DROPBOX, INC.
DROPBOX, INC.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,056 | 1,207 | 891 | 731 | 736 | 942 | 1,328 | 518 | 515 | 549 | 615 | 604 | |||||
Available For Sale Securities Debt Securities Curr… | 58 | 81 | 147 | 195 | 218 | 238 | 266 | 373 | 547 | 627 | 741 | 705 | |||||
Accounts Receivable Net Current | 76 | 75 | 79 | 74 | 76 | 72 | 70 | 70 | 67 | 67 | 69 | 64 | |||||
Prepaid Expense And Other Assets Current | 76 | 85 | 73 | 84 | 83 | 83 | 74 | 85 | 102 | 97 | 92 | 94 | |||||
Assets Current | 1,266 | 1,448 | 1,191 | 1,083 | 1,114 | 1,335 | 1,738 | 1,046 | 1,231 | 1,339 | 1,517 | 1,467 | |||||
Property Plant And Equipment Net | 338 | 358 | 378 | 377 | 362 | 365 | 359 | 346 | 324 | 315 | 309 | 299 | |||||
Operating Lease Right Of Use Asset | 262 | 261 | 271 | 280 | 223 | 181 | 159 | 168 | 177 | 178 | 184 | 244 | |||||
Intangible Assets Net Excluding Goodwill | 22 | 27 | 34 | 40 | 43 | 49 | 55 | 62 | 56 | 52 | 58 | 66 | |||||
Goodwill | 457 | 456 | 455 | 453 | 452 | 443 | 443 | 443 | 412 | 402 | 402 | 401 | |||||
Deferred Income Tax Assets Net | 403 | 405 | 416 | 434 | 465 | 465 | 467 | 458 | 462 | 461 | 460 | 487 | |||||
Other Assets Noncurrent | 79 | 75 | 101 | 128 | 120 | 120 | 105 | 54 | 57 | 52 | 53 | 47 | |||||
Assets | 2,826 | 3,031 | 2,845 | 2,796 | 2,779 | 2,957 | 3,325 | 2,577 | 2,719 | 2,798 | 2,984 | 3,011 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 36 | 32 | 24 | 37 | 38 | 34 | 37 | 36 | 38 | 32 | 39 | 45 | |||||
Employee Related Liabilities Current | 72 | 43 | 112 | 85 | 66 | 40 | 105 | 91 | 67 | 43 | 109 | 86 | |||||
Operating Lease Liability Current | 55 | 51 | 51 | 52 | 44 | 44 | 65 | 69 | 69 | 75 | 57 | 67 | |||||
Finance Lease Liability Current | - | 134 | 144 | 132 | 126 | 127 | 123 | 120 | 116 | 115 | 116 | 113 | |||||
Convertible Debt Current | 0 | 0 | 695 | 695 | 694 | 694 | 0 | - | - | - | - | - | |||||
Lines Of Credit Current | 27 | 27 | 15 | 12 | 10 | 10 | 10 | - | - | - | 0 | - | |||||
Contract With Customer Liability Current | 749 | 747 | 730 | 741 | 743 | 740 | 728 | 740 | 743 | 742 | 725 | 735 | |||||
Liabilities Current | 1,179 | 1,176 | 1,894 | 1,903 | 1,855 | 1,837 | 1,211 | 1,202 | 1,184 | 1,167 | 1,202 | 1,197 | |||||
Operating Lease Liability Noncurrent | 334 | 341 | 356 | 367 | 318 | 275 | 250 | 265 | 275 | 282 | 311 | 551 | |||||
Finance Lease Liability Noncurrent | - | 181 | 202 | 206 | 200 | 210 | 204 | 189 | 167 | 164 | 169 | 153 | |||||
Convertible Debt Noncurrent | 691 | 690 | 690 | 690 | 689 | 689 | 1,382 | 1,381 | 1,380 | 1,379 | 1,378 | 1,377 | |||||
Long Term Line Of Credit | 2,582 | 2,585 | 1,434 | 1,102 | 961 | 962 | 963 | - | - | - | 0 | - | |||||
Other Liabilities Noncurrent | 72 | 70 | 68 | 60 | 61 | 61 | 68 | 87 | 84 | 84 | 91 | 83 | |||||
Liabilities | 5,015 | 5,043 | 4,642 | 4,327 | 4,085 | 4,033 | 4,078 | 3,123 | 3,090 | 3,075 | 3,149 | 3,361 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Common Stock Value | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Additional Paid In Capital | 1,824 | 1,905 | 2,012 | 2,100 | 2,181 | 2,267 | 2,404 | 2,455 | 2,520 | 2,555 | 2,598 | 2,561 | |||||
