Every material Form 8-K Dropbox filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Dropbox reported third-quarter 2026 revenue of $637.3 million, representing a 0.5% year-over-year increase, alongside GAAP net income of $116.1 million. The company also announced a planned $350.0 million cash acquisition of Tigris Data and the launch of DBX Agent Cloud to expand into AI infrastructure.
Total revenue was $637.3 million for the quarter ended September 30, 2026, up 0.5% year-over-year.
GAAP net income was $116.1 million, and non-GAAP net income reached $197.8 million.
Announced an agreement to acquire Tigris Data for approximately $350.0 million in cash.
Total annual recurring revenue reached $2.555 billion, an increase of 0.8% year-over-year.
Dropbox agreed on November 3, 2026 to buy all outstanding equity of Tigris Data Inc., an object storage platform built for AI workloads, for cash consideration of about $350 million, subject to customary price adjustments. The company also launched DBX Agent Cloud, a storage offering that initially provides standalone object storage, and closing is expected in the fourth quarter of 2026 subject to customary conditions.
Cash consideration of approximately $350 million, subject to customary purchase price adjustments
Definitive agreement entered November 3, 2026; closing expected in the fourth quarter of 2026
DBX Agent Cloud starts with S3-compatible object storage; AI features have rolled out to more than 70,000 teams
Initial rollout focuses on eligible Standard and Advanced teams in the US, UK, and Australia; broader availability planned for 2027
Dropbox announced a reduction of about 9% of its global workforce to align investments with its top product and growth priorities, with estimated cash costs of $27 million to $33 million and $20 million to $25 million of incremental expense. The company also said its preliminary third quarter 2026 results are expected to be in line with or above its guidance ranges for revenue, constant currency revenue and non-GAAP operating margin, and that Chief Technology Officer Ali Dasdan will step down on November 18, 2026.
Global workforce reduction of approximately 9%, with most cash payments and expense recognized in Q4 2026
Estimated total cash expenditures of $27 million to $33 million; incremental expense of $20 million to $25 million
Preliminary Q3 2026 results expected in line with or above guidance; full results due November 5, 2026
CTO Ali Dasdan steps down effective November 18, 2026, with a $515,000 pro rata bonus and a lump sum payment of about $1.3 million
Dropbox reported results for the quarter ended June 30, 2026, with revenue up 0.9% year over year to $631.5 million. GAAP net income and GAAP diluted earnings per share declined from a year earlier, while non-GAAP diluted earnings per share rose to $0.75 from $0.71. The filing does not include forward guidance; the company said it will provide guidance on its conference call.
Revenue was $631.5 million, up from $625.7 million; excluding FormSwift, revenue rose 1.7%.
GAAP net income was $95.8 million versus $125.6 million; GAAP diluted EPS was $0.42 versus $0.45.
Non-GAAP diluted EPS was $0.75 versus $0.71; non-GAAP operating margin was 39.7% versus 41.5%.
Common stock repurchases were $330.3 million in the quarter; unlevered free cash flow was $283.5 million.
Dropbox entered a $400 million senior secured revolving credit facility maturing December 11, 2029, with no borrowings outstanding as of June 1, 2026. The company also authorized a new $900 million share repurchase program for its Class A common stock, which the filing says may be used to fund repurchases.
Revolving credit facility provides up to $400 million, expandable to $500 million, and matures December 11, 2029.
As of June 1, 2026, the company had no outstanding loans or letters of credit under the facility.
New share repurchase program authorizes up to an additional $900 million of Class A common stock.
Revolver includes a maximum consolidated leverage ratio covenant of 5.00 to 1.00 and is secured by substantially all company assets.
Dropbox said Ashraf Alkarmi, its General Manager, Core, will become Co-Chief Executive Officer and a board member effective May 26, 2026, alongside co-founder Andrew Houston. After a transition period, Houston is expected to become Executive Chairman and Alkarmi will be the sole CEO. The company also said it expects second quarter and fiscal 2026 results to be in line with or above previously provided guidance ranges.
Ashraf Alkarmi, 47, joined Dropbox in November 2024 and becomes Co-CEO effective May 26, 2026.
Alkarmi's annual base salary is $825,000 from June 1, 2026, with RSUs valued at $12,656,250 vesting over four years.
Dropbox expects Q2 and fiscal 2026 results in line with or above the guidance ranges given in its May 7, 2026 investor supplement.
Michael Torres was appointed Chief Product Officer, effective July 7, 2026.
Dropbox reported first-quarter 2026 revenue of $629.5 million, up 0.8% from a year earlier, and excluding FormSwift, up 2.0%. GAAP net income fell to $114.5 million from $150.3 million, mainly because interest expense rose on additional draws on its term loan, so shareholders see higher sales but lower profit. The filing does not include forward guidance; the company said it will provide guidance on its conference call and website.
Revenue was $629.5 million, up 0.8% year over year; excluding FormSwift, revenue rose 2.0%.
GAAP diluted EPS was $0.48, down from $0.51; non-GAAP diluted EPS was $0.76, up from $0.70.
GAAP operating margin was 27.5%, down from 29.4%; interest expense, net was $36.7 million, up from $14.6 million.
Net cash provided by operating activities was $204.5 million, up from $153.8 million; common stock repurchases were $366.8 million.
Dropbox reported fourth-quarter and fiscal 2025 results. Q4 revenue was $636.2 million, down 1.1% year-over-year, and the company said it exceeded the high end of its revenue and operating margin guidance for the quarter. GAAP diluted EPS rose to $0.43 from $0.34, while non-GAAP diluted EPS fell to $0.68 from $0.73.
Q4 2025 revenue was $636.2 million, down 1.1%; excluding FormSwift, revenue grew 0.4%.
GAAP operating margin was 25.5%, up from 13.7%; non-GAAP operating margin was 38.2%, up from 36.9%.
Non-GAAP net income was $173.9 million, down from $222.6 million, mainly due to a higher tax provision and interest expense on the term loan.
Fiscal 2025 revenue was $2.521 billion, down 1.1%; the company repurchased about 60.4 million shares for $1.7 billion during the year.
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