Growth Metrics

Dropbox (DBX) Invested Capital (2017 - 2026)

Dropbox filings provide 10 years of Invested Capital readings, the most recent being -$1.7 billion for Q1 2026.

  • Quarterly Invested Capital fell 129.65% to -$1.7 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$1.7 billion through Mar 2026, down 129.65% year-over-year, with the annual reading at -$1.5 billion for FY2025, 241.02% down from the prior year.
  • Invested Capital hit -$1.7 billion in Q1 2026 for Dropbox, down from -$1.5 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $118.9 million in Q4 2023 and bottomed at -$1.7 billion in Q1 2026.
  • Average Invested Capital over 5 years is -$463.2 million, with a median of -$237.3 million recorded in 2024.
  • The largest annual shift saw Invested Capital skyrocketed 377.16% in 2023 before it crashed 35290.48% in 2025.
  • Dropbox's Invested Capital stood at -$42.9 million in 2022, then skyrocketed by 377.16% to $118.9 million in 2023, then tumbled by 457.95% to -$425.6 million in 2024, then crashed by 241.02% to -$1.5 billion in 2025, then decreased by 16.93% to -$1.7 billion in 2026.
  • Per Business Quant, the three most recent readings for DBX's Invested Capital are -$1.7 billion (Q1 2026), -$1.5 billion (Q4 2025), and -$1.2 billion (Q3 2025).