$37.62
+1.03
(+2.81%)
As of Oct 22, 2026, 2:53 PM EDT · cached
Price history
Dropbox (DBX) is trading up at $37.62 (+2.81%), as of the latest quote. It is a Russell 1000 constituent in the Information Technology sector.
IPO: March 23, 2018 · $21.00 offering · NASDAQ · View IPO details →
Dropbox revenue & net income history (FY2016–FY2025)
RevenueNet incomeNet margin (right axis, %)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $844.8M | $1.11B | $1.39B | $1.66B | $1.91B | $2.16B | $2.32B | $2.50B | $2.55B | $2.52B |
| Growth (year over year) | — | +31.0% | +25.7% | +19.4% | +15.2% | +12.7% | +7.7% | +7.6% | +1.9% | −1.1% |
| Gross profit | $454.2M | $737.9M | $997.0M | $1.25B | $1.50B | $1.71B | $1.88B | $2.02B | $2.10B | $2.02B |
| Gross margin | 53.8% | 66.7% | 71.6% | 75.3% | 78.3% | 79.4% | 80.9% | 80.9% | 82.5% | 80.1% |
| Operating income | −$193.5M | −$113.7M | −$494.0M | −$80.5M | −$277.0M | $274.4M | $181.3M | $538.7M | $486.2M | $689.1M |
| Operating margin | −22.9% | −10.3% | −35.5% | −4.8% | −14.5% | 12.7% | 7.8% | 21.5% | 19.1% | 27.3% |
| Net income | −$210.2M | −$111.7M | −$484.9M | −$52.7M | −$256.3M | $335.8M | $553.2M | $453.6M | $452.3M | $508.4M |
| Net margin | −24.9% | −10.1% | −34.8% | −3.2% | −13.4% | 15.6% | 23.8% | 18.1% | 17.7% | 20.2% |
| EPS (diluted) | −$1.11 | −$0.57 | −$1.35 | −$0.13 | −$0.62 | $0.85 | $1.52 | $1.31 | $1.40 | $1.86 |
| Balance sheet | ||||||||||
| Cash and equivalents | $352.7M | $430.0M | $519.3M | $551.3M | $314.9M | $533.0M | $232.8M | $614.9M | $1.33B | $891.3M |
| Total assets | — | $1.02B | $1.69B | $2.70B | $2.39B | $3.09B | $3.11B | $2.98B | $3.33B | $2.84B |
| Total liabilities | — | $917.0M | $1.02B | $1.89B | $2.05B | $3.39B | $3.42B | $3.15B | $4.08B | $4.64B |
| Shareholders' equity | $122.8M | $102.9M | $676.8M | $808.4M | $333.8M | −$293.9M | −$309.4M | −$165.8M | −$752.4M | −$1.80B |
| Cash flow | ||||||||||
| Operating cash flow | $252.6M | $330.3M | $425.4M | $528.5M | $570.8M | $729.8M | $797.3M | $783.7M | $894.1M | $951.8M |
| Capital expenditure | $115.2M | $25.3M | $63.0M | $136.1M | $80.1M | $22.1M | $33.8M | $24.3M | $22.5M | $21.0M |
| Free cash flow | $137.4M | $305.0M | $362.4M | $392.4M | $490.7M | $707.7M | $763.5M | $759.4M | $871.6M | $930.8M |
| Share buybacks | — | — | $0 | $0 | $397.5M | $1.06B | $795.4M | $539.9M | $1.24B | $1.71B |
RevenueNet incomeNet margin (right axis, %)
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $638.8M | $643.6M | $624.7M | $625.7M | $634.4M | $636.2M | $629.5M | $631.5M |
| Growth (year over year) | +0.9% | +1.4% | −1.0% | −1.4% | −0.7% | −1.1% | +0.8% | +0.9% |
| Gross profit | $527.3M | $522.8M | $508.0M | $502.0M | $506.1M | $504.1M | $501.4M | $506.5M |
| Gross margin | 82.5% | 81.2% | 81.3% | 80.2% | 79.8% | 79.2% | 79.7% | 80.2% |
| Operating income | $127.8M | $87.9M | $183.8M | $168.4M | $174.7M | $162.2M | $172.8M | $164.8M |
