Dropbox (DBX) Operating Leases (2019 - 2026)
Dropbox's (DBX) quarterly Operating Leases came in at $392.0 million in Q1 2026, up 22.96% YoY from $318.8 million in Q1 2025, and up 10.14% on a QoQ basis from $355.9 million in Q4 2025.
Dropbox (DBX) Operating Leases (2019 - 2026) Analysis & Trends
Dropbox (DBX) has 8 years of Operating Leases data on file, last reported at $392.0 million in Q1 2026.
- Quarterly Operating Leases rose 22.96% year-over-year to $392.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $392.0 million (up 22.96% YoY) and the FY2025 annual result came in at $355.9 million, up 42.13% from the prior year.
- Operating Leases improved to $392.0 million in Q1 2026, from $355.9 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $662.3 million in Q3 2022 to a low of $250.4 million in Q4 2024.
- A 5-year average of $448.5 million and a median of $392.0 million in 2026 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases sank 51.91% — and 2025, when it jumped 58.02%.
- Tracing DBX's Operating Leases over 5 years: stood at $585.2 million in 2022, then plunged by 46.91% to $310.7 million in 2023, then declined by 19.41% to $250.4 million in 2024, then surged by 42.13% to $355.9 million in 2025, then advanced by 10.14% to $392.0 million in 2026.
- The last three Operating Leases figures came in at $392.0 million (Q1 2026), $355.9 million (Q4 2025), and $418.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Dropbox | 7.61 Bn | 6.50 Bn | 506.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 318.30 Mn |
| Mar 31, 2025 | 318.80 Mn |
| Dec 31, 2024 | 250.40 Mn |
| Sep 30, 2024 | 264.90 Mn |
| Jun 30, 2024 | 344.00 Mn |
| Mar 31, 2024 | 356.60 Mn |
| Dec 31, 2023 | 310.70 Mn |
| Sep 30, 2023 | 550.80 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 | 608.70 Mn |
| Mar 31, 2022 | 632.30 Mn |
| Dec 31, 2021 | 632.00 Mn |
| Sep 30, 2021 | 828.80 Mn |