Dropbox, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $891.3M | $1.33B | $614.9M | $232.8M | $533.0M | $314.9M | $551.3M | $519.3M |
| Accounts Receivable | $79.1M | $70.4M | $68.7M | $53.8M | $49.6M | $43.4M | $36.7M | $28.6M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.19B | $1.74B | $1.52B | $1.49B | $1.85B | $1.23B | $1.24B | $1.21B |
| Property, Plant & Equipment | $378.4M | $358.8M | $309.2M | $308.4M | $322.0M | $338.7M | $445.3M | $310.6M |
| Goodwill | $454.9M | $442.8M | $402.2M | $403.3M | $356.6M | $236.9M | $234.5M | $96.5M |
| Intangible Assets (Excl. Goodwill) | $33.7M | $54.9M | $58.1M | $88.3M | $53.6M | $33.5M | $47.4M | $14.7M |
| Total Assets | $2.84B | $3.33B | $2.98B | $3.11B | $3.09B | $2.39B | $2.70B | $1.69B |
| Liabilities | ||||||||
| Accounts Payable | $24.3M | $36.5M | $38.5M | $38.6M | $25.7M | $18.7M | $40.7M | $33.3M |
| Total Current Liabilities | $1.89B | $1.21B | $1.20B | $1.20B | $1.18B | $1.09B | $1.01B | $837.5M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $4.64B | $4.08B | $3.15B | $3.42B | $3.39B | $2.05B | $1.89B | $1.02B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-3.82B | $-3.15B | $-2.74B | $-2.77B | $-2.74B | $-2.24B | $-1.73B | $-1.66B |
| Total Stockholders' Equity | $-1.80B | $-752.4M | $-165.8M | $-309.4M | $-293.9M | $333.8M | $808.4M | $676.8M |