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Dropbox DBX International — Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 international — revenue?
Dropbox (DBX) reported international — revenue of $277.9M in Q1 2026.
How has Dropbox's international — revenue changed year-over-year?
Dropbox's international — revenue increased by 3.6% year-over-year, from $268.3M to $277.9M.
What is the long-term trend for Dropbox's international — revenue?
Over 4 years (2021 to 2025), Dropbox's international — revenue has grown at a 1.7% compound annual growth rate (CAGR), from $1.03B to $1.1B.
What does international — revenue mean?
This metric measures the total gross income generated from customers located outside the company's primary domestic market. It serves as a key indicator of the firm's global market penetration and the scalability of its product offerings across diverse international regulatory and economic environments. Growth in this metric demonstrates the effectiveness of the company's global sales strategy and its ability to capture demand in non-domestic regions.