Dropbox, Inc. filings document the public-company disclosures of a Nasdaq-listed cloud storage and content collaboration software business. Its Form 8-K reports record quarterly and annual operating results, Regulation FD investor materials, and material corporate events tied to financing, capital structure, and executive officer appointments.
Dropbox proxy materials cover board matters, shareholder voting items, executive compensation, equity awards, and governance practices. Other filings describe secured credit facilities, delayed draw term loans, letter of credit capacity, convertible senior notes, share repurchase authorization, risk-related disclosures, and the company’s Class A common stock capital structure.
The Andrew Houston Revocable Trust reported sales of Common Stock under 10b5-1 plans. The trust sold 111,166 shares on 04/01/2026 for $2,544,602.08 and 109,498 shares on 03/02/2026 for $2,731,361.98. The transactions are reported on Form 144 for DBX.
Dropbox, Inc. reported lower profitability while reshaping its balance sheet for the three months ended March 31, 2026. Revenue was $629.5 million, up slightly from $624.7 million, but higher cost of revenue and operating expenses reduced income from operations to $172.8 million from $183.8 million.
Net income declined to $114.5 million from $150.3 million, with diluted EPS at $0.48 versus $0.51 a year earlier, largely reflecting higher interest expense of $36.7 million driven by a large term loan. Dropbox drew an additional $700.0 million in delayed draw term loans and repaid $695.8 million of 2026 convertible notes in cash, pushing total term loan principal to $2,681.6 million. The company also repurchased 14.3 million Class A shares for $370.0 million, contributing to a deeper stockholders’ deficit of $(2,011.7) million despite strong operating cash flow of $204.5 million.
Dropbox reported modest growth for the first quarter of 2026, while strengthening profitability and cash generation. Revenue reached $629.5 million, up 0.8% year-over-year, or 2.0% excluding FormSwift. Total annual recurring revenue was $2.560 billion, up 0.3% overall and 1.3% excluding FormSwift.
Paying users edged down to 18.09 million from 18.16 million, but average revenue per paying user increased to $141.18 from $139.26. GAAP operating margin was 27.5% and non-GAAP operating margin 40.1%. GAAP net income was $114.5 million and non-GAAP net income $180.4 million. Net cash from operating activities rose to $204.5 million, with unlevered free cash flow of $236.4 million.
DROPBOX, INC. Chief Accounting Officer Sarah Elizabeth Schubach sold 1,769 shares of Class A Common Stock in an open-market transaction at $23.95 per share. The sale was executed on a pre-arranged basis under a Rule 10b5-1 trading plan.
After this transaction, she directly held 136,106 shares of Dropbox Class A Common Stock. A footnote also notes that certain securities held by her are restricted stock units that vest on a schedule extending through February 15, 2030, and unvested units would be cancelled if her service with the company ends.
Dropbox, Inc. reports that Andrew W. Houston beneficially owned 84,044,727 shares of common stock, representing 35.3% as of March 31, 2026. The filing breaks this into 8,266,666 shares of Class A and an assumed conversion of 74,616,889 Class B shares into Class A equivalents, with total Class A shares outstanding of 163,263,829 as of March 31, 2026. Each Class B share is convertible into one Class A share and carries ten votes per share; Class A shares carry one vote each.
Morgan Stanley Smith Barney LLC submitted a Form 144 notice reporting proposed sales of restricted common stock units tied to 10b5-1 plans for an insider associated with the name Timothy Regan. The excerpt lists multiple sale dates in 2026 with 1,500 shares reported per trade and reported gross proceeds for each trade in USD.
DBX reports proposed sales of Common stock by Sarah Schubach. The filing lists multiple 10b5-1 sales of Common stock executed through Morgan Stanley Smith Barney LLC on specific dates, with recorded amounts such as 32530.85 on 04/15/2026 and 32001.60 on 03/31/2026. Broker details and a Restricted Stock Unit entry dated 02/15/2026 are also shown.
Dropbox Inc disclosure shows Vanguard Capital Management beneficially owns 8,316,234 shares of Common Stock, representing 5.01% of the class. The filing states these holdings reflect securities held for Vanguard funds and managed accounts and that Vanguard exercises dispositive power over the reported shares.
Vanguard Portfolio Management filed a Schedule 13G reporting beneficial ownership of 12,363,722 shares of Dropbox Inc. common stock, representing 7.46% of the class as reported for the 03/31/2026 reporting period. The filer discloses sole dispositive power over 12,363,722 shares and sole voting power over 134,260 shares. The filing describes ownership held on behalf of Vanguard funds and managed accounts and is signed by an authorized representative.
Dropbox, Inc. reported that Chief Accounting Officer Sarah Elizabeth Schubach sold 1,415 shares of Class A Common Stock in an open-market transaction at $22.99 per share. After this sale, she directly holds 137,875 shares of Class A Common Stock.
The sale was executed under a Rule 10b5-1 trading plan, indicating it was pre-arranged rather than a discretionary market-timing decision. A portion of her holdings consists of restricted stock units that vest according to an established schedule through February 15, 2030, which are forfeited if she ceases to be a service provider.