Dropbox vs Fair Isaac
Dropbox is the larger business, with $2.52bn of revenue in fiscal 2025 against $1.99bn for Fair Isaac (1.3 times as much). Fair Isaac grew faster (15.9% against -1.1%). Fair Isaac kept more of each dollar of sales as profit: a net margin of 32.7% against 20.2%.
| Latest fiscal year | DropboxDBX, 2025 | Fair IsaacFICO, 2025 |
|---|---|---|
| Revenue | $2.52bn | $1.99bn |
| Revenue growth | -1.1% | 15.9% |
| Net income | $508m | $652m |
| Operating margin | 27.3% | 46.5% |
| Net margin | 20.2% | 32.7% |
| Return on equity | — | — |
| Free cash flow | $931m | $770m |
| Cash | $891m | $134m |
| Total debt | $2.14bn | $3.06bn |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.71bn | $1.41bn |
| Employees | 2,113 | — |
| Market value | $7.93bn | $15.70bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 53 (Moderate) | 71 (Strong) |
| Insider trades, 12 months | 0 buys, 74 sales | 0 buys, 21 sales |