Growth Metrics

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

Dropbox filings provide 10 years of Cost of Revenue readings, the most recent being $86.9 million for Q1 2026.

  • Quarterly Cost of Revenue fell 25.54% to $86.9 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $398.3 million through Mar 2026, down 11.19% year-over-year, with the annual reading at $500.8 million for FY2025, 12.51% up from the prior year.
  • Cost of Revenue hit $86.9 million in Q1 2026 for Dropbox, down from $132.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $