Dropbox/$DBX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Dropbox
Dropbox provides cloud storage and content collaboration tools, focusing on individuals and small to midsize businesses. Founded in 2007, Dropbox was a pioneer in the file sync and share market. In recent years, the firm has been emphasizing its Dash product, which facilitates AI-powered universal search across unstructured cloud data.
- Ticker
- $DBX
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 2,113
- Headquarters
- San Francisco, United States
- Website
- www.dropbox.com
Dropbox Metrics
BasicAdvanced
$7.2B
18.19
$1.84
0.59
-
Price and volume
Market cap
$7.2B
Beta
0.59
52-week high
$38.22
52-week low
$21.70
Average daily volume
4.3M
Financial strength
Current ratio
1.068
Quick ratio
1.011
Long term debt to equity
-1.711
Total debt to equity
-1.809
Interest coverage (TTM)
3.44%
Profitability
EBITDA (TTM)
836.5
Gross margin (TTM)
79.94%
Net profit margin (TTM)
17.17%
Operating margin (TTM)
27.03%
Effective tax rate (TTM)
18.18%
Revenue per employee (TTM)
$1,200,000
Management effectiveness
Return on assets (TTM)
15.21%
Return on equity (TTM)
-23.40%
Valuation
Price to earnings (TTM)
18.194
Price to revenue (TTM)
3.069
Price to book
-3.32
Price to tangible book (TTM)
-2.73
Price to free cash flow (TTM)
8.53
Free cash flow yield (TTM)
11.72%
Free cash flow per share (TTM)
3.931
Growth
Revenue change (TTM)
0.24%
Earnings per share change (TTM)
5.50%
3-year revenue growth (CAGR)
0.93%
3-year earnings per share growth (CAGR)
4.65%
What the Analysts think about Dropbox
Analyst ratings (Buy, Hold, Sell) for Dropbox stock.
Analyst projections of the future price of Dropbox stock.
Bulls say / Bears say
Paying-user momentum has improved: Dropbox added 96,000 net users in Q2, its third consecutive quarter of growth, while Teams net new ARR also grew sequentially. This suggests retention and sales changes may be stabilising the core business. (Dropbox)
Dropbox generated $283.5 million of unlevered free cash flow in Q2 and reported a 39.7% non-GAAP operating margin. High cash generation gives it room to fund product investment and return capital even while sales growth is modest. (Dropbox, The Motley Fool)
Dropbox can introduce AI features to a large existing customer base: more than 150,000 users had connected its ChatGPT and Claude integrations, and management plans to bring Dash intelligence into the core product. If that drives greater engagement or upgrades, it could create a growth lever beyond basic storage. (The Motley Fool)
Revenue growth remains weak: Q2 revenue rose just 0.9% year on year, and only 0.1% excluding FormSwift on a constant-currency basis. The 2026 revenue outlook still points to a business growing very slowly. (Dropbox, The Motley Fool)
AI expansion is already weighing on profitability: non-GAAP gross margin fell to 81.6% from 82.2%, with compute costs cited as a factor, and management expects modest sequential declines in average revenue per user for the rest of 2026. That could limit the returns from new features if they do not lift subscriptions or pricing. (Dropbox, The Motley Fool)
Dropbox faces rivals that can bundle storage and AI into broader productivity suites, including Google and Microsoft. Its own smart Dropbox rollout was still being tested with selected customers in Q2, so it has yet to show that it can turn its AI plans into a durable competitive edge or meaningful revenue. (The Next Web, The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 19 Oct 2026.
Dropbox Financial Performance
Revenues and expenses
Dropbox Earnings Performance
Company profitability
Upcoming events
No upcoming events
Dropbox News
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Funds containing Dropbox
Fund name | Fund size | $DBX weighting |
|---|---|---|
iShares Digitalisation$DGTL | $823M | 0.20% |
iShares Digitalisation£DGIT | $823M | 0.20% |
SPDR S&P 400 US Mid Cap$SPY4 | $5.9B | 0.14% |
SPDR S&P 400 US Mid Cap£SPX4 | $5.9B | 0.14% |
iShares World Equity High Income Active£WINC | $685M | 0.12% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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