Retained Earnings Accumulated Deficit | -4,019 | -3,922 | -3,815 | -3,634 | -3,488 | -3,336 | -3,147 | -2,993 | -2,873 | -2,812 | -2,742 | -2,875 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 7 | 6 | 6 | 2 | 1 | -7 | -10 | -8 | -19 | -20 | -22 | -37 | |||||
Stockholders Equity | -2,188 | -2,012 | -1,797 | -1,531 | -1,306 | -1,076 | -752 | -546 | -371 | -277 | -166 | -350 | |||||
Liabilities And Stockholders Equity | 2,826 | 3,031 | 2,845 | 2,796 | 2,779 | 2,957 | 3,325 | 2,577 | 2,719 | 2,798 | 2,984 | 3,011 | |||||
Convertible Preferred Stock | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Common Class A | - | - | 166 | - | - | - | 2,400 | - | - | - | 2,400 | - | |||||
Common Class B | - | - | 75 | - | - | - | 475 | - | - | - | 475 | - | |||||
Common Class C | - | - | 0 | - | - | - | 800 | - | - | - | 800 | - | |||||
Preferred Stock Par Or Stated Value Per Share | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Preferred Stock Shares Authorized | - | - | 240 | - | - | - | 240 | - | - | - | 240 | - | |||||
Preferred Stock Shares Issued | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Preferred Stock Shares Outstanding | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Common Stock Par Or Stated Value Per Share | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.99% | -7.82% | 1.00% | - | - | - | - | - | - | - | - | - |
| 2025 | -2.04% | -4.55% | -5.74% | 7.99% | 16.78% | 9.10% | -3.21% | -9.30% | -14.80% | 1.06% | -13.42% | 13.42% |
| 2024 | -2.59% | -2.85% | 4.41% | 12.03% | 12.79% | 15.86% | 2.29% | 12.87% | 16.42% | -4.15% | 1.31% | 10.21% |
| 2023 | - | - | - | - | - | - | 9.73% | 15.96% | 23.73% | -4.23% | -7.22% | -6.82% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.07 | 1.23 | 0.63 | 0.57 | 0.60 | 0.73 | 1.44 | 0.87 | 1.04 | 1.15 | 1.26 | 1.23 | |||||
| Quick Ratio | 1.01 | 1.16 | 0.59 | 0.53 | 0.56 | 0.68 | 1.37 | 0.80 | 0.95 | 1.06 | 1.19 | 1.15 | |||||
| Working Capital | 87.30M | 272.70M | -703.00M | -820.50M | -741.70M | -502.20M | 527.60M | -156.60M | 47.40M | 172.40M | 315.10M | 270.30M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -2.29 | -2.51 | -2.58 | -2.83 | -3.13 | -3.75 | -5.42 | -5.72 | -8.32 | -11.09 | -18.99 | -9.59 | |||||
| Interest Coverage TTM | 5.11 | 6.73 | 8.77 | 11.10 | 14.60 | 21.06 | 27.47 | 29.46 | 28.09 | 26.23 | 27.77 | 11.86 | |||||
| Debt Ratio | 1.77 | 1.66 | 1.63 | 1.55 | 1.47 | 1.36 | 1.23 | 1.21 | 1.14 | 1.10 | 1.06 | 1.12 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.90 | 0.84 | 0.82 | 0.94 | 0.92 | 0.88 | 0.81 | 0.91 | 0.90 | 0.87 | 0.82 | 0.86 | |||||
| Days Sales Outstanding TTM | 10.96 | 10.57 | 10.82 | 10.35 | 10.30 | 9.93 | 9.96 | 9.60 | 9.18 | 9.00 | 8.94 | 8.42 | |||||
| Receivables Turnover TTM | 33.29 | 34.53 | 33.73 | 35.26 | 35.45 | 36.75 | 36.64 | 38.02 | 39.78 | 40.58 | 40.84 | 43.33 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.95 | 2.00 | 1.86 | 1.90 | 1.75 | 1.59 | 1.40 | 1.82 | 1.80 | 1.52 | 1.31 | 1.60 | |||||
