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Dropbox, Inc.

Active

in

Registration No.
B20250172566
Incorporation Date
2025-06-20
Company Type
N/A
Address
United States
Website
dropbox.com/
Source: California Secretary of State — bizfile Online

Dropbox, Inc. is a United States-based technology company that provides cloud-based content collaboration and file storage services. The company was originally incorporated in Delaware in May 2007 under the name Evenflow, Inc. and adopted its current name, Dropbox, Inc., in October 2009. Effective March 5, 2025, Dropbox, Inc. completed a reincorporation from Delaware to Nevada, approved by its controlling shareholder; the change affected only the state law governing the companys corporate affairs and did not alter its business operations, management or material contracts. Dropbox, Inc. is listed on the Nasdaq Global Select Market under the ticker symbol DBX and maintains its principal executive offices at 1800 Owens Street, San Francisco, California.

The companys core product is a cloud storage and file-synchronization platform used by individuals and businesses to store, share and collaborate on digital content. Dropbox, Inc. has expanded this offering through acquired product lines, including Dropbox Sign, an electronic-signature and document-workflow tool; DocSend, a secure document-sharing and analytics service; and FormSwift, a cloud-based forms and document-creation service. In 2024 the company added Reclaim.ai, an AI-powered scheduling tool, and has continued to develop AI-oriented features such as its Dash search product.

For the fiscal year ended December 31, 2025, Dropbox, Inc. reported total revenue of approximately 2.521 billion US dollars, a decrease of 1.1 percent from the prior year, alongside a GAAP operating margin of 27.3 percent and GAAP net income of 508.4 million US dollars. As of December 31, 2025, the company employed 2,113 full-time staff, of whom 1,612 were located in the United States and 501 internationally.

Dropbox, Inc.s move to Nevada drew scrutiny from some shareholders: on April 3, 2025, a lawsuit was filed in the Delaware Court of Chancery challenging the reincorporation. The company has said the change was intended to provide a more predictable legal environment during a period of business transformation.

Data Provenance
This record is sourced directly from official government registries, including California Secretary of State — bizfile Online.

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Shareholders

5

Dropbox, Inc. is a publicly listed company on the Nasdaq Global Select Market (ticker: DBX) and, as such, does not disclose a complete shareholder register; ownership information is limited to institutional investors and insiders who are required to report their positions to the SEC. Dropbox, Inc. maintains a dual-class share structure comprising Class A common stock, which carries one vote per share, and Class B common stock, which carries ten votes per share and is convertible into Class A stock at the holders option; a non-voting Class C common stock is also authorized. Co-founder Andrew W. Houston holds Class B shares that give him majority voting control of the company, and this controlling position allowed the March 2025 reincorporation from Delaware to Nevada to be approved by written shareholder consent rather than a full shareholder vote. Beyond Houstons controlling position, Dropbox, Inc.s share register includes holdings by passive institutional investors, predominantly index funds and exchange-traded funds, consistent with the companys inclusion in market indices such as the S&P MidCap 400.

Ultimate beneficial ownership: Andrew W. Houston is identified as the controlling shareholder of Dropbox, Inc. through his Class B super-voting shares, as disclosed in the companys SEC filings and confirmed by his use of written shareholder consent to approve the companys 2025 reincorporation. A precise, current effective ownership percentage was not independently verified from a primary filing during this research and is therefore not stated here.

Data availability: Major shareholders only. Shareholder information for Dropbox, Inc. is limited to what a listed company discloses under SEC beneficial-ownership rules (Schedule 13D, 13G and 13F) and does not represent a complete shareholder register. Percentages held by institutional funds vary by reporting date and by filer methodology, and figures should be treated as indicative of the largest disclosed holders rather than a precise, current ownership table.

Shareholder Type Holding Source Document
Vanguard Group Inc 16.9% California Secretary of State — bizfile Online
iShares Trust-iShares Core S&P Mid-Cap ETF 4.2% California Secretary of State — bizfile Online
VANGUARD WORLD FUND-Vanguard Information Technology Index Fund 3.4% California Secretary of State — bizfile Online
Fidelity Devonshire TRT-Fidelity Series Stock Selector Large Cap Value 2.4% California Secretary of State — bizfile Online
SPDR S&P MIDCAP 400 ETF TRUST 1% California Secretary of State — bizfile Online

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Officers

5

Andrew W. Houston (Drew Houston) co-founded Dropbox, Inc. in 2007 and served as sole Chief Executive Officer and Chair of the Board through early 2026. On May 26, 2026, the company announced that Ashraf Alkarmi, previously general manager of Dropboxs core business (who joined the company in 2024 from product leadership roles at Vimeo, Amazon and Meta Platforms), had been appointed co-CEO alongside Houston. Dropbox, Inc. stated that, following a transition period, Alkarmi is expected to become sole Chief Executive Officer while Houston moves into the role of Executive Chairman; as of this research the company had not disclosed the exact date that transition would be completed, and Houston was still listed as CEO and Chair of the Board in the companys proxy statement filed in April 2026.

Ross Tennenbaum has served as Chief Financial Officer of Dropbox, Inc. since December 16, 2025, succeeding Timothy Regan, who had held the role since 2020 and remained with the company in a non-executive capacity through March 15, 2026. Mike Torres was announced as incoming Chief Product Officer effective July 7, 2026, joining from prior product leadership roles at Chrome, Kindle and OneDrive.

Dropbox, Inc.s board of directors, per its proxy statement filed April 7, 2026, comprised Andrew W. Houston (Chair and CEO), Karen Peacock (Lead Independent Director), and independent directors Lisa Campbell, Warren Jenson, Andrew Moore, Abhay Parasnis, Michael Seibel and Paul E. Jacobs, with Jacobs listed as not standing for re-election at the 2026 annual meeting.

