Dropbox (DBX) Free Cash Flow (2017 - 2026)

Dropbox has reported Free Cash Flow for 10 years, with the latest figure at $203.3 million in Q1 2026.

• For the quarter ending Q1 2026, Free Cash Flow rose 32.27% year-over-year to $203.3 million; the trailing twelve-month figure through Mar 2026 stood at $980.4 million (up 14.13% YoY), and the FY2025 full-year result was $930.8 million, up 6.79% from the prior year.
• Free Cash Flow for Q1 2026 stood at $203.3 million, down from $224.9 million in the prior quarter.
• The five-year high for Free Cash Flow was $293.7 million in Q3 2025, with the low at $130.7 million in Q1 2022.
• Historically, Free Cash Flow has averaged $209.4 million across 5 years, with a median of $210.5 million in 2024.
• Annual changes were most pronounced in 2023 — Free Cash Flow fell 10.62% — and 2026, when it jumped 32.27%.
• Dropbox's Free Cash Flow stood at $212.9 million in 2022, then slipped by 10.62% to $190.3 million in 2023, then grew by 10.61% to $210.5 million in 2024, then advanced by 6.84% to $224.9 million in 2025, then declined by 9.6% to $203.3 million in 2026.
• The last three Free Cash Flow figures came in at $203.3 million (Q1 2026), $224.9 million (Q4 2025), and $293.7 million (Q3 2025), per Business Quant data.