Dropbox (DBX) Debt to Equity (2024 - 2026)
Dropbox (DBX) posted Debt to Equity of -$1.3 for Q1 2026, down 61.06% quarter-over-quarter from -$0.81 in Q4 2025, and down 43.72% year-on-year from -$2.31 in Q1 2025.
Dropbox (DBX) Debt to Equity (2024 - 2026) Analysis & Trends
Dropbox (DBX) has reported Debt to Equity for 3 consecutive years, with -$1.3 the latest figure, recorded in Q1 2026.
- Debt to Equity for Q1 2026 came in at -$1.3, down 43.72% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.3 (down 43.72% YoY), and the FY2025 annual result was -$0.81, up 37.66% from the prior year.
- Debt to Equity was -$1.3 for Q1 2026 at Dropbox, down from -$0.81 in the prior quarter.
- Over five years, Debt to Equity peaked at -$0.73 in Q3 2025 and troughed at -$1.3 in Q1 2026.
- Average Debt to Equity over 3 years is -$0.96, with a median of -$0.85 recorded in 2025.
- Year-over-year, Debt to Equity jumped 37.66% in 2025 and sank 43.72% in 2026.
- Over 3 years, Debt to Equity stood at -$1.29 in 2024, then soared by 37.66% to -$0.81 in 2025, then sank by 61.06% to -$1.3 in 2026.
- Per Business Quant data, the three most recent Debt to Equity figures were -$1.3 in Q1 2026, -$0.81 in Q4 2025, and -$0.73 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 0.10 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.84 |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 0.17 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 0.50 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 0.85 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 0.33 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 0.08 |
| 10 | Dropbox | 6.68 Bn | 5.39 Bn | 501.40 Mn | -1.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.30 |
| Dec 31, 2025 | -0.81 |
| Sep 30, 2025 | -0.73 |
| Jun 30, 2025 | -0.74 |
| Mar 31, 2025 | -0.90 |
| Dec 31, 2024 | -1.29 |