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Dropbox Q4 2025 revenue hit by FormSwift as focus shifts to AI search tool Dash
Dropbox’s Q4 2025 revenue was impacted by its document service FormSwift, which will be sunset by the end of 2026 as the company pivots to its AI search tool, Dash. Although FormSwift acted as a “modest headwind,” Dropbox exceeded its overall revenue guidance. The company is actively integrating Dash into its core offerings and scaling its rollout to drive adoption, expecting full-year 2026 revenue between $2.485 billion and $2.5 billion.