Dropbox Financial Statements From 2010 to 2024

DBX Stock  USD 22.76  0.04  0.18%   
Dropbox financial statements provide useful quarterly and yearly information to potential Dropbox investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Dropbox financial statements helps investors assess Dropbox's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Dropbox's valuation are summarized below:
Gross Profit
1.9 B
Profit Margin
0.1813
Market Capitalization
7.7 B
Enterprise Value Revenue
3.3808
Revenue
2.5 B
We have found one hundred twenty available fundamental signals for Dropbox, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Dropbox prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.

Dropbox Total Revenue

1.77 Billion

Check Dropbox financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dropbox main balance sheet or income statement drivers, such as Interest Income of 9.3 M, Depreciation And Amortization of 191.1 M or Interest Expense of 16 M, as well as many exotic indicators such as Price To Sales Ratio of 8.01, Dividend Yield of 0.0 or Days Sales Outstanding of 6.7. Dropbox financial statements analysis is a perfect complement when working with Dropbox Valuation or Volatility modules.
  
This module can also supplement Dropbox's financial leverage analysis and stock options assessment as well as various Dropbox Technical models . Check out the analysis of Dropbox Correlation against competitors.
For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.

Dropbox Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.3 BB1.8 B
Slightly volatile
Other Current Liabilities271.9 M264.4 M268.1 M
Pretty Stable
Total Current LiabilitiesB1.2 B806.9 M
Slightly volatile
Other Liabilities55.6 M100.9 M75.2 M
Pretty Stable
Accounts Payable31.8 M38.5 M25.2 M
Slightly volatile
Cash472.4 M614.9 M394.5 M
Slightly volatile
Other Assets0.951.0100.8 M
Slightly volatile
Long Term Debt770.6 M1.4 B615.5 M
Slightly volatile
Cash And Short Term Investments1.1 B1.4 B786.8 M
Slightly volatile
Net Receivables42.1 M75.6 M30.5 M
Slightly volatile
Good Will247 M402.2 M183.2 M
Slightly volatile
Common Stock Shares Outstanding425.6 M345.6 M380 M
Slightly volatile
Long Term Debt Total1.7 B1.6 B591.4 M
Slightly volatile
Capital Surpluse1.9 B2.9 B1.3 B
Slightly volatile
Other Current Assets66.8 M61.6 M41.3 M
Slightly volatile
Other Stockholder EquityB2.6 B1.2 B
Slightly volatile
Total Liabilities2.2 B3.2 B1.6 B
Slightly volatile
Deferred Long Term Liabilities32.4 M29.6 M21.6 M
Slightly volatile
Short and Long Term Debt226.2 M187.9 M268.4 M
Slightly volatile
Total Current Assets1.2 B1.5 B880.3 M
Slightly volatile
Short Term Debt137.7 M173.6 M227 M
Slightly volatile
Intangible Assets45.2 M58.1 M38.7 M
Slightly volatile
Property Plant Equipment588.6 M654.4 M514.1 M
Slightly volatile
Short and Long Term Debt Total1.3 BB816.9 M
Slightly volatile
Property Plant And Equipment Net660.9 M493 M542.1 M
Slightly volatile
Current Deferred Revenue621.5 M725 M483.9 M
Slightly volatile
Non Current Assets Total1.2 B1.5 B888.5 M
Slightly volatile
Non Currrent Assets Other71 M76.6 M49.8 M
Slightly volatile
Liabilities And Stockholders Equity2.5 BB1.8 B
Slightly volatile
Non Current Liabilities Total1.2 BB772 M
Slightly volatile
Capital Lease Obligations727.8 M652.8 M504.3 M
Slightly volatile
Property Plant And Equipment Gross741.6 M1.1 B586.6 M
Slightly volatile
Preferred Stock Total Equity492.2 M553.8 M603 M
Slightly volatile
Non Current Liabilities Other86.3 M90.8 M164.9 M
Slightly volatile
Short Term Investments920.5 M741.1 M700.1 M
Slightly volatile
Long Term Investments7.8 M8.8 M9.6 M
Slightly volatile

Dropbox Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income9.3 M10.5 M11.1 M
Very volatile
Depreciation And Amortization191.1 M170.1 M166.9 M
Slightly volatile
Selling General Administrative221.7 M237.1 M171.7 M
Slightly volatile
Selling And Marketing Expenses409 M466 M314.7 M
Slightly volatile
Total Revenue1.8 B2.5 B1.3 B
Slightly volatile
Gross Profit1.3 BB869.9 M
Slightly volatile
Other Operating Expenses1.8 B2.1 B1.4 B
Slightly volatile
Research Development686.1 M936.5 M487.2 M
Slightly volatile
Cost Of Revenue458.8 M478.5 M416.7 M
Slightly volatile
Total Operating Expenses1.3 B1.6 B973.6 M
Slightly volatile
Reconciled Depreciation132.2 M166.6 M170.8 M
Slightly volatile
Non Operating Income Net Other8.8 M9.3 M10.6 M
Slightly volatile
Non Recurring161.3 M157.7 M327 M
Slightly volatile

