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Dropbox

DBX

Dropbox is a leading global content collaboration platform that provides a unified digital workspace for individuals and teams to create, access, and share content.

Market cap
$7.13B-5.3%
Revenue$2.5B-0.6%
Net income$472.6M+0.5%
Free cash flow$980.4M+14.1%
EPS (diluted)$1.83+20.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$626.7M
EPS estimate$0.74

Financials

Q1 2026

Income statement

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Revenue$629.5M+0.8%
Gross profit$501.4M-1.3%
Operating income$172.8M-6.0%
Net income$114.5M-23.8%
EPS (diluted)$0.48-5.9%

Balance sheet

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Cash & equivalents$1.2B+25.4%
Total debt$840.2M-43.1%
Total equity-$2.0B-87.0%
Total assets$3.0B+2.5%

Cash flow

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Operating cash flow$204.5M+33.0%
CapEx$1.2M+1,100%
Free cash flow$203.3M+32.3%

Valuation & ratios

Valuation

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Market cap$7.13B-5.3%
Enterprise value$6.74B-19.9%
P/E15.1×-0.7×
P/S2.8×-0.2×

Profitability

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Gross margin79.7%-2.3pp
Operating margin26.8%+6.1pp
Net margin18.7%+0.2pp
FCF margin38.8%+5.0pp

Returns & leverage

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Current ratio1.2×+0.5×

Competitors

Profile

Dropbox is a leading global content collaboration platform that provides a unified digital workspace for individuals and teams to create, access, and share content. The company focuses on reducing 'work about work' by centralizing fragmented information flows across various devices and third-party applications. Its value proposition centers on a simple, intuitive user experience supported by a proprietary, high-performance infrastructure and an open ecosystem.

Competitive position

A leading provider in the cloud storage and collaboration market, distinguished by a viral bottom-up adoption model and a custom-built infrastructure that handles exabytes of data.

GeographiesGlobal, United States, Europe, Japan, Australia
Customer segmentsEnterprise, SMB, Consumer, Education, Professional Services
Business modelSubscription SaaS, Freemium, B2B, B2C
SuppliersAmazon Web Services (AWS), Datacenter co-location providers, Hardware manufacturers (pre-installations), Semiconductor and server component suppliers
CustomersKnowledge workers, Distributed teams, IT administrators, Creative professionals
Listed2018
Employees2.7K
CEOAndrew W. Houston
FilingsSEC EDGAR

Questions, answered.

What is Dropbox's market cap?
Dropbox (DBX) has a market capitalization of $7.1B and trades on NASDAQ.
What is Dropbox's revenue and profitability?
Dropbox generated $2.5B in trailing twelve-month revenue with net income of $472.6M, representing a net margin of 18.7%. Gross margin stands at 79.7%, with free cash flow of $980.4M. These figures are based on the Q1 2026 filing.
Who are Dropbox's competitors?
Dropbox's key competitors include Adobe, Box, Microsoft, and others. These companies compete in similar markets and product categories.
Who does Dropbox partner with?
Dropbox's notable partners include Microsoft, Zoom, Slack, and others.
What subsidiaries does Dropbox have?
Dropbox's subsidiaries include DocSend, FormSwift, Reclaim.ai.
Where is Dropbox headquartered?
Dropbox is headquartered in United States of America and employs approximately 2,693 people. It has been publicly traded since 2018.