Dropbox (DBX) Invested Capital (2017 - 2026)
Dropbox (DBX) posted Invested Capital of -$1.7 billion for Q1 2026, down 16.93% quarter-over-quarter from -$1.5 billion in Q4 2025, and down 129.65% year-on-year from $5.7 billion in Q1 2025.
Dropbox (DBX) Invested Capital (2017 - 2026) Analysis & Trends
Dropbox (DBX) has reported Invested Capital for 10 consecutive years, with -$1.7 billion the latest figure, recorded in Q1 2026.
- Invested Capital for Q1 2026 came in at -$1.7 billion, down 129.65% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.7 billion (down 129.65% YoY), and the FY2025 annual result was -$1.5 billion, down 241.02% from the prior year.
- Invested Capital was -$1.7 billion for Q1 2026 at Dropbox, down from -$1.5 billion in the prior quarter.
- Over five years, Invested Capital peaked at $118.9 million in Q4 2023 and troughed 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.
- Year-over-year, Invested Capital surged 377.16% in 2023 and plunged 35290.48% in 2025.
- Over 5 years, Invested Capital stood at -$42.9 million in 2022, then soared by 377.16% to $118.9 million in 2023, then tumbled by 457.95% to -$425.6 million in 2024, then sank by 241.02% to -$1.5 billion in 2025, then retreated by 16.93% to -$1.7 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were -$1.7 billion in Q1 2026, -$1.5 billion in Q4 2025, and -$1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 43.06 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 8.45 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 9.39 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.43 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 989.70 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 2.82 Bn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 28.97 Bn |
| 10 | Dropbox | 6.68 Bn | 5.39 Bn | 501.40 Mn | -1.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.70 Bn |
| Dec 31, 2025 | -1.45 Bn |
| Sep 30, 2025 | -1.19 Bn |
| Jun 30, 2025 | -978.80 Mn |
| Mar 31, 2025 | -739.00 Mn |
| Dec 31, 2024 | -425.60 Mn |
| Sep 30, 2024 | -237.30 Mn |
| Jun 30, 2024 | -88.60 Mn |
| Mar 31, 2024 | 2.10 Mn |
| Dec 31, 2023 | 118.90 Mn |
| Sep 30, 2023 | -84.50 Mn |
| Jun 30, 2023 | -141.40 Mn |
| Mar 31, 2023 | -96.20 Mn |
| Dec 31, 2022 | -42.90 Mn |
| Sep 30, 2022 | -346.70 Mn |
| Jun 30, 2022 | -285.00 Mn |
| Mar 31, 2022 | -187.80 Mn |
| Dec 31, 2021 | -5.80 Mn |
| Sep 30, 2021 | 140.50 Mn |
| Jun 30, 2021 | 193.10 Mn |