Investor Relations

Stay informed with the latest news, attend webcasts, and follow the performance of Dropbox stock (Nasdaq GS:DBX).

We’re creating a new way of working

Dropbox is a leading global collaboration platform that’s transforming the way people and teams work together. We’re on a mission to unleash the world’s creative energy by designing a more enlightened way of working.

Latest Financial Performance

Revenue ($M)
2021$2,158
2022$2,325
2023$2,502
2024$2,548
Free Cash Flow ($M)
2021$708
2022$764
2023$759
2024$872
Non-GAAP Gross Margin
202181%
202282%
202383%
202484%
Non-GAAP Operating Margin
202130%
202231%
202333%
202436%
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Q4 2025 earnings

*Note: Non-GAAP gross margin and non-GAAP operating margin exclude stock-based compensation expense and certain non-recurring adjustments. Free cash flow is GAAP net cash provided by operating activities less capital expenditures. See appendix for non-GAAP reconciliation.

Introducing Dropbox Dash
and Dropbox AI

Recent Releases

February 19, 2026
Fourth Quarter GAAP Operating Margin of 25.5% and Non-GAAP Operating Margin of 38.2% Net Cash Provided by Operating Activities of $235.4 Million and Unlevered Free Cash Flow of $250.5 Million Revenue of $636.2 Million, down 1.1% year-over-year; excluding FormSwift, up 0.4% year-over-year Fiscal
January 29, 2026
SAN FRANCISCO --(BUSINESS WIRE)--Jan. 29, 2026-- Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2025 after market close on Thursday, February 19, 2026. The company will also hold a conference call on the
November 6, 2025
Third Quarter GAAP Operating Margin of 27.5% and Non-GAAP Operating Margin of 41.1% Net Cash Provided by Operating Activities of $302.1 Million and Free Cash Flow of $293.7 Million Revenue of $634.4 Million , down 0.7% year-over-year; on a constant currency basis, down 1.2% year-over-year SAN
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Our Impact

Read on to learn about our company-wide commitments.

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