Dropbox reported a gross margin of 80.21% and a net margin of 15.17% for the quarter ended Jun 2026. These financial ratios cover 38 quarters of results from Mar 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||||||||||
| Gross Margin | 79.64% | 79.52% | 79.93% | 81.53% | 81.44% | 80.66% | 80.89% | 80.71% | 81.11% | 80.79% | 83.24% | 83.14% | 82.55% | 81.23% | 81.32% | 80.23% | 79.78% | 79.24% | 79.65% | 80.21% | ||||||||||||||||||
| EBT Margin | 13.83% | 15.17% | 16.68% | 13.81% | 16.62% | -13.09% | 14.33% | 9.48% | 21.41% | 42.88% | 23.93% | 21.06% | 20.77% | 14.36% | 27.13% | 23.62% | 24.78% | 22.49% | 22.46% | 18.64% | ||||||||||||||||||
| EBIT Margin | 14.05% | 12.41% | 15.91% | 14.48% | 15.11% | -13.43% | 13.76% | 9.08% | 20.65% | 42.11% | 22.73% | 20.02% | 20.01% | 13.66% | 29.42% | 26.91% | 27.54% | 25.50% | 27.45% | 26.10% | ||||||||||||||||||
| EBITDA Margin | 14.05% | 12.41% | 15.91% | 14.48% | 15.11% | -13.43% | 13.76% | 9.08% | 20.65% | 42.11% | 22.73% | 20.02% | 20.01% | 13.66% | 29.42% | 26.91% | 27.54% | 25.50% | 27.45% | 26.10% | ||||||||||||||||||
| Operating Margin | 14.05% | 12.41% | 15.91% | 14.48% | 15.11% | -13.43% | 13.76% | 9.08% | 20.65% | 42.11% | 22.73% | 20.02% | 20.01% | 13.66% | 29.42% | 26.91% | 27.54% | 25.50% | 27.45% | 26.10% | ||||||||||||||||||
| Net Margin | 13.74% | 22.03% | 14.17% | 10.83% | 14.08% | 54.83% | 11.29% | 6.94% | 18.03% | 35.80% | 20.96% | 17.42% | 16.70% | 15.97% | 24.06% | 20.07% | 19.51% | 17.09% | 18.19% | 15.17% | ||||||||||||||||||
| FCF Margin | 40.26% | 28.54% | 23.24% | 35.95% | 41.49% | 30.34% | 22.58% | 29.65% | 38.94% | 29.97% | 26.34% | 35.41% | 42.28% | 32.71% | 24.60% | 41.31% | 46.30% | 35.35% | 32.30% | 37.24% | ||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 3.33B | 3.22B | 2.97B | 2.81B | 2.73B | 2.91B | 3.05B | 2.97B | 2.97B | 3.00B | 2.89B | 2.76B | 2.65B | 2.95B | 3.14B | 2.87B | 2.79B | 2.82B | 2.94B | 2.93B | ||||||||||||||||||
| Invested CapitalInvested Cap. | -0.17B | 0.22B | 0.58B | 0.35B | 0.27B | 0.33B | 0.60B | 0.42B | ||||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.63 | 0.67 | 0.74 | 0.80 | 0.84 | 0.80 | 0.78 | 0.82 | 0.83 | 0.83 | 0.87 | 0.92 | 0.96 | 0.86 | 0.81 | 0.88 | 0.91 | 0.89 | 0.86 | 0.86 | ||||||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.29 | 0.56 | 0.60 | 0.64 | 0.75 | 0.86 | 0.92 | |||||||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 147.96 | 73.95 | 107.06 | 121.98 | 88.38 | 23.82 | 107.69 | 209.66 | 80.71 | 43.67 | 60.19 | 64.81 | 73.00 | 86.47 | 49.65 | 60.89 | 62.35 | 62.12 | 45.70 | 63.00 | ||||||||||||||||||
