Dropbox (DBX) Convertible Debt (2021 - 2026)
Dropbox's (DBX) quarterly Convertible Debt came in at $690.7 million in Q2 2026, little changed on a YoY basis from $689.1 million in Q2 2025, and little changed quarter-over-quarter from $690.3 million in Q1 2026.
Analysis
Dropbox (DBX) Convertible Debt (2021 - 2026) Analysis & Trends
Dropbox (DBX) has reported Convertible Debt for 6 consecutive years, with $690.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Convertible Debt changed 0.23% year-over-year to $690.7 million; the trailing twelve-month figure through Jun 2026 stood at $690.7 million (changed 0.23% YoY), and the FY2025 full-year result was $689.9 million, down 50.07% from the prior year.
- Convertible Debt held at $690.7 million in Q2 2026 per DBX's latest filing, from $690.3 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.
- Historically, Convertible Debt has averaged $1.1 billion across 5 years, with a median of $1.4 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Convertible Debt gained 0.28% in 2022, then tumbled 50.07% in 2025.
- Over 5 years, 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 climbed by 0.12% to $690.7 million in 2026.
- According to Business Quant data, Convertible Debt over the past three periods registered $690.7 million, $690.3 million, and $689.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Atlassian | 45.74 Bn | 44.50 Bn | 1.53 Bn |
| 2 | Dropbox | 7.60 Bn | 6.48 Bn | 506.50 Mn |
| 3 | Open Text | 5.82 Bn | 4.86 Bn | 1.01 Bn |
| 4 | Box | 4.72 Bn | 4.27 Bn | 253.97 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn |
| 6 | Cheetah Mobile | 105.81 Mn | -80.44 Mn | 24.15 Mn |
| 7 | Upland Software | 10.29 Mn | -21.38 Mn | 37.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 690.70 Mn |
| 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 |