Dropbox (DBX) Free Cash Flow (2017 - 2026)
Dropbox (DBX) posted Free Cash Flow of $203.3 million for Q1 2026, down 9.6% quarter-over-quarter from $224.9 million in Q4 2025, and up 32.27% year-on-year from $153.7 million in Q1 2025.
Dropbox (DBX) Free Cash Flow (2017 - 2026) Analysis & Trends
Dropbox (DBX) has reported Free Cash Flow for 10 consecutive years, with $203.3 million the latest figure, recorded in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $203.3 million, up 32.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $980.4 million (up 14.13% YoY), and the FY2025 annual result was $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.
- Over five years, Free Cash Flow peaked at $293.7 million in Q3 2025 and troughed at $130.7 million in Q1 2022.
- Average Free Cash Flow over 5 years is $209.4 million, with a median of $210.5 million recorded in 2024.
- Year-over-year, Free Cash Flow decreased 10.62% in 2023 and soared 32.27% in 2026.
- Over 5 years, Free Cash Flow stood at $212.9 million in 2022, then fell by 10.62% to $190.3 million in 2023, then gained by 10.61% to $210.5 million in 2024, then increased by 6.84% to $224.9 million in 2025, then decreased by 9.6% to $203.3 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $203.3 million in Q1 2026, $224.9 million in Q4 2025, and $293.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 15.80 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.85 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 891.76 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 384.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 395.40 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.02 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 93.10 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 935.02 Mn |
| 10 | Dropbox | 6.68 Bn | 5.39 Bn | 501.40 Mn | 203.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 190.30 Mn |
| Dec 31, 2023 | 190.30 Mn |