Dropbox, Inc. (DBX) Spending and interest coverage
- R&D / revenue · 12 months: Value 29.29%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 12.02%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 29.29% | Research and development expense / revenue. Period ending 2026-06-30. $741.50M ÷ $2.53B × 100 ≈ 29.29% |
| Stock-based compensation / revenue · 12 months | 12.02% | Share-based compensation / revenue. Period ending 2026-06-30. $304.40M ÷ $2.53B × 100 ≈ 12.02% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 741.50M USD | Research and Development Expense |
| Revenue | 2.53B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 304.40M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 674.50M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $741.50M | $2.53B | $304.40M | $674.50M | (m) | 29.29% | 12.02% | (m) | (m) |
| 2026-03-31 | $737.80M | $2.53B | $304.80M | $678.10M | (m) | 29.21% | 12.07% | (m) | (m) |
| 2025-12-31 | $732.00M | $2.52B | $300.80M | $689.10M | (m) | 29.04% | 11.93% | (m) | (m) |
| 2025-09-30 | $788.10M | $2.53B | $309.10M | $614.80M | (m) | 31.17% | 12.23% | (m) | (m) |
| 2025-06-30 | $831.50M | $2.53B | $322.80M | $567.90M | (m) | 32.83% | 12.74% | (m) | (m) |
| 2025-03-31 | $874.20M | $2.54B | $335.60M | $526.50M | (m) | 34.40% | 13.20% | (m) | (m) |
| 2024-12-31 | $914.90M | $2.55B | $346.50M | $486.20M | (m) | 35.90% | 13.60% | (m) | (m) |
| 2024-09-30 | $894.00M | $2.54B | $343.70M | $665.70M | (m) | 35.20% | 13.53% | (m) | (m) |
| 2024-06-30 | $884.70M | $2.53B | $335.20M | $668.60M | (m) | 34.92% | 13.23% | (m) | (m) |
| 2024-03-31 | $920.40M | $2.52B | $340.00M | $598.10M | (m) | 36.50% | 13.48% | (m) | (m) |
| 2023-12-31 | $936.50M | $2.50B | $338.00M | $538.70M | (m) | 37.44% | 13.51% | (m) | (m) |
| 2023-09-30 | $952.90M | $2.47B | $342.40M | $190.90M | (m) | 38.65% | 13.89% | (m) | (m) |
| 2023-06-30 | $964.10M | $2.42B | $344.70M | $149.50M | (m) | 39.78% | 14.22% | (m) | (m) |
| 2023-03-31 | $916.30M | $2.37B | $334.40M | $175.90M | (m) | 38.60% | 14.09% | (m) | (m) |
| 2022-12-31 | $891.90M | $2.32B | $330.70M | $181.30M | (m) | 38.36% | 14.22% | (m) | (m) |
| 2022-09-30 | $855.30M | $2.29B | $315.90M | $331.90M | (m) | 37.32% | 13.79% | (m) | (m) |
| 2022-06-30 | $815.00M | $2.25B | $302.60M | $319.90M | (m) | 36.21% | 13.44% | (m) | (m) |
| 2022-03-31 | $785.50M | $2.21B | $291.50M | $321.40M | (m) | 35.56% | 13.20% | (m) | (m) |
| 2021-12-31 | $755.90M | $2.16B | $287.10M | $274.40M | (m) | 35.03% | 13.30% | (m) | (m) |
| 2021-09-30 | $730.60M | $2.10B | $284.00M | $-142.40M | (m) | 34.85% | 13.55% | (m) | (m) |
| 2021-06-30 | $726.60M | $2.03B | $286.90M | $-189.70M | (m) | 35.73% | 14.11% | (m) | (m) |
| 2021-03-31 | $726.90M | $1.97B | $289.60M | $-261.30M | (m) | 36.89% | 14.70% | (m) | (m) |
| 2020-12-31 | $727.50M | $1.91B | $261.50M | $-277.00M | (m) | 38.01% | 13.66% | (m) | (m) |
| 2020-09-30 | $727.80M | $1.86B | $261.40M | $63.00M | (m) | 39.22% | 14.09% | (m) | (m) |
| 2020-06-30 | $717.30M | $1.80B | $253.90M | $14.40M | (m) | 39.93% | 14.13% | (m) | (m) |
| 2020-03-31 | $693.90M | $1.73B | $245.40M | $-32.40M | (m) | 40.09% | 14.18% | (m) | (m) |
| 2019-12-31 | $662.10M | $1.66B | $261.20M | $-80.50M | (m) | 39.85% | 15.72% | (m) | (m) |
| 2019-09-30 | $622.00M | $1.59B | $245.40M | $-85.90M | (m) | 39.09% | 15.42% | (m) | (m) |
| 2019-06-30 | $582.40M | $1.52B | $232.20M | $-76.20M | (m) | 38.23% | 15.24% | (m) | (m) |
| 2019-03-31 | $539.70M | $1.46B | $219.20M | $-49.40M | (m) | 36.94% | 15.00% | (m) | (m) |
| 2018-12-31 | $768.20M | $1.39B | $650.10M | $-494.00M | (m) | 55.20% | 46.71% | (m) | (m) |
| 2018-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-12-31 | $380.30M | $1.11B | $164.60M | $-113.70M | (m) | 34.36% | 14.87% | (m) | (m) |
| 2017-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2016-12-31 | $289.70M | $844.80M | $147.60M | $-193.50M | (m) | 34.29% | 17.47% | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.