Dropbox (DBX) Projected to Post Earnings on Thursday

Dropbox (NASDAQ:DBX) is expected to be announcing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Dropbox to announce earnings of $0.7390 per share and revenue of $626.6860 million for the quarter. Individuals 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:DBX) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.76 earnings per share for the quarter, topping 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 firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 $34.51 on Wednesday. Dropbox has a 1 year low of $21.69 and a 1 year high of $34.54. The stock has a market capitalization of $8.05 billion, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 3.62 and a beta of 0.64. The company’s 50 day simple moving average is $28.58 and its 200 day simple moving average is $26.29.

Insiders Place Their Bets

In other Dropbox news, CTO Ali Dasdan sold 5,666 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $27.56, for a total value of $156,154.96. Following the sale, the chief technology officer owned 514,611 shares in the company, valued at $14,182,679.16. This trade represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 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. Also, CEO Ashraf Alkarmi sold 22,700 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $27.86, for a total transaction of $632,422.00. Following the sale, the chief executive officer directly owned 1,080,746 shares in the company, valued at approximately $30,109,583.56. The trade was a 2.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 130,945 shares of company stock worth $3,565,129 over the last 90 days. Insiders own 35.48% of the company’s stock.

Institutional Investors Weigh In On Dropbox

Hedge funds and other institutional investors have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its position in Dropbox by 2.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 6,806,508 shares of the company’s stock valued at $205,625,000 after purchasing an additional 144,347 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Dropbox by 1.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 5,095,485 shares of the company’s stock worth $153,935,000 after purchasing an additional 70,867 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Dropbox by 29.1% during the third quarter. Northern Trust Corp now owns 2,488,077 shares of the company’s stock worth $75,165,000 after purchasing an additional 560,694 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Dropbox by 8.6% in the fourth quarter. Franklin Resources Inc. now owns 1,279,980 shares of the company’s stock valued at $35,583,000 after buying an additional 101,346 shares during the period. Finally, Gotham Asset Management LLC increased its stake in shares of Dropbox by 17.3% in the fourth quarter. Gotham Asset Management LLC now owns 1,270,398 shares of the company’s stock valued at $35,317,000 after buying an additional 187,482 shares during the period. Institutional investors own 94.84% of the company’s stock.

Wall Street Analyst Weigh In

DBX has been the topic of a number of research analyst reports. Wall Street Zen raised Dropbox from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Royal Bank Of Canada reissued an “outperform” rating on shares of Dropbox in a report on Monday, June 1st. Citigroup upped their price objective on Dropbox from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dropbox in a research note on Friday. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $27.00.

About Dropbox

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.