Inside the research

Dropbox, Inc.

DBX Research profile · latest available data

Price overview

$32.32

▼ -0.34 (-1.0%)

52w hi$37.74
52w lo$22.06
Vol4.04M
As of25 Sep 2026

The Verdict

Buy

Our score +0.74

Short+0.38
Medium+1.03
Long+0.84

computed 2026-09-27

Key fundamentals

Dropbox, Inc.

Technology · Software - Infrastructure

Market cap$7.03B
Enterprise value$9.89B
Trailing P/E17.86x
Forward P/E9.78x
EV / EBITDA11.91x
P / S (ttm)2.78x
Profit margin17.5%
Revenue growth+0.9%
Earnings growth-6.7%

Layer Breakdown

LayerRawContribution
Fundamental+0.28
Sector+0.19
Technical+0.40
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company's platform enables individuals, families, teams, and organizations to collaborate for free through its website or app, or through a paid subscription plan for premium features. Its platform consists of various elements, such as unified home for content, global sharing network, and product experiences and integrations. The company serves customers in the professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

United States · www.dropbox.com

Risk Metrics

Beta vs SPX0.72
Corr SPX0.33
Annual vol34.7%
Annual ret+19.5%
Sharpe0.56
Max DD-33.7%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-08-06Earnings Release, Reg FD Disclosure…read
2026-06-01Material Agreement, Material Obligation…read
2026-05-26Shareholder Vote, Exhibitsread
2026-05-26Officer / Director Change, Reg FD Disclosure…read
2026-05-07Earnings Release, Reg FD Disclosure…read
2026-02-19Earnings Release, Reg FD Disclosure…read
2025-12-10Officer / Director Change, Reg FD Disclosure…read
2025-11-06Earnings Release, Reg FD Disclosure…read
2025-09-09Material Agreement, Material Obligation…read
2025-08-25Officer / Director Changeread
2025-08-07Earnings Release, Reg FD Disclosure…read
2025-05-19Shareholder Voteread

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-31Schubach Sarah ElizabethChief Accounting OfficerSell1.63K$51.59K
2026-07-29Peacock KarenSell2.00K$66.00K
2026-07-15Schubach Sarah ElizabethChief Accounting OfficerSell1.31K$39.35K
2026-07-14Dasdan AliChief Technology OfficerSell12.97K$389.16K
2026-07-07Peacock KarenSell2.00K$58.00K
2026-06-30Schubach Sarah ElizabethChief Accounting OfficerSell1.30K$35.38K
2026-06-15Schubach Sarah ElizabethChief Accounting OfficerSell1.31K$35.13K
2026-06-02Alkarmi AshrafCo-CEOSell22.70K$632.50K
2026-06-01Alkarmi AshrafCo-CEOGrant478.55K—
2026-06-01Schubach Sarah ElizabethChief Accounting OfficerSell1.30K$36.10K

Flow & Concentration

Insider 180d net-$1.34M
Insider buys / sells0 / 9
Insider biasNeutral
13F holders9
Top-5 share97.8%
HHI4,493 (concentrated)

Top Holders

HolderValueShares
Renaissance Technologies$198.16M7.21M
AQR Capital Management$47.42M1.73M
Fidelity / FMR LLC$27.19M989.86K
State Street Corp$19.29M19.16M
Citadel Advisors$9.57M348.41K
Millennium Management$4.28M4.23M
Bridgewater Associates$2.50M91.13K
T. Rowe Price Group$3.87K140.84K
Capital Research / Capital World$1.01K1.00K

As of 2026-06-30

SEC Filings

DateFormDoc
2026-08-0710-Qview
2026-08-068-Kview
2026-08-044view
2026-07-314view
2026-07-174view
2026-07-173view
2026-07-164view
2026-07-094view
2026-07-024view
2026-06-174view
2026-06-034view
2026-06-034view
2026-06-018-Kview
2026-05-264view
2026-05-264view

The Long Run

FY 2018–2025 · 8 years

LineLatestCAGRTrend
Revenue$2.50B+8.7%
Gross profit$2.02B+23.8%
Operating income$486.20M+33.1%
Net income$452.30M-6.5%
Cash from ops$894.10M+15.3%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$32.66$32.81$32.21$32.324.04M
Sep 24$33.08$33.76$32.42$32.666.63M
Sep 23$33.92$34.31$33.30$34.225.12M
Sep 22$36.46$36.56$33.13$33.9010.20M
Sep 21$36.35$36.66$35.72$36.013.82M

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