NASDAQ:DBX
Dropbox, Inc.
Dropbox, Inc.'s revenue fell 1.1% in fiscal 2025 to $2.5B while operating margin rose to 27.3%, its highest in 10 years. Free cash flow was $930.8M, 36.9% of revenue, and the diluted share count fell 15.6%.Summary generated from Dropbox, Inc.'s SEC filings. Latest annual report filed Feb 20, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.5B
Revenue growth−1.1%
Revenue, 5-yr CAGR+5.7%
Gross margin80.1%
Operating margin27.3%
Net margin20.2%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flow$930.8M
FCF margin36.9%
Share count change−15.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 2,158 | 2,325 | 2,502 | 2,548 | 2,521 |
| Operating income | 274 | 181 | 539 | 486 | 689 |
| Net income | 336 | 553 | 454 | 452 | 508 |
| Free cash flow | 708 | 764 | 759 | 872 | 931 |
Recent filings
- 4Insider transaction report
Oct 5, 2026 - 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 7, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KEntry into a material agreement
Jun 1, 2026 - 8-KResults of a shareholder vote
May 26, 2026 - 8-KDirector or officer change
May 26, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 8, 2026