Dropbox (DBX) Current Leases (2017 - 2026)
Dropbox (DBX) posted Current Leases of $51.4 million for Q1 2026, little changed on a QoQ basis from $51.3 million in Q4 2025, and down 59.46% year-over-year from $126.8 million in Q1 2025.
Dropbox (DBX) Current Leases (2017 - 2026) Analysis & Trends
Dropbox's Current Leases history runs 10 years deep, the most recent figure standing at $51.4 million for Q1 2026.
- Quarterly Current Leases fell 59.46% year-over-year to $51.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $51.4 million (down 59.46% YoY) and the FY2025 annual result came in at $51.3 million, down 58.39% from the prior year.
- Current Leases was $51.4 million for Q1 2026 at Dropbox, roughly flat from $51.3 million in the prior quarter.
- Across five years, Current Leases topped out at $126.8 million in Q1 2025 and bottomed at $44.2 million in Q2 2025.
- A 5-year average of $82.0 million and a median of $69.1 million in 2024 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2024 — Current Leases soared 114.81% — and 2026, when it tumbled 59.46%.
- Dropbox's Current Leases stood at $114.8 million in 2022, then plunged by 50.0% to $57.4 million in 2023, then surged by 114.81% to $123.3 million in 2024, then sank by 58.39% to $51.3 million in 2025, then climbed by 0.19% to $51.4 million in 2026.
- Business Quant data shows DBX's Current Leases at $51.4 million in Q1 2026, $51.3 million in Q4 2025, and $52.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (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 | - | 1.55 Mn |
| 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 | 18.23 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | - |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 74.60 Mn |
| 10 | Dropbox | 7.54 Bn | 6.25 Bn | 501.40 Mn | 51.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.40 Mn |
| Dec 31, 2025 | 51.30 Mn |
| Sep 30, 2025 | 52.00 Mn |
| Jun 30, 2025 | 44.20 Mn |
| Mar 31, 2025 | 126.80 Mn |
| Dec 31, 2024 | 123.30 Mn |
| Sep 30, 2024 | 68.80 Mn |
| Jun 30, 2024 | 69.10 Mn |
| Mar 31, 2024 | 115.10 Mn |
| Dec 31, 2023 | 57.40 Mn |
| Sep 30, 2023 | 67.40 Mn |
| Jun 30, 2023 | 67.40 Mn |
| Mar 31, 2023 | 114.20 Mn |
| Dec 31, 2022 | 114.80 Mn |
| Sep 30, 2022 | 111.30 Mn |
| Jun 30, 2022 | 77.30 Mn |
| Mar 31, 2022 | 82.60 Mn |
| Dec 31, 2021 | 78.30 Mn |
| Sep 30, 2021 | 85.20 Mn |
| Jun 30, 2021 | 113.90 Mn |