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Dropbox DBX Stock-Based Comp

Stock-Based Comp at other companies

Apple logo
AppleAAPL
$3.4B+7.4%
Microsoft logo
MicrosoftMSFT
$3.12B+1.6%
Adobe logo
AdobeADBE
$534M+11.0%
Amazon logo
AmazonAMZN
$6.04B-7.6%
DocuSign logo
DocuSignDOCU
$141.38M-2.9%
Box logo
BoxBOX
$56.31M+2.6%

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:ShareBasedCompensation.

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
Net income$210.3$275.9
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization75.577.1
Stock-based compensation148.4144.8
Net loss on real estate assets2.6
Amortization of debt issuance costs8.94.7
Net loss on equity investments0.5
Amortization of deferred commissions10.714.0

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Dropbox's stock-based comp?
Dropbox (DBX) reported stock-based comp of $77.3M in Q2 2026.
How has Dropbox's stock-based comp changed year-over-year?
Dropbox's stock-based comp decreased by 0.5% year-over-year, from $77.7M to $77.3M.
What is the long-term trend for Dropbox's stock-based comp?
Over 4 years (2021 to 2025), Dropbox's stock-based comp has grown at a 1.2% compound annual growth rate (CAGR), from $287.1M to $300.8M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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