DBX — what changed in the latest 10-Q
A section-by-section comparison of DBX's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-07 vs the prior 10-Q · 2026-05-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +26 | −15 | ~32 | 47 |
| Market risk (Item 3) | Text added/removed | +2 | 0 | ~5 | 4 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 3 |
| Risk factors | Text added/removed | +8 | −12 | ~25 | 251 |
| Other information | Text added/removed | +8 | −1 | 0 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-07
Net loss on real estate assets consists of impairment charges in 2025. See Note 8, "Leases" for additional information.
(2) Includes expenses related to our reduction in workforce such as severance, benefits and other related items during the three months ended June 30, 2026 and three and six months ended June 30, 2025. The expenses during the three months ended June 30, 2026 were related to the reduction in workforc…
(2) Includes expenses related to our reduction in workforce such as severance, benefits and other related items during the three months ended June 30, 2026 and three and six months ended June 30, 2025. The expenses during the three months ended June 30, 2026 were related to the reduction in workforc…
Revenue increased $5.8 million or 0.9% during the three months ended June 30, 2026, as compared to the three months ended June 30, 2025 primarily due to positive impacts from changes in foreign exchange rates across multiple currencies and growth from our Individual plans, offset by our strategic de…
Cost of revenue increased $1.3 million or 1.1% during the three months ended June 30, 2026, as compared to the three months ended June 30, 2025. This increase was primarily driven by a $2.9 million increase in infrastructure costs, including costs associated with data center facilities costs and thi…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
The below table sets forth the number of paying users as of March 31, 2026, December 31, 2025, and March 31, 2025.
(2) Includes expenses related to the Company's reduction in workforce such as severance, benefits and other related items during the three months ended March 31, 2025.
(2) Includes expenses related to the Company's reduction in workforce such as severance, benefits and other related items during the three months ended March 31, 2025.
Comparison of the three months ended March 31, 2026 and 2025
Revenue increased $4.8 million or 0.8% during the three months ended March 31, 2026, as compared to the three months ended March 31, 2025 primarily due to growth from our Individual plans, offset by our strategic decision to significantly reduce our investment in FormSwift and our plan to wind down …
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-07
The borrowings under the 2026 Revolving Credit Agreement will bear interest at our option, at either (a) an alternate base rate, which is defined as a fluctuating rate per annum equal to the greatest of (i) the prime rate then in effect, (ii) the greater of the federal funds effective rate or overni…
We do not have any other long-term debt or financial liabilities with floating interest rates that would subject us to interest rate fluctuations. For the three and six months ended June 30, 2026, a hypothetical 100 basis point increase or decrease in interest rates would have resulted in a $6.8 mil…
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-07
•copyright levies or similar fees imposed by collection agencies in European and other jurisdictions;
As we strive to grow our business, expenses may increase as we continue to make investments to scale our business, reposition our products, and respond to new technologies; in particular, we are making significant investments in AI technologies and product development. For example, we will need an i…
results of operations are primarily subject to fluctuations in the Euro and British pound sterling. Because we conduct business in currencies other than U.S. dollars, but report our results of operations in U.S. dollars, we also face translation exposure due to fluctuations in currency exchange rate…
adversely impact our state tax liabilities, cash taxes, effective tax rate, and tax provision. Further, California has recently amended its sales tax law to subject certain retail sales of digital prewritten software, cloud-based applications, and software services to sales tax in California, effect…
While we rely on legal mechanisms to transfer data from the EEA, the United Kingdom, and Switzerland to the United States, there is some regulatory uncertainty surrounding the future of data transfers from these locations to the United States, and we are closely monitoring regulatory developments in…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
As we strive to grow our business, expenses may increase as we continue to make investments to scale our business, reposition our products, and respond to new technologies; in particular, we are making significant investments in AI
technologies and product development. For example, we will need an increasing amount of technical infrastructure to continue to satisfy the needs of our user base. Our research and development expenses may also increase as we plan to continue to hire employees for our engineering, product, and desig…
fluctuations in currency exchange rates, which could hinder our ability to predict our future results and earnings and could materially impact our results of operations. We do not currently maintain a program to hedge exposures to non-U.S. dollar currencies.
Although we take precautions to prevent violations of these laws, our exposure for violating these laws increases as we continue to expand our international presence and any failure to comply with such laws could harm our reputation and our business.
While we rely on legal mechanisms to transfer data from the EEA, the United Kingdom, and Switzerland to the United States, there is some regulatory uncertainty surrounding the future of data transfers from these locations to the United States, and we are closely monitoring regulatory developments in…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-07
During our last fiscal quarter, the following directors and officers, as defined in Rule 16a-1(f), adopted a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408, as follows:
On June 4, 2026, Ali Dasdan, our Chief Technology Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale from time-to-time of an aggregate of up to 129,680 shares of our Class A common stock, although we expect the total number of such shares sold will ultimately be less than this…
On June 4, 2026, Sarah Schubach, our Chief Accounting Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale from time-to-time of an aggregate of up to 53,085 shares of our Class A common stock, although we expect the total number of such shares sold will ultimately be less than t…
On June 5, 2026, Lisa Campbell, a member of our Board of Directors, adopted a Rule 10b5-1 trading arrangement providing for the sale from time-to-time of an aggregate of up to 9,134 shares of our Class A common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b…
On June 5, 2026, Will Yoon, our Chief Legal Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale from time-to-time of an aggregate of up to 50,012 shares of our Class A common stock, although we expect the total number of such shares sold will ultimately be less than this amount…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
No directors or officers, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice