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Dropbox DBX Operating Income

Operating Income at other companies

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AppleAAPL
$35.89B+21.3%
Microsoft logo
MicrosoftMSFT
$38.4B+20.0%
Adobe logo
AdobeADBE
$2.24B+6.1%
Amazon logo
AmazonAMZN
$23.85B+29.6%
DocuSign logo
DocuSignDOCU
$111.31M+84.7%
Box logo
BoxBOX
$27.44M+333%

Other financials

Income statement

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Revenue$629.5M+0.8%
Gross profit$501.4M-1.3%
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%

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:OperatingIncomeLoss.

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 operating income?
Dropbox (DBX) reported operating income of $172.8M in Q1 2026.
How has Dropbox's operating income changed year-over-year?
Dropbox's operating income decreased by 6.0% year-over-year, from $183.8M to $172.8M.
What is the long-term trend for Dropbox's operating income?
Over 3 years (2021 to 2025), Dropbox's operating income has grown at a 35.9% compound annual growth rate (CAGR), from $274.4M to $689.1M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.