DBX - Dropbox Stock

Market Summary

USD27.30+0.07

Market Closed

0.26%

DBX Alerts

1 major insider sales recently.

DBX Stock Price

DBX RSI Chart

DBX Valuation

Market Cap

9.3B

Price/Earnings (Trailing)

17.8

Price/Sales (Trailing)

3.85

EV/EBITDA

52.94

Price/Free Cashflow

12.44

DBX Price/Sales (Trailing)

DBX Profitability

EBT Margin

7.86%

Return on Equity

-178.8%

Return on Assets

18.12%

Free Cashflow Yield

8.04%

DBX Fundamentals

DBX Revenue

Revenue (TTM)

2.4B

Revenue Y/Y

8.7%

Revenue Q/Q

1.87%

DBX Earnings

Earnings (TTM)

523.7M

Earnings Y/Y

-30.32%

Earnings Q/Q

-37.39%

Price Action

52 Week Range

18.7128.68

(Low)(High)

Last 7 days

0.2%

Last 30 days

-2.0%

Last 90 days

2.5%

Trailing 12 Months

31.8%

DBX Financial Health

Current Ratio

1.21

DBX Investor Care

Buy Backs (1Y)

6.23%

Diluted EPS (TTM)

1.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for DBX

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-09-15	Regan Timothy	sold	-81,270	27.0902	-3,000	chief financial officer
2023-09-15	Volkmer Bart	sold	-191,437	27.1388	-7,054	chief legal officer
2023-09-05	Volkmer Bart	sold	-196,165	27.6756	-7,088	chief legal officer
2023-09-05	Volkmer Bart	acquired	-	-	5,360	chief legal officer
2023-08-30	Regan Timothy	sold	-83,141	27.7137	-3,000	chief financial officer
2023-08-15	Regan Timothy	sold (taxes)	-751,048	28.35	-26,492	chief financial officer
2023-08-15	Volkmer Bart	sold (taxes)	-478,179	28.35	-16,867	chief legal officer
2023-08-15	Regan Timothy	sold	-84,495	28.1653	-3,000	chief financial officer
2023-08-10	Houston Andrew	sold	-4,498,800	27.6849	-162,500	chief executive officer
2023-08-10	Regan Timothy	sold	-2,081,840	27.7578	-75,000	chief financial officer

Which funds bought or sold DBX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-09-21	Jefferies Group LLC	added	108	376,386	731,789	0.01%
2023-09-20	BARCLAYS PLC	added	23.32	13,758,000	40,161,000	0.03%
2023-09-13	CGC Financial Services, LLC	new	-	1,334	1,334	-%
2023-09-12	Farther Finance Advisors, LLC	added	4.79	924	4,081	-%
2023-09-11	BLUEFIN CAPITAL MANAGEMENT, LLC	reduced	-99.00	176,188	1,913,000	0.36%
2023-08-29	Garde Capital, Inc.	new	-	108,000	108,000	0.01%
2023-08-24	Alberta Investment Management Corp	reduced	-18.61	12,699	3,133,000	0.03%
2023-08-23	WOLVERINE TRADING, LLC	added	13.83	149,536	482,536	-%
2023-08-22	Asset Dedication, LLC	unchanged	-	-	1,000	-%
2023-08-22	VIRGINIA RETIREMENT SYSTEMS ET AL	added	58.82	15,928,600	32,535,900	0.31%

Latest Funds Activity

Are funds buying DBX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DBX

No. of Funds

DBX Alerts

1 major insider sales recently.

