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Dropbox DBX Amortization of deferred commissions

Amortization of deferred commissions at other companies

DocuSign logo
DocuSignDOCU
$67.36M+1.3%
ServiceNow logo
ServiceNowNOW
$168M+15.9%

Other financials

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

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Market cap$6.06B-32.5%
Enterprise value$5.68B-41.1%
P/E12.8×-6.3×
P/S2.4×-1.1×

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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Return on equity-44.9%
Debt / equity3.7×
Current ratio1.2×+0.5×

Where this comes from

Reported directly by Dropbox in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedContractCostAmortization.

The official record: Dropbox’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dropbox's amortization of deferred commissions?
Dropbox (DBX) reported amortization of deferred commissions of $5.5M in Q1 2026.
How has Dropbox's amortization of deferred commissions changed year-over-year?
Dropbox's amortization of deferred commissions decreased by 23.6% year-over-year, from $7.2M to $5.5M.
What is the long-term trend for Dropbox's amortization of deferred commissions?
Over 4 years (2021 to 2025), Dropbox's amortization of deferred commissions has grown at a -5.4% compound annual growth rate (CAGR), from $32.3M to $25.9M.
What does amortization of deferred commissions mean?
This represents the non-cash expense related to the systematic recognition of capitalized sales commissions over the expected period of benefit from customer contracts. It aligns the cost of acquiring customers with the revenue generated from those contracts. This metric is critical for evaluating the efficiency of sales and marketing spend relative to customer lifetime value.