Dropbox (DBX)
Information Technology · Cloud content collaboration and productivity platform
Dropbox is a cloud content platform where teams and individuals create, access, share, and collaborate on files globally, with expanding capabilities including AI search, e-signatures, and document sharing.
What Dropbox does
Dropbox operates a cloud-based content collaboration platform serving over 700 million registered users and 18 million paying customers across 180 countries. The company generates revenue primarily through subscription plans for individuals, families, and teams, with offerings including core file storage and sync, plus complementary products like Dropbox Sign (e-signatures), DocSend (document sharing and analytics), Dash (AI-powered search), and FormSwift (form creation). The platform emphasizes simplifying work by reducing fragmentation across tools, enabling content creation, sharing, and team collaboration from any device.
Themes: ["Cloud content collaboration","File storage and sync","Team collaboration / productivity","E-signatures","Document management and analytics","AI-powered search and productivity","Distributed/remote work enablement"]
Fundamentals
- Price$29.41 as of 2026-07-09 close
- Market cap$6.5B as of 2026-07-10
- 1-year return+6.3% as of 2026-07-09 close
- P/E13.83 as of 2026-07-10
- Net margin+18.7% as of 2026-07-10
- Gross margin+79.7% as of 2026-07-10
- ROE-36.8% as of 2026-07-10
- Debt / equity0.81 as of 2026-07-10
- Revenue growth (YoY)-0.6% as of 2026-07-10
- Revenue CAGR (3y)+2.7% SEC XBRL
- Beta0.65 as of 2026-07-10
Key risks (from latest filing)
["Revenue growth is declining (down 0.62% YoY as of filing date), with planned wind-down of FormSwift negatively impacting ARR and revenue","Increasing customer preference for monthly billing over annual plans reduces revenue predictability and upfront cash collections","Significant reliance on self-serve channels (90%+ of revenue), making the business vulnerable to changes in bottom-up adoption and marketing effectiveness"]
Competitors & peers
- Microsoft OneDrive
- Google Drive
- Box (BOX)
- Slack (acquired by Salesforce)
- Adobe Sign
- Zoom
- Microsoft 365 suite
- Atlassian products
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.