Dropbox, Inc. (DBX) stock
DBXNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 11/3029% below fair value
$33.51+0.35 (+1.06%)
Close on Nov 12, 2026Market cap $7.56BP/E 18.1Yield –
Dropbox profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Dropbox's profit margin for the twelve months ending Sep 30, 2026 was 17.2%. For fiscal 2025 it was 20.2%, against 17.7% the year before. The highest annual figure on record is 23.8% in fiscal 2022.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.2% | +2.4 |
| FY2024 | Dec 31, 2024 | 17.7% | −0.4 |
| FY2023 | Dec 31, 2023 | 18.1% | −5.7 |
| FY2022 | Dec 31, 2022 | 23.8% | +8.2 |
| FY2021 | Dec 31, 2021 | 15.6% | +29.0 |
| FY2020 | Dec 31, 2020 | -13.4% | −10.2 |
| FY2019 | Dec 31, 2019 | -3.2% | +31.7 |
| FY2018 | Dec 31, 2018 | -34.8% | −24.8 |
| FY2017 | Dec 31, 2017 | -10.1% | +14.8 |
| FY2016 | Dec 31, 2016 | -24.9% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 18.2% | −1.3 |
| Q2 FY2026 | Jun 30, 2026 | 15.2% | −4.9 |
| Q1 FY2026 | Mar 31, 2026 | 18.2% | −5.9 |
| Q4 FY2025 | Dec 31, 2025 | 17.1% | +1.1 |
| Q3 FY2025 | Sep 30, 2025 | 19.5% | +2.8 |
| Q2 FY2025 | Jun 30, 2025 | 20.1% | +2.7 |
| Q1 FY2025 | Mar 31, 2025 | 24.1% | +3.1 |
| Q4 FY2024 | Dec 31, 2024 | 16.0% | −19.8 |
| Q3 FY2024 | Sep 30, 2024 | 16.7% | −1.3 |
| Q2 FY2024 | Jun 30, 2024 | 17.4% | +10.5 |
| Q1 FY2024 | Mar 31, 2024 | 21.0% | +9.7 |
| Q4 FY2023 | Dec 31, 2023 | 35.8% | −19.0 |
| Q3 FY2023 | Sep 30, 2023 | 18.0% | +3.9 |
| Q2 FY2023 | Jun 30, 2023 | 6.9% | −3.9 |
| Q1 FY2023 | Mar 31, 2023 | 11.3% | −2.9 |
| Q4 FY2022 | Dec 31, 2022 | 54.8% | +32.8 |
| Q3 FY2022 | Sep 30, 2022 | 14.1% | +0.3 |
| Q2 FY2022 | Jun 30, 2022 | 10.8% | −5.8 |
| Q1 FY2022 | Mar 31, 2022 | 14.2% | +4.9 |
| Q4 FY2021 | Dec 31, 2021 | 22.0% | +90.6 |
| Q3 FY2021 | Sep 30, 2021 | 13.7% | +7.0 |
| Q2 FY2021 | Jun 30, 2021 | 16.6% | +12.8 |
| Q1 FY2021 | Mar 31, 2021 | 9.3% | +0.7 |
| Q4 FY2020 | Dec 31, 2020 | -68.6% | −67.1 |
| Q3 FY2020 | Sep 30, 2020 | 6.7% | +10.7 |
| Q2 FY2020 | Jun 30, 2020 | 3.7% | +9.1 |
| Q1 FY2020 | Mar 31, 2020 | 8.6% | +10.6 |
| Q4 FY2019 | Dec 31, 2019 | -1.5% | +1.0 |
| Q3 FY2019 | Sep 30, 2019 | -4.0% | −2.4 |
| Q2 FY2019 | Jun 30, 2019 | -5.3% | −4.1 |
| Q1 FY2019 | Mar 31, 2019 | -2.0% | +145.2 |
| Q4 FY2018 | Dec 31, 2018 | -2.5% | +9.8 |
| Q3 FY2018 | Sep 30, 2018 | -1.6% | +3.3 |
| Q2 FY2018 | Jun 30, 2018 | -1.2% | +8.8 |
| Q1 FY2018 | Mar 31, 2018 | -147.2% | −133.8 |
| Q4 FY2017 | Dec 31, 2017 | -12.3% | – |
| Q3 FY2017 | Sep 30, 2017 | -4.9% | – |
| Q2 FY2017 | Jun 30, 2017 | -10.0% | – |
| Q1 FY2017 | Mar 31, 2017 | -13.4% | – |
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