Dropbox, Inc. DBX AI
Technology · Software - Infrastructure · United States
Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company's platform enables individuals, families, teams, and organizations to collaborate for free through its website or app, or through a paid subscription plan for premium features. Its platform consists of various elements, such as unified home for content, global sharing network, and product experiences and integrations. The company serves customers in the professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
READ MORE ›$26.88
-6.86% 1Y
Market & Price
Market Cap
$6.27B
Current Price
$26.88
High / Low (52W)
$32.17 / $22.06
Beta
0.65
Valuation
Stock P/E
14.69
Industry PE
32.74
Forward P/E
7.89
PEG Ratio
12.47
Book Value
$-8.73
Price to Book
-3.08
P/S
2.48
EV/EBITDA
10.72
Dividend Yield
-
Profitability & Returns
ROCE
73.18%
ROE
-
ROA
14.21%
Profit Margin
18.71%
Op Margin
27.45%
EPS (Latest Qtr)
$0.48
EPS (TTM)
$1.83
Balance Sheet & Liquidity
Debt/Equity
-
Quick Ratio
1.16
Current Ratio
1.23
Debt
$4.01B
Total Assets
$2.84B
Current Assets
$1.19B
Working Capital
$-703.00M
Ownership
Promoter Holding
7.46%
Chg in Prom Hold
0.01%
FII / Inst Holding
129.46%
Chg in FII Hold
-0.01%
Financial Snapshot
Enterprise Value
$8.99B
Total Revenue (TTM)
$2.53B
EBITDA
$838.90M
Free Cash Flow
$816.44M
Operating Cash Flow
$1.00B
Shares Outstanding
158.04M
Gross Margin
79.74%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
2.74%
Profit 5Y
-2.78%
Revenue (YoY)
0.80%
Earnings (YoY)
-5.90%
PROS
- Healthy ROCE of 73.2%.
- Generates positive free cash flow.
CONS
- Earnings shrank at -2.8% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DBX Dropbox, Inc. AI | 26.88 | 14.69 | $6.27B | - | 73.18% | - | 2.74% | -2.78% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | 316.30M | 339.20M | 360.30M | 385.60M | 401.50M | 428.20M | 455.00M | 467.40M | 487.40M | 511.60M | 530.60M | 550.20M | 562.40M | 572.70M | 591.00M | 611.10M | 622.50M | 633.00M | 631.30M | 634.50M | - | - | 624.70M | 625.70M | 634.40M | 636.20M | 629.50M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 116.70M | 123.70M | 128.30M | 132.10M | 128.10M |
| Gross Profit | 154.40M | 174.50M | 195.20M | 195.70M | 249.70M | 270.10M | 287.20M | 298.60M | 323.40M | 351.90M | 364.90M | 384.20M | 402.30M | 423.50M | 438.20M | 449.50M | 466.90M | 481.30M | 494.30M | 502.40M | 513.40M | 525.50M | 527.50M | - | - | 508.00M | 502.00M | 506.10M | 504.10M | 501.40M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 324.20M | 331.00M | 331.40M | 345.80M | 328.60M |
| Operating Income | -33.40M | -26.70M | -16.30M | -465.90M | -7.20M | -8.90M | -21.30M | -34.00M | -18.60M | 26.80M | 12.80M | 30.00M | 42.50M | 84.40M | 77.30M | 89.50M | 82.90M | 89.30M | 84.10M | 56.50M | 130.70M | 143.50M | 127.00M | - | - | 183.80M | 171.00M | 174.70M | 158.30M | 172.80M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 221.90M | 210.00M | 214.30M | 207.40M | 211.90M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 169.50M | 147.80M | 157.20M | 143.10M | 141.40M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.20M | 22.20M | 33.40M | 34.40M | 26.90M |
| Net Income | -33.10M | -26.80M | -14.10M | -465.50M | -4.10M | -5.80M | -7.70M | -21.40M | -17.00M | 39.30M | 17.50M | 32.70M | 47.60M | 88.00M | 75.60M | 79.70M | 62.00M | 83.20M | 69.00M | 43.20M | 114.10M | 132.30M | 110.50M | - | - | 150.30M | 125.60M | 123.80M | 108.70M | 114.50M |
| Diluted EPS | - | - | - | - | - | - | -0.02 | -0.05 | -0.04 | 0.09 | 0.04 | 0.08 | 0.12 | 0.22 | 0.19 | 0.21 | 0.17 | 0.23 | 0.20 | 0.13 | 0.33 | 0.39 | 0.34 | - | - | 0.51 | 0.45 | 0.47 | 0.43 | 0.48 |
| R&D Expense | 89.30M | 89.80M | 97.20M | 378.50M | 119.70M | 133.20M | 150.00M | 162.40M | 172.80M | 181.80M | 185.80M | 183.30M | 181.20M | 185.50M | 187.30M | 210.80M | 215.00M | 227.60M | 235.20M | 262.80M | 216.40M | 219.10M | 227.10M | 225.70M | - | 178.40M | 184.40M | 182.30M | - | 184.20M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 844.80M | 1.11B | 1.39B | 1.66B | 1.91B | - | 2.32B | 2.50B | 2.55B | 2.52B |
| Cost of Revenue | - | - | - | - | - | - | 444.20M | 478.50M | 445.10M | 500.80M |
