Dropbox, Inc. balance sheet DBX

Annual Quarterly

As of Jun 30, 2026, Dropbox, Inc. had total assets of $2.8 billion and total liabilities of $5.0 billion. Total assets were up 1.7% from a year earlier. Stockholders' equity was negative, at -$2.2 billion, because liabilities exceed assets. It held $1.1 billion in cash and investments against $675.2 million of total debt, net cash of $438.6 million. The current ratio, current assets divided by current liabilities, was 1.07.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
Assets
Cash
1,056
+43.4%
891
-32.9%
1,328
+116.0%
615
+164.1%
233
-56.3%
533
+69.3%
315
-42.9%
551
+6.2%
519
Short-term investments
58
-73.6%
147
-44.8%
266
-64.1%
741
-33.3%
1,111
-6.3%
1,185
+47.0%
806
+32.7%
608
+6.6%
570
Cash and investments
1,114
+16.7%
1,038
-34.9%
1,594
+17.6%
1,356
+0.9%
1,343
-21.8%
1,718
+53.2%
1,121
-3.3%
1,159
+6.4%
1,089
Receivables
76
+0.7%
79
+12.4%
70
+2.5%
69
+27.7%
54
+8.5%
50
+14.3%
43
+18.3%
37
+28.3%
29
Total current assets
1,266
+13.7%
1,190
-31.5%
1,738
+14.6%
1,517
+1.8%
1,490
-19.5%
1,850
+50.7%
1,228
-1.3%
1,243
+2.7%
1,210
Property and equipment, net
338
-6.7%
378
+5.5%
359
+16.0%
309
+0.3%
308
-4.2%
322
-4.9%
339
-23.9%
445
+43.4%
311
Goodwill
457
+1.0%
455
+2.7%
443
+10.1%
402
-0.3%
403
+13.1%
357
+50.5%
237
+1.0%
234
+143.0%
96
Total assets
2,826
+1.7%
2,845
-14.4%
3,325
+11.5%
2,984
-4.1%
3,110
+0.6%
3,091
+29.5%
2,387
-11.6%
2,699
+59.3%
1,694
Liabilities and equity
Accounts payable
36
-6.5%
24
-33.4%
36
-5.2%
38
-0.3%
39
+50.2%
26
+37.4%
19
-54.1%
41
+22.2%
33
Total current liabilities
1,179
-36.5%
1,894
+56.4%
1,211
+0.8%
1,202
+0.4%
1,196
+1.8%
1,176
+8.1%
1,088
+7.2%
1,015
+21.2%
838
Total liabilities
5,015
+22.8%
4,642
+13.8%
4,078
+29.5%
3,149
-7.9%
3,420
+1.0%
3,385
+64.9%
2,053
+8.6%
1,891
+85.9%
1,017
Stockholders' equity
-2,188
-67.6%
-1,797
-138.9%
-752
-353.8%
-166
+46.4%
-309
-5.3%
-294
-188.0%
334
-58.7%
808
+19.4%
677
Debt
Lease liabilities
675
-2.0%
753
+17.3%
642
-1.6%
653
-29.1%
921
-7.8%
998
-10.8%
1,120
+11.2%
1,007
+3574.1%
—
Total debt
675
-2.0%
753
+17.3%
642
-1.6%
653
-29.1%
921
-7.8%
998
-10.8%
1,120
+11.2%
1,007
+3574.1%
—
Net cash
439
+65.2%
285
-70.0%
952
+35.4%
703
+66.3%
423
-41.3%
720
+39883.3%
2
-98.8%
152
-85.7%
—
Ratios
Current ratio
1.07x
0.63x
1.44x
1.26x
1.25x
1.57x
1.13x
1.23x
1.45x
Debt to equity
—
—
—
—
—
—
3.35x
1.25x
—
Debt to EBITDA
0.84x
0.92x
1.08x
0.96x
2.86x
2.43x
—
12.68x
—
Return on equity
—
—
—
—
—
—
-76.78%
-6.52%
-71.65%
Return on assets
15.67%
17.87%
13.60%
15.20%
17.79%
10.86%
-10.74%
-1.95%
-28.62%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Services-Prepackaged Software (SIC 7372)
Listed as
DBX (Nasdaq)
Fiscal year ends
December 31
Incorporated in
NV
Headquarters
San Francisco, CA
SEC filer status
Large accelerated filer
SEC CIK
1467623
Former names
Evenflow, Inc. (until Jul 7, 2009)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.