Dropbox DBX
NASDAQ DBX
$33.81 -1.02 (-2.93%)
As of: Sep 8, 2026 · 3:59 PM EDT

Dropbox (DBX) Cost of Revenue (2017 - 2026)

Dropbox's (DBX) quarterly Cost of Revenue came in at $125.0 million in Q2 2026, up 1.05% on a YoY basis from $123.7 million in Q2 2025, and down 2.42% quarter-over-quarter from $128.1 million in Q1 2026.

Analysis

Dropbox (DBX) Cost of Revenue (2017 - 2026) Analysis & Trends

Dropbox (DBX) has reported Cost of Revenue for 10 consecutive years, with $125.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 1.05% year-over-year to $125.0 million; the trailing twelve-month figure through Jun 2026 stood at $513.5 million (up 8.63% YoY), and the FY2025 full-year result was $500.8 million, up 12.51% from the prior year.
  • Cost of Revenue eased to $125.0 million in Q2 2026 per DBX's latest filing, from $128.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $132.1 million in Q4 2025 and bottomed at $105.8 million in Q2 2022.
  • Historically, Cost of Revenue has averaged $117.9 million across 5 years, with a median of $118.2 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue decreased 10.91% in 2024, then advanced 15.61% in 2025.
  • Over 5 years, Cost of Revenue stood at $115.8 million in 2022, then grew by 5.35% to $122.0 million in 2023, then decreased by 0.98% to $120.8 million in 2024, then rose by 9.35% to $132.1 million in 2025, then retreated by 5.37% to $125.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $125.0 million, $128.1 million, and $132.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Atlassian 45.74 Bn 44.50 Bn 1.53 Bn 238.45 Mn
2 Dropbox 7.60 Bn 6.48 Bn 506.50 Mn 125.00 Mn
3 Open Text 5.82 Bn 4.86 Bn 1.01 Bn 337.55 Mn
4 Box 4.72 Bn 4.27 Bn 253.97 Mn 67.18 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 30.33 Mn
6 Cheetah Mobile 105.81 Mn -80.44 Mn 24.15 Mn 13.40 Mn
7 Upland Software 10.29 Mn -21.38 Mn 37.47 Mn 11.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 125.00 Mn
Mar 31, 2026 128.10 Mn
Dec 31, 2025 132.10 Mn
Sep 30, 2025 128.30 Mn
Jun 30, 2025 123.70 Mn
Mar 31, 2025 116.70 Mn
Dec 31, 2024 120.80 Mn
Sep 30, 2024 111.50 Mn
Jun 30, 2024 107.00 Mn
Mar 31, 2024 105.80 Mn
Dec 31, 2023 122.00 Mn
Sep 30, 2023 119.60 Mn
Jun 30, 2023 120.10 Mn
Mar 31, 2023 116.80 Mn
Dec 31, 2022 115.80 Mn
Sep 30, 2022 109.70 Mn
Jun 30, 2022 105.80 Mn
Mar 31, 2022 112.90 Mn
Dec 31, 2021 115.80 Mn
Sep 30, 2021 112.00 Mn