Dropbox (DBX) Short-term Investments (2018 - 2026)
Dropbox's Short-term Investments came in at $57.6 million for Q2 2026, down 73.6% from $218.4 million a year earlier and down 29.2% from the prior quarter.
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Analysis
Dropbox (DBX) Short-term Investments (2018 - 2026) Analysis & Trends
At the end of FY2025, Dropbox's Short-term Investments was $146.9 million, down 44.8% from FY2024.
- Short-term Investments has declined in each of the last four years, with a five-year compound annual growth rate of -28.9% (FY2020 to FY2025).
- Going back by year, Short-term Investments was $265.9 million in FY2024 (-64.1%), $741.1 million in FY2023 (-33.3%), $1.11 billion in FY2022 (-6.3%) and $1.19 billion in FY2021 (+47.0%).
- The Q2 2026 figure represents the lowest quarterly Short-term Investments in data going back to Q1 2018.
- Year-over-year, Short-term Investments has declined for 16 consecutive quarters, with an average decline of 58.2% over the last eight quarters.
- The fastest year-over-year change in Short-term Investments over five years came in Q3 2021 (growth of 60.2%), and the weakest in Q2 2026 (a decline of 73.6%).
- Business Quant data shows DBX's Short-term Investments at $81.4 million (Q1 2026), $146.9 million (Q4 2025) and $194.6 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn |
| 10 | Open Text | 5.43 Bn | 861.81 Mn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.60 Mn |
| Mar 31, 2026 | 81.40 Mn |
| Dec 31, 2025 | 146.90 Mn |
| Sep 30, 2025 | 194.60 Mn |
| Jun 30, 2025 | 218.40 Mn |
| Mar 31, 2025 | 237.80 Mn |
| Dec 31, 2024 | 265.90 Mn |
| Sep 30, 2024 | 373.20 Mn |
| Jun 30, 2024 | 547.40 Mn |
| Mar 31, 2024 | 627.00 Mn |
| Dec 31, 2023 | 741.10 Mn |
| Sep 30, 2023 | 704.60 Mn |
| Jun 30, 2023 | 717.20 Mn |
| Mar 31, 2023 | 920.40 Mn |
| Dec 31, 2022 | 1.11 Bn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.19 Bn |
| Sep 30, 2021 | 1.24 Bn |
API Access
Dropbox Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=DBX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "DBX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=DBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();