In Q1 FY2026 (ended March 31, 2026), Dropbox reported revenue of $629.5 million, up 0.8% year-over-year. Net income was $114.5 million, down 23.8% from the prior year. Operating income fell 6.0% to $172.8 million, and diluted EPS decreased 5.9% to $0.48. The company held $1.21 billion in cash and had negative equity of $2.01 billion.
•Revenue grew 0.8% YoY to $629.5 million.
•Net income declined 23.8% YoY to $114.5 million.
•Operating income fell 6.0% YoY to $172.8 million.
•Diluted EPS decreased 5.9% YoY to $0.48.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Dropbox provides a content collaboration platform in the United States and globally. 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. Incorporated in 2007 and headquartered in San Francisco, California, Dropbox was formerly known as Evenflow, Inc. before rebranding in October 2009.
Dropbox, Inc. provides a content collaboration platform that enables individuals, families, teams, and organizations to collaborate on content. Its platform includes a unified home for content, a global sharing network, and various product experiences and integrations. Users can access Dropbox for free through its website or app, or choose a paid subscription plan for premium features. The company serves customers across multiple industries, including professional services, technology, media, education, industrial, consumer and retail, and financial services. Dropbox operates in the United States and globally, offering tools for file storage, sharing, and collaboration.
Where is Dropbox (DBX) listed and in which currency?
Dropbox, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol DBX. Its shares are traded in US Dollars (USD), as the company is headquartered in the United States. The exchange is one of the major US stock exchanges, providing liquidity and visibility for investors. The currency denomination is USD, reflecting the company's primary operating and reporting currency.
What sector and industry does Dropbox (DBX) belong to?
Dropbox, Inc. operates in the Technology sector and is classified under the Software - Infrastructure industry. This industry includes companies that provide software platforms and infrastructure services for data storage, collaboration, and content management. Dropbox's focus on cloud-based content collaboration aligns with this classification, as it offers infrastructure that enables users to store, share, and work on files seamlessly across devices and locations.
Where is Dropbox (DBX) headquartered and what markets does it serve?
Dropbox, Inc. is headquartered in San Francisco, California, United States. It was incorporated in 2007 and originally named Evenflow, Inc. before rebranding to Dropbox in October 2009. The company serves customers in the United States and globally, catering to a wide range of industries including professional services, technology, media, education, industrial, consumer and retail, and financial services. Its platform is used by individuals, families, teams, and organizations worldwide for content collaboration.
How does Dropbox (DBX) generate revenue?
Dropbox generates revenue primarily through a freemium business model. Users can access basic features for free via its website or app, while premium features are available through paid subscription plans. These plans offer additional storage, advanced sharing controls, enhanced security, and other productivity tools. The company targets both individual users and organizations, with tiered pricing for teams and enterprises. By providing a unified content collaboration platform that integrates with various third-party applications, Dropbox attracts a broad customer base across multiple sectors, driving subscription revenue.