Dropbox, Inc. (DBX) stock
Close on Nov 11, 2026Market cap $7.48BP/E 17.9Yield –
Dropbox, Inc. grew revenue 0.2% to $2.53B over the twelve months to Sep 30, 2026. Operating income rose 9.8% to $675.00M, moving the operating margin from 24.3% to 26.6%. Free cash flow was $915.20M, down 0.1% from a year earlier. At the latest close the market valued the company at $7.48B, 17.9 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $7.48B
- P/E ratio
- 17.9
- Price to sales
- 2.95
- Price to book
- –
- Dividend yield
- –
- Free cash flow yield
- 12.23%
Fundamentals
- Revenue
- $2.53B
- Net income
- $435.10M
- EPS, diluted
- $1.85
- Free cash flow
- $915.20M
- Book value per share
- -$9.72
- Diluted shares
- 225M
Trading
- Next earnings
- Feb 18, 2027 (estimated, after the close)
- Previous close
- $32.40
- Open
- $32.47
- Day's range
- $32.18 – $33.26
- Volume
- 6,334,141
- Average volume (20 days)
- 4,873,543
- Index membership
- S&P MidCap 400 (since Aug 2023), Russell 1000, Russell 3000
- Beta (5 years)
- 0.93
- 52-week range
- $21.70 – $38.22
- RSI (14 days)
- 39.0
- Volatility (1 year)
- 38.1%
- Relative volume
- 1.50×
- WACC
- 9.5%
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Index membership is inferred from the holdings of funds that track each index (IJH, SPMD, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2018, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | DBX | S&P 500 | Difference | DBX per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -3.5% | -2.4% | −1.1 pts | ||
| 3 months | -2.7% | -1.2% | −1.5 pts | ||
| Year to date | +19.3% | +12.3% | +7.0 pts | ||
| 1 year | +6.6% | +12.4% | −5.8 pts | ||
| 3 years | +24.6% | +78.8% | −54.2 pts | +7.6% | +21.4% |
| 5 years | +23.5% | +75.2% | −51.7 pts | +4.3% | +11.9% |
| 10 years | +143.5% | +311.1% | −167.6 pts | +9.3% | +15.2% |
Eleven years at a glance
Fiscal years 2015 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Dropbox filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Update
- Update
- Results
About Dropbox
Services-Prepackaged Software
Dropbox provides a cloud-based platform designed to organize content, streamline workflows, and facilitate digital collaboration. Its core offering serves as a centralized digital workspace for creating, storing, accessing, and sharing files. The platform includes tools such as Dropbox Paper for real-time document co-authoring, Dropbox Backup for automated cloud syncing, Dropbox Sign for electronic signatures, and DocSend for secure document tracking and analytics. In addition, it offers AI-powered features such as Dropbox Dash for universal cross-application search and Reclaim for automated task and schedule coordination. Dropbox delivers its services via free and paid subscription plans, which include personal tiers and business tiers. Its customer base ranges from individuals, families, and freelancers to small businesses and large enterprises across numerous industries.
Company profile, executives and historyDropbox stock: common questions
What is Dropbox's stock price?
DBX closed at $33.16 on Nov 11, 2026, up 2.35% on the day. Over the past 52 weeks it traded between $21.70 and $38.22.
What is Dropbox's market cap?
Dropbox was worth $7.48B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is DBX's P/E ratio?
DBX trades at 17.9 times earnings, based on diluted earnings per share of $1.85 over the twelve months to Sep 30, 2026.
How much revenue does Dropbox make?
Dropbox reported revenue of $2.53B for the twelve months to Sep 30, 2026, up 0.2% from a year earlier.
Does Dropbox pay a dividend?
No. Dropbox has not paid a cash dividend over the last twelve months.
When does Dropbox report earnings next?
Dropbox is expected to report Q4 FY2026 results on Feb 18, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has DBX stock performed over the past year?
Including dividends, DBX returned +6.6% over the past year, against +12.4% for the S&P 500.
How many DBX shares are sold short?
24M shares were sold short at the latest FINRA report, 17.79% of the float, or 8.6 days of average trading volume.
Who are Dropbox's competitors?
Companies most similar to Dropbox by business, industry and size include DOCU, BOX, NET, PTC, MDB.
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