Dropbox (DBX) Market Capitalization (2018 - 2026)
Dropbox's Market Capitalization was $6.04 billion in Q2 2026, down 21.1% from $7.65 billion a year earlier but up 15.3% from the prior quarter.
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Analysis
Dropbox (DBX) Market Capitalization (2018 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Dropbox came in at $6.75 billion, down 24.0% from FY2024.
- Market Capitalization shows a five-year compound annual growth rate of -5.6% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $8.89 billion in FY2024 (-10.4%), $9.93 billion in FY2023 (+26.9%), $7.82 billion in FY2022 (-15.1%) and $9.21 billion in FY2021 (+2.4%).
- Quarterly Market Capitalization has moved between $5.23 billion (Q1 2026) and $11.19 billion (Q3 2021) over five years.
- Compared with a year earlier, Market Capitalization has declined for four straight quarters, with an average decline of 12.7% over the last eight quarters.
- The best year-over-year quarter for Market Capitalization over five years was Q3 2021 (growth of 40.2%); the worst was Q2 2022 (a decline of 35.4%).
- Per Business Quant data, DBX's Market Capitalization in the three quarters before Q2 2026 was $5.23 billion (Q1 2026), $6.75 billion (Q4 2025) and $7.72 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.04 Bn |
| Mar 31, 2026 | 5.23 Bn |
| Dec 31, 2025 | 6.75 Bn |
| Sep 30, 2025 | 7.72 Bn |
| Jun 30, 2025 | 7.65 Bn |
| Mar 31, 2025 | 7.46 Bn |
| Dec 31, 2024 | 8.89 Bn |
| Sep 30, 2024 | 7.79 Bn |
| Jun 30, 2024 | 7.16 Bn |
| Mar 31, 2024 | 7.96 Bn |
| Dec 31, 2023 | 9.93 Bn |
| Sep 30, 2023 | 9.21 Bn |
| Jun 30, 2023 | 9.06 Bn |
| Mar 31, 2023 | 7.43 Bn |
| Dec 31, 2022 | 7.82 Bn |
| Sep 30, 2022 | 7.35 Bn |
| Jun 30, 2022 | 7.56 Bn |
| Mar 31, 2022 | 8.53 Bn |
| Dec 31, 2021 | 9.21 Bn |
| Sep 30, 2021 | 11.19 Bn |
API Access
Dropbox Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=DBX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "DBX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=DBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();