Dropbox (DBX) Convertible Debt (2021 - 2026)

Dropbox (DBX) posted Convertible Debt of $690.3 million for Q1 2026, little changed on a QoQ basis from $689.9 million in Q4 2025, and little changed year-over-year from $688.7 million in Q1 2025.

Dropbox (DBX) Convertible Debt (2021 - 2026) Analysis & Trends

Dropbox's Convertible Debt history runs 6 years deep, the most recent figure standing at $690.3 million for Q1 2026.

  • Quarterly Convertible Debt changed 0.23% year-over-year to $690.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $690.3 million (changed 0.23% YoY) and the FY2025 annual result came in at $689.9 million, down 50.07% from the prior year.
  • Convertible Debt was $690.3 million for Q1 2026 at Dropbox, roughly flat from $689.9 million in the prior quarter.
  • Across five years, Convertible Debt topped out at $1.4 billion in Q4 2024 and bottomed at $688.7 million in Q1 2025.
  • A 5-year average of $1.2 billion and a median of $1.4 billion in 2022 frame the typical range for Convertible Debt.
  • Annual changes were most pronounced in 2022 — Convertible Debt climbed 0.28% — and 2025, when it sank 50.07%.
  • Dropbox's Convertible Debt stood at $1.4 billion in 2022, then climbed by 0.28% to $1.4 billion in 2023, then gained by 0.28% to $1.4 billion in 2024, then sank by 50.07% to $689.9 million in 2025, then rose by 0.06% to $690.3 million in 2026.
  • Business Quant data shows DBX's Convertible Debt at $690.3 million in Q1 2026, $689.9 million in Q4 2025, and $689.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn
3 Oracle 344.13 Bn 312.24 Bn -
4 Repay Holdings 342.29 Bn 342.15 Bn -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn
10 Dropbox 7.54 Bn 6.25 Bn 501.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 690.30 Mn
Dec 31, 2025 689.90 Mn
Sep 30, 2025 689.50 Mn
Jun 30, 2025 689.10 Mn
Mar 31, 2025 688.70 Mn
Dec 31, 2024 1.38 Bn
Sep 30, 2024 1.38 Bn
Jun 30, 2024 1.38 Bn
Mar 31, 2024 1.38 Bn
Dec 31, 2023 1.38 Bn
Sep 30, 2023 1.38 Bn
Jun 30, 2023 1.38 Bn
Mar 31, 2023 1.38 Bn
Dec 31, 2022 1.37 Bn
Sep 30, 2022 1.37 Bn
Jun 30, 2022 1.37 Bn
Mar 31, 2022 1.37 Bn
Dec 31, 2021 1.37 Bn
Sep 30, 2021 1.37 Bn
Jun 30, 2021 1.37 Bn