| Operating margin | 20.0% | 13.7% | 29.4% | 26.9% | 27.5% | 25.5% | 27.5% | 26.1% |
| Net income | $106.7M | $102.8M | $150.3M | $125.6M | $123.8M | $108.7M | $114.5M | $95.8M |
| Net margin | 16.7% | 16.0% | 24.1% | 20.1% | 19.5% | 17.1% | 18.2% | 15.2% |
| EPS (diluted) | $0.34 | $0.33 | $0.51 | $0.45 | $0.47 | $0.43 | $0.48 | $0.42 |
| Balance sheet | ||||||||
| Cash and equivalents | $517.6M | $1.33B | $942.2M | $736.3M | $730.7M | $891.3M | $1.21B | $1.06B |
| Total assets | $2.58B | $3.33B | $2.96B | $2.78B | $2.80B | $2.84B | $3.03B | $2.83B |
| Total liabilities | $3.12B | $4.08B | $4.03B | $4.08B | $4.33B | $4.64B | $5.04B | $5.01B |
| Shareholders' equity | −$546.1M | −$752.4M | −$1.08B | −$1.31B | −$1.53B | −$1.80B | −$2.01B | −$2.19B |
| Cash flow | ||||||||
| Operating cash flow | $274.2M | $213.8M | $153.8M | $260.5M | $302.1M | $235.4M | $204.5M | $238.5M |
| Capital expenditure | $4.10M | $3.30M | $100.0K | $2.00M | $8.40M | $10.5M | $1.20M | $3.30M |
| Free cash flow | $270.1M | $210.5M | $153.7M | $258.5M | $293.7M | $224.9M | $203.3M | $235.2M |
| Share buybacks | $348.7M | $353.3M | $499.1M | $410.0M | $389.8M | $415.0M | $366.8M | $330.3M |
From Dropbox's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Dropbox
Dropbox is a file hosting service operated by the American company Dropbox, Inc., headquartered in San Francisco, California, that offers cloud storage, file synchronization, personal cloud, and client software. Dropbox was founded in 2007 by MIT students Drew Houston and Arash Ferdowsi as a startup company, with initial funding from seed accelerator Y Combinator.
- Headquarters
- San Francisco, California From SEC filings, Oct 2026
Recent News (7)
-
Dropbox chief accounting officer Sarah Schubach sells $73,228 in stock
Dropbox chief accounting officer Sarah Schubach sells $73,228 in stock
-
Dropbox CAO Sarah Schubach sells $65,893 of stock
Dropbox CAO Sarah Schubach sells $65,893 of stock
-
Dropbox co-CEO Andrew Houston sells $1.04m in stock
Dropbox co-CEO Andrew Houston sells $1.04m in stock
-
EchoFile Introduces Pilot Program for Seamless Cloud-to-Cloud File Sharing Pilot program will test EchoFile's ability to simplify cross-platform file sharing between Google Drive, Dropbox and Microsoft SharePoint. CHARLESTON, S.C., Oct. 13, 2026 /PRNewswire-PRWeb/ -- EchoFil…
-
Dropbox co-CEO Andrew Houston sells $12 million in stock
Dropbox co-CEO Andrew Houston sells $12 million in stock
-
Meticulous Announces $15m Series A to Enable Every Developer to Ship at the Speed their Agents Code SAN FRANCISCO, Oct. 6, 2026 /PRNewswire/ -- Meticulous announces a $15m Series A round led by Chemistry to enable every developer to ship at the speed their agents write code. At Notion, ElevenLabs, D…
-
More Information Technology stocks
- ALAB Astera Labs
- ARM Arm Holdings
- ASML ASML Holding
- MRVL Marvell Technology
- TWLO Twilio
- AAPL Apple Inc.
- ACN Accenture
- ADBE Adobe Inc.