stockrowDropbox, Inc.
DBX Technology Software Infrastructure
Dropbox, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, down 1.07% from fiscal 2024.
- Revenue
- +0.93%
- EPS
- −6.52%
- Free cash flow
- −10.3%
- Total debt
- +35.3%
Quarter to June 2026, against a year earlier
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Dropbox, Inc. (DBX) Free cash flow
Dropbox, Inc.'s free cash flow for fiscal 2025 was $930.4M, up 6.77% from $871.4M in fiscal 2024. Over the twelve months to 30 June 2026 it was $953.8M. Over the past ten years it has ranged from −$68.5M (fiscal 2015) to $930.4M (fiscal 2025) — the current reading is the highest in ten years. Dropbox, Inc. ranks 17th of 172 Software Infrastructure companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $930.4M | 6.77% |
| FY2024 | $871.4M | 14.79% |
| FY2023 | $759.1M | (0.43%) |
| FY2022 | $762.4M | 8.77% |
| FY2021 | $700.9M | 42.90% |
| FY2020 | $490.5M | 25.54% |
| FY2019 | $390.7M | 8.71% |
| FY2018 | $359.4M | 18.15% |
| FY2017 | $304.2M | 136.00% |
| FY2016 | $128.9M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $231.9M | 14.07% |
| Mar 2026 | $203.3M | (9.60%) |
| Dec 2025 | $224.9M | (23.43%) |
| Sep 2025 | $293.7M | 13.62% |
| 36 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| DBX Dropbox, Inc. | $953.8M |
| DOX Amdocs Limited compare | $638.8M |
| PATH UiPath, Inc. compare | $363.0M |
| QLYS Qualys, Inc. compare | $314.0M |
| GTLB GitLab Inc. compare | $213.7M |
| ZETA Zeta Global Holdings Corp. compare | $202.0M |
| S SentinelOne, Inc. compare | $30.9M |
| NTSK Netskope Inc. compare | −$74.7M |
| PAYP PayPay Corporation compare | — |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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