Calix (CALX) vs Dropbox (DBX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Dropbox (DBX) has outperformed Calix (CALX) over the past year, gaining 15.5% versus a loss of 39.8%. Over five years, DBX leads with a +12.7% price change compared with -37.1% for CALX. Dropbox is the larger company by market cap ($7.42 billion vs $2.27 billion), about 3.3 times the size, while Calix is growing revenue faster (+20.3% vs -1.1%).
On valuation, Dropbox trades at a lower forward P/E (10.3x vs 15.7x for Calix). Dropbox converts more of its revenue into profit, with a net margin of 20.2% versus 1.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CALX | DBX |
|---|---|---|
| Share price | $36.08 | $34.14 |
| Market cap | $2.27B | $7.42B |
| 1-day change | +1.52% | +3.20% |
| YTD return | -31.83% | +22.81% |
| 1-year return | -39.82% | +15.49% |
| 5-year return | -37.11% | +12.71% |
| P/E ratio (TTM) | 48.11 | 18.86 |
| Forward P/E | 15.67 | 10.33 |
| EPS (TTM) | $0.75 | $1.81 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.00B | $2.52B |
| Revenue growth (YoY) | +20.26% | -1.07% |
| Net income (latest FY) | $17.88M | $508.40M |
| Gross margin | 56.83% | 80.13% |
| Operating margin | 2.10% | 27.33% |
| Net margin | 1.79% | 20.17% |
| 52-week high | $71.22 | $38.17 |
| 52-week low | $32.35 | $21.70 |
| Distance from 52-week high | -49.34% | -10.56% |
| Analyst consensus | none | underperform |
| Avg. price target upside | +72.75% | -6.85% |
| Average volume | 1.12M | 4.19M |
| Shares outstanding | 62.96M | 142.30M |
| Employees | 1,921 | 2,113 |
| Sector | Technology | Technology |
| Industry | Software - Infrastructure | Software - Infrastructure |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Dropbox is about 3.3 times larger than Calix by market value ($7.42B vs $2.27B).
- DBX has outperformed CALX by 55.3 percentage points over the past year.
- Calix trades at a higher earnings multiple (48.1x vs 18.9x trailing P/E).
- Dropbox is more profitable, keeping 20.2 cents of every revenue dollar as net income versus 1.8 cents for Calix.
- Calix grew revenue faster in its latest fiscal year (+20.26% vs -1.07%).
About Calix
CALX stock →Calix, Inc., together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.
Technology · Software - Infrastructure · 1,921 employees
About Dropbox
DBX stock →Dropbox, Inc. provides a content collaboration platform in the United States and internationally.
Technology · Software - Infrastructure · 2,113 employees
CALX vs DBX FAQ
Which is bigger, Calix or Dropbox?
Dropbox (DBX) is larger, with a market capitalization of $7.42B compared with $2.27B for Calix (CALX).
Which stock has performed better over the past year, CALX or DBX?
DBX returned +15.49% over the past 12 months, compared with -39.82% for CALX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CALX or DBX?
DBX has the lower trailing P/E at 18.9, versus 48.1 for CALX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Calix and Dropbox in the same industry?
Yes. Both are classified in the Software - Infrastructure industry within the Technology sector.