Dropbox (DBX) Enterprise Value (2018 - 2026)
Dropbox (DBX) recorded Enterprise Value of $4.92 billion in Q2 2026, down 26.5% from $6.69 billion a year earlier but up 24.8% from the prior quarter.
Dropbox (DBX) Enterprise Value (2018 - 2026) Analysis & Trends
On a TTM basis, Dropbox's Enterprise Value came in at $1.67 billion as of Jun 30, 2026, down 44.9% year-over-year; for FY2025, it was $5.71 billion, down 21.7% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of -6.2% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $7.29 billion in FY2024 (-14.9%), $8.57 billion in FY2023 (+32.3%), $6.48 billion in FY2022 (-13.6%) and $7.5 billion in FY2021 (-4.9%).
- Quarterly Enterprise Value has ranged from $3.94 billion in Q1 2026 to $9.26 billion in Q3 2021 over the past five years.
- On a year-over-year basis, Enterprise Value has declined for four consecutive quarters, with an average decline of 14.0% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 37.1% in Q3 2021, against a decline of 37.4% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.94 billion (Q1 2026), $5.71 billion (Q4 2025) and $6.79 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.92 Bn |
| Mar 31, 2026 | 3.94 Bn |
| Dec 31, 2025 | 5.71 Bn |
| Sep 30, 2025 | 6.79 Bn |
| Jun 30, 2025 | 6.69 Bn |
| Mar 31, 2025 | 6.28 Bn |
| Dec 31, 2024 | 7.29 Bn |
| Sep 30, 2024 | 6.90 Bn |
| Jun 30, 2024 | 6.10 Bn |
| Mar 31, 2024 | 6.79 Bn |
| Dec 31, 2023 | 8.57 Bn |
| Sep 30, 2023 | 7.90 Bn |
| Jun 30, 2023 | 7.83 Bn |
| Mar 31, 2023 | 6.18 Bn |
| Dec 31, 2022 | 6.48 Bn |
| Sep 30, 2022 | 5.90 Bn |
| Jun 30, 2022 | 6.12 Bn |
| Mar 31, 2022 | 7.04 Bn |
| Dec 31, 2021 | 7.50 Bn |
| Sep 30, 2021 | 9.26 Bn |
Dropbox Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=DBX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "DBX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=DBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();