| Free Cash Flow Per Share TTM | 4.04 | 4.17 | 3.47 | 2.92 | 2.71 | 2.96 | 2.74 | 2.71 | 2.57 | 2.35 | 2.23 | 2.21 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 79.72% | 79.72% | 80.13% | 80.64% | 81.34% | 82.06% | 82.53% | 82.43% | 82.07% | 81.46% | 80.87% | 80.84% | |||||
| Operating Profit Margin TTM | 26.64% | 26.85% | 27.33% | 24.32% | 22.42% | 20.72% | 19.08% | 26.21% | 26.39% | 23.72% | 21.53% | 7.74% | |||||
| Net Profit Margin TTM | 17.49% | 18.71% | 20.17% | 19.87% | 19.16% | 18.50% | 17.75% | 22.71% | 23.06% | 20.50% | 18.13% | 22.50% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -0.05% | -0.62% | -1.07% | -0.44% | -0.04% | 0.79% | 1.86% | 3.01% | 4.56% | 6.24% | 7.60% | 7.58% | |||||
| Net Income Growth (1Y) | -8.78% | 0.49% | 12.40% | -12.88% | -16.91% | -9.02% | -0.29% | 4.00% | 11.55% | -4.72% | -18.00% | 58.68% | |||||
| EPS Growth (1Y) | 10.54% | 24.03% | 33.31% | 4.94% | -1.66% | 4.93% | 6.92% | 12.17% | 18.13% | -1.22% | -13.20% | 67.53% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 13.95 | 11.31 | 14.67 | 15.70 | 16.05 | 16.49 | 21.13 | 13.87 | 12.40 | 15.74 | 22.17 | 16.65 | |||||
| P/B TTM | -2.82 | -2.66 | -4.15 | -5.15 | -5.97 | -7.21 | -12.70 | -14.65 | -19.51 | -29.35 | -60.67 | -26.37 | |||||
| P/S TTM | 2.44 | 2.12 | 2.96 | 3.12 | 3.08 | 3.05 | 3.75 | 3.15 | 2.86 | 3.23 | 4.02 | 3.75 | |||||
| Market Cap | 6.18B | 5.34B | 7.46B | 7.89B | 7.79B | 7.75B | 9.56B | 8.00B | 7.24B | 8.14B | 10.06B | 9.24B | |||||
| Enterprise Value | 5.82B | 5.17B | 8.31B | 8.86B | 8.74B | 8.51B | 11.50B | 9.17B | 8.39B | 9.24B | 11.11B | 10.27B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 907.50M | 980.40M | 930.80M | 762.70M | 739.10M | 859.00M | 871.60M | 851.40M | 827.80M | 787.70M | 759.40M | 750.80M | |||||
| Net Debt | -350.60M | -175.40M | 854.80M | 969.50M | 950.90M | 754.30M | 1.94B | 1.17B | 1.15B | 1.11B | 1.05B | 1.04B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
DROPBOX, INC. (DBX) — SEC Financial Statements & Analysis
DROPBOX, INC. (DBX) is a services-prepackaged software company, incorporated in NV. DROPBOX, INC. trades on Nasdaq as: DBX. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), DROPBOX, INC. reported a -0.05% year-over-year revenue growth, a Gross Profit Margin of 79.72% (TTM), a Debt-to-Equity ratio of -2.29x, a Price-to-Sales (P/S) ratio of 2.44x (TTM), a Price-to-Book (P/B) ratio of -2.82x (TTM), at a market cap of $6.18B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -0.05%
- Gross Profit Margin TTM
- 79.72%
- Debt To Equity
- -2.29x
- P/S TTM
- 2.44x
- P/B TTM
- -2.82x
- Market Cap
- $6.18B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is DROPBOX, INC. in?
DROPBOX, INC. (DBX) operates in the Services-Prepackaged Software industry.
What is DBX's market cap?
DROPBOX, INC. (DBX) has a market capitalization of $6.18B as of 2026-06-30.
What is DBX's P/E ratio?
DROPBOX, INC. (DBX)'s trailing twelve month P/E ratio is 13.95x as of 2026-06-30.
What exchange does DBX trade on?
DROPBOX, INC. (DBX) trades on the Nasdaq.
Where is DROPBOX, INC. incorporated?
DROPBOX, INC. is incorporated in NV.