Dropbox (DBX) Convertible Debt (2021 - 2026)

Dropbox has reported Convertible Debt for 6 years, with the latest figure at $690.3 million in Q1 2026.

• For the quarter ending Q1 2026, Convertible Debt changed 0.23% year-over-year to $690.3 million; the trailing twelve-month figure through Mar 2026 stood at $690.3 million (changed 0.23% YoY), and the FY2025 full-year result was $689.9 million, down 50.07% from the prior year.
• Convertible Debt for Q1 2026 stood at $690.3 million, roughly flat from $689.9 million in the prior quarter.
• The five-year high for Convertible Debt was $1.4 billion in Q4 2024, with the low at $688.7 million in Q1 2025.
• Historically, Convertible Debt has averaged $1.2 billion across 5 years, with a median of $1.4 billion in 2022.
• Annual changes were most pronounced in 2022 — Convertible Debt rose 0.28% — and 2025, when it slumped 50.07%.
• Dropbox's Convertible Debt stood at $1.4 billion in 2022, then gained by 0.28% to $1.4 billion in 2023, then increased by 0.28% to $1.4 billion in 2024, then tumbled by 50.07% to $689.9 million in 2025, then grew by 0.06% to $690.3 million in 2026.
• The last three Convertible Debt figures came in at $690.3 million (Q1 2026), $689.9 million (Q4 2025), and $689.5 million (Q3 2025), per Business Quant data.