Dropbox, Inc. (DBX) stock

DBXNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 11/3029% below fair value

$33.51+0.35 (+1.06%)

Close on Nov 12, 2026Market cap $7.56BP/E 18.1Yield –

Dropbox statistics

91 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 18, 2027 (estimated, after the close)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $7.48B; $808.04M
Enterprise Value: $6.34B; $765.06M
PE Ratio: 17.92; 26.48
PS Ratio: 2.95; 2.32
P/FCF Ratio: 8.18; 15.56
P/OCF Ratio: 7.98; 13.48

Enterprise valuationIndustry

EV / Sales: 2.50; 2.10
EV / EBITDA: 9.40; 16.24
EV / EBIT: 9.40; 21.01
EV / FCF: 6.93; 15.23

Share statisticsIndustry

Shares Outstanding: 226M; 58M
Shares Change (YoY): -18.0%; 1.97%
Float: 136M; 53M
Shares Held by Insiders: 39.7%; 13.2%
Shares Held by Institutions: 80.3%; 62.8%

Short sellingIndustry

Short Interest: 24M; –
Short Interest Change: 5.66%; -3.30%
Short % of Float: 17.8%; 5.81%
Short % of Shares Outstanding: 10.7%; 4.22%
Days to Cover: 8.62; 3.54

Stock price statisticsIndustry

52-Week High: $38.22; –
52-Week Low: $21.70; –
20-Day Moving Average: $35.76; –
50-Day Moving Average: $35.15; –
200-Day Moving Average: $29.33; –
Average True Range (14): $1.22; –
Price Change (1 Week): -8.14%; -1.20%
Price Change (1 Month): -6.85%; -0.89%
Price Change (3 Months): -7.71%; -7.70%
Price Change (6 Months): 26.6%; 1.85%
Price Change (YTD): 19.3%; -12.4%
Price Change (1 Year): 8.54%; -13.6%
Price Change (3 Years): 22.7%; -11.8%
Price Change (5 Years): 22.9%; -55.9%
Average Volume (10 Days): 7M; –
Average Volume (20 Days): 5M; –
Average Volume (90 Days): 4M; –
Relative Volume: 1.50; 0.73
Relative Strength Index (14): 39.0; 49.4
Volatility (1 Year): 38.1%; 65.3%
Beta (5 Years): 0.93; 1.20

MarginsIndustry

Gross Margin: 79.9%; 56.0%
Operating Margin: 26.6%; -1.96%
Pretax Margin: 21.0%; -0.63%
Profit Margin: 17.2%; -2.33%
EBITDA Margin: 26.6%; 0.85%
FCF Margin: 36.1%; 9.88%

Returns on capitalIndustry

Return on Assets (ROA): 15.5%; -3.09%
Return on Capital Employed (ROCE): 41.4%; -0.55%

Financial positionIndustry

Current Ratio: 1.07; 1.37
Quick Ratio: 1.01; 0.93

GrowthIndustry

Revenue Growth (YoY): 0.24%; 9.46%
Net Income Growth (YoY): -13.4%; 9.41%
EPS Growth (YoY): 5.11%; 12.4%
FCF Growth (YoY): -0.13%; 14.5%
Revenue Growth (3Y CAGR): 2.74%; 7.44%
Revenue Growth (5Y CAGR): 5.66%; 12.3%
EPS Growth (3Y CAGR): 6.96%; 13.7%

EfficiencyIndustry

Asset Turnover: 0.90; 0.64
Revenue Per Employee: $1.20M; $394.08K
Profits Per Employee: $205.92K; -$6.57K
Employee Count: 2,113; 525
WACC: 9.54%; 10.2%

Income statement (TTM)Industry

Revenue: $2.53B; $257.79M
Gross Profit: $2.03B; $158.36M
Operating Income: $675.00M; -$578.69K
Pretax Income: $531.80M; -$294.07K
Net Income: $435.10M; -$301.07K
EBITDA: $675.00M; -$75.39K
EPS (Diluted): $1.85; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $1.14B; $41.64M
Net Cash (Debt): $1.14B; $1.79M
Net Cash Per Share: $5.06; $0.13
Equity (Book Value): -$2.19B; $51.00M
Book Value Per Share: -$9.69; $1.99
Tangible Book Value: -$2.67B; $2.78M
Working Capital: $81.90M; $14.99M

Cash flow (TTM)Industry

Operating Cash Flow: $937.60M; $5.65M
Capital Expenditures: -$22.40M; -$5.59M
Free Cash Flow: $915.20M; $35.58M
FCF Per Share: $4.05; $0.53

Dividends and yieldsIndustry

Earnings Yield: 5.81%; 0.37%
FCF Yield: 12.2%; 4.27%
Buyback Yield: 16.9%; 3.34%
Shareholder Yield: 16.9%; 3.67%

Taxes and interestIndustry

Income Tax: $96.70M; $1.62M
Effective Tax Rate: 18.2%; 22.3%

Scores and fair valueIndustry

Altman Z-Score: 0.62; 2.02
Piotroski F-Score: 6; 5
Lynch Fair Value: $12.88; –
Lynch Upside: -61.2%; -36.3%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 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	-3.9%	-2.7%	−1.2 pts
3 months	-0.4%	-1.7%	+1.4 pts
Year to date	+20.5%	+11.9%	+8.6 pts
1 year	+8.7%	+12.0%	−3.3 pts
3 years	+25.9%	+78.2%	−52.2 pts	+8.0%	+21.2%
5 years	+24.2%	+73.2%	−49.1 pts	+4.4%	+11.6%
10 years	+146.0%	+309.6%	−163.6 pts	+9.4%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

24M DBX shares were sold short on Oct 30, 2026, up 5.7% from the previous report, or 17.79% of the shares available to trade. At recent volumes it would take 8.6 days to buy them back. Over the last 20 sessions, 68.0% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	24,212,449	+5.7%	2,810,130	8.6
Oct 15, 2026	22,915,870	-7.4%	3,083,948	7.4
Sep 30, 2026	24,757,888	+10.4%	5,532,612	4.5
Sep 15, 2026	22,421,302	-12.7%	3,822,681	5.9
Aug 31, 2026	25,683,604	+4.4%	3,121,327	8.2
Aug 14, 2026	24,595,557	-8.0%	5,073,823	4.8
Jul 31, 2026	26,742,234	-6.6%	3,810,492	7.0
Jul 15, 2026	28,644,593	+1.5%	3,351,869	8.6
Jun 30, 2026	28,228,379	-2.2%	4,381,618	6.4
Jun 15, 2026	28,860,927	+9.2%	3,660,121	7.9
May 29, 2026	26,419,420	-1.7%	3,946,865	6.7
May 15, 2026	26,882,829	+6.8%	4,626,648	5.8