| Gross Profit | 454.20M | 737.90M | 997.00M | 1.25B | 1.50B | - | 1.88B | 2.02B | 2.10B | 2.02B |
| Operating Expenses | - | - | - | - | - | - | 1.52B | 1.64B | 1.62B | 1.33B |
| Operating Income | -193.50M | -113.70M | -494.00M | -80.50M | -277.00M | - | 356.50M | 383.50M | 486.30M | 687.80M |
| EBITDA | - | - | - | - | - | - | 513.60M | 553.50M | 623.60M | 853.60M |
| Interest Expense | - | - | - | - | - | - | - | - | - | 78.60M |
| Pretax Income | - | - | - | - | - | - | 192.70M | 554.40M | 509.80M | 617.60M |
| Tax Provision | - | - | - | - | - | - | -360.50M | 100.80M | 57.50M | 109.20M |
| Net Income | -210.20M | -111.70M | -484.90M | -52.70M | -256.30M | - | 553.20M | 453.60M | 452.30M | 508.40M |
| Diluted EPS | - | - | - | -0.13 | -0.62 | 0.85 | 1.52 | 1.31 | 1.40 | - |
| R&D Expense | 289.70M | 380.30M | 768.20M | 662.10M | 727.50M | 755.90M | 891.90M | 936.50M | 914.90M | 732.00M |
Compounded Sales Growth
| 5 Years: | 2.74% |
| 1 Year: | 0.80% |
Compounded Profit Growth
| 5 Years: | -2.78% |
| 1 Year: | -5.90% |
Stock Price Performance
| 1 Year: | -6.86% |
| 6 Months: | -9.92% |
| 3 Months: | +7.56% |
| 1 Month: | +10.57% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.02B | 1.69B | 2.70B | 2.39B | - | 3.11B | 2.98B | 3.33B | 2.84B |
| Current Assets | - | - | - | - | - | - | - | 1.49B | 1.52B | 1.74B | 1.19B |
| Cash & Equivalents | 356.90M | 352.70M | 430.00M | 519.30M | 551.30M | 314.90M | - | 232.80M | 614.90M | 1.33B | 891.30M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | 53.80M | 68.70M | 70.40M | 79.10M |
| Total Liabilities | - | - | 917.00M | 1.02B | 1.89B | 2.05B | - | 3.42B | 3.15B | 4.08B | 4.64B |
| Current Liabilities | - | - | 738.40M | 837.50M | 1.01B | 1.09B | - | 1.20B | 1.20B | 1.21B | 1.89B |
| Long Term Debt | - | - | - | - | - | - | - | 1.37B | 1.38B | 2.34B | 2.12B |
| Total Debt | - | - | - | - | - | - | - | 2.29B | 2.03B | 3.00B | 3.59B |
| Total Equity | 185.60M | 122.80M | 102.90M | 676.80M | 808.40M | 333.80M | - | -309.40M | -165.80M | -752.40M | -1.80B |
| Shares Outstanding | - | - | - | - | - | - | - | 349.40M | 336.70M | 295.90M | 242.90M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 252.60M | 330.30M | 425.40M | 528.50M | 570.80M | - | 797.30M | 783.70M | 894.10M | 951.80M |
| Investing Cash Flow | -118.00M | -23.90M | -633.80M | -320.00M | -233.60M | - | -48.50M | 395.20M | 443.80M | 111.90M |
| Financing Cash Flow | -134.50M | -231.70M | 300.80M | -176.70M | -577.70M | - | -1.04B | -799.20M | -586.60M | -1.53B |
| Capital Expenditure | -115.20M | -25.30M | -63.00M | -136.10M | -80.10M | - | -34.90M | -24.60M | -22.70M | -21.40M |
| Free Cash Flow | 137.40M | 305.00M | 362.40M | 392.40M | 490.70M | - | 762.40M | 759.10M | 871.40M | 930.40M |
| Net Change in Cash | - | - | - | - | - | - | -293.00M | 379.70M | 751.30M | -467.00M |
| Share Buybacks | - | - | 0 | 0 | 397.50M | 1.06B | 795.40M | 539.90M | 1.24B | 1.71B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 53.8% | 66.7% | 71.6% | 75.3% | 78.3% | - | 80.9% | 80.9% | 82.5% | 80.1% |
| Operating Margin % | -22.9% | -10.3% | -35.5% | -4.8% | -14.5% | - | 15.3% | 15.3% | 19.1% | 27.3% |
| Net Margin % | -24.9% | -10.1% | -34.8% | -3.2% | -13.4% | - | 23.8% | 18.1% | 17.7% | 20.2% |
| ROE % | -171.2% | -108.6% | -71.6% | -6.5% | -76.8% | - | -178.8% | -273.6% | -60.1% | -28.3% |
| ROCE % | - | -40.4% | -57.7% | -4.8% | -21.3% | - | 18.6% | 21.5% | 23.0% | 72.3% |
Shareholding Pattern
Insiders
7.46%
Institutions
129.46%
Public Float
139.88%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 13.19% | 20.84M | $560.15M |
| 2 | Vanguard Portfolio Management LLC | 7.74% | 12.23M | $328.73M |
| 3 | LSV Asset Management | 7.39% | 11.68M | $314.03M |
| 4 | Arrowstreet Capital, Limited Partnership | 5.40% | 8.53M | $229.39M |
| 5 | Renaissance Technologies, LLC | 4.89% | 7.72M | $207.54M |
| 6 | Vanguard Capital Management LLC | 4.43% | 7.00M | $188.19M |
| 7 | Morgan Stanley | 3.96% | 6.25M | $168.06M |
| 8 | State Street Corporation | 3.65% | 5.77M | $155.05M |
| 9 | Acadian Asset Management. LLC | 3.60% | 5.69M | $152.97M |
| 10 | Jacobs Levy Equity Management, Inc. | 3.04% | 4.80M | $129.11M |
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