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Dropbox DBX Debt-to-assets

Debt-to-assets at other companies

Apple logo
AppleAAPL
0.2×-0.1×
Microsoft logo
MicrosoftMSFT
0.2×0.0×
Adobe logo
AdobeADBE
0.2×0.0×
Amazon logo
AmazonAMZN
0.3×0.0×
DocuSign logo
DocuSignDOCU
0.0×
Box logo
BoxBOX
0.4×-0.1×

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$6.2B-32.5%

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

Calculated from Dropbox’s reported figures.

Based on the most recent quarter.

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 debt-to-assets?
Dropbox (DBX) reported debt-to-assets of 0.3× in Q1 2026.
How has Dropbox's debt-to-assets changed year-over-year?
Dropbox's debt-to-assets decreased by 44.5% year-over-year, from 0.5× to 0.3×.
What is the long-term trend for Dropbox's debt-to-assets?
Over 5 years (2020 to 2025), Dropbox's debt-to-assets has grown at a 1.9% compound annual growth rate (CAGR), from 0.5× to 0.6×.
What does debt-to-assets mean?
Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.