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Side-by-side financial comparison of DROPBOX, INC. (DBX) and Enova International, Inc. (ENVA). Click either name above to swap in a different company.

Enova International, Inc. is the larger business by last-quarter revenue ($875.1M vs $636.2M, roughly 1.4× DROPBOX, INC.). DROPBOX, INC. runs the higher net margin — 17.1% vs 10.4%, a 6.7% gap on every dollar of revenue. On growth, Enova International, Inc. posted the faster year-over-year revenue change (17.4% vs -1.1%). Over the past eight quarters, Enova International, Inc.'s revenue compounded faster (18.0% CAGR vs 0.4%).

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.

Enova International, Inc. is a global fintech firm providing online financial solutions including short-term consumer loans and small business financing. It operates mainly across North America, South America and Europe, using advanced data analytics to assess creditworthiness and deliver tailored products to underserved borrower segments.

DBX vs ENVA — Head-to-Head

Bigger by revenue
ENVA
ENVA
1.4× larger
ENVA
$875.1M
$636.2M
DBX
Growing faster (revenue YoY)
ENVA
ENVA
+18.5% gap
ENVA
17.4%
-1.1%
DBX
Higher net margin
DBX
DBX
6.7% more per $
DBX
17.1%
10.4%
ENVA
Faster 2-yr revenue CAGR
ENVA
ENVA
Annualised
ENVA
18.0%
0.4%
DBX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DBX
DBX
ENVA
ENVA
Revenue
$636.2M
$875.1M
Net Profit
$108.7M
$91.1M
Gross Margin
79.2%
Operating Margin
25.5%
23.7%
Net Margin
17.1%
10.4%
Revenue YoY
-1.1%
17.4%
Net Profit YoY
5.7%
24.9%
EPS (diluted)
$0.43
$3.46

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
DBX
DBX
ENVA
ENVA
Q1 26
$875.1M
Q4 25
$636.2M
$839.4M
Q3 25
$634.4M
$802.7M
Q2 25
$625.7M
$764.0M
Q1 25
$624.7M
$745.5M
Q4 24
$643.6M
$729.6M
Q3 24
$638.8M
$689.9M
Q2 24
$634.5M
$628.4M
Net Profit
DBX
DBX
ENVA
ENVA
Q1 26
$91.1M
Q4 25
$108.7M
$79.0M
Q3 25
$123.8M
$80.3M
Q2 25
$125.6M
$76.1M
Q1 25
$150.3M
$72.9M
Q4 24
$102.8M
$63.7M
Q3 24
$106.7M
$43.4M
Q2 24
$110.5M
$53.9M
Gross Margin
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
79.2%
59.8%
Q3 25
79.8%
57.4%
Q2 25
80.2%
57.8%
Q1 25
81.3%
57.2%
Q4 24
81.2%
56.6%
Q3 24
82.5%
58.0%
Q2 24
83.1%
58.9%
Operating Margin
DBX
DBX
ENVA
ENVA
Q1 26
23.7%
Q4 25
25.5%
22.2%
Q3 25
27.5%
24.5%
Q2 25
26.9%
24.1%
Q1 25
29.4%
23.1%
Q4 24
13.7%
21.3%
Q3 24
20.0%
22.3%
Q2 24
20.0%
23.1%
Net Margin
DBX
DBX
ENVA
ENVA
Q1 26
10.4%
Q4 25
17.1%
9.4%
Q3 25
19.5%
10.0%
Q2 25
20.1%
10.0%
Q1 25
24.1%
9.8%
Q4 24
16.0%
8.7%
Q3 24
16.7%
6.3%
Q2 24
17.4%
8.6%
EPS (diluted)
DBX
DBX
ENVA
ENVA
Q1 26
$3.46
Q4 25
$0.43
$2.94
Q3 25
$0.47
$3.03
Q2 25
$0.45
$2.86
Q1 25
$0.51
$2.69
Q4 24
$0.33
$2.29
Q3 24
$0.34
$1.57
Q2 24
$0.34
$1.93

