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
DateValue
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