SuperworthDropbox shares outstanding DBX
Diluted shares outstanding, averaged over each quarter, from 2017.
- Latest quarter, to Jun 30, 2026
- 226.8M
- On a year earlier
- −18.0%
- fewer shares
Dropbox had 226.8M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 18.0% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 254.1M | −19% |
| FY2024 | 312.4M | −9% |
| FY2023 | 344.7M | −3% |
| FY2022 | 353.8M | −7% |
| FY2021 | 382.4M | −7% |
| FY2020 | 411.6M | +1% |
| FY2019 | 409.2M | +0% |
| FY2018 | 407.9M | +107% |
| FY2017 | 197.1M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 226.8M | −18% | |
| Q1 FY26 | 236.7M | −20% | |
| Q4 FY25 | 254.1M | −19% | |
| Q3 FY25 | 265.1M | −16% | |
| Q2 FY25 | 276.7M | −15% | |
| Q1 FY25 | 295.7M | −13% | |
| Q4 FY24 | 312.4M | −9% | |
| Q3 FY24 | 316.4M | −9% | |
| Q2 FY24 | 323.7M | −6% | |
| Q1 FY24 | 340.7M | −2% | |
| Q4 FY23 | 344.7M | −3% | |
| Q3 FY23 | 346M | −4% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Dropbox
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.