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DBX DROPBOX, INC.

Trailing twelve months to 2026-06-30 · as filed 2026-08-07, not restated
Technology

Scale

Market cap
$7.6bn
Revenue TTM
$2.5bn
Net income TTM
$443m
Free cash flow
$957m
Composite score
80.1
Sector rank
#853

Valuation

P / E
17.1
EV / EBITDA
7.8
EV / sales
2.5
FCF yield
12.66%
Earnings yield vs 10-yr
1.13pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
17.5%
EBITDA margin
32.8%
ROE
-20.2%
ROIC
Revenue growth
-0.1%

Insider activity, last 90 days

Net open-market
$-2.33m
Buyers
0
Sellers
5

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

FormSwift primarily sells within the United States, and the majority of its sales are in U.S. dollars. We made the strategic decision to significantly reduce investments in FormSwift at the beginning of 2025 and plan to wind down operations by the end of 2026, which has negatively impacted our annual recurring revenue ("ARR"), revenue and paying users. DocSend primarily sells within the United States, and the majority of sales are in U.S. dollars. We also offer Dropbox Sign, as our e-signature solution. Our Customers Our customer base is highly diversified, and in the period presented, no customer accounted for more than 1% of our revenue. …DROPBOX, INC., 10-Q, period ended 2026-06-30, filed 2026-08-07

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