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Side-by-side financial comparison of DROPBOX, INC. (DBX) and UNIFIRST CORP (UNF). Click either name above to swap in a different company.

DROPBOX, INC. is the larger business by last-quarter revenue ($636.2M vs $621.3M, roughly 1.0× UNIFIRST CORP). DROPBOX, INC. runs the higher net margin — 17.1% vs 5.5%, a 11.6% gap on every dollar of revenue. On growth, UNIFIRST CORP posted the faster year-over-year revenue change (2.7% vs -1.1%). DROPBOX, INC. produced more free cash flow last quarter ($224.9M vs $-24.0M). Over the past eight quarters, UNIFIRST CORP's revenue compounded faster (2.3% 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.

UniFirst Corporation is a uniform rental company based in Wilmington, Massachusetts, United States, that manufactures, sells, and rents uniforms and protective clothing. UniFirst employs more than 14,000 people and has over 260 facilities in the United States, Canada, and Europe, including customer service centers, nuclear decontamination facilities, cleanroom locations, distribution centers, and manufacturing plants.

DBX vs UNF — Head-to-Head

Bigger by revenue
DBX
DBX
1.0× larger
DBX
$636.2M
$621.3M
UNF
Growing faster (revenue YoY)
UNF
UNF
+3.9% gap
UNF
2.7%
-1.1%
DBX
Higher net margin
DBX
DBX
11.6% more per $
DBX
17.1%
5.5%
UNF
More free cash flow
DBX
DBX
$248.9M more FCF
DBX
$224.9M
$-24.0M
UNF
Faster 2-yr revenue CAGR
UNF
UNF
Annualised
UNF
2.3%
0.4%
DBX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DBX
DBX
UNF
UNF
Revenue
$636.2M
$621.3M
Net Profit
$108.7M
$34.4M
Gross Margin
79.2%
36.7%
Operating Margin
25.5%
7.3%
Net Margin
17.1%
5.5%
Revenue YoY
-1.1%
2.7%
Net Profit YoY
5.7%
-20.3%
EPS (diluted)
$0.43
$1.89

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
UNF
UNF
Q4 25
$636.2M
$621.3M
Q3 25
$634.4M
$614.4M
Q2 25
$625.7M
$610.8M
Q1 25
$624.7M
Q4 24
$643.6M
$604.9M
Q3 24
$638.8M
$639.9M
Q2 24
$634.5M
$603.3M
Q1 24
$631.3M
$590.7M
Net Profit
DBX
DBX
UNF
UNF
Q4 25
$108.7M
$34.4M
Q3 25
$123.8M
$41.0M
Q2 25
$125.6M
$39.7M
Q1 25
$150.3M
Q4 24
$102.8M
$43.1M
Q3 24
$106.7M
$44.6M
Q2 24
$110.5M
$38.1M
Q1 24
$132.3M
$20.5M
Gross Margin
DBX
DBX
UNF
UNF
Q4 25
79.2%
36.7%
Q3 25
79.8%
37.8%
Q2 25
80.2%
36.9%
Q1 25
81.3%
Q4 24
81.2%
37.0%
Q3 24
82.5%
36.1%
Q2 24
83.1%
35.2%
Q1 24
83.2%
32.9%
Operating Margin
DBX
DBX
UNF
UNF
Q4 25
25.5%
7.3%
Q3 25
27.5%
8.1%
Q2 25
26.9%
7.9%
Q1 25
29.4%
Q4 24
13.7%
9.2%
Q3 24
20.0%
8.4%
Q2 24
20.0%
8.0%
Q1 24
22.7%
4.7%
Net Margin
DBX
DBX
UNF
UNF
Q4 25
17.1%
5.5%
Q3 25
19.5%
6.7%
Q2 25
20.1%
6.5%
Q1 25
24.1%
Q4 24
16.0%
7.1%
Q3 24
16.7%
7.0%
Q2 24
17.4%
6.3%
Q1 24
21.0%
3.5%
EPS (diluted)
DBX
DBX
UNF
UNF
Q4 25
$0.43
$1.89
Q3 25
$0.47
$2.23
Q2 25
$0.45
$2.13
Q1 25
$0.51
Q4 24
$0.33
$2.31
Q3 24
$0.34
$2.39
Q2 24
$0.34
$2.03
Q1 24
$0.39
$1.09