Schedule 13G FIlings of Dropbox

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jul 07, 2023	blackrock inc.	14.0%	37,423,675	SC 13G/A
Feb 14, 2023	ameriprise financial inc	6.00%	16,814,632	SC 13G
Feb 13, 2023	houston andrew	25.0%	90,377,357	SC 13G/A
Feb 09, 2023	vanguard group inc	10.57%	29,649,959	SC 13G/A
Jan 31, 2023	blackrock inc.	7.1%	19,920,526	SC 13G/A
Mar 11, 2022	blackrock inc.	6.5%	20,133,494	SC 13G
Feb 11, 2022	houston andrew	23.5%	91,867,582	SC 13G/A
Feb 09, 2022	vanguard group inc	10.07%	31,220,139	SC 13G/A
Feb 08, 2022	blackrock inc.	6.5%	20,133,494	SC 13G
Dec 09, 2021	vanguard group inc	10.21%	31,634,548	SC 13G/A

Recent SEC filings of Dropbox

View All Filings

Date Filed	Form Type	Document
Oct 02, 2023	144	Notice of Insider Sale Intent
Sep 29, 2023	144	Notice of Insider Sale Intent
Sep 19, 2023	4	Insider Trading
Sep 19, 2023	4	Insider Trading
Sep 15, 2023	144	Notice of Insider Sale Intent
Sep 15, 2023	144	Notice of Insider Sale Intent
Sep 07, 2023	4	Insider Trading
Sep 05, 2023	144	Notice of Insider Sale Intent
Sep 01, 2023	4	Insider Trading
Aug 30, 2023	144	Notice of Insider Sale Intent

DBX Fair Value

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Peers (Alternatives to Dropbox)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	2.4T	211.9B	-2.09%	38.56%	33.05	11.29	6.88%	-0.52%
ADBE	237.6B	18.9B	-7.47%	89.36%	46.4	12.58	9.86%	6.40%
AZPN	-	-	4.66%	-14.69%	-	-	-	-
ORCL	292.3B	51.0B	-11.76%	75.63%	31.17	5.74	15.41%	61.40%
CRM	198.6B	33.1B	-8.04%	41.62%	125.87	6.01	14.81%	194.40%
ZM	21.0B	4.5B	-2.24%	-4.73%	147.96	4.7	3.92%	-85.69%
MID-CAP
APPN	3.3B	506.6M	-10.09%	9.11%	-20.65	6.42	20.13%	-27.36%
MANH	12.3B	848.2M	-1.16%	49.49%	84.02	14.46	19.21%	23.01%
GWRE	7.4B	905.3M	4.13%	46.31%	-47.54	8.14	11.41%	-3.11%
SMALL-CAP
ZUO	1.1B	415.3M	-11.29%	10.70%	-5.96	2.68	11.66%	-68.02%
YEXT	779.1M	403.2M	-31.24%	40.13%	-32.52	1.93	0.77%	74.48%
UPLD	144.3M	309.9M	19.14%	-45.63%	-0.78	0.47	-0.26%	-219.50%

Dropbox News

Returns for DBX

Cumulative Returns on DBX

0.8%

5-Year Cumulative Returns

12.5%

3-Year Cumulative Returns

Risks for DBX

What is the probability of a big loss on DBX?

85%

Probability that Dropbox stock will be more than 20% underwater in next one year

48.1%

Probability that Dropbox stock will be more than 30% underwater in next one year.

13.1%

Probability that Dropbox stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DBX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Dropbox was unfortunately bought at previous high price.

Drawdowns

Financials for Dropbox

Income Statement (Last 12 Months)

