Dropbox (DBX) Total Debt (2024 - 2026)

Dropbox (DBX) posted Total Debt of $2.6 billion for Q1 2026, up 22.67% on a QoQ basis from $2.1 billion in Q4 2025, and up 57.76% year-over-year from $1.7 billion in Q1 2025.

Dropbox (DBX) Total Debt (2024 - 2026) Analysis & Trends

Dropbox's Total Debt history runs 3 years deep, the most recent figure standing at $2.6 billion for Q1 2026.

  • Quarterly Total Debt rose 57.76% year-over-year to $2.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 57.76% YoY) and the FY2025 annual result came in at $2.1 billion, up 121.11% from the prior year.
  • Total Debt was $2.6 billion for Q1 2026 at Dropbox, up from $2.1 billion in the prior quarter.
  • Across five years, Total Debt topped out at $2.6 billion in Q1 2026 and bottomed at $962.9 million in Q4 2024.
  • A 3-year average of $1.6 billion and a median of $1.4 billion in 2025 frame the typical range for Total Debt.
  • Annual changes were most pronounced in 2025 — Total Debt jumped 121.11% — and 2026, when it surged 57.76%.
  • Dropbox's Total Debt stood at $962.9 million in 2024, then jumped by 121.11% to $2.1 billion in 2025, then increased by 22.67% to $2.6 billion in 2026.
  • Business Quant data shows DBX's Total Debt at $2.6 billion in Q1 2026, $2.1 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 40.26 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - 122.34 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - 426.54 Mn
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn -
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn -
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 745.47 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 496.80 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 1.29 Bn
10 Dropbox 7.54 Bn 6.25 Bn 501.40 Mn 2.61 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.61 Bn
Dec 31, 2025 2.13 Bn
Sep 30, 2025 1.11 Bn
Jun 30, 2025 970.60 Mn
Mar 31, 2025 1.66 Bn
Dec 31, 2024 962.90 Mn