diff --git a/automatic/dropbox/dropbox.json b/automatic/dropbox/dropbox.json
index 4a7ae02aa7f..4ee23546bb1 100644
--- a/automatic/dropbox/dropbox.json
+++ b/automatic/dropbox/dropbox.json
@@ -1,4 +1,4 @@
 {
-    "beta":  "85.3.147-beta",
+    "beta":  "86.3.127-beta",
     "stable":  "85.3.138"
 }
diff --git a/automatic/dropbox/dropbox.nuspec b/automatic/dropbox/dropbox.nuspec
index 9f57e9e9626..10be338c50d 100644
--- a/automatic/dropbox/dropbox.nuspec
+++ b/automatic/dropbox/dropbox.nuspec
@@ -2,7 +2,7 @@
 <package xmlns="http://schemas.microsoft.com/packaging/2010/07/nuspec.xsd">
   <metadata>
     <id>dropbox</id>
-    <version>85.3.147-beta</version>
+    <version>86.3.127-beta</version>
     <title>Dropbox</title>
     <authors>Dropbox</authors>
     <owners>chocolatey,ferventcoder,the-running-dev</owners>
diff --git a/automatic/dropbox/tools/chocolateyinstall.ps1 b/automatic/dropbox/tools/chocolateyinstall.ps1
index bb155e6ac2e..62d9530aa83 100644
--- a/automatic/dropbox/tools/chocolateyinstall.ps1
+++ b/automatic/dropbox/tools/chocolateyinstall.ps1
@@ -2,7 +2,7 @@
  if(!$PSScriptRoot){ $PSScriptRoot = Split-Path $MyInvocation.MyCommand.Path -Parent }
 . "$PSScriptRoot\helper.ps1"
 
-$version = '85.3.147'
+$version = '86.3.127'
 
 if (!(IsVersionAlreadyInstalled $version)) {
     $stop_dropbox = if (Get-Process -Name Dropbox -ErrorAction SilentlyContinue) {$false} else {$true}
@@ -11,8 +11,8 @@ if (!(IsVersionAlreadyInstalled $version)) {
     $packageArgs        = @{
         packageName     = $env:ChocolateyPackageName
         softwareName    = "Dropbox"
-        url             = 'https://clientupdates.dropboxstatic.com/dbx-releng/client/Dropbox%2085.3.147%20Offline%20Installer.exe'
-        checksum        = '6233a2f4326167d03ead6ec3e668863c55470a74ec88397e5780da3ec0abbc21'
+        url             = 'https://clientupdates.dropboxstatic.com/dbx-releng/client/Dropbox%2086.3.127%20Offline%20Installer.exe'
+        checksum        = '0c133a99b9c5c979a3415cf776e5b9acad9f8f01751ce51e8ea5aad8cc411d80'
         fileType        = 'exe'
         checksumType    = 'sha256'
         silentArgs      = '/s'