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Dropbox (DBX) Operating Leases (2019 - 2025)

Dropbox (DBX) has disclosed Operating Leases for 7 consecutive years, with $407.2 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Leases rose 62.62% year-over-year to $407.2 million, compared with a TTM value of $407.2 million through Dec 2025, up 62.62%, and an annual FY2025 reading of $407.2 million, up 62.62% over the prior year.
  • Operating Leases was $407.2 million for Q4 2025 at Dropbox, down from $418.6 million in the prior quarter.
  • Across five years, Operating Leases topped out at $810.3 million in Q2 2021 and bottomed at $250.4 million in Q4 2024.
  • Average Operating Leases over 5 years is $508.7 million, with a median of $552.3 million recorded in 2023.
  • The sharpest move saw Operating Leases plummeted 51.91% in 2024, then surged 62.62% in 2025.
  • Year by year, Operating Leases stood at $632.0 million in 2021, then dropped by 7.41% to $585.2 million in 2022, then plummeted by 46.91% to $310.7 million in 2023, then dropped by 19.41% to $250.4 million in 2024, then skyrocketed by 62.62% to $407.2 million in 2025.
  • Business Quant data shows Operating Leases for DBX at $407.2 million in Q4 2025, $418.6 million in Q3 2025, and $318.3 million in Q2 2025.