Data availability: officer and director information for Dropbox, Inc. is drawn from its SEC filings (proxy statements and periodic reports) and official company announcements. Because board and executive composition changes periodically, the summary above reflects the most recent verified filings and announcements as of September 2026 and may not capture leadership changes that occurred after that date.

MS
Michael Seibel ACTIVE

Residence
🇺🇸 United States
Occupation
Director

AH
Andrew Houston ACTIVE

Residence
🇺🇸 United States
Occupation
Director

DB
Don Blair ACTIVE

Residence
🇺🇸 United States
Occupation
Director

PJ
Paul Jacobs ACTIVE

Residence
🇺🇸 United States
Occupation
Director

TJ
Timothy J. Regan Cpa ACTIVE

Residence
🇺🇸 United States
Occupation
Chief Financial Officer

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Group Structure

Dropbox, Inc. has grown in part through acquisitions of smaller technology companies. Verified acquisitions, based on the companys own SEC filings and public announcements, include JN Projects, Inc. (operating as HelloSign, subsequently rebranded as Dropbox Sign), a Delaware corporation acquired in February 2019 that provides electronic-signature and document-workflow technology; DocSend, Inc., a secure document-sharing and analytics company acquired in March 2021; FormSwift, a cloud-based document and forms service acquired in December 2022 for approximately 95 million US dollars; and Reclaim.ai, Inc., an AI-powered scheduling tool acquired on July 26, 2024, as confirmed in Dropbox, Inc.s Form 10-K for the fiscal year ended December 31, 2025.

Dropbox, Inc.s SEC filings confirm that the company operates internationally, reporting 501 employees located outside the United States as of December 31, 2025, out of 2,113 total full-time employees. Zavias internal corporate-linkage data lists a number of additional entities under Dropbox, Inc., including possible national subsidiaries in Ireland, Australia, Denmark, France, Germany, the Netherlands, Poland, Singapore, Sweden, Taiwan and the United Kingdom, plus several older or smaller US entities. These links could not be independently confirmed against each entitys home-country company registry within this research and are therefore not presented as verified relationships here.

Data availability: Partial. Verified group information is limited to acquisitions disclosed in SEC filings and Dropbox, Inc.s own announcements. A broader set of possible group entities exists in Zavias internal registry data but has not been independently verified and is omitted from this summary pending confirmation.

Ultimate HQ
Dropbox, Inc.
United States
ENDORSE CORP.
US CA 3333955

Orcinus Holdings, LLC
#0229475282

CLOUDON, INC.+ subsidiaries
US CA 3111399

Snapjoy, Inc.
#0189675325

KING STREET LABS, LLC
US OR 86334399

Ai Reclaim LLC
#0197964895

Dropbox Japan Co., Ltd.
JP 8010401113045

MOBILESPAN, INC.
US DE 4969837

+6 more entities

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Frequently Asked Questions

What does Dropbox, Inc. do?

Dropbox, Inc. is a Nevada-incorporated (reincorporated from Delaware in March 2025) provider of cloud storage and content-collaboration software, including Dropbox Sign, DocSend, FormSwift and Reclaim.ai, headquartered in San Francisco, California.

Who owns Dropbox, Inc.?

Dropbox, Inc. has a dual-class share structure; co-founder Andrew W. Houston holds Class B super-voting shares giving him majority voting control, while public Class A shares are held by institutional and retail investors.

Who is Dropbox, Inc.'s UBO (Ultimate Beneficial Owner)?

Andrew W. Houston is Dropbox, Inc.'s controlling shareholder through Class B super-voting stock; a precise, current effective ownership percentage was not independently verified from a primary source.

What is Dropbox, Inc.'s company registration number?

Dropbox, Inc.'s registration number is B20250172566, filed with California Secretary of State — bizfile Online in United States. Its current status on the register is active.

Is Dropbox, Inc. still an active company?

Dropbox, Inc.'s status on California Secretary of State — bizfile Online is listed as active.

When was Dropbox, Inc. incorporated?

Dropbox, Inc. was incorporated on 20 June 2025, according to California Secretary of State — bizfile Online.

What is Dropbox, Inc.'s registered address?

The registered address on file for Dropbox, Inc. is United States.

What is Dropbox, Inc.'s revenue?

Dropbox, Inc. reported total revenue of approximately 2.521 billion US dollars for fiscal year 2025 (ended December 31, 2025), down 1.1 percent year-over-year, with GAAP net income of 508.4 million US dollars.

Is Dropbox, Inc. listed on a stock exchange?

Dropbox, Inc. trades on the Nasdaq Global Select Market under the ticker symbol DBX.

Who are the officers/directors of Dropbox, Inc.?

Andrew W. Houston, Dropbox, Inc.'s co-founder, served as sole CEO and Board Chair through early 2026; on May 26, 2026, Ashraf Alkarmi was named co-CEO, with Houston expected to become Executive Chairman after a transition period. Ross Tennenbaum has been CFO since December 16, 2025.

Does Dropbox, Inc. have a parent company or subsidiaries?

Verified Dropbox, Inc. acquisitions include HelloSign / Dropbox Sign (2019), DocSend (2021), FormSwift (2022) and Reclaim.ai (2024); additional linked entities in internal data were not independently verified.

Can Zavia monitor changes to Dropbox, Inc.'s ownership over time?

This profile reflects a point-in-time snapshot from California Secretary of State — bizfile Online. Zavia's monitoring API can track changes to Dropbox, Inc.'s registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.

Can I access Dropbox, Inc.'s data through an API?

Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like Dropbox, Inc.'s registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.

Where does this company information come from, and how current is it?

This record is sourced directly from California Secretary of State — bizfile Online and was last synced on 17 September 2026.

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