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Dropbox DBX Current Debt

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Other financials

Income statement

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Revenue$631.5M+0.9%
Gross profit$506.5M+0.9%
Operating income$164.8M-2.1%
Net income$95.8M-23.7%
EPS (diluted)$0.42-6.7%

Balance sheet

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Cash & equivalents$1.1B+38.9%
Total debt$804.1M-46.7%
Total equity-$2.2B-67.6%
Total assets$2.8B+1.7%

Cash flow

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Operating cash flow$238.5M-8.4%
CapEx$3.3M+65.0%
Free cash flow$235.2M-9.0%

Valuation

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Market cap$8.06B+11.3%
Enterprise value$7.79B-2.4%
P/E18.2×+3.3×
P/S3.2×+0.3×

Profitability

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Gross margin79.7%-1.6pp
Operating margin26.6%+4.2pp
Net margin17.5%-1.7pp
FCF margin37.8%+2.6pp

Returns & leverage

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Return on equity-44.9%
Debt / equity3.7×
Current ratio1.1×+0.5×

Where this comes from

Reported directly by Dropbox in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityCurrent.

The source filing: Dropbox’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001467623-26-000049
Line itemAs of / June 30, 2026As of / December 31, 2025
Accrued and other current liabilities111.4121.7
Accrued compensation and benefits71.6111.8
Operating lease liability55.151.3
Finance lease obligation128.9144.3
Convertible senior notes, net, current695.4
Term loan, net, current27.115.0
Deferred revenue748.9729.7
Total current liabilities1,178.71,893.5

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Dropbox's current debt?
Dropbox (DBX) reported current debt of $128.9M in Q2 2026.
How has Dropbox's current debt changed year-over-year?
Dropbox's current debt increased by 2.0% year-over-year, from $126.4M to $128.9M.
What is the long-term trend for Dropbox's current debt?
Over 5 years (2020 to 2025), Dropbox's current debt has grown at a 7.7% compound annual growth rate (CAGR), from $99.6M to $144.3M.
What does current debt mean?
The portion of long-term debt maturing within the next 12 months, requiring refinancing or repayment from operating cash flows.

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