Balance Sheet & Financial Strength

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

Metric
DBX
DBX
ENVA
ENVA
Cash + ST InvestmentsLiquidity on hand
$891.3M
$96.1M
Total DebtLower is stronger
$4.8B
Stockholders' EquityBook value
$-1.8B
Total Assets
$2.8B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBX
DBX
ENVA
ENVA
Q1 26
$96.1M
Q4 25
$891.3M
$71.7M
Q3 25
$730.7M
$53.6M
Q2 25
$736.3M
$55.6M
Q1 25
$942.2M
$55.5M
Q4 24
$1.3B
$73.9M
Q3 24
$517.6M
$67.5M
Q2 24
$515.1M
$60.1M
Total Debt
DBX
DBX
ENVA
ENVA
Q1 26
$4.8B
Q4 25
$4.5B
Q3 25
$4.1B
Q2 25
$4.0B
Q1 25
$3.8B
Q4 24
$3.6B
Q3 24
$3.3B
Q2 24
$3.2B
Stockholders' Equity
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
$-1.8B
$1.3B
Q3 25
$-1.5B
$1.3B
Q2 25
$-1.3B
$1.2B
Q1 25
$-1.1B
$1.2B
Q4 24
$-752.4M
$1.2B
Q3 24
$-546.1M
$1.2B
Q2 24
$-371.3M
$1.1B
Total Assets
DBX
DBX
ENVA
ENVA
Q1 26
$6.9B
Q4 25
$2.8B
$6.5B
Q3 25
$2.8B
$6.0B
Q2 25
$2.8B
$5.7B
Q1 25
$3.0B
$5.5B
Q4 24
$3.3B
$5.3B
Q3 24
$2.6B
$5.0B
Q2 24
$2.7B
$4.8B
Debt / Equity
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
3.37×
Q3 25
3.20×
Q2 25
3.23×
Q1 25
3.14×
Q4 24
2.98×
Q3 24
2.79×
Q2 24
2.78×

Cash Flow & Capital Efficiency

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

Metric
DBX
DBX
ENVA
ENVA
Operating Cash FlowLast quarter
$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
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
$235.4M
$498.8M
Q3 25
$302.1M
$481.8M
Q2 25
$260.5M
$447.4M
Q1 25
$153.8M
$391.1M
Q4 24
$213.8M
$430.5M
Q3 24
$274.2M
$398.6M
Q2 24
$230.6M
$360.9M
Free Cash Flow
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
$224.9M
$487.1M
Q3 25
$293.7M
$470.5M
Q2 25
$258.5M
$436.1M
Q1 25
$153.7M
$378.3M
Q4 24
$210.5M
$420.3M
Q3 24
$270.1M
$387.6M
Q2 24
$224.7M
$349.9M
FCF Margin
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
35.4%
58.0%
Q3 25
46.3%
58.6%
Q2 25
41.3%
57.1%
Q1 25
24.6%
50.7%
Q4 24
32.7%
57.6%
Q3 24
42.3%
56.2%
Q2 24
35.4%
55.7%
Capex Intensity
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
1.7%
1.4%
Q3 25
1.3%
1.4%
Q2 25
0.3%
1.5%
Q1 25
0.0%
1.7%
Q4 24
0.5%
1.4%
Q3 24
0.6%
1.6%
Q2 24
0.9%
1.8%
Cash Conversion
DBX
DBX
ENVA
ENVA
Q1 26
Q4 25
2.17×
6.32×
Q3 25
2.44×
6.00×
Q2 25
2.07×
5.87×
Q1 25
1.02×
5.36×
Q4 24
2.08×
6.76×
Q3 24
2.57×
9.18×
Q2 24
2.09×
6.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DBX
DBX

US$355.3M56%
Non Us$280.9M44%

ENVA
ENVA

Segment breakdown not available.

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