Growth Metrics

Dropbox (DBX) Free Cash Flow (2017 - 2025)

Dropbox's Free Cash Flow history spans 9 years, with the latest figure at $224.9 million for Q4 2025.

  • For Q4 2025, Free Cash Flow rose 6.84% year-over-year to $224.9 million; the TTM value through Dec 2025 reached $930.8 million, up 6.79%, while the annual FY2025 figure was $930.8 million, 6.79% up from the prior year.
  • Free Cash Flow reached $224.9 million in Q4 2025 per DBX's latest filing, down from $293.7 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 $108.8 million in Q1 2021.
  • Average Free Cash Flow over 5 years is $201.6 million, with a median of $208.2 million recorded in 2022.
  • The largest YoY upside for Free Cash Flow was 326.67% in 2021 against a maximum downside of 30.04% in 2021.
  • A 5-year view of Free Cash Flow shows it stood at $161.4 million in 2021, then rose by 12.58% to $181.7 million in 2022, then rose 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.
  • Per Business Quant, the three most recent readings for DBX's Free Cash Flow are $224.9 million (Q4 2025), $293.7 million (Q3 2025), and $258.5 million (Q2 2025).