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Side-by-side financial comparison of Brookfield Renewable Corp (BEPC) and DROPBOX, INC. (DBX). Click either name above to swap in a different company.

Brookfield Renewable Corp is the larger business by last-quarter revenue ($952.0M vs $636.2M, roughly 1.5× DROPBOX, INC.). DROPBOX, INC. runs the higher net margin — 17.1% vs -152.0%, a 169.1% gap on every dollar of revenue. On growth, DROPBOX, INC. posted the faster year-over-year revenue change (-1.1% vs -3.7%).

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

Dropbox is a file hosting service operated by the American company Dropbox, Inc., headquartered in San Francisco, California, that offers cloud storage, file synchronization, personal cloud, and client software. Dropbox was founded in 2007 by MIT students Drew Houston and Arash Ferdowsi as a startup company, with initial funding from seed accelerator Y Combinator.

BEPC vs DBX — Head-to-Head

Bigger by revenue
BEPC
BEPC
1.5× larger
BEPC
$952.0M
$636.2M
DBX
Growing faster (revenue YoY)
DBX
DBX
+2.6% gap
DBX
-1.1%
-3.7%
BEPC
Higher net margin
DBX
DBX
169.1% more per $
DBX
17.1%
-152.0%
BEPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEPC
BEPC
DBX
DBX
Revenue
$952.0M
$636.2M
Net Profit
$-1.4B
$108.7M
Gross Margin
79.2%
Operating Margin
25.5%
Net Margin
-152.0%
17.1%
Revenue YoY
-3.7%
-1.1%
Net Profit YoY
-326.8%
5.7%
EPS (diluted)
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEPC
BEPC
DBX
DBX
Q4 25
$636.2M
Q3 25
$634.4M
Q2 25
$952.0M
$625.7M
Q1 25
$624.7M
Q4 24
$643.6M
Q3 24
$638.8M
Q2 24
$989.0M
$634.5M
Q1 24
$631.3M
Net Profit
BEPC
BEPC
DBX
DBX
Q4 25
$108.7M
Q3 25
$123.8M
Q2 25
$-1.4B
$125.6M
Q1 25
$150.3M
Q4 24
$102.8M
Q3 24
$106.7M
Q2 24
$-339.0M
$110.5M
Q1 24
$132.3M
Gross Margin
BEPC
BEPC
DBX
DBX
Q4 25
79.2%
Q3 25
79.8%
Q2 25
80.2%
Q1 25
81.3%
Q4 24
81.2%
Q3 24
82.5%
Q2 24
83.1%
Q1 24
83.2%
Operating Margin
BEPC
BEPC
DBX
DBX
Q4 25
25.5%
Q3 25
27.5%
Q2 25
26.9%
Q1 25
29.4%
Q4 24
13.7%
Q3 24
20.0%
Q2 24
20.0%
Q1 24
22.7%
Net Margin
BEPC
BEPC
DBX
DBX
Q4 25
17.1%
Q3 25
19.5%
Q2 25
-152.0%
20.1%
Q1 25
24.1%
Q4 24
16.0%
Q3 24
16.7%
Q2 24
-34.3%
17.4%
Q1 24
21.0%
EPS (diluted)
BEPC
BEPC
DBX
DBX
Q4 25
$0.43
Q3 25
$0.47
Q2 25
$0.45
Q1 25
$0.51
Q4 24
$0.33
Q3 24
$0.34
Q2 24
$0.34
Q1 24
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEPC
BEPC
DBX
DBX
Cash + ST InvestmentsLiquidity on hand
$556.0M
$891.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$10.8B
$-1.8B
Total Assets
$46.0B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEPC
BEPC
DBX
DBX
Q4 25
$891.3M
Q3 25
$730.7M
Q2 25
$556.0M
$736.3M
Q1 25
$942.2M
Q4 24
$1.3B
Q3 24
$517.6M
Q2 24
$614.0M
$515.1M
Q1 24
$548.9M
Stockholders' Equity
BEPC
BEPC
DBX
DBX
Q4 25
$-1.8B
Q3 25
$-1.5B
Q2 25
$10.8B
$-1.3B
Q1 25
$-1.1B
Q4 24
$-752.4M
Q3 24
$-546.1M
Q2 24
$14.8B
$-371.3M
Q1 24
$-277.2M
Total Assets
BEPC
BEPC
DBX
DBX
Q4 25
$2.8B
Q3 25
$2.8B
Q2 25
$46.0B
$2.8B
Q1 25
$3.0B
Q4 24
$3.3B
Q3 24
$2.6B
Q2 24
$42.6B
$2.7B
Q1 24
$2.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEPC
BEPC
DBX
DBX
Operating Cash FlowLast quarter
$139.0M
$235.4M
Free Cash FlowOCF − Capex
$224.9M
FCF MarginFCF / Revenue
35.4%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
2.17×
TTM Free Cash FlowTrailing 4 quarters
$930.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEPC
BEPC
DBX
DBX
Q4 25
$235.4M
Q3 25
$302.1M
Q2 25
$139.0M
$260.5M
Q1 25
$153.8M
Q4 24
$213.8M
Q3 24
$274.2M
Q2 24
$140.0M
$230.6M
Q1 24
$175.5M
Free Cash Flow
BEPC
BEPC
DBX
DBX
Q4 25
$224.9M
Q3 25
$293.7M
Q2 25
$258.5M
Q1 25
$153.7M
Q4 24
$210.5M
Q3 24
$270.1M
Q2 24
$224.7M
Q1 24
$166.3M
FCF Margin
BEPC
BEPC
DBX
DBX
Q4 25
35.4%
Q3 25
46.3%
Q2 25
41.3%
Q1 25
24.6%
Q4 24
32.7%
Q3 24
42.3%
Q2 24
35.4%
Q1 24
26.3%
Capex Intensity
BEPC
BEPC
DBX
DBX
Q4 25
1.7%
Q3 25
1.3%
Q2 25
0.3%
Q1 25
0.0%
Q4 24
0.5%
Q3 24
0.6%
Q2 24
0.9%
Q1 24
1.5%
Cash Conversion
BEPC
BEPC
DBX
DBX
Q4 25
2.17×
Q3 25
2.44×
Q2 25
2.07×
Q1 25
1.02×
Q4 24
2.08×
Q3 24
2.57×
Q2 24
2.09×
Q1 24
1.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEPC
BEPC

Segment breakdown not available.

DBX
DBX

US$355.3M56%
Non Us$280.9M44%

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