Skip to main content
    D

    Dropbox Inc (DBX)

    Official site

    TECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NASDAQ

    $36.54
    +0.92 (+2.58%)

    Market Cap: $7.75B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    97%(33/34)
    Avg Surprise
    +22.33%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.73
    Range$0.69 - $0.79
    7 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.78-7.2%
    60d ago$0.78-7.2%
    30d ago$0.73-0.6%
    7d ago$0.73-0.6%
    Current$0.73
    Revenue Consensus
    $629M
    Range$628M - $630M
    6 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.90
    Range$0.78 - $1.01
    7 analysts
    Revenue Consensus
    $643M
    Range$639M - $647M
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.90---
    Sep 26EST
    -$0.73---
    Jun 26
    Reported Aug 6
    $0.42$0.48-12.50%Miss-14.3%
    Mar 26
    Reported May 7
    $0.76$0.70+8.57%Beat+8.6%
    Dec 25
    Reported Feb 19
    $0.68$0.67+1.49%Beat-6.8%
    Sep 25
    Reported Nov 6
    $0.74$0.65+13.85%Beat+23.3%
    Jun 25
    Reported Aug 7
    $0.49$0.41+19.51%Beat-18.3%
    Mar 25
    Reported May 8
    $0.70$0.62+12.90%Beat+20.7%
    Dec 24
    Reported Feb 20
    $0.73$0.62+16.82%Beat+46.0%
    Sep 24
    Reported Nov 7
    $0.60$0.53+13.21%Beat+7.1%
    Jun 24
    Reported Aug 8
    $0.60$0.52+15.38%Beat+17.6%
    Mar 24
    Reported May 9
    $0.58$0.50+16.00%Beat+38.1%
    Dec 23
    Reported Feb 15
    $0.50$0.48+4.17%Beat+25.0%
    Sep 23
    Reported Nov 2
    $0.56$0.49+14.29%Beat+30.2%
    Jun 23
    Reported Aug 3
    $0.51$0.45+13.33%Beat+34.2%
    Mar 23
    Reported May 4
    $0.42$0.36+16.67%Beat+10.5%
    Dec 22
    Reported Feb 16
    $0.40$0.39+2.56%Beat-2.4%
    Sep 22
    Reported Nov 3
    $0.43$0.38+13.16%Beat+16.2%
    Jun 22
    Reported Aug 4
    $0.38$0.37+2.70%Beat-5.0%
    Mar 22
    Reported May 5
    $0.38$0.38+0.00%Beat+8.6%
    Dec 21
    Reported Feb 17
    $0.41$0.36+13.89%Beat+46.4%
    Sep 21
    Reported Nov 4
    $0.37$0.35+5.71%Beat+42.3%
    Jun 21
    Reported Aug 5
    $0.40$0.33+21.21%Beat+81.8%
    Mar 21
    Reported May 6
    $0.35$0.30+16.67%Beat+105.9%
    Dec 20
    Reported Feb 18
    $0.28$0.24+16.67%Beat+75.0%
    Sep 20
    Reported Nov 5
    $0.26$0.19+36.84%Beat+100.0%
    Jun 20
    Reported Aug 6
    $0.22$0.17+29.41%Beat+120.0%
    Mar 20
    Reported May 7
    $0.17$0.13+30.77%Beat+70.0%
    Dec 19
    Reported Feb 20
    $0.16$0.14+14.29%Beat+60.0%
    Sep 19
    Reported Nov 7
    $0.13$0.11+18.18%Beat+18.2%
    Jun 19
    Reported Aug 8
    $0.10$0.08+25.00%Beat-9.1%
    Mar 19
    Reported May 9
    $0.10$0.06+66.67%Beat+25.0%
    Dec 18
    Reported Feb 21
    $0.10$0.08+25.00%Beat+350.0%
    Sep 18
    Reported Nov 8
    $0.11$0.06+83.33%Beat+257.1%
    Jun 18
    Reported Aug 9
    $0.11$0.06+83.33%Beat-
    Mar 18
    Reported May 10
    $0.08$0.04+100.00%Beat-
    Dec 17
    Reported Mar 20
    $-0.04$0.00N/AMiss-
    Sep 17
    Reported Oct 11
    $-0.07$0.00N/AMiss-

    Key Metrics

    Valuation
    P/E Ratio14.05EV/EBITDA12.01x
    Price/FCF8.58xFCF Yield11.65%
    Profitability
    Profit Margin17.50%Operating Margin26.10%
    ROE16.80%ROIC43.14%
    Financial Health
    Debt/Equity-1.58xInterest CoverageN/A
    Current Ratio1.07xQuick Ratio1.07x
    Trading Statistics
    Beta0.63Avg Volume4.38M
    52-Week High$38.1752-Week Low$21.70

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$34.62
    SMA 20$34.22
    SMA 50$34.72
    SMA 200$28.48
    EMA 10$34.95
    EMA 20$34.67
    EMA 50$33.95
    EMA 200$30.30

