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 r&d expenses
Research and development expenses are spending on new products and technology.
Dropbox's R&D Expenses for the twelve months ending Sep 30, 2026 was $744.60M, down 5.5% year over year. For fiscal 2025 it was $732.00M, down 20.0% from the year before. The highest annual figure on record is $936.50M in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $732.00M | -20.0% |
| FY2024 | Dec 31, 2024 | $914.90M | -2.3% |
| FY2023 | Dec 31, 2023 | $936.50M | +5.0% |
| FY2022 | Dec 31, 2022 | $891.90M | +18.0% |
| FY2021 | Dec 31, 2021 | $755.90M | +3.9% |
| FY2020 | Dec 31, 2020 | $727.50M | +9.9% |
| FY2019 | Dec 31, 2019 | $662.10M | -13.8% |
| FY2018 | Dec 31, 2018 | $768.20M | +102.0% |
| FY2017 | Dec 31, 2017 | $380.30M | +31.3% |
| FY2016 | Dec 31, 2016 | $289.70M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $185.40M | +1.7% |
| Q2 FY2026 | Jun 30, 2026 | $188.10M | +2.0% |
| Q1 FY2026 | Mar 31, 2026 | $184.20M | +3.3% |
| Q4 FY2025 | Dec 31, 2025 | $186.90M | -23.1% |
| Q3 FY2025 | Sep 30, 2025 | $182.30M | -19.2% |
| Q2 FY2025 | Jun 30, 2025 | $184.40M | -18.8% |
| Q1 FY2025 | Mar 31, 2025 | $178.40M | -18.6% |
| Q4 FY2024 | Dec 31, 2024 | $243.00M | +9.4% |
| Q3 FY2024 | Sep 30, 2024 | $225.70M | +4.3% |
| Q2 FY2024 | Jun 30, 2024 | $227.10M | -13.6% |
| Q1 FY2024 | Mar 31, 2024 | $219.10M | -6.8% |
| Q4 FY2023 | Dec 31, 2023 | $222.10M | -6.9% |
| Q3 FY2023 | Sep 30, 2023 | $216.40M | -4.9% |
| Q2 FY2023 | Jun 30, 2023 | $262.80M | +22.2% |
| Q1 FY2023 | Mar 31, 2023 | $235.20M | +11.6% |
| Q4 FY2022 | Dec 31, 2022 | $238.50M | +18.1% |
| Q3 FY2022 | Sep 30, 2022 | $227.60M | +21.5% |
| Q2 FY2022 | Jun 30, 2022 | $215.00M | +15.9% |
| Q1 FY2022 | Mar 31, 2022 | $210.80M | +16.3% |
| Q4 FY2021 | Dec 31, 2021 | $201.90M | +14.3% |
| Q3 FY2021 | Sep 30, 2021 | $187.30M | +2.2% |
| Q2 FY2021 | Jun 30, 2021 | $185.50M | -0.2% |
| Q1 FY2021 | Mar 31, 2021 | $181.20M | -0.3% |
| Q4 FY2020 | Dec 31, 2020 | $176.60M | -0.2% |
| Q3 FY2020 | Sep 30, 2020 | $183.30M | +6.1% |
| Q2 FY2020 | Jun 30, 2020 | $185.80M | +14.4% |
| Q1 FY2020 | Mar 31, 2020 | $181.80M | +21.2% |
| Q4 FY2019 | Dec 31, 2019 | $176.90M | +29.3% |
| Q3 FY2019 | Sep 30, 2019 | $172.80M | +29.7% |
| Q2 FY2019 | Jun 30, 2019 | $162.40M | +35.7% |
| Q1 FY2019 | Mar 31, 2019 | $150.00M | -60.4% |
| Q4 FY2018 | Dec 31, 2018 | $136.80M | +31.5% |
| Q3 FY2018 | Sep 30, 2018 | $133.20M | +37.0% |
| Q2 FY2018 | Jun 30, 2018 | $119.70M | +33.3% |
| Q1 FY2018 | Mar 31, 2018 | $378.50M | +323.9% |
| Q4 FY2017 | Dec 31, 2017 | $104.00M | – |
| Q3 FY2017 | Sep 30, 2017 | $97.20M | – |
| Q2 FY2017 | Jun 30, 2017 | $89.80M | – |
| Q1 FY2017 | Mar 31, 2017 | $89.30M | – |
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