Income Statement (Last 12 Months)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	2.1%	2,423,400,000	2,373,600,000	2,324,900,000	2,291,600,000	2,250,800,000	2,208,700,000	2,157,900,000	2,096,500,000	2,033,700,000	1,970,500,000	1,913,900,000	1,855,800,000	1,796,600,000	1,730,700,000	1,661,300,000	1,591,200,000	1,523,300,000	1,461,000,000	1,391,700,000	1,321,300,000	1,247,700,000
Gross Profit	1.8%	1,961,000,000	1,925,500,000	1,880,700,000	1,847,400,000	1,804,300,000	1,760,900,000	1,713,700,000	1,662,300,000	1,608,300,000	1,549,700,000	1,499,300,000	1,442,100,000	1,381,300,000	1,315,000,000	1,250,300,000	1,190,700,000	1,137,400,000	1,088,500,000	997,000,000	929,300,000	854,400,000
Operating Expenses	3.5%	1,811,500,000	1,749,600,000	1,699,400,000	1,515,500,000	1,484,400,000	1,439,500,000	1,439,300,000	1,804,700,000	1,798,000,000	1,811,000,000	1,776,300,000	1,379,100,000	1,366,900,000	1,347,400,000	1,330,800,000	1,276,600,000	1,213,600,000	1,137,900,000	1,491,000,000	1,448,600,000	1,381,100,000
S&GA Expenses	3.7%	448,800,000	432,900,000	409,400,000	412,600,000	424,700,000	420,500,000	427,500,000	429,100,000	419,200,000	421,200,000	422,800,000	419,200,000	421,600,000	426,100,000	423,300,000	417,200,000	404,000,000	384,100,000	439,600,000	442,300,000	422,000,000
R&D Expenses	5.2%	964,100,000	916,300,000	891,900,000	855,300,000	815,000,000	785,500,000	755,900,000	730,600,000	726,600,000	726,900,000	727,500,000	727,800,000	717,300,000	693,900,000	662,100,000	622,000,000	582,400,000	539,700,000	768,200,000	735,400,000	699,400,000
EBITDA	-100.0%	-	194,700,000	200,900,000	-	477,100,000	494,800,000	443,500,000	-	-	-234,000,000	-240,600,000	102,700,000	53,700,000	11,000,000	-42,200,000	-48,700,000	-39,300,000	-21,500,000	-471,800,000	-500,600,000	-508,200,000
EBITDA Margin	-100.0%	-	0.08	0.09	-	0.21	0.22	0.21	-	-	-0.12	-0.13	0.06	0.03	0.01	-0.03	-0.03	-0.03	-0.01	-0.34	-0.38	-0.41
Interest Expenses	-	-	-	8,200,000	-	-	-	8,500,000	-	-	-	9,600,000	-	-	-	9,800,000	-	-	-	8,300,000	-	-
Earnings Before Taxes	-10.8%	166,400,000	186,500,000	192,700,000	356,900,000	334,800,000	346,700,000	299,300,000	-132,000,000	-174,500,000	-243,600,000	-250,200,000	92,900,000	43,900,000	1,200,000	-52,000,000	-57,000,000	-47,600,000	-29,800,000	-480,100,000	-511,400,000	-519,000,000
EBT Margin	-100.0%	-	0.08	0.08	0.16	0.15	0.16	0.14	-0.06	-0.09	-0.12	-0.13	0.05	0.02	0.00	-0.03	-0.04	-0.03	-0.02	-0.34	-0.39	-0.42
Net Income	-3.5%	523,700,000	542,500,000	553,200,000	349,500,000	341,900,000	367,900,000	335,800,000	-134,600,000	-177,500,000	-248,000,000	-256,300,000	82,900,000	33,200,000	-5,700,000	-52,700,000	-55,600,000	-44,400,000	-27,100,000	-484,900,000	-513,100,000	-521,400,000
Net Income Margin	-100.0%	-	0.23	0.24	0.15	0.15	0.17	0.16	-0.06	-0.09	-0.13	-0.13	0.04	0.02	0.00	-0.03	-0.03	-0.03	-0.02	-0.35	-0.39	-0.42
Free Cashflow	-100.0%	-	770,800,000	763,500,000	743,200,000	719,500,000	729,600,000	707,700,000	704,700,000	670,200,000	574,000,000	490,700,000	493,600,000	409,100,000	384,400,000	392,400,000	319,400,000	336,900,000	344,000,000	362,400,000	331,900,000	320,200,000

