Tech — Software
Dropbox Executive Compensation (FY25)
DBX · San Francisco, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 26, 2026
185 figures on this page: 177 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Andrew Houston, Chief Executive Officer and Co-Founder, received $2,166,622 in total compensation for fiscal 2025, and Houston's total moved 27.0% higher from the $1,706,505 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 8:1, against median employee compensation of $286,151. Shareholders recorded 99.3% support for the say-on-pay proposal at the meeting held May 21, 2026 for fiscal 2025. The disclosed peer group names Affirm Holdings, AppLovin, Box, DocuSign and Elastic, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Andrew Houston: $1,706,505 → $2,166,622 (27.0% higher)
CEO pay ratio: 7:1 → 8:1 (14.3% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Dropbox's chief executive and what were they paid?
Andrew Houston, Chief Executive Officer and Co-Founder, received $2,166,622 in total compensation for fiscal 2025. Houston's total moved 27.0% higher from the $1,706,505 reported for fiscal 2024.
What was Dropbox's say-on-pay result?
Shareholders recorded 99.3% support for the say-on-pay proposal at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Dropbox's peer group?
The disclosed peer group names Affirm Holdings, AppLovin, Box, DocuSign and Elastic, among others.
What is Dropbox's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 8:1, against median employee compensation of $286,151.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Timothy Regan Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bart Volkmer Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andrew Houston Chief Executive Officer and Co-Founder | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Timothy Young President | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Timothy Regan Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bart Volkmer Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andrew Houston Chief Executive Officer and Co-Founder | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Timothy Young Former President Departed during or after this year | ◇ | — | — | — | — | — | — | ◇ |
Eric Cox Chief Customer Officer | ◇ | — | — | — | — | — | — | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Eric Cox Chief Customer Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Timothy Regan Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bart Volkmer Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andrew Houston Chief Executive Officer and Co-Founder | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Ashraf Alkarmi General Manager and Senior Vice President, Core Products | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ali Dasdan Chief Technology Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Timothy Regan Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
William Yoon Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andrew Houston Chief Executive Officer and Co-Founder | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Ross Tennenbaum Chief Financial Officer | ◇ | ◇ | — | — | — | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Ali Dasdan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ashraf Alkarmi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Timothy Regan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| William Yoon | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Andrew Houston | RSU | ◇ | ◇ | — | — |
| William Yoon | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Ashraf Alkarmi | RSU | ◇ | ◇ | — | — |
| Timothy Regan | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Ali Dasdan | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Warren Jenson | ◇ | ◇ | — | — | — | — | ◇ |
Lisa Campbell | ◇ | ◇ | — | — | — | — | ◇ |
Karen Peacock Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Paul E. Jacobs | ◇ | ◇ | — | — | — | — | ◇ |
Andrew Moore | ◇ | ◇ | — | — | — | — | ◇ |
Michael Seibel | ◇ | ◇ | — | — | — | — | ◇ |
Abhay Parasnis | ◇ | ◇ | — | — | — | — | ◇ |
Donald W. Blair | ◇ | — | — | — | — | — | ◇ |
Sara Mathew | ◇ | — | — | — | — | — | ◇ |
Andrew W. Houston served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Affirm Holdings AFRM
- AppLovin APP
- Box BOX
- DocuSign DOCU
- Elastic ESTC
- Etsy ETSY
- GoDaddy GDDY
- HubSpot HUBS
- Informatica INFA
- Nutanix NTNX
- Okta OKTA
- Paycom Software PAYC
- Pinterest PINS
- Pure Storage P
- RingCentral RNG
- Roku ROKU
- Teradata TDC
- Zoom Communications ZM
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 15, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 16, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 18, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 19, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 20, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 21, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 23, 2019 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Dropbox disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Dropbox sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
185 figures on this page: 177 cited to the filing that reported them, 8 calculated from figures it prints.
177 cited to the filing
8 calculated from the filing
Documents cited
- 0001467623-26-000036Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001467623-26-0000202025 Director Compensation · Director Compensation · Grants of Plan-Based Awards in 2025 · Outstanding Equity Awards at 2025 Year-End · and 2 more sections
- 0001467623-25-000082
- 0001467623-25-000047Summary Compensation Table for Fiscal Year 2024
- 0001467623-24-000032Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001467623-24-000017Summary Compensation Table for Fiscal Year 2023
- 0001467623-23-000032Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-23-016227Summary Compensation Table for Fiscal Year 2022
- 0001467623-22-000030Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001467623-21-000029Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001467623-20-000027Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-159336Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Dropbox executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DBX (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings
Peers Dropbox discloses
The companies named in DBX's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}