Dropbox DBX
NASDAQ DBX
$33.81 -1.02 (-2.93%)
As of: Sep 8, 2026 · 3:59 PM EDT

Dropbox (DBX) Operating Leases (2019 - 2026)

Dropbox's (DBX) quarterly Operating Leases came in at $389.3 million in Q2 2026, up 7.39% on a YoY basis from $362.5 million in Q2 2025, and down 0.69% quarter-over-quarter from $392.0 million in Q1 2026.

Analysis

Dropbox (DBX) Operating Leases (2019 - 2026) Analysis & Trends

Dropbox (DBX) has reported Operating Leases for 8 consecutive years, with $389.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases rose 7.39% year-over-year to $389.3 million; the trailing twelve-month figure through Jun 2026 stood at $389.3 million (up 7.39% YoY), and the FY2025 full-year result was $355.9 million, up 42.13% from the prior year.
  • Operating Leases fell to $389.3 million in Q2 2026 per DBX's latest filing, from $392.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $714.9 million in Q1 2022 and bottomed at $250.4 million in Q4 2024.
  • Historically, Operating Leases has averaged $464.2 million across 5 years, with a median of $390.6 million in 2026.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases plunged 46.91% in 2023, then surged 42.13% in 2025.
  • Over 5 years, Operating Leases stood at $585.2 million in 2022, then slumped by 46.91% to $310.7 million in 2023, then retreated by 19.41% to $250.4 million in 2024, then jumped by 42.13% to $355.9 million in 2025, then rose by 9.38% to $389.3 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $389.3 million, $392.0 million, and $355.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Atlassian 45.74 Bn 44.50 Bn 1.53 Bn
2 Dropbox 7.60 Bn 6.48 Bn 506.50 Mn
3 Open Text 5.82 Bn 4.86 Bn 1.01 Bn
4 Box 4.72 Bn 4.27 Bn 253.97 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn
6 Cheetah Mobile 105.81 Mn -80.44 Mn 24.15 Mn
7 Upland Software 10.29 Mn -21.38 Mn 37.47 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 389.30 Mn
Mar 31, 2026 392.00 Mn
Dec 31, 2025 355.90 Mn
Sep 30, 2025 418.60 Mn
Jun 30, 2025 362.50 Mn
Mar 31, 2025 318.80 Mn
Dec 31, 2024 250.40 Mn
Sep 30, 2024 333.70 Mn
Jun 30, 2024 344.00 Mn
Mar 31, 2024 356.60 Mn
Dec 31, 2023 310.70 Mn
Sep 30, 2023 618.20 Mn
Jun 30, 2023 621.20 Mn
Mar 31, 2023 634.40 Mn
Dec 31, 2022 585.20 Mn
Sep 30, 2022 662.30 Mn
Jun 30, 2022 686.00 Mn
Mar 31, 2022 714.90 Mn
Dec 31, 2021 632.00 Mn
Sep 30, 2021 828.80 Mn