Balance Sheet & Financial Strength

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

Metric
DBX
DBX
UNF
UNF
Cash + ST InvestmentsLiquidity on hand
$891.3M
$129.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-1.8B
$2.2B
Total Assets
$2.8B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBX
DBX
UNF
UNF
Q4 25
$891.3M
$129.5M
Q3 25
$730.7M
$209.2M
Q2 25
$736.3M
$211.9M
Q1 25
$942.2M
Q4 24
$1.3B
$181.0M
Q3 24
$517.6M
$175.1M
Q2 24
$515.1M
$125.4M
Q1 24
$548.9M
$101.9M
Stockholders' Equity
DBX
DBX
UNF
UNF
Q4 25
$-1.8B
$2.2B
Q3 25
$-1.5B
$2.2B
Q2 25
$-1.3B
$2.2B
Q1 25
$-1.1B
Q4 24
$-752.4M
$2.1B
Q3 24
$-546.1M
$2.1B
Q2 24
$-371.3M
$2.1B
Q1 24
$-277.2M
$2.0B
Total Assets
DBX
DBX
UNF
UNF
Q4 25
$2.8B
$2.8B
Q3 25
$2.8B
$2.8B
Q2 25
$2.8B
$2.8B
Q1 25
$3.0B
Q4 24
$3.3B
$2.7B
Q3 24
$2.6B
$2.7B
Q2 24
$2.7B
$2.7B
Q1 24
$2.8B
$2.6B

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
UNF
UNF
Operating Cash FlowLast quarter
$235.4M
$14.9M
Free Cash FlowOCF − Capex
$224.9M
$-24.0M
FCF MarginFCF / Revenue
35.4%
-3.9%
Capex IntensityCapex / Revenue
1.7%
6.3%
Cash ConversionOCF / Net Profit
2.17×
0.43×
TTM Free Cash FlowTrailing 4 quarters
$930.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBX
DBX
UNF
UNF
Q4 25
$235.4M
$14.9M
Q3 25
$302.1M
Q2 25
$260.5M
$138.4M
Q1 25
$153.8M
Q4 24
$213.8M
$58.1M
Q3 24
$274.2M
$102.3M
Q2 24
$230.6M
$86.3M
Q1 24
$175.5M
$61.1M
Free Cash Flow
DBX
DBX
UNF
UNF
Q4 25
$224.9M
$-24.0M
Q3 25
$293.7M
Q2 25
$258.5M
$62.1M
Q1 25
$153.7M
Q4 24
$210.5M
$24.6M
Q3 24
$270.1M
$63.8M
Q2 24
$224.7M
$37.3M
Q1 24
$166.3M
$27.2M
FCF Margin
DBX
DBX
UNF
UNF
Q4 25
35.4%
-3.9%
Q3 25
46.3%
Q2 25
41.3%
10.2%
Q1 25
24.6%
Q4 24
32.7%
4.1%
Q3 24
42.3%
10.0%
Q2 24
35.4%
6.2%
Q1 24
26.3%
4.6%
Capex Intensity
DBX
DBX
UNF
UNF
Q4 25
1.7%
6.3%
Q3 25
1.3%
Q2 25
0.3%
12.5%
Q1 25
0.0%
Q4 24
0.5%
5.5%
Q3 24
0.6%
6.0%
Q2 24
0.9%
8.1%
Q1 24
1.5%
5.7%
Cash Conversion
DBX
DBX
UNF
UNF
Q4 25
2.17×
0.43×
Q3 25
2.44×
Q2 25
2.07×
3.49×
Q1 25
1.02×
Q4 24
2.08×
1.35×
Q3 24
2.57×
2.29×
Q2 24
2.09×
2.27×
Q1 24
1.33×
2.98×

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%

UNF
UNF

Uniforms And Facility Service Solutions$568.8M92%
First Aid And Safety Solutions$30.8M5%
Other$22.9M4%
Served As An Senior Officer$400.0K0%

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