Growth Metrics

Dropbox (DBX) Shares Outstanding (Diluted Average) (2019 - 2025)

Dropbox (DBX) has disclosed Shares Outstanding (Diluted Average) for 7 consecutive years, with $272.8 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) fell 15.65% year-over-year to $272.8 million, compared with a TTM value of $272.8 million through Dec 2025, down 15.65%, and an annual FY2025 reading of $272.8 million, down 15.65% over the prior year.
  • Shares Outstanding (Diluted Average) was $272.8 million for Q4 2025 at Dropbox, up from $265.1 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $405.4 million in Q1 2021 and bottomed at $265.1 million in Q3 2025.
  • Average Shares Outstanding (Diluted Average) over 5 years is $344.1 million, with a median of $345.8 million recorded in 2023.
  • The sharpest move saw Shares Outstanding (Diluted Average) fell 2.32% in 2024, then dropped 18.95% in 2025.
  • Year by year, Shares Outstanding (Diluted Average) stood at $395.8 million in 2021, then dropped by 8.21% to $363.3 million in 2022, then dropped by 4.87% to $345.6 million in 2023, then dropped by 6.42% to $323.4 million in 2024, then dropped by 15.65% to $272.8 million in 2025.
  • Business Quant data shows Shares Outstanding (Diluted Average) for DBX at $272.8 million in Q4 2025, $265.1 million in Q3 2025, and $276.7 million in Q2 2025.