DROPBOX, INC. DBX
DROPBOX, INC. financials (annual)
Bars are annual figures from 2017 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | $2.5B | $2.3B | $2.2B | $1.9B | $1.7B | $1.4B | $1.1B |
| Gross profit | $2.0B | $2.1B | $2.0B | $1.9B | $1.7B | $1.5B | $1.3B | $997.0M | $737.9M |
| R&D expense | $732.0M | $914.9M | $936.5M | $891.9M | $755.9M | $727.5M | $662.1M | $768.2M | $380.3M |
| Operating income | $689.1M | $486.2M | $538.7M | $181.3M | $274.4M | -$277.0M | -$80.5M | -$494.0M | -$113.7M |
| Income tax | $109.2M | $57.5M | $100.8M | -$360.5M | -$36.5M | $6.1M | $700,000 | $4.8M | $200,000 |
| Net income | $508.4M | $452.3M | $453.6M | $553.2M | $335.8M | -$256.3M | -$52.7M | -$484.9M | -$111.7M |
| EPS (diluted) | $1.86 | $1.40 | $1.31 | $1.52 | $0.85 | $-0.62 | $-0.13 | — | — |
| Operating cash flow | $951.8M | $894.1M | $783.7M | $797.3M | $729.8M | $570.8M | $528.5M | $425.4M | $330.3M |
| Free cash flow | $930.8M | $871.6M | $759.4M | $763.5M | $707.7M | $490.7M | $392.4M | $362.4M | $305.0M |
| Cash & equivalents | $891.3M | $1.3B | $614.9M | $232.8M | $533.0M | $314.9M | $551.3M | $519.3M | $430.0M |
| Total assets | $2.8B | $3.3B | $3.0B | $3.1B | $3.1B | $2.4B | $2.7B | $1.7B | $1.0B |
| Total liabilities | $4.6B | $4.1B | $3.1B | $3.4B | $3.4B | $2.1B | $1.9B | $1.0B | $917.0M |
| Shareholders' equity | -$1.8B | -$752.4M | -$165.8M | -$309.4M | -$293.9M | $333.8M | $808.4M | $676.8M | $102.9M |
Growth · year-over-year · Revenue CAGR 10.8%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -1.1% | +1.9% | +7.6% | +7.7% | +12.7% | +15.2% | +19.4% | +25.7% | — |
| Net income growth | +12.4% | -0.3% | -18.0% | +64.7% | — | — | — | — | — |
| EPS growth | +32.9% | +6.9% | -13.8% | +78.8% | — | — | — | — | — |
| Free cash flow growth | +6.8% | +14.8% | -0.5% | +7.9% | +44.2% | +25.1% | +8.3% | +18.8% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.