Dropbox, 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) P/B ratio
Dropbox, Inc. has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 34.8× (March 2021) — the current reading is the lowest in ten years.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 27.5× | 202.03% |
| FY2019 | 9.1× | (15.76%) |
| FY2018 | 10.8× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 34 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| DBX Dropbox, Inc. | n/m |
| DOX Amdocs Limited compare | 1.9× |
| PATH UiPath, Inc. compare | 3.5× |
| PAYP PayPay Corporation compare | 3.5× |
| S SentinelOne, Inc. compare | 5.4× |
| ZETA Zeta Global Holdings Corp. compare | 8.2× |
| GTLB GitLab Inc. compare | 9.1× |
| QLYS Qualys, Inc. compare | 13.1× |
| NTSK Netskope Inc. compare | 56.6× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
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