DBX
Dropbox, Inc. Information Technology Services-Prepackaged Software Russell 3000
$36.25Close
$22.06 – $37.8352-week range
Nov 5, 2026Next report · after the close
Highlights
Strengths
- In a stage-2 uptrend all 8 trend conditions pass
- Leading the market RS 83 · stronger than 83% of stocks over 12 months
- Near its high 4% below its 52-week high
Cautions
- Earnings shrinking EPS −7% year on year
- Results soon Nov 5, 2026, in 4 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
4%
1wk
down 4.2%
price change
1mo
up 7.1%
price change
12-month return
up 26%
market up 11% ·
its own up 17%
F-score
—
— Not assessed
Altman Z″
-4.77
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
—
price / book
Earnings yield
—
EBIT / enterprise value
Cheaper than
—
of the market · not assessed
Revenue growth
down 1%
year on year
EPS growth
down 7%
latest quarter · -2 pts
Sales growth
up 1%
latest quarter · +0 pts
ROE
—
return on equity
Free cash margin
up 37%
$930.8M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-1.3×
net cash
Interest cover
—EBIT / interest
Trade setup
ATR%
3.1%
$1.11 a day · 2×ATR $34.04
RS
83 / 99
vs the universe
Trend
8 / 8
trend template
Relative volume
0.6×
vs 50-day average
Up/down volume
1.11
50 sessions
Implied move
—
no option chain · report Nov 5, 2026
Trend template · 8 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Liabilities exceed assets Shareholders' equity is negative at -$1.8B as of Dec 31, 2025. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Gross margin narrowing Gross margin fell from 82.5% to 80.1%. The company is keeping less of each dollar of sales than it did a year ago.
- Revenue shrinking Revenue fell 1.1% over the year, from $2.5B to $2.5B.
Last reported
Oct 28, 2026
Results reaction
Oct 28, 2026-2% vs market2 sessions after results
Financials
- Gross 80%
- Net 20%
- Free cash 37%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.9B | $2.2B | $2.3B | $2.5B | $2.5B | $2.5B |
| Gross margin | 78% | 79% | 81% | 81% | 83% | 80% |
| Operating income | -$277.0M | $274.4M | $181.3M | $538.7M | $486.2M | $689.1M |
| Net income | -$256.3M | $335.8M | $553.2M | $453.6M | $452.3M | $508.4M |
| Net margin | -13% | 16% | 24% | 18% | 18% | 20% |
| Earnings per share | -$0.62 | $0.85 | $1.52 | $1.31 | $1.40 | $1.86 |
| Free cash flow | $490.7M | $707.7M | $763.5M | $759.4M | $871.6M | $930.8M |
| Free cash margin | 26% | 33% | 33% | 30% | 34% | 37% |
| Cash | $314.9M | $533.0M | $232.8M | $614.9M | $1.3B | $891.3M |
| Long-term debt | — | $1.4B | $1.4B | $1.4B | — | — |
| Shareholders' equity | $333.8M | -$293.9M | -$309.4M | -$165.8M | -$752.4M | -$1.8B |
| Shares outstanding | 322.30m | 292.70m | — | — | — | — |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 7, 2026 | Quarterly ↗ | Jun 30, 2026 | 38d |
| May 8, 2026 | Quarterly ↗ | Mar 31, 2026 | 38d |
| Feb 20, 2026 | Annual ↗ | Dec 31, 2025 | 51d |
| Nov 7, 2025 | Quarterly ↗ | Sep 30, 2025 | 38d |
| Aug 8, 2025 | Quarterly ↗ | Jun 30, 2025 | 39d |
| May 9, 2025 | Quarterly ↗ | Mar 31, 2025 | 39d |
| Feb 21, 2025 | Annual ↗ | Dec 31, 2024 | 52d |
| Nov 8, 2024 | Quarterly ↗ | Sep 30, 2024 | 39d |
| Aug 9, 2024 | Quarterly ↗ | Jun 30, 2024 | 40d |
| May 10, 2024 | Quarterly ↗ | Mar 31, 2024 | 40d |
| Feb 16, 2024 | Annual ↗ | Dec 31, 2023 | 47d |
| Nov 3, 2023 | Quarterly ↗ | Sep 30, 2023 | 34d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 28, 2026 | Results · Restructuring · Director or officer change ↗ |
| Aug 6, 2026 | Results · Regulation FD ↗ |
| Jun 1, 2026 | Material agreement · New obligation · Regulation FD · Other events ↗ |
| May 26, 2026 | Shareholder vote ↗ |
| May 26, 2026 | Director or officer change · Regulation FD ↗ |
| May 7, 2026 | Results · Regulation FD ↗ |
| Feb 19, 2026 | Results · Regulation FD ↗ |
| Dec 10, 2025 | Director or officer change · Regulation FD ↗ |
| Nov 6, 2025 | Results · Regulation FD ↗ |
| Sep 9, 2025 | Material agreement · New obligation · Regulation FD · Other events ↗ |
| Aug 25, 2025 | Director or officer change ↗ |
| Aug 7, 2025 | Results · Regulation FD ↗ |