Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Dropbox, Inc. (DBX)
Price$34.83Cached quote
Net income
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $2.55B | $2.50B | $2.32B | $2.16B | $1.91B | $1.66B | $1.39B | $1.11B | $844.8M |
| Gross profit | $2.02B | $2.10B | $2.02B | $1.88B | $1.71B | $1.50B | $1.25B | $997.0M | $737.9M | $454.2M |
| Gross margin | 80.13% | 82.53% | 80.87% | 80.89% | 79.42% | 78.34% | 75.26% | 71.64% | 66.67% | 53.76% |
| Research & development | $732.0M | $914.9M | $936.5M | $891.9M | $755.9M | $727.5M | $662.1M | $768.2M | $380.3M | $289.7M |
| Operating expenses | $1.33B | $1.62B | $1.48B | $1.70B | $1.44B | $1.78B | $1.33B | $1.49B | $851.6M | $647.7M |
| Operating income | $689.1M | $486.2M | $538.7M | $181.3M | $274.4M | −$277.0M | −$80.5M | −$494.0M | −$113.7M | −$193.5M |
| Operating margin | 27.33% | 19.08% | 21.53% | 7.80% | 12.72% | −14.47% | −4.85% | −35.50% | −10.27% | −22.90% |
| EBITDA | $846.6M | $623.3M | $708.8M | $338.5M | $425.7M | −$117.8M | $93.0M | −$329.3M | $67.5M | −$2.4M |
| EBITDA margin | 33.58% | 24.46% | 28.33% | 14.56% | 19.73% | −6.15% | 5.60% | −23.66% | 6.10% | −0.28% |
| Net income | $508.4M | $452.3M | $453.6M | $553.2M | $335.8M | −$256.3M | −$52.7M | −$484.9M | −$111.7M | −$210.2M |
| Net profit margin | 20.17% | 17.75% | 18.13% | 23.79% | 15.56% | −13.39% | −3.17% | −34.84% | −10.09% | −24.88% |
| Basic EPSper basic share | $1.89 | $1.42 | $1.33 | $1.53 | $0.87 | -$0.62 | -$0.13 | -$1.35 | -$0.57 | -$1.11 |
| Diluted EPSper diluted share | $1.86 | $1.40 | $1.31 | $1.52 | $0.85 | -$0.62 | -$0.13 | -$1.35 | -$0.57 | -$1.11 |
Owners
Reported shareholders
12.77%of listed shares
BlackRock, Inc.18.45M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 12.77%18.45M shares |
LSV ASSET MANAGEMENT | 7.97%11.52M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 7.32%10.58M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 5.43%7.84M shares |
RENAISSANCE TECHNOLOGIES LLC | 4.99%7.21M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.53%6.54M shares |
ACADIAN ASSET MANAGEMENT LLC | 4.20%6.06M shares |
MORGAN STANLEY | 3.82%5.52M shares |
STATE STREET CORP | 3.70%5.34M shares |
GEODE CAPITAL MANAGEMENT, LLC | 3.24%4.68M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 3.02%4.36M shares |
ROYAL BANK OF CANADA | 2.83%4.09M shares |
TWO SIGMA INVESTMENTS, LP | 2.74%3.96M shares |
GOLDMAN SACHS GROUP INC | 2.54%3.66M shares |
Allianz Asset Management GmbH | 2.47%3.56M shares |
Robeco Institutional Asset Management B.V. | 2.18%3.14M shares |
UBS Group AG | 2.14%3.1M shares |
WEDGE CAPITAL MANAGEMENT L L P/NC | 2.08%3.01M shares |
DIMENSIONAL FUND ADVISORS LP | 1.94%2.81M shares |
BARCLAYS PLC | 1.61%2.33M shares |
Percentages use 144.5M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 · 10b5-1 | Schubach Sarah ElizabethChief Accounting Officer | SellClass A Common Stock | 1.3K | $26.90 | $35.1K | 128.5K |
| Jun 2, 2026Form 4 | Alkarmi AshrafCo-CEO | SellClass A Common Stock | 22.7K | $27.86 | $632.4K | 1.08M |
| Jun 1, 2026Form 4 · 10b5-1 | Schubach Sarah ElizabethChief Accounting Officer | SellClass A Common Stock | 1.3K | $27.66 | $36.1K | 129.8K |
| May 19, 2026Form 4 · 10b5-1 | Schubach Sarah ElizabethChief Accounting Officer | SellClass A Common Stock | 1.3K | $28.14 | $36.8K | 131.1K |
| May 18, 2026Form 4 · 10b5-1 | Moore Andrew WilliamDirector | SellClass A Common Stock | 4.7K | $27.80 | $131.7K | 0 |