Dropbox, Inc. is a US cloud storage and file hosting company founded in 2007 by Drew Houston and Arash Ferdowsi. It is headquartered in San Francisco, California, and trades on the Nasdaq under the ticker DBX. The company provides file synchronization, cloud storage, and collaboration services used by hundreds of millions of people worldwide.
The company is going through a leadership transition. In May 2026, Ashraf Alkarmi was promoted to co-CEO alongside co-founder Drew Houston, who is moving into an Executive Chairman role while Alkarmi takes over as sole CEO. Other senior leaders include Ross Tennenbaum as Chief Financial Officer (since December 2025), Ali Dasdan as Chief Technology Officer, Eric Webster as Chief Business Officer, and Will Yoon as Chief Legal Officer.
For fiscal year 2025 Dropbox reported revenue of about $2.52 billion, down roughly 1% from $2.55 billion in 2024. As of July 2026 its market capitalization was around $6.67 billion, and it employed about 2,113 people. The board includes the two co-CEOs plus outside directors such as Karen Peacock, Michael Seibel, and Warren Jenson.