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Dropbox, Inc. (DBX)

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SEC name DROPBOX, INC. · CIK 0001467623 · Nasdaq · Services-Prepackaged Software

  • Sector Services
  • Incorporated NV
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Dropbox, Inc. reported revenue of $2.52B. Revenue fell 1.1% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $2.53B.

Key ratios (year ended 2025-12-31)

80.1%
Gross margin
27.3%
Operating margin
20.2%
Net margin
-1.1%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-19

Headquarters locality: San Francisco · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$2.53B$2.52B$2.55B$2.50B$2.32B$2.16B$1.91B$1.66B$1.39B$1.11B$844.80M
Cost of Revenue$513.50M$500.80M$445.10M$478.50M$444.20M$444.20M$414.60M$411.00M$394.70M$368.90M$390.60M
Gross Profit$2.02B$2.02B$2.10B$2.02B$1.88B$1.71B$1.50B$1.25B$997.00M$737.90M$454.20M
R&D Expense$741.50M$732.00M$914.90M$936.50M$891.90M$755.90M$727.50M$662.10M$768.20M$380.30M$289.70M
Operating Income$674.50M$689.10M$486.20M$538.70M$181.30M$274.40M-$277.00M-$80.50M-$494.00M-$113.70M-$193.50M
Net Income$442.80M$508.40M$452.30M$453.60M$553.20M$335.80M-$256.30M-$52.70M-$484.90M-$111.70M-$210.20M
EPS (Diluted)n/a$1.86$1.40$1.31$1.52$0.85-$0.62-$0.13n/an/an/a
Total Assets$2.83B$2.84B$3.33B$2.98B$3.11B$3.09B$2.39B$2.70B$1.69B$1.02Bn/a
Total Liabilities$5.01B$4.64B$4.08B$3.15B$3.42B$3.39B$2.05B$1.89B$1.02B$917.00Mn/a
Shareholders' Equity-$2.19B-$1.80B-$752.40M-$165.80M-$309.40M-$293.90M$333.80M$808.40M$676.80M$102.90M$122.80M
Cash & Equivalents$1.06B$891.30M$1.33B$614.90M$232.80M$533.00M$314.90M$551.30M$519.30M$430.00M$352.70M
Operating Cash Flow$980.50M$951.80M$894.10M$783.70M$797.30M$729.80M$570.80M$528.50M$425.40M$330.30M$252.60M
Capital Expenditures$23.40M$21.00M$22.50M$24.30M$33.80M$22.10M$80.10M$136.10M$63.00M$25.30M$115.20M
Free Cash Flow$957.10M$930.80M$871.60M$759.40M$763.50M$707.70M$490.70M$392.40M$362.40M$305.00M$137.40M
Share Repurchases$1.50B$1.71B$1.24B$539.90M$795.40M$1.06B$397.50M$0$0n/an/a
Weighted Average Diluted Sharesn/a272.80M323.40M345.60M363.30M395.80M414.30M411.60Mn/an/an/a
EPS (Basic)n/a$1.89$1.42$1.33$1.53$0.87-$0.62-$0.13n/an/an/a

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