20232023-12-31USD 2,501,600,0007.6%
20242024-12-31USD 2,548,200,0001.9%
20252025-12-31USD 2,521,000,000-1.1%
Dropbox sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-300.2%
Q32025-09-301.4%
Q42025-12-310.3%
Q12026-03-31-1.1%
Dropbox annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 1.2446.2%
20232023-12-31USD 1.315.8%
20242024-12-31USD 1.406.6%
20252025-12-31USD 1.8633.2%
Dropbox sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-11.8%
Q32025-09-304.4%
Q42025-12-31-8.5%
Q12026-03-3111.6%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$629.50M

+0.8%

Gross Profit

$501.40M

-1.3%

Gross Margin

79.65%

N/A

Market Cap

$6.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$3.24M

N/A

Employees

2,113

N/A

Net Income

$114.50M

-23.8%

EBITDA

$224.80M

-4.3%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$1.29B

+9.2%

Total Debt

$4.01B

+33.2%

Accounts Receivable

$74.70M

+4.3%

Inventory

$0.00

N/A

Long Term Debt

$3.80B

+77.8%

Short Term Debt

$212.10M

-75.8%

Return on Assets

15.59%

N/A

Return on Invested Capital

36.55%

N/A

Free Cash Flow

$203.30M

+32.6%

Operating Cash Flow

$204.50M

+33.0%

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Questions About DBX

What is the current price of Dropbox?

Dropbox is trading at $30.62 per share.

What is the 52-week range for Dropbox?

Over the past 52 weeks, Dropbox has traded between $21.70 and $32.40.

How much debt does Dropbox have?

As of the most recent reporting period, Dropbox reported total debt of $4.01B.

How much cash does Dropbox have on hand?

Dropbox reported $1.21B in cash and cash equivalents in its most recent financial results.

What is Dropbox’s dividend yield?

Dropbox does not currently have a dividend yield.

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