Dropbox Cash Flow Statement
DBX / Information Technology|10 years of annual SEC 10-K data (FY2016-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 10 fiscal years. All figures from audited SEC 10-K filings.
Dropbox generated $952M in operating cash flow and $931M in free cash flow in FY2025. Free cash flow margin was 36.9% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.16 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $508.4M | $452.3M | $453.6M | $553.2M | $335.8M | -$256.3M | -$52.7M | -$484.9M | -$111.7M | -$210.2M |
| Depreciation & Amortization | $131.6M | $109.3M | $139.7M | $140.9M | $135.7M | $145.1M | $159.9M | $158.6M | $170.7M | $173.8M |
| Operating Cash Flow | $951.8M | $894.1M | $783.7M | $797.3M | $729.8M | $570.8M | $528.5M | $425.4M | $330.3M | $252.6M |
| Capital Expenditures | $21.0M | $22.5M | $24.3M | $33.8M | $22.1M | $80.1M | $136.1M | $63.0M | $25.3M | $115.2M |
| Free Cash Flow | $930.8M | $871.6M | $759.4M | $763.5M | $707.7M | $490.7M | $392.4M | $362.4M | $305.0M | $137.4M |
| Share Buybacks | $1.7B | $1.2B | $539.9M | $795.4M | $1.1B | $397.5M | $0 | $0 | - | - |
| FCF Margin | 36.9% | 34.2% | 30.4% | 32.8% | 32.8% | 25.6% | 23.6% | 26.0% | 27.6% | 16.3% |