Dropbox Cash Flow Statement
NASDAQ: DBXTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Dropbox free cash flow
In fiscal 2025, Dropbox generated $951.8 million of operating cash flow and spent $21.0 million on capital expenditures. That left free cash flow of $930.8 million, a free-cash-flow margin of 36.9% of revenue. Free cash flow was up 6.8% from the prior year's $871.6 million.
Dropbox returned $1.71 billion to shareholders through share repurchases, equal to 184% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Dropbox cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 508.40M | 452.30M | 453.60M | 553.20M | 335.80M | -256.30M | -52.70M | -484.90M | -111.70M | -210.20M |
| Net Income growth (YoY) | +12.40% | -0.29% | -18.00% | +64.74% | — | — | — | — | — | — |
| Depreciation & Amortization | 131.60M | 109.30M | 139.70M | 140.90M | 135.70M | 145.10M | 159.90M | 158.60M | 170.70M | 173.80M |
| Stock-Based Compensation | 300.80M | 346.50M | 338.00M | 330.70M | 287.10M | 261.50M | 261.20M | 650.10M | 164.60M | 147.60M |
| Change in Working Capital | -10.40M | 1.00M | 31.60M | 23.40M | 72.90M | 12.50M | 128.20M | 53.60M | 55.50M | 86.30M |
| Operating Cash Flow | 951.80M | 894.10M | 783.70M | 797.30M | 729.80M | 570.80M | 528.50M | 425.40M | 330.30M | 252.60M |
| Capital Expenditures | -21.00M | -22.50M | -24.30M | -33.80M | -22.10M | -80.10M | -136.10M | -63.00M | -25.30M | -115.20M |
| Investing Cash Flow | 111.90M | 443.80M | 395.20M | -48.50M | -524.80M | -233.60M | -320.00M | -633.80M | -23.90M | -118.00M |
| Share Repurchases | -1.71B | -1.24B | -539.90M | -795.40M | -1.06B | -397.50M | 0 | 0 | — | — |
| Financing Cash Flow | -1.53B | -586.60M | -799.20M | -1.04B | 16.20M | -577.70M | -176.70M | 300.80M | -231.70M | -134.50M |
| Net Change in Cash | -454.60M | 745.60M | 382.10M | -300.20M | 218.10M | -236.40M | 32.00M | 89.30M | 77.30M | -4.20M |
| Free Cash Flow | 930.80M | 871.60M | 759.40M | 763.50M | 707.70M | 490.70M | 392.40M | 362.40M | 305.00M | 137.40M |
This table shows 10 annual periods of Dropbox's cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow DBX's reporting calendar. What is a cash flow statement?