What is Dropbox's capex?

Dropbox (DBX) reported capex of $1.2M in Q1 2026.

How has Dropbox's capex changed year-over-year?

Dropbox's capex increased by 1100.0% year-over-year, from $100K to $1.2M.

What is the long-term trend for Dropbox's capex?

Over 4 years (2021 to 2025), Dropbox's capex has grown at a -1.3% compound annual growth rate (CAGR), from $22.1M to $21M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Dropbox DBX CapEx

CapEx at other companies

AppleAAPL

$1.97B-35.8%

MicrosoftMSFT

$30.88B+84.4%

AdobeADBE

$58M+23.4%

AmazonAMZN

$44.2B+76.7%

DocuSignDOCU

$32.25M+36.5%

BoxBOX

$1.27M+309%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$204.5M+33.0%

Free cash flow$203.3M+32.3%

Valuation

See full

Market cap$6.06B-32.5%

Profitability

See full

Gross margin79.7%-2.3pp

Operating margin26.8%+6.1pp

Net margin18.7%+0.2pp

FCF margin38.8%+5.0pp

Returns & leverage

See full

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:PaymentsToAcquirePropertyPlantAndEquipment.

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

Ask your AI about Dropbox's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Dropbox's capex?: Dropbox (DBX) reported capex of $1.2M in Q1 2026.
How has Dropbox's capex changed year-over-year?: Dropbox's capex increased by 1100.0% year-over-year, from $100K to $1.2M.
What is the long-term trend for Dropbox's capex?: Over 4 years (2021 to 2025), Dropbox's capex has grown at a -1.3% compound annual growth rate (CAGR), from $22.1M to $21M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.