Dropbox Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation306.4 M338 M209.6 M
Slightly volatile
Begin Period Cash Flow338.6 M232.8 M449.2 M
Slightly volatile
Depreciation133.4 M170.1 M158.8 M
Pretty Stable
Capital Expenditures23.4 M24.6 M69.7 M
Slightly volatile
Total Cash From Operating Activities541.8 M783.7 M336.6 M
Slightly volatile
End Period Cash Flow477.4 M614.9 M411.2 M
Slightly volatile
Change To Netincome118.9 M125.1 M195 M
Slightly volatile
Cash Flows Other Operating179.2 M129.2 M188.1 M
Very volatile
Issuance Of Capital Stock2.4 M2.5 M464.8 M
Slightly volatile
Change To Inventory4.9 MM6.8 M
Slightly volatile
Dividends Paid85.5 K90 K1.3 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.014.020910.5409
Slightly volatile
Dividend Yield0.00.00.1338
Slightly volatile
Days Sales Outstanding6.711.03057.1995
Slightly volatile
Operating Cash Flow Per Share2.412.29690.9624
Slightly volatile
Stock Based Compensation To Revenue0.20.13510.1568
Pretty Stable
EV To Sales7.024.58688.6595
Slightly volatile
Payables Turnover16.7912.428619.3398
Slightly volatile
Sales General And Administrative To Revenue0.140.09480.1498
Slightly volatile
Research And Ddevelopement To Revenue0.30.37440.3619
Pretty Stable
Cash Per Share2.273.97422.062
Slightly volatile
POCF Ratio12.1912.8347287
Slightly volatile
Payout Ratio2.0E-43.0E-43.7928
Slightly volatile
Days Payables Outstanding21.1729.367821.3151
Slightly volatile
EV To Operating Cash Flow22.6614.641228.5191
Slightly volatile
EV To Free Cash Flow30.115.115647.9952
Slightly volatile
Intangibles To Total Assets0.0960.15140.1182
Pretty Stable
Current Ratio0.921.24280.9358
Slightly volatile
Receivables Turnover46.4533.089940.4323
Slightly volatile
Graham Number2.983.81253.0361
Slightly volatile
Revenue Per Share7.77.33183.6561
Slightly volatile
Interest Debt Per Share2.394.59142.0386
Slightly volatile
Debt To Assets0.340.51040.3504
Slightly volatile
Short Term Coverage Ratios2.994.51442.9841
Slightly volatile
Operating Cycle6.711.03057.1995
Slightly volatile
Days Of Payables Outstanding21.1729.367821.3151
Slightly volatile
Dividend Payout Ratio2.0E-43.0E-43.7928
Slightly volatile
Price To Operating Cash Flows Ratio12.1912.8347287
Slightly volatile
Long Term Debt To Capitalization0.581.13680.6277
Slightly volatile
Total Debt To Capitalization0.621.11970.7282
Slightly volatile
Quick Ratio0.861.19150.864
Slightly volatile
Net Income Per E B T0.970.81821.1241
Pretty Stable
Cash Ratio0.520.51180.5067
Slightly volatile
Operating Cash Flow Sales Ratio0.220.31330.1921
Slightly volatile
Days Of Sales Outstanding6.711.03057.1995
Slightly volatile
Cash Flow Coverage Ratios0.480.50520.9363
Slightly volatile
Fixed Asset Turnover2.565.07422.6374
Slightly volatile
Price Cash Flow Ratio12.1912.8347287
Slightly volatile
Debt Ratio0.340.51040.3504
Slightly volatile
Cash Flow To Debt Ratio0.480.50520.9363
Slightly volatile
Price Sales Ratio8.014.020910.5409
Slightly volatile
Asset Turnover0.880.8230.8241
Pretty Stable
Gross Profit Margin0.550.80870.558
Slightly volatile

Dropbox Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB10.1 B11 B
Slightly volatile
Enterprise Value8.8 B9.8 B10.7 B
Slightly volatile

Dropbox Fundamental Market Drivers

Forward Price Earnings10.8342
Cash And Short Term Investments1.4 B

Dropbox Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Dropbox Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dropbox income statement, its balance sheet, and the statement of cash flows. Dropbox investors use historical funamental indicators, such as Dropbox's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dropbox investors may use each financial statement separately, they are all related. The changes in Dropbox's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dropbox's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dropbox Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dropbox. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue725 M621.5 M
Total Revenue2.5 B1.8 B
Cost Of Revenue478.5 M458.8 M
Stock Based Compensation To Revenue 0.14  0.20 
Sales General And Administrative To Revenue 0.09  0.14 
Research And Ddevelopement To Revenue 0.37  0.30 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 7.33  7.70 
Ebit Per Revenue 0.15  0.16 

Pair Trading with Dropbox

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dropbox position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dropbox will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dropbox Stock

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The ability to find closely correlated positions to Dropbox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dropbox when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dropbox - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dropbox to buy it.
The correlation of Dropbox is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dropbox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dropbox moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dropbox can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dropbox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dropbox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dropbox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dropbox Stock:
Check out the analysis of Dropbox Correlation against competitors.
For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.
Note that the Dropbox information on this page should be used as a complementary analysis to other Dropbox's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Dropbox's price analysis, check to measure Dropbox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dropbox is operating at the current time. Most of Dropbox's value examination focuses on studying past and present price action to predict the probability of Dropbox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dropbox's price. Additionally, you may evaluate how the addition of Dropbox to your portfolios can decrease your overall portfolio volatility.
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Is Dropbox's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dropbox. If investors know Dropbox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dropbox listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Earnings Share
1.31
Revenue Per Share
7.332
Quarterly Revenue Growth
0.06
Return On Assets
0.0787
The market value of Dropbox is measured differently than its book value, which is the value of Dropbox that is recorded on the company's balance sheet. Investors also form their own opinion of Dropbox's value that differs from its market value or its book value, called intrinsic value, which is Dropbox's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dropbox's market value can be influenced by many factors that don't directly affect Dropbox's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dropbox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dropbox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dropbox's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.