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Dropbox (DBX) Cost of Revenue (2017 - 2025)

Dropbox (DBX) has disclosed Cost of Revenue for 9 consecutive years, with $132.1 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 16.59% year-over-year to $132.1 million, compared with a TTM value of $403.4 million through Dec 2025, down 8.75%, and an annual FY2025 reading of $500.8 million, up 12.51% over the prior year.
  • Cost of Revenue was $132.1 million for Q4 2025 at Dropbox, up from $91.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $132.1 million in Q4 2025 and bottomed at $81.0 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $107.4 million, with a median of $108.8 million recorded in 2021.
  • The sharpest move saw Cost of Revenue crashed 30.05% in 2022, then soared 50.62% in 2023.
  • Year by year, Cost of Revenue stood at $115.8 million in 2021, then plummeted by 30.05% to $81.0 million in 2022, then skyrocketed by 50.62% to $122.0 million in 2023, then fell by 7.13% to $113.3 million in 2024, then rose by 16.59% to $132.1 million in 2025.
  • Business Quant data shows Cost of Revenue for DBX at $132.1 million in Q4 2025, $91.5 million in Q3 2025, and $87.8 million in Q2 2025.