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DBX

Dropbox, Inc.

Information TechnologyPrepackaged Software
Ticker DBXSAN FRANCISCO, CAFiscal year ends DecemberBook value per share $-9.53Diluted shares 229.5M

Dropbox, Inc. (Nasdaq: DBX) provides a cloud-based platform for storing, organizing, sharing and collaborating on content, helping individuals and teams manage work across devices and applications. Its customers include individuals, families, freelancers, small businesses and organizations ranging from teams to… From the company’s description.

Over the twelve months to Sep 30, 2026, Dropbox, Inc. reported revenue of $2.53B, up 0.2% from a year earlier, and net income of $435.10M. Its operating margin was 26.6%, and operations generated $937.60M in cash. In fiscal 2025, it reported revenue of $2.52B, down 1.1% from fiscal 2024, and net income of $508.40M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$2.52BFY2025
−1.1% year over year
Last 12 mo $2.53B
27.33%FY2025
+8.3 percentage points
Last 12 mo 26.63%
$508.40MFY2025
+12.4% year over year
Last 12 mo $435.10M
-28.29%FY2025
+31.8 percentage points
Last 12 mo -19.89%
Cash & financing
$951.80MFY2025
+6.5% year over year
Last 12 mo $937.60M
$930.80MFY2025
+6.8% year over year
Last 12 mo $915.20M
-1.77FY2025
Was -3.56× a year earlier
Last 12 mo -1.64
272.8MFY2025
−15.6% year over year
Last 12 mo 229.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Dropbox, Inc. does

In the company’s own words

Dropbox, Inc. (Nasdaq: DBX) provides a cloud-based platform for storing, organizing, sharing and collaborating on content, helping individuals and teams manage work across devices and applications. Its customers include individuals, families, freelancers, small businesses and organizations ranging from teams to Fortune 100 companies across many industries. Users can access a free plan or subscribe to personal and business plans; more than 90% of revenue comes through self-serve channels. The platform includes Dropbox file storage and collaboration, Dropbox Backup, the AI-powered search tool Dropbox Dash, Dropbox Sign for electronic signatures, DocSend for secure document sharing and analytics, Dropbox Replay for content review, Dropbox Transfer for sending large files, and Reclaim for AI-powered scheduling. The company reports one operating segment. At December 31, 2025, it had 18.08 million paying users and approximately 575,000 paying Dropbox Business teams; it employed 2,113 full-time staff. Founded in 2007, Dropbox was incorporated as Evenflow and adopted its current name in 2009. Its website is http://www.dropbox.com/.

Company details
Sector
Information Technology
Industry (SIC)
Prepackaged Software
Headquarters
SAN FRANCISCO, CA
Fiscal year end
December
CIK
1467623
SIC
7372

Financial performance, year by year

Fiscal 2018–2025 · USD
$-788.21M$121.72M$1.03B$1.94B$2.85B20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Dropbox, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

433
funds hold it
0 of 35
superinvestors hold it
$1.66B
held by funds, at market
41.7%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Dropbox, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.11%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
PIMCO RAE US Small Fund
PMJIX · PIMCO Equity Series
1.46%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Dropbox, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Dropbox, Inc.’s debt, $62.34M at market value — what funds hold, not the company’s total debt.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Dropbox, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Dropbox, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Dropbox, Inc.'s last four quarterly filings that the numbers alone won't show?”
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