DBX
Dropbox, Inc.
NasdaqGSUSDEQUITY
Technology
DELAYED
Last price
34.19
▲ 0.19 (0.56%)
MARKET · —
Price
Open
34.49
Prev close
34.00
Day high
34.56
Day low
33.57
Volume
1.96M
Market cap
$7.50B
P/E (TTM)
19.04
52W range
21.70 – 36.30
Trailing performance
Returnvs SPY
1W
+0.15%
+1.5%
1M
+21.25%
+17.5%
3M
+26.50%
+23.4%
6M
+35.28%
+24.2%
YTD
+23.99%
+11.7%
1Y
+21.29%
+1.3%
3Y
+27.48%
-46.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$7.50B
Enterprise value$10.36B
Revenue (TTM)$2.53B
Gross profit$2.02B
EBITDA$830.10M
Net income$442.80M
EPS (TTM)$1.81
Free cash flow$783.08M
Total cash$1.11B
Total debt$3.98B
Book value / share$-9.96
Shares outstanding142.30M
Float128.54M
Short % of float31.43%
Dividend yield—
Beta (5Y)0.64
Valuation & profitability ratios
Trailing P/E19.04
Forward P/E10.51
PEG ratio16.69
Price / sales—
Price / book—
EV / revenue4.09
EV / EBITDA12.48
Gross margin79.73%
Operating margin26.10%
Profit margin17.49%
Return on equity—
Return on assets15.04%
Debt / equity—
Current ratio1.07
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $2.52B | $2.55B | $2.50B | $2.32B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $508.40M | $452.30M | $453.60M | $553.20M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $508.40M | $452.30M | $453.60M | $553.20M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.74 | 0.75 | +1.5% |
| Mar 2026 | 0.70 | 0.76 | +9.1% |
| Dec 2025 | 0.67 | 0.68 | +1.6% |
| Sep 2025 | 0.65 | 0.74 | +14.1% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.73 | 7 | $629.17M | -0.8% |
| Next quarter | 0.82 | 6 | $628.49M | -1.2% |
| Current year | 3.05 | 8 | $2.52B | -0.1% |
| Next year | 3.28 | 8 | $2.51B | -0.3% |
Analyst targets & ownership
Mean target$30.67
High target$42.00
Low target$21.00
Implied upside-10.31%
Analyst count6
ConsensusHOLD
Strong buy / Buy1 / 0
Hold4
Sell / Strong sell2 / 1
Held by insiders8.07%
Held by institutions132.04%
Institutions holding628
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+919.85K
Net buying
Buy transactions
15
1.35M shares
Sell transactions
30
431.43K shares
Net transactions
+45
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
17.55M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 18, 26 | WEBSTER ERIC T Officer |
SELL | 15.83K | $539.69K | Direct |
| Aug 18, 26 | DASDAN ALI Chief Technology Officer |
SELL | 11.33K | $386.73K | Direct |
| Jul 31, 26 | SCHUBACH SARAH ELIZABETH Officer |
SELL | 1.63K | $51.59K | Direct |
| Jul 29, 26 | PEACOCK KAREN Director |
SELL | 2.00K | $66.00K | Direct |
| Jul 15, 26 | SCHUBACH SARAH ELIZABETH Officer |
SELL | 1.31K | $39.35K | Direct |
| Jul 14, 26 | DASDAN ALI Chief Technology Officer |
SELL | 12.97K | $389.16K | Direct |
| Jul 7, 26 | PEACOCK KAREN Director |
SELL | 2.00K | $58.00K | Direct |
| Jun 30, 26 | SCHUBACH SARAH ELIZABETH Officer |
SELL | 1.30K | $35.38K | Direct |
| Jun 15, 26 | SCHUBACH SARAH ELIZABETH Officer |
SELL | 1.31K | $35.13K | Direct |
| Jun 2, 26 | ALKARMI ASHRAF Chief Executive Officer |
SELL | 22.70K | $632.50K | Direct |
| Jun 1, 26 | SCHUBACH SARAH ELIZABETH Officer |
SELL | 1.30K | $36.10K | Direct |
| Jun 1, 26 | ALKARMI ASHRAF Chief Executive Officer |
STOCK | 478.55K | $0 | Direct |
| May 21, 26 | PEACOCK KAREN Director |
STOCK | 9.07K | $0 | Direct |
| May 21, 26 | CAMPBELL LISA M Director |
STOCK | 9.07K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ALKARMI ASHRAF |
Chief Executive Officer | 1.08M | Sale |
COX ERIC LEONARD |
Officer | 378.43K | Sale |
DASDAN ALI |
Chief Technology Officer | 471.05K | Sale |
HOUSTON ANDREW W |
Chief Executive Officer | — | Conversion of Exercise of derivative security |
JACOBS PAUL E |
Director | 321.90K | Stock Award(Grant) |
REGAN TIMOTHY |
Chief Financial Officer | 437.65K | Sale |
SCHUBACH SARAH ELIZABETH |
Officer | 124.27K | Sale |
TENNENBAUM ROSS J |
Chief Financial Officer | 814.43K | Stock Award(Grant) |
WEBSTER ERIC T |
Officer | 416.24K | Sale |
YOON WILLIAM T |
Officer | 366.96K | Sale |
Moving averages & technicals
SMA 10
34.24
-0.13% from price
SMA 20
33.74
+2.15% from price
SMA 50
30.40
+13.38% from price
SMA 100
27.90
+22.55% from price
SMA 200
27.41
+25.75% from price
EMA 12
33.96
+0.69% from price
EMA 26
32.85
+4.07% from price
EMA 50
31.18
+9.67% from price
RSI (14)
59.8
Neutral
MACD (12,26,9)
1.10
Hist -0.20
ATR (14)
1.33
3.87% of price
Realised vol 30D
41.4%
Annualised
Bollinger upper
36.14
20, 2σ
Bollinger lower
31.35
20, 2σ
50 / 200 cross
Golden
30.40 vs 27.41
Trend bias
Above 200
+25.75%
Risk profile
Beta vs SPY
0.34
Less volatile than market
Correlation to SPY
0.12
Largely independent
Realised vol 30D
41.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-31.4%
Peak to trough
Max drawdown 5Y
-41.4%
Peak to trough
ATR 14
1.33
3.87% of price
Beta (reported)
0.64
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.14
Call-heavy session
Put / call open interest
0.29
Positioning, not flow
Max pain
30.00
-13.0% from spot
ATM implied vol
74.2%
Nearest strike to spot
Skew (10% OTM)
+33.9%
Puts bid over calls
Call volume
106
Contracts, this expiry
Put volume
15
Contracts, this expiry
Heaviest call OI
35.00
648 contracts
Heaviest put OI
35.00
181 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.