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| Date | Value |
|---|---|
| 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 |