Dropbox (DBX) Debt Ratio (2024 - 2026)
Dropbox's (DBX) quarterly Debt Ratio came in at 0.92 in Q2 2026, up 55.07% on a YoY basis from 0.6 in Q2 2025, and up 7.15% quarter-over-quarter from 0.86 in Q1 2026.
Analysis
Dropbox (DBX) Debt Ratio (2024 - 2026) Analysis & Trends
Dropbox (DBX) has reported Debt Ratio for 3 consecutive years, with 0.92 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 55.07% year-over-year to 0.92; the trailing twelve-month figure through Jun 2026 stood at 0.92 (up 55.07% YoY), and the FY2025 full-year result was 0.75, up 155.79% from the prior year.
- Debt Ratio advanced to 0.92 in Q2 2026 per DBX's latest filing, from 0.86 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.92 in Q2 2026 and bottomed at 0.29 in Q4 2024.
- Historically, Debt Ratio has averaged 0.66 across 3 years, with a median of 0.64 in 2025.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio surged 155.79% in 2025, then surged 53.93% in 2026.
- Over 3 years, Debt Ratio stood at 0.29 in 2024, then jumped by 155.79% to 0.75 in 2025, then gained by 23.37% to 0.92 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.92, 0.86, and 0.75 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 45.74 Bn | 44.50 Bn | 1.53 Bn | 0.16 |
| 2 | Dropbox | 7.60 Bn | 6.48 Bn | 506.50 Mn | 0.92 |
| 3 | Open Text | 5.82 Bn | 4.86 Bn | 1.01 Bn | 0.44 |
| 4 | Box | 4.72 Bn | 4.27 Bn | 253.97 Mn | 0.32 |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | - |
| 6 | Cheetah Mobile | 105.81 Mn | -80.44 Mn | 24.15 Mn | 0.01 |
| 7 | Upland Software | 10.29 Mn | -21.38 Mn | 37.47 Mn | 0.63 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.92 |
| Mar 31, 2026 | 0.86 |
| Dec 31, 2025 | 0.75 |
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.60 |
| Mar 31, 2025 | 0.56 |
| Dec 31, 2024 | 0.29 |