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	-1.8%	2,939	2,994	3,110	2,703	2,759	2,852	3,091	3,339	3,328	3,307	2,387	2,862	2,742	2,717	2,699	2,487	2,365	2,129	1,694	1,623	1,602
Current Assets	-1.4%	1,381	1,400	1,490	1,580	1,593	1,623	1,850	2,056	2,067	2,034	1,228	1,330	1,222	1,195	1,243	1,134	1,068	1,008	1,210	1,164	1,100
Cash Equivalents	53.4%	510	333	233	372	352	446	533	689	885	846	315	453	334	486	551	443	344	359	519	536	504
Net PPE	-2.8%	299	307	308	281	296	316	322	346	343	331	339	488	476	473	445	417	369	341	311	296	331
Goodwill	-0.1%	402	403	403	353	354	356	357	347	347	110	237	234	235	233	235	232	231	230	97.00	98.00	98.00
Liabilities	-0.3%	3,351	3,359	3,420	3,294	3,302	3,315	3,385	3,502	3,423	3,390	2,053	2,011	1,939	1,917	1,891	1,724	1,635	1,424	1,017	980	972
Current Liabilities	2.1%	1,177	1,153	1,197	1,156	1,136	1,117	1,176	1,175	1,125	1,075	1,088	1,027	982	971	1,015	948	903	866	838	815	793
Shareholder's Equity	-	-	-	-	-	-	-	-	-	-	-	334	851	803	800	808	763	730	705	677	644	631
Retained Earnings	-2.4%	-2,895	-2,827	-2,772	-2,972	-2,926	-2,854	-2,739	-2,635	-2,547	-2,507	-2,241	-1,764	-1,764	-1,726	-1,726	-1,718	-1,700	-1,674	-1,659	-1,643	-1,619
Additional Paid-In Capital	0.8%	2,522	2,502	2,512	2,439	2,424	2,420	2,448	2,468	2,447	2,420	2,564	2,609	2,560	2,529	2,531	2,479	2,428	2,378	2,338	2,285	2,248
Shares Outstanding	-1.6%	341	347	-	358	364	371	-	386	388	398	414	414	414	417	412	414	412	411	359	404	311

Cashflow (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	-2.8%	774	796	797	765	746	756	730	738	707	633	571	587	536	519	529	465	444	427	425	373	356
Share Based Compensation	3.1%	345	334	331	316	303	221	287	214	217	290	262	261	254	245	261	245	232	219	650	644	629
Cashflow From Investing	502.9%	309	51.00	-48.50	92.00	-98.50	-25.00	-524	-602	-421	-620	-233	-232	-239	-158	-320	-383	-406	-614	-633	-542	-513
Cashflow From Financing	3.0%	-925	-954	-1,041	-1,160	-1,171	-1,127	16.00	99.00	261	341	-577	-347	-305	-230	-176	-171	-196	-115	301	284	266
Buy Backs	-4.9%	676	711	795	916	926	887	1,059	984	840	765	398	177	140	64.00	-	-	-	-	-	-	-

DBX Income Statement

2023-06-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2023

Jun. 30, 2022

Income Statement [Abstract]

Revenue

$ 622.5

$ 572.7

$ 1,233.6

$ 1,135.1

Cost of revenue

^[1],[2]

120.1

105.8

236.9

218.7

Gross profit

502.4

466.9

996.7

916.4

Operating expenses

Research and development

^[1],[2]

262.8

215.0

498.0

425.8

Sales and marketing

^[1],[2]

120.9

105.0

240.1

200.7

General and administrative

^[1],[2]

60.0

55.3

115.8

108.8

Impairment related to real estate assets

^[1],[2],[3]

2.2

8.7

2.2

8.7

Total operating expenses

^[1],[2]

445.9

384.0

856.1

744.0

Income from operations

56.5

82.9

140.6

172.4

Interest income (expense), net

3.7

(0.5)

7.6

(1.9)

Other (loss) income, net

(1.2)