| Price to SalesP/S | 20.33 | 16.29 | 15.17 | 13.21 | 12.44 | 13.06 | 12.16 | 14.55 | 14.55 | 15.63 | 12.61 | 11.29 | 12.19 | 13.81 | 11.95 | 12.22 | 12.17 | 10.61 | 8.31 | 9.56 | ||||||||||||||||||
| Price to BookP/B | -68.79 | -31.35 | -18.42 | -13.93 | -12.44 | -25.27 | -20.35 | -21.99 | -26.29 | -59.87 | -28.73 | -19.29 | -14.26 | -11.81 | -6.94 | -5.86 | -5.04 | -3.76 | -2.60 | -2.76 | ||||||||||||||||||
| Enterprise Value | 9.26B | 7.50B | 7.04B | 6.12B | 5.90B | 6.48B | 6.18B | 7.83B | 7.90B | 8.57B | 6.79B | 6.10B | 6.90B | 7.29B | 6.28B | 6.69B | 6.79B | 5.71B | 3.94B | 4.92B | ||||||||||||||||||
| EV to EBIT | 119.75 | 106.79 | 78.63 | 73.78 | 66.07 | -80.55 | 73.46 | 138.58 | 60.45 | 32.05 | 47.30 | 48.02 | 53.98 | 82.99 | 34.18 | 39.74 | 38.89 | 35.23 | 22.82 | 29.86 | ||||||||||||||||||
| EV to EBITDA | 119.75 | 106.79 | 78.63 | 73.78 | 66.07 | -80.55 | 73.46 | 138.58 | 60.45 | 32.05 | 47.30 | 48.02 | 53.98 | 82.99 | 34.18 | 39.74 | 38.89 | 35.23 | 22.82 | 29.86 | ||||||||||||||||||
| Market Capitalization | 11.19B | 9.21B | 8.53B | 7.56B | 7.35B | 7.82B | 7.43B | 9.06B | 9.21B | 9.93B | 7.96B | 7.16B | 7.79B | 8.89B | 7.46B | 7.65B | 7.72B | 6.75B | 5.23B | 6.04B | ||||||||||||||||||
| Price to FCFP/FCF | 50.50 | 57.09 | 65.29 | 36.73 | 29.99 | 43.04 | 53.85 | 49.06 | 37.36 | 52.16 | 47.88 | 31.87 | 28.84 | 42.23 | 48.55 | 29.58 | 26.28 | 30.02 | 25.74 | 25.66 | ||||||||||||||||||
| EV to FCF | 41.79 | 46.45 | 53.84 | 29.71 | 24.06 | 35.64 | 44.77 | 42.41 | 32.05 | 45.03 | 40.81 | 27.14 | 25.54 | 34.65 | 40.88 | 25.89 | 23.13 | 25.41 | 19.40 | 20.92 | ||||||||||||||||||
| EV to CFO | 39.99 | 46.08 | 49.77 | 29.14 | 23.47 | 33.28 | 44.16 | 41.74 | 30.87 | 42.79 | 38.67 | 26.45 | 25.16 | 34.12 | 40.85 | 25.69 | 22.49 | 24.28 | 19.28 | 20.63 | ||||||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 14.05% | 12.41% | 15.91% | 14.48% | 15.11% | -13.43% | 13.76% | 9.08% | 20.65% | 42.11% | 22.73% | 20.02% | 20.01% | 13.66% | 29.42% | 26.91% | 27.54% | 25.50% | 27.45% | 26.10% | ||||||||||||||||||
| Return on Capital Employed [ROCE]ROCE | -6.60% | 13.45% | 17.33% | 19.16% | 21.08% | 10.60% | 9.26% | 8.36% | 10.74% | 30.00% | 34.70% | 42.48% | 46.05% | 27.94% | 40.37% | 56.05% | 69.52% | 74.35% | 38.48% | 38.55% | ||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | 117.15% | 109.39% | 177.08% | 189.72% | 116.67% | 104.56% | ||||||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | -4.04% | 10.44% | 12.38% | 12.19% | 12.80% | 19.03% | 17.78% | 17.66% | 18.64% | 15.13% | 17.88% | 21.18% | 21.79% | 15.33% | 14.97% | 16.92% | 18.03% | 18.03% | 16.09% | 15.12% |