Dropbox (DBX) Operating Leases (2019 - 2026)

Dropbox (DBX) has reported Operating Leases for 8 consecutive years, with $392.0 million the latest figure, recorded in Q1 2026.

• Operating Leases for Q1 2026 came in at $392.0 million, up 42.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $392.0 million (up 42.81% YoY), and the FY2025 annual result was $355.9 million, up 42.13% from the prior year.
• Operating Leases was $392.0 million for Q1 2026 at Dropbox, up from $355.9 million in the prior quarter.
• Over five years, Operating Leases peaked at $632.3 million in Q1 2022 and troughed at $250.4 million in Q4 2024.
• Average Operating Leases over 5 years is $430.4 million, with a median of $366.6 million recorded in 2025.
• Year-over-year, Operating Leases tumbled 50.56% in 2024 and soared 42.81% in 2026.
• Over 5 years, Operating Leases stood at $585.2 million in 2022, then tumbled by 46.91% to $310.7 million in 2023, then decreased by 19.41% to $250.4 million in 2024, then surged by 42.13% to $355.9 million in 2025, then increased by 10.14% to $392.0 million in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $392.0 million in Q1 2026, $355.9 million in Q4 2025, and $366.6 million in Q3 2025.