(3.3)

(1.6)

2.4

Income before income taxes

59.0

79.1

146.6

172.9

Provision for income taxes

(15.8)

(17.1)

(34.4)

(31.2)

Net income

$ 43.2

$ 62.0

$ 112.2

$ 141.7

Basic net income per share (in dollars per share)

$ 0.13

$ 0.17

$ 0.33

$ 0.39

Diluted net income per share (in dollars per share)

$ 0.13

$ 0.17

$ 0.32

$ 0.38

Weighted-average shares used in computing net income per share attributable to common stockholders, basic (in shares)

341.4

364.1

344.2

367.4

Weighted-average shares used in computing net income per share attributable to common stockholders, diluted (in shares)

343.8

365.7

346.8

369.6

[1]

Includes expenses related to the Company's reduction in workforce such as severance, benefits and other related items during the three and six months ended June 30, 2023.

[2]

Includes stock-based compensation as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022

Cost of revenue	$	6.4	$	6.7	$	11.8	$	12.4
Research and development(4)	67.4		58.5		120.3		109.0
Sales and marketing	6.3		5.9		11.8		10.4
General and administrative	15.2		13.9		27.4		25.5

[3]

Includes impairment charges related to real estate assets as a result of the Company's Virtual First work model.

DBX Balance Sheet

2023-06-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 510.3	$ 232.8
Short-term investments	717.2	1,110.6
Trade and other receivables, net	60.3	53.8
Prepaid expenses and other current assets	92.7	92.6
Total current assets	1,380.5	1,489.8
Property and equipment, net	298.5	308.4
Operating lease right-of-use asset	238.9	260.6
Intangible assets, net	73.5	88.3
Goodwill	402.1	403.3
Deferred tax assets	491.2	498.7
Other assets	53.9	61.0
Total assets	2,938.6	3,110.1
Current liabilities:
Accounts payable	44.3	38.6
Accrued and other current liabilities	151.1	139.9
Accrued compensation and benefits	66.5	131.7
Operating lease liability	67.4	68.9
Finance lease obligation	113.4	114.8
Deferred revenue	734.5	702.6
Total current liabilities	1,177.2	1,196.5
Operating lease liability, non-current	553.8	585.2
Finance lease obligation, non-current	157.1	151.7
Convertible senior notes, net, non-current	1,375.9	1,374.0
Other non-current liabilities	86.5	112.1
Total liabilities	3,350.5	3,419.5
Commitments and contingencies (Note 10)
Stockholders' deficit:
Additional paid-in-capital	2,521.9	2,511.6
Accumulated deficit	(2,895.6)	(2,772.1)
Accumulated other comprehensive loss	(38.2)	(48.9)
Total stockholders' deficit	(411.9)	(309.4)
Total liabilities and stockholders' deficit	$ 2,938.6	$ 3,110.1

About Dropbox

Andrew W. Houston

www.dropbox.com

2670

Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2021, the company had approximately 700 million registered users. It serves customers in 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.

Market Summary

DBX Alerts

DBX Stock Price

DBX RSI Chart

DBX Valuation

DBX Price/Sales (Trailing)

DBX Profitability

DBX Fundamentals

DBX Revenue

DBX Earnings

Price Action

52 Week Range

DBX Financial Health

DBX Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for DBX

Which funds bought or sold DBX recently?

Latest Funds Activity

DBX Alerts

Schedule 13G FIlings of Dropbox

Recent SEC filings of Dropbox

DBX Fair Value

Peers (Alternatives to Dropbox)

Dropbox News

Returns for DBX

Cumulative Returns on DBX

Risks for DBX

What is the probability of a big loss on DBX?

How does DBX drawdown profile look like?

Financials for Dropbox

Income Statement (Last 12 Months)

Balance Sheet.css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Cashflow (Last 12 Months)(In Millions)

DBX Income Statement

DBX Balance Sheet

About Dropbox

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)