Dropbox DBX
NASDAQ DBX
$34.83 -0.87 (-2.44%)
At close: Sep 4, 2026 · 4:00 PM EDT

Dropbox (DBX) EV to CFO (2018 - 2026)

Dropbox's (DBX) quarterly EV to CFO came in at 20.63 in Q2 2026, down 19.69% on a YoY basis from 25.69 in Q2 2025, and up 7.0% quarter-over-quarter from 19.28 in Q1 2026.

Analysis

Dropbox (DBX) EV to CFO (2018 - 2026) Analysis & Trends

Dropbox (DBX) has reported EV to CFO for 9 consecutive years, with 20.63 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EV to CFO fell 19.69% year-over-year to 20.63; the trailing twelve-month figure through Jun 2026 stood at 5.02 (down 32.33% YoY), and the FY2025 full-year result was 6.0, down 26.41% from the prior year.
  • EV to CFO improved to 20.63 in Q2 2026 per DBX's latest filing, from 19.28 in the prior quarter.
  • Across five years, EV to CFO topped out at 49.77 in Q1 2022 and bottomed at 19.28 in Q1 2026.
  • Historically, EV to CFO has averaged 31.82 across 5 years, with a median of 30.01 in 2022.
  • The sharpest annual moves came in 2023 and 2026: EV to CFO surged 43.23% in 2023, then slumped 52.79% in 2026.
  • Over 5 years, EV to CFO stood at 33.28 in 2022, then increased by 28.56% to 42.79 in 2023, then dropped by 20.26% to 34.12 in 2024, then decreased by 28.85% to 24.28 in 2025, then decreased by 15.0% to 20.63 in 2026.
  • According to Business Quant data, EV to CFO over the past three periods registered 20.63, 19.28, and 24.28 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.63
Mar 31, 2026 19.28
Dec 31, 2025 24.28
Sep 30, 2025 22.49
Jun 30, 2025 25.69
Mar 31, 2025 40.85
Dec 31, 2024 34.12
Sep 30, 2024 25.16
Jun 30, 2024 26.45
Mar 31, 2024 38.67
Dec 31, 2023 42.79
Sep 30, 2023 30.87
Jun 30, 2023 41.74
Mar 31, 2023 44.16
Dec 31, 2022 33.28
Sep 30, 2022 23.47
Jun 30, 2022 29.14
Mar 31, 2022 49.77
Dec 31, 2021 46.08
Sep 30, 2021 39.99