Dropbox Financials

DBX Stock  USD 27.06  0.13  0.48%   
Based on the key measurements obtained from Dropbox's financial statements, Dropbox is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in August. At this time, Dropbox's Intangible Assets are fairly stable compared to the past year. Capital Lease Obligations is likely to rise to about 725.4 M in 2025, whereas Total Assets are likely to drop slightly above 2.5 B in 2025. Key indicators impacting Dropbox's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.921.4357
Way Down
Slightly volatile
Investors should never underestimate Dropbox's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Dropbox's cash flow, debt, and profitability to make informed and accurate decisions about investing in Dropbox.

Net Income

474.92 Million

  
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Understanding current and past Dropbox Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dropbox's financial statements are interrelated, with each one affecting the others. For example, an increase in Dropbox's assets may result in an increase in income on the income statement.

Dropbox Earnings Geography

Please note, the imprecision that can be found in Dropbox's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dropbox. Check Dropbox's Beneish M Score to see the likelihood of Dropbox's management manipulating its earnings.

Dropbox Stock Summary

Dropbox competes with Box, Godaddy, F5 Networks, Gen Digital, and CCC Intelligent. Dropbox, Inc. provides a content collaboration platform worldwide. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. Dropbox operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 2667 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS26210C1045
CUSIP26210C104
LocationCalifornia; U.S.A
Business Address1800 Owens Street,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.dropbox.com
Phone415 930 7766
CurrencyUSD - US Dollar

Dropbox Key Financial Ratios

Dropbox Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.4B3.1B3.1B3.0B3.3B2.5B
Other Current Liab(3.9M)3.8M11.5M204.1M189.2M103.6M
Other Liab25.9M34.4M39.4M112.1M100.9M55.6M
Net Tangible Assets526.5M63.4M(704.1M)(801M)(720.9M)(684.9M)
Net Debt804.6M1.8B2.1B1.4B1.7B1.8B
Retained Earnings(2.2B)(2.7B)(2.8B)(2.7B)(3.1B)(3.3B)
Accounts Payable18.7M25.7M38.6M38.5M36.5M32.6M
Cash314.9M533M232.8M614.9M1.3B1.4B
Other Assets553M95.4M559.7M1.01.151.09
Net Receivables43.4M49.6M53.8M68.7M70.4M48.0M
Good Will236.9M356.6M403.3M402.2M442.8M271.0M
Long Term Debt Total89.9M138.2M1.4B1.4B1.6B1.7B
Capital Surpluse2.5B2.6B2.4B2.5B2.9B1.9B
Other Current Assets125.6M164.2M92.6M91.9M73.8M105.4M
Total Liab2.1B3.4B3.4B3.1B4.1B2.4B
Total Current Assets1.2B1.8B1.5B1.5B1.7B1.3B
Short Term Debt313.2M376.6M397.4M367.4M198.2M230.4M
Intangible Assets33.5M53.6M88.3M58.1M54.9M57.3M
Net Invested Capital333.8M1.1B1.1B1.2B1.6B861.0M
Net Working Capital139.7M674M293.3M315.1M527.6M320.4M

Dropbox Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202020212022202320242025 (projected)
Tax Provision6.1M(36.5M)(360.5M)(350.9M)57.5M60.4M
Interest Income7.1M11.7M3.3M19.4M13.9M13.0M
Interest Expense10.8M12.7M3.3M15.2M13.9M8.1M
Total Revenue1.9B2.2B2.3B2.5B2.5B1.9B
Gross Profit1.5B1.7B1.9B2.0B2.1B1.4B
Operating Income(277M)274.4M181.3M538.7M486.2M510.5M
Ebit121.2M305.7M356.5M383.5M486.3M510.6M
Research Development727.5M755.9M891.9M936.5M914.9M718.1M
Ebitda280.5M457.1M513.6M553.5M623.6M654.8M
Cost Of Revenue411M414.6M444.2M478.5M445.1M461.9M
Income Before Tax(250.2M)299.3M192.7M554.4M509.8M535.3M
Net Income(256.3M)335.8M553.2M453.6M452.3M474.9M
Income Tax Expense6.1M(36.5M)(360.5M)100.8M57.5M60.4M
Net Interest Income1.7M(5.2M)3.3M16.1M13.9M14.6M

Dropbox Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Dropbox. It measures of how well Dropbox is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Dropbox brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Dropbox had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Dropbox has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
202020212022202320242025 (projected)
Investments(170.6M)(396.1M)(48.5M)312.1M443.8M466.0M
Change In Cash(236.4M)218.1M(300.2M)382.1M745.6M782.9M
Net Borrowings(92.9M)145.8M1.0B105.8M121.7M96.5M
Free Cash Flow490.5M700.9M762.4M759.1M871.6M516.9M
Depreciation159.3M151.4M157.1M170M137.3M131.1M
Other Non Cash Items21.8M(13.9M)252.5M(74.8M)60M30.5M
Capital Expenditures80.3M28.9M34.9M24.6M22.5M21.4M
Net Income(256.3M)335.8M553.2M453.6M452.3M474.9M
End Period Cash Flow314.9M533M232.8M614.9M1.4B1.4B
Change To Netincome244.6M657.1M300.4M108.8M125.1M118.9M

Dropbox Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dropbox's current stock value. Our valuation model uses many indicators to compare Dropbox value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dropbox competition to find correlations between indicators driving Dropbox's intrinsic value. More Info.
Dropbox is rated below average in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about  0.74  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Dropbox is roughly  1.35 . At this time, Dropbox's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dropbox's earnings, one of the primary drivers of an investment's value.

Dropbox's Earnings Breakdown by Geography

Dropbox Systematic Risk

Dropbox's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dropbox volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Dropbox correlated with the market. If Beta is less than 0 Dropbox generally moves in the opposite direction as compared to the market. If Dropbox Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dropbox is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dropbox is generally in the same direction as the market. If Beta > 1 Dropbox moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Dropbox Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dropbox's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Dropbox growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.28

At this time, Dropbox's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Dropbox July 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dropbox help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dropbox. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dropbox based on widely used predictive technical indicators. In general, we focus on analyzing Dropbox Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dropbox's daily price indicators and compare them against related drivers.

Additional Tools for Dropbox Stock Analysis

When running Dropbox's price analysis, check to measure Dropbox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dropbox is operating at the current time. Most of Dropbox's value examination focuses on studying past and present price action to predict the probability of Dropbox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dropbox's price. Additionally, you may evaluate how the addition of Dropbox to your portfolios can decrease your overall portfolio volatility.