Leases (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Future Minimum Operating Lease Payments Under Non-Cancellable Leases

Future minimum lease payments under non-cancellable leases as of September 30, 2025 were as follows:


	Operating leases(1)		Finance leases
Remainder of 2025	$	16.7	$	38.6
2026	71.1		142.5
2027	72.1		104.8
2028	71.2		62.5
2029	71.2		15.4
2030	68.4		—
Thereafter	128.7		—
Total future minimum lease payments	$	499.4	$	363.8
Less imputed interest	(80.8)		(26.0)

Total liability	$	418.6	$	337.8

(1) Consists of future non-cancelable minimum rental payments under operating leases for the Company’s corporate offices and datacenters where the Company has possession, excluding rent payments for short-term lease obligations, payments from the Company’s subtenants and variable operating expenses.

Schedule of Future Minimum Finance Lease Payments Under Non-Cancellable Leases

Future minimum lease payments under non-cancellable leases as of September 30, 2025 were as follows:


	Operating leases(1)		Finance leases
Remainder of 2025	$	16.7	$	38.6
2026	71.1		142.5
2027	72.1		104.8
2028	71.2		62.5
2029	71.2		15.4
2030	68.4		—
Thereafter	128.7		—
Total future minimum lease payments	$	499.4	$	363.8
Less imputed interest	(80.8)		(26.0)

Total liability	$	418.6	$	337.8

Schedule of Future Non-Cancelable Rent Payments

Future non-cancelable rent payments from the Company's subtenants as of September 30, 2025 were as follows:


	Operating leases
Remainder of 2025	$	3.1
2026	13.5
2027	12.2
2028	11.9
2029	9.2
2030	8.6
Thereafter	9.7


Total future sublease rent payments, net	$	68.2

DROPBOX, INC. 10-Q