Dropbox (DBX) Debt Ratio (2024 - 2026)
Dropbox (DBX) posted Debt Ratio of 0.86 for Q1 2026, up 15.14% on a QoQ basis from 0.75 in Q4 2025, and up 53.93% year-over-year from 0.56 in Q1 2025.
Dropbox (DBX) Debt Ratio (2024 - 2026) Analysis & Trends
Dropbox's Debt Ratio history runs 3 years deep, the most recent figure standing at 0.86 for Q1 2026.
- Quarterly Debt Ratio rose 53.93% year-over-year to 0.86 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.86 (up 53.93% YoY) and the FY2025 annual result came in at 0.75, up 158.44% from the prior year.
- Debt Ratio was 0.86 for Q1 2026 at Dropbox, up from 0.75 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.86 in Q1 2026 and bottomed at 0.29 in Q4 2024.
- A 3-year average of 0.53 and a median of 0.48 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2025 — Debt Ratio soared 158.44% — and 2026, when it jumped 53.93%.
- Dropbox's Debt Ratio stood at 0.29 in 2024, then surged by 158.44% to 0.75 in 2025, then advanced by 15.14% to 0.86 in 2026.
- Business Quant data shows DBX's Debt Ratio at 0.86 in Q1 2026, 0.75 in Q4 2025, and 0.4 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 0.06 |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 0.47 |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | 0.36 |
| 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 | 0.07 |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 0.05 |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 0.21 |
| 10 | Dropbox | 7.54 Bn | 6.25 Bn | 501.40 Mn | 0.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.86 |
| Dec 31, 2025 | 0.75 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.56 |
| Dec 31, 2024 | 0.29 |