Dropbox (DBX) Shares Outstanding (Diluted Average) (2019 - 2026)
Dropbox (DBX) posted Shares Outstanding (Diluted Average) of $236.7 million for Q1 2026, down 13.23% quarter-over-quarter from $272.8 million in Q4 2025, and down 19.95% year-on-year from $295.7 million in Q1 2025.
Dropbox (DBX) Shares Outstanding (Diluted Average) (2019 - 2026) Analysis & Trends
Dropbox (DBX) has reported Shares Outstanding (Diluted Average) for 8 consecutive years, with $236.7 million the latest figure, recorded in Q1 2026.
- Shares Outstanding (Diluted Average) for Q1 2026 came in at $236.7 million, down 19.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $236.7 million (down 19.95% YoY), and the FY2025 annual result was $272.8 million, down 15.65% from the prior year.
- Shares Outstanding (Diluted Average) was $236.7 million for Q1 2026 at Dropbox, down from $272.8 million in the prior quarter.
- Over five years, Shares Outstanding (Diluted Average) peaked at $372.9 million in Q1 2022 and troughed at $236.7 million in Q1 2026.
- Average Shares Outstanding (Diluted Average) over 5 years is $323.4 million, with a median of $340.7 million recorded in 2024.
- Year-over-year, Shares Outstanding (Diluted Average) dropped 2.32% in 2024 and retreated 19.95% in 2026.
- Over 5 years, Shares Outstanding (Diluted Average) stood at $363.3 million in 2022, then declined by 4.87% to $345.6 million in 2023, then declined by 6.42% to $323.4 million in 2024, then decreased by 15.65% to $272.8 million in 2025, then declined by 13.23% to $236.7 million in 2026.
- Per Business Quant data, the three most recent Shares Outstanding (Diluted Average) figures were $236.7 million in Q1 2026, $272.8 million in Q4 2025, and $265.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 7.45 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.91 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 2.57 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 711.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 250.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 742.80 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 352.63 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 190.76 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 597.59 Mn |
| 10 | Dropbox | 6.68 Bn | 5.39 Bn | 501.40 Mn | 236.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 236.70 Mn |
| Dec 31, 2025 | 272.80 Mn |
| Sep 30, 2025 | 265.10 Mn |
| Jun 30, 2025 | 276.70 Mn |
| Mar 31, 2025 | 295.70 Mn |
| Dec 31, 2024 | 323.40 Mn |
| Sep 30, 2024 | 316.40 Mn |
| Jun 30, 2024 | 323.70 Mn |
| Mar 31, 2024 | 340.70 Mn |
| Dec 31, 2023 | 345.60 Mn |
| Sep 30, 2023 | 346.00 Mn |
| Jun 30, 2023 | 343.80 Mn |
| Mar 31, 2023 | 348.80 Mn |
| Dec 31, 2022 | 363.30 Mn |
| Sep 30, 2022 | 360.10 Mn |
| Jun 30, 2022 | 365.70 Mn |
| Mar 31, 2022 | 372.90 Mn |
| Dec 31, 2021 | 395.80 Mn |
| Sep 30, 2021 | 398.10 Mn |
| Jun 30, 2021 | 397.00 Mn |