Dropbox, Inc. financials
Key figures from Dropbox, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Jun 2026 | Jun 2025 | Change |
|---|---|---|---|
| Revenue | $632M | $626M | +0.9% |
| Net income | $96M | $126M | -23.7% |
| Free cash flow | $235M | $259M | -9.0% |
| Gross margin | 80.2% | 80.2% | -0.0 pts |
| Operating margin | 26.1% | 26.9% | -0.8 pts |
| Net margin | 15.2% | 20.1% | -4.9 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $2.5B | $508M | 20.2% | $931M | $1.86 |
| FY Dec 2024 | $2.5B | $452M | 17.7% | $872M | $1.40 |
| FY Dec 2023 | $2.5B | $454M | 18.1% | $759M | $1.31 |
| FY Dec 2022 | $2.3B | $553M | 23.8% | $764M | $1.52 |
| FY Dec 2021 | $2.2B | $336M | 15.6% | $708M | $0.85 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.