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

Dropbox's Free Cash Flow history runs 10 years deep, the most recent figure standing at $203.3 million for 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 was $203.3 million for Q1 2026 at Dropbox, down from $224.9 million in the prior quarter.
• Across five years, Free Cash Flow topped out at $293.7 million in Q3 2025 and bottomed at $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 dropped 10.34% — and 2026, when it jumped 32.27%.
• Dropbox's Free Cash Flow stood at $181.7 million in 2022, then climbed by 4.73% to $190.3 million in 2023, then rose by 10.61% to $210.5 million in 2024, then grew by 6.84% to $224.9 million in 2025, then retreated by 9.6% to $203.3 million in 2026.
• Business Quant data shows DBX's Free Cash Flow at $203.3 million in Q1 2026, $224.9 million in Q4 2025, and $293.7 million in Q3 2025.