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

34.96 0.68 −1.91%
Market cap
$7.6B
P/E
19.2×
Fwd P/E
20.7×
Dividend yield
—
F-score
7/9
Altman Z
0.48
Beneish M
−3.07
Dividend safety
n/a

Dropbox, Inc. (DBX) Revenue growth

Alert me on Revenue growth

Dropbox, Inc.'s revenue growth over the twelve months to 30 June 2026 was −0.05%, up 1.0 percentage points from fiscal 2025 (−1.07%). Over the past ten years it has ranged from −28.5% (fiscal 2015) to 39.9% (fiscal 2016); the current reading is higher than 18% of that period. That is below the Software Infrastructure industry median of 13.6% and below the Technology sector median of 11.8%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −1.07% (2.93)
FY2024 1.86% (5.74)
FY2023 7.60% (0.14)
FY2022 7.74% (5.01)
FY2021 12.8% (2.45)
FY2020 15.2% (4.17)
FY2019 19.4% (6.37)
FY2018 25.7% (5.27)
FY2017 31.0% (8.90)
FY2016 39.9% 68.44

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 0.93% 0.16
Mar 2026 0.77% 1.92
Dec 2025 −1.15% (0.46)
Sep 2025 −0.69% 0.70
34 more quarters

Against its own ten years

Low −28.5% High 39.9%
Ten-year median 12.8%
Current reading's percentile 18

Revenue growth against peers

Company Revenue growth
ZETA Zeta Global Holdings Corp. compare 35.9%
GTLB GitLab Inc. compare 23.0%
S SentinelOne, Inc. compare 21.1%
PATH UiPath, Inc. compare 15.0%
QLYS Qualys, Inc. compare 10.4%
DOX Amdocs Limited compare 0.14%
DBX Dropbox, Inc. −0.05%
NTSK Netskope Inc. compare —
PAYP PayPay Corporation compare —
Software Infrastructure industry median 13.6%
Technology sector median 11.8%
Market median 7.40%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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