DROPBOX, INC.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
DBX$32.40-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Deficit
| Convertiblepreferred stock · Class A and Class B common stock · Additionalpaid-incapital · Accumulateddeficit · Accumulatedothercomprehensiveloss · Totalstockholders’deficit | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at December 31, 2022 | — | $— | 349.4 | $— | $2,511.6 | $(2,772.1) | $(48.9) | $(309.4) |
| Release of restricted stock units and awards | — | — | 15.1 | — | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units and awards | — | — | (5.3) | — | (48.5) | (86.6) | — | (135.1) |
| Repurchases of common stock | — | — | (22.7) | — | (205.6) | (337.2) | — | (542.8) |
| Exercise of stock options and awards | — | — | 0.2 | — | 2.5 | — | — | 2.5 |
| Stock-based compensation | — | — | — | — | 338.0 | — | — | 338.0 |
| Other comprehensive loss | — | — | — | — | — | — | 27.4 | 27.4 |
| Net income | — | — | — | — | — | 453.6 | — | 453.6 |
| Balance at December 31, 2023 | — | $— | 336.7 | $— | $2,598.0 | $(2,742.3) | $(21.5) | $(165.8) |
| Release of restricted stock units and awards | — | — | 14.4 | — | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units and awards | — | — | (5.7) | — | (55.2) | (93.5) | — | (148.7) |
| Repurchases of common stock | — | — | (49.5) | $— | $(485.9) | $(763.0) | $— | $(1,248.9) |
| Exercise of stock options and awards | — | — | 0.1 | — | 0.9 | — | — | 0.9 |
| Stock-based compensation | — | — | — | — | 346.5 | — | — | 346.5 |
| Other comprehensive income | — | — | — | — | — | — | 11.4 | 11.4 |
| Net income | — | — | — | — | — | 452.3 | — | 452.3 |
| Balance at December 31, 2024 | — | $— | 295.9 | $— | $2,404.2 | $(3,146.5) | $(10.1) | $(752.4) |
| Release of restricted stock units and awards | — | — | 12.4 | — | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units and awards | — | — | (5.0) | — | (53.2) | (97.8) | — | (151.0) |
| Repurchases of common stock | — | — | (60.4) | — | (639.7) | (1,079.2) | — | (1,718.9) |
| Exercise of stock options and awards | — | — | — | — | 0.1 | — | — | 0.1 |
| Stock-based compensation | — | — | — | — | 300.8 | — | — | 300.8 |
| Other comprehensive income | — | — | — | — | — | — | 15.8 | 15.8 |
| Net income | — | — | — | — | — | 508.4 | — | 508.4 |
| Balance at December 31, 2025 | — | $— | 242.9 | $— | $2,012.2 | $(3,815.1) | $5.7 | $(1,797.2) |
See accompanying Notes to Consolidated Financial Statement
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