Dropbox (DBX) Shares Outstanding (Diluted Average) (2019 - 2026)

Dropbox has reported Shares Outstanding (Diluted Average) for 8 years, with the latest figure at $236.7 million in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) fell 19.95% year-over-year to $236.7 million; the trailing twelve-month figure through Mar 2026 stood at $236.7 million (down 19.95% YoY), and the FY2025 full-year result was $272.8 million, down 15.65% from the prior year.
• Shares Outstanding (Diluted Average) for Q1 2026 stood at $236.7 million, down from $272.8 million in the prior quarter.
• The five-year high for Shares Outstanding (Diluted Average) was $372.9 million in Q1 2022, with the low at $236.7 million in Q1 2026.
• Historically, Shares Outstanding (Diluted Average) has averaged $324.7 million across 5 years, with a median of $340.7 million in 2024.
• Annual changes were most pronounced in 2024 — Shares Outstanding (Diluted Average) decreased 2.32% — and 2026, when it declined 19.95%.
• Dropbox's Shares Outstanding (Diluted Average) stood at $363.3 million in 2022, then decreased by 4.87% to $345.6 million in 2023, then decreased by 6.42% to $323.4 million in 2024, then declined by 15.65% to $272.8 million in 2025, then decreased by 13.23% to $236.7 million in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $236.7 million (Q1 2026), $272.8 million (Q4 2025), and $265.1 million (Q3 2025), per Business Quant data.