Dropbox (DBX) Debt Ratio (2024 - 2026)
Dropbox (DBX) reported Debt Ratio of 0.86 for Q1 2026, up 162.25% on a YoY basis from 0.33 in Q1 2025, and up 69.22% quarter-over-quarter from 0.51 in Q4 2025.
Dropbox (DBX) Debt Ratio (2024 - 2026) Analysis & Trends
Dropbox has reported Debt Ratio for 3 years, with the latest figure at 0.86 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 162.25% year-over-year to 0.86; the trailing twelve-month figure through Mar 2026 stood at 0.86 (up 162.25% YoY), and the FY2025 full-year result was 0.51, up 74.04% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.86, up from 0.51 in the prior quarter.
- The five-year high for Debt Ratio was 0.86 in Q1 2026, with the low at 0.29 in Q4 2024.
- Historically, Debt Ratio has averaged 0.46 across 3 years, with a median of 0.37 in 2025.
- Annual changes were most pronounced in 2025 — Debt Ratio jumped 74.04% — and 2026, when it jumped 162.25%.
- Dropbox's Debt Ratio stood at 0.29 in 2024, then jumped by 74.04% to 0.51 in 2025, then surged by 69.22% to 0.86 in 2026.
- The last three Debt Ratio figures came in at 0.86 (Q1 2026), 0.51 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 0.06 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 0.51 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 0.07 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 0.05 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 0.21 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 0.21 |
| 10 | Dropbox | 6.44 Bn | 5.16 Bn | 501.40 Mn | 0.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.86 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.29 |