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Dropbox Executive Compensation (FY25)

DBX · San Francisco, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Andrew Houston
Median of the other named officers
$6,977,144
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): May 26, 2026
13 filings cited on this page
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197 figures on this page: 189 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Regan
Chief Financial Officer
◇—◇—◇—◇◇
Bart Volkmer
Chief Legal Officer
◇—◇—◇—◇◇
Andrew Houston
Chief Executive Officer and Co-Founder
◇———◇—◇◇
Timothy Young
President
◇———◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Ali DasdanRSU◇——◇——◇
Ashraf AlkarmiRSU◇——◇——◇
Timothy ReganRSU◇——◇——◇
William YoonRSU◇——◇——◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Andrew HoustonRSU◇◇——
William YoonRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Ashraf AlkarmiRSU◇◇——
Timothy ReganRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Ali DasdanRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Andrew Houston
Chief Executive Officer and Co-Founder · Change-in-control agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Timothy Regan
Former Chief Financial Officer · Change-in-control agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

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.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 18, 2023=◇◇◇
2021May 19, 2022=◇◇◇
2020May 20, 2021=◇◇◇
2019May 21, 2020=◇◇◇
2018May 23, 2019=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Andrew Houston (Chief Executive Officer and Co-Founder), FY2025 total compensation $2,166,622 (base salary $800,000) [exec_comp, SEC accession 0001467623-26-000020, filed 2026-04-07]

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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.
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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.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable 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.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
197 figures on this page: 189 cited to the filing that reported them, 8 calculated from figures it prints.
189 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001467623-26-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001467623-26-000020
    2025 Director Compensation · Director Compensation · Grants of Plan-Based Awards in 2025 · Outstanding Equity Awards at 2025 Year-End · and 2 more sections
  3. 0001467623-25-000082
  4. 0001467623-25-000047
    Summary Compensation Table for Fiscal Year 2024
  5. 0001467623-24-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001467623-24-000017
    Summary Compensation Table for Fiscal Year 2023
  7. 0001467623-24-000008
    Exhibit
  8. 0001467623-23-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001140361-23-016227
    Summary Compensation Table for Fiscal Year 2022
  10. 0001467623-22-000030
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001467623-21-000029
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001467623-20-000027
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-19-159336
    Item 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

The Dropbox brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings

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Peers Dropbox discloses

The companies named in DBX's own disclosed peer group.

Affirm HoldingsAppLovinBoxDocuSignElasticEtsyGoDaddyHubSpotInformaticaNutanixOktaPaycom SoftwarePinterestPure StorageRingCentralRokuTeradataZoom Communications

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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}
}
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