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Also trades as: 0SGO.L (LSE) · $vol 0M

DBX NASDAQ

Dropbox, Inc.
1W: +1.6% 1M: +15.7% 3M: +10.8% YTD: +37.1% 1Y: +25.8% 3Y: +38.4% 5Y: +22.2%
$36.93
-0.80 (-2.12%)
 
Weekly Expected Move ±3.9%
$35 $36 $38 $39 $41
NASDAQ · Technology · Software - Infrastructure · Tech Score Strong Buy · Power 71 · $8.0B mcap · 131M float · 3.03% daily turnover · Short 69% of daily vol
Credit Risk of going bust: lower than 54% of companies Debt: 33.1% of company value Bonds: $38.0M held by 19 funds → details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.11 (down 97%), Dropbox, Inc. would be worth roughly what it owes.
Total debt $3.98B against a stock market value of $8.03B.
Distance to default 5.53 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.66B (short-term plus half of long-term), stock volatility 37.9%; Altman Z'' -3.21. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue
$2.5B -1.1% ▼
5Y CAGR: +5.7%
Gross Profit
$2.0B -3.9% ▼
5Y CAGR: +6.1%
Operating Income
$692M +42.2% ▲
Net Income
$508M +12.4% ▲
EPS (Diluted)
$1.86 +32.9% ▲
EBITDA
$890M +42.7% ▲
5Y CAGR: +26.0%

Profit Margins

Year-over-Year Growth

View Full Income Statement
Line ItemFY2021FY2022FY2023FY2024FY2025
Revenue$2.2B$2.3B$2.5B$2.5B$2.5B
YoY Growth+12.7%+7.7%+7.6%+1.9%-1.1%
Cost of Revenue$444M$444M$478M$445M$501M
Gross Profit$1.7B$1.9B$2.0B$2.1B$2.0B
Gross Margin79.4%80.9%80.9%82.5%80.1%
R&D Expenses$756M$892M$936M$915M$732M
SG&A Expenses$652M$632M$703M$702M$600M
Operating Expenses$1.4B$1.7B$1.5B$1.6B$1.3B
Operating Income$274M$181M$539M$486M$692M
Operating Margin12.7%7.8%21.5%19.1%27.4%
Interest Expense$13M$12M$0$25M$115M
Income Before Tax$299M$193M$554M$510M$618M
Tax Expense-$36M-$360M$101M$58M$109M
Net Income$336M$553M$454M$452M$508M
Net Margin15.6%23.8%18.1%17.7%20.2%
EPS (Diluted)$0.85$1.52$1.31$1.40$1.86
EBITDA$457M$514M$554M$624M$890M
Shares Outstanding396M363M346M323M273M

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms