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

Dropbox (DBX) has reported EV to EBITDA for 9 consecutive years, with 29.86 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, EV to EBITDA fell 24.86% year-over-year to 29.86; the trailing twelve-month figure through Jun 2026 stood at 7.3 (down 38.09% YoY), and the FY2025 full-year result was 8.29, down 44.73% from the prior year.
• EV to EBITDA improved to 29.86 in Q2 2026 per DBX's latest filing, from 22.82 in the prior quarter.
• Across five years, EV to EBITDA topped out at 138.58 in Q2 2023 and bottomed at 80.55 in Q4 2022.
• Historically, EV to EBITDA has averaged 48.64 across 5 years, with a median of 47.66 in 2024.
• The sharpest annual moves came in 2022 and 2024: EV to EBITDA tumbled 175.43% in 2022, then surged 158.94% in 2024.
• Over 5 years, EV to EBITDA stood at 80.55 in 2022, then soared by 139.79% to 32.05 in 2023, then surged by 158.94% to 82.99 in 2024, then sank by 57.55% to 35.23 in 2025, then decreased by 15.24% to 29.86 in 2026.
• According to Business Quant data, EV to EBITDA over the past three periods registered 29.86, 22.82, and 35.23 for Q2 2026, Q1 2026, and Q4 2025 respectively.