Dropbox (DBX) Free Cash Flow (2017 - 2026)
Dropbox's (DBX) quarterly Free Cash Flow came in at $203.3 million in Q1 2026, up 32.27% YoY from $153.7 million in Q1 2025, and down 9.6% on a QoQ basis from $224.9 million in Q4 2025.
Dropbox (DBX) Free Cash Flow (2017 - 2026) Analysis & Trends
Dropbox (DBX) has 10 years of Free Cash Flow data on file, last reported at $203.3 million in Q1 2026.
- Quarterly Free Cash Flow rose 32.27% year-over-year to $203.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $980.4 million (up 14.13% YoY) and the FY2025 annual result came in at $930.8 million, up 6.79% from the prior year.
- Free Cash Flow declined to $203.3 million in Q1 2026, from $224.9 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $293.7 million in Q3 2025 to a low of $130.7 million in Q1 2022.
- A 5-year average of $207.6 million and a median of $205.9 million in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow retreated 10.34% — and 2026, when it jumped 32.27%.
- Tracing DBX's Free Cash Flow over 5 years: stood at $181.7 million in 2022, then gained by 4.73% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 19.64 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.20 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -1.87 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 788.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 965.60 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 67.60 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 775.42 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -5.74 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -7.56 Bn |
| 10 | Dropbox | 7.61 Bn | 6.50 Bn | 506.50 Mn | 235.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 235.20 Mn |
| Jun 30, 2026 | 235.20 Mn |
| Mar 31, 2026 | 203.30 Mn |
| Mar 31, 2026 | 203.30 Mn |
| Dec 31, 2025 | 224.90 Mn |
| Dec 31, 2025 | 224.90 Mn |
| Sep 30, 2025 | 293.70 Mn |
| Sep 30, 2025 | 293.70 Mn |
| Jun 30, 2025 | 258.50 Mn |
| Jun 30, 2025 | 258.50 Mn |
| Mar 31, 2025 | 153.70 Mn |
| Mar 31, 2025 | 153.70 Mn |
| Dec 31, 2024 | 210.50 Mn |
| Dec 31, 2024 | 210.50 Mn |
| Sep 30, 2024 | 270.10 Mn |
| Sep 30, 2024 | 270.10 Mn |
| Jun 30, 2024 | 224.70 Mn |
| Jun 30, 2024 | 224.70 Mn |
| Mar 31, 2024 | 166.30 Mn |
| Mar 31, 2024 | 166.30 Mn |