Dropbox (DBX) to Announce Quarterly Earnings on Thursday

Dropbox (NASDAQ:DBXGet Free Report) is expected to be issuing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.7390 per share and revenue of $626.6860 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Dropbox (NASDAQ:DBXGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.05. The company had revenue of $629.50 million during the quarter, compared to the consensus estimate of $620.56 million. Dropbox had a net margin of 18.71% and a negative return on equity of 30.01%. The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the firm earned $0.70 EPS. On average, analysts expect Dropbox to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Dropbox Price Performance

Shares of NASDAQ:DBX opened at $33.05 on Tuesday. The business’s 50 day simple moving average is $28.42 and its 200-day simple moving average is $26.23. The firm has a market capitalization of $7.71 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 3.57 and a beta of 0.64. Dropbox has a 12 month low of $21.69 and a 12 month high of $33.67.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dropbox in a research note on Monday, June 1st. Wall Street Zen raised Dropbox from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Weiss Ratings restated a “hold (c)” rating on shares of Dropbox in a research report on Friday. Finally, Citigroup lifted their price target on Dropbox from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dropbox has an average rating of “Reduce” and a consensus price target of $27.00.

Check Out Our Latest Stock Report on DBX

Insider Buying and Selling

In related news, CEO Andrew Houston sold 37,498 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $25.96, for a total value of $973,448.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William T. Yoon sold 7,230 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $27.57, for a total transaction of $199,331.10. Following the completion of the transaction, the insider directly owned 366,963 shares of the company’s stock, valued at $10,117,169.91. The trade was a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 129,313 shares of company stock valued at $3,513,542. Company insiders own 35.48% of the company’s stock.

Institutional Trading of Dropbox

A number of hedge funds have recently bought and sold shares of the company. Atlas Capital Advisors Inc. purchased a new stake in shares of Dropbox during the 4th quarter valued at $223,000. Qtron Investments LLC purchased a new position in shares of Dropbox in the 3rd quarter worth $229,000. FORA Capital LLC acquired a new position in Dropbox in the third quarter valued at $228,000. Vise Technologies Inc. purchased a new stake in Dropbox during the third quarter valued at about $209,000. Finally, Certuity LLC purchased a new stake in Dropbox during the third quarter valued at about $235,000. Institutional investors and hedge funds own 94.84% of the company’s stock.

Dropbox Company Profile

(Get Free Report)

Dropbox, Inc (NASDAQ: DBX) is a leading provider of cloud-based file storage, collaboration, and productivity tools. Founded in 2007 and headquartered in San Francisco, California, the company offers a suite of services designed to help individuals and organizations securely store, share, and manage digital content. Dropbox has grown from a simple file-syncing application into an integrated collaboration platform used by millions of customers around the globe.

At its core, Dropbox provides cloud storage plans tailored for consumers and businesses.

Further Reading

Earnings History for Dropbox (NASDAQ:DBX)

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