DBXDropbox, Inc.

$34.81

Is it safe?

Can DBX take a bad year?

Dropbox, Inc. holds $1.09B more cash than debt, so a bad year is a question about profits, not about lenders.

$1.09B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
0.27

Altman Z-score · distress zone, below 1.8

Annualised volatility
36%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ2 2026
$27M
Cash and short-term investments
$1.11B
Net cash
$1.09B
EBITDA, trailing twelve months
$806M
Operating profit, trailing twelve months
$675M
Total debt / EBITDA
0.03×
Annualised volatilitytwo years of daily moves
36%
Worst drawdown on file
−63%
Below its 52-week high
−3.2%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.