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Dropbox DBX Operating Cash Flow

Operating Cash Flow at other companies

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$34.37B+23.3%
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$55.44B+30.0%
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AdobeADBE
$2.17B-1.2%
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AmazonAMZN
$45.39B+39.6%
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$321.69M+27.9%
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BoxBOX
$140.19M+10.3%

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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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:NetCashProvidedByUsedInOperatingActivities.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Other non-current liabilities3.73.1
Operating lease liabilities(28.9)(17.6)
Cash paid for lease termination(36.0)
Net cash provided by operating activities443.0414.3
Cash flow from investing activities
Capital expenditures(4.5)(2.1)
Purchase of intangible assets(3.3)(0.4)
Business combinations, net of cash acquired(8.4)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Dropbox's operating cash flow?
Dropbox (DBX) reported operating cash flow of $238.5M in Q2 2026.
How has Dropbox's operating cash flow changed year-over-year?
Dropbox's operating cash flow decreased by 8.4% year-over-year, from $260.5M to $238.5M.
What is the long-term trend for Dropbox's operating cash flow?
Over 4 years (2021 to 2025), Dropbox's operating cash flow has grown at a 6.9% compound annual growth rate (CAGR), from $729.8M to $951.8M.
What does operating cash flow mean?
Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

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