    MACD

    Line: 0.26Signal: -0.02Hist: 0.28

    ADX

    ADX: 14.9+DI: 30.8-DI: 18.6

    Aroon & PSAR

    Aroon Up12.0
    Aroon Down48.0
    PSAR$31.95

    Bollinger Bands

    Upper Band$36.88
    Lower Band$31.56
    %B Position1554%(Upper)
    Band Width0.94

    RSI (14-Day)

    Neutral
    62.0

    Momentum Oscillators

    Stoch %K95.9
    Stoch %D90.9
    Williams %R-4.1
    ROC (10d)7.2%
    Momentum2.46
    CCI (20d)137.4
    MFI (14d)77.4

    Volatility Measures

    ATR (14d)$1.13(3.1%)
    StdDev (20d)1.33
    Hist Vol40.1%(High)

    Volume Flow

    VWAP$36.37
    OBV47.1M
    AD Line52.1M
    CMF (20d)0.003

    Volume Metrics

    Avg Vol (20d)4.4M
    Vol Ratio0.6x
    VWMA (20d)$34.14

    Pivot Points

    R3$36.72
    R2$36.27
    R1$35.94
    Pivot Point$35.49
    S1$35.16
    S2$34.71
    S3$34.38

    Advanced Oscillators

    TSI5.20
    Ultimate Osc63.8
    KST-21.85

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$631.50M$629.50M$636.20M$634.40M$625.70M$624.70M$643.60M$638.80M$634.50M$631.30M$635.00M$633.00M
    Cost of Revenue$125.00M$128.10M$132.10M$128.30M$123.70M$116.70M$120.80M$111.50M$107.00M$105.80M$122.00M$119.60M
    Gross Profit$506.50M$501.40M$504.10M$506.10M$502.00M$508.00M$522.80M$527.30M$527.50M$525.50M$513.00M$513.40M
    Operating Expenses$341.70M$328.60M$341.90M$331.40M$333.60M$324.20M$434.90M$399.50M$400.50M$382.00M$245.60M$382.70M
    R&D$188.10M$184.20M$186.90M$182.30M$184.40M$178.40M$243.00M$225.70M$227.10M$219.10M$222.10M$216.40M
    SG&A$63.80M$57.50M$60.30M$57.60M$58.80M$53.80M$62.90M$63.30M$60.90M$54.10M$61.30M$60.00M
    Operating Income$164.80M$172.80M$162.20M$174.70M$168.40M$183.80M$87.90M$127.80M$127.00M$143.50M$267.40M$130.70M
    Interest Income$-50,000,000$-36,700,000$-25,100,000$-20,300,000$-18,600,000$-14,600,000$-1,900,000$3.80M$4.70M$7.30M$6.80M$5.00M
    Interest Expense$47.10M$31.40M$19.10M$17.50M$20.60M$14.30M$0$0$0$0$0$0
    Income Before Tax$117.70M$141.40M$143.10M$157.20M$147.80M$169.50M$92.40M$132.70M$133.60M$151.10M$272.30M$135.50M
    Income Tax Expense$21.90M$26.90M$34.40M$33.40M$22.20M$19.20M$-10,400,000$26.00M$23.10M$18.80M$45.00M$21.40M
    Net Income$95.80M$114.50M$108.70M$123.80M$125.60M$150.30M$102.80M$106.70M$110.50M$132.30M$227.30M$114.10M
    EBITDA$214.40M$226.50M$217.50M$225.70M$214.60M$231.70M$141.60M$173.00M$169.70M$183.80M$317.90M$182.80M
    EBIT$167.70M$178.10M$168.20M$177.50M$166.40M$184.10M$94.30M$128.90M$128.90M$143.80M$265.50M$130.50M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about DBX

    News

    DBX Valuation and Fair Value

    P/E
    14.1x
    Forward P/E
    10.8x
    EV/EBITDA
    12.0x
    P/FCF
    8.6x
    PEG
    27.1x
    P/B
    -3.8x
    See GNG's fair value

    DBX Profitability: Margins, ROIC and FCF

    Gross margin
    79.7%
    Operating margin
    26.1%
    Net margin
    17.5%
    ROIC
    43.1%
    ROE
    16.8%
    FCF margin
    37.8%
    FCF yield
    11.7%

    DBX Analyst Ratings

    Consensus
    Hold
    Analysts
    8
    Strong Buy
    1
    Buy
    0
    Hold
    4
    Sell
    2
    Strong Sell
    1

    DBX Bull Case vs Bear Case

    Bull case

    • DBX earns a 43.1% return on invested capital.
    • DBX converts 37.8% of revenue into free cash flow.
    • DBX beat EPS estimates in 87.5% of its last 8 reported quarters.

    Bear case

    • 37.5% of DBX's analyst ratings are Sell or Strong Sell.

    DBX Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    9.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.73
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    Frequently Asked Questions About DBX

    Does DBX pay dividends?

    Dropbox Inc (DBX) does not currently pay a regular dividend.

    What is DBX's P/E ratio?

    Dropbox Inc has a price-to-earnings (P/E) ratio of 14.05.

    What is DBX's market cap?

    Dropbox Inc (DBX) has a market capitalization of $7.75B with a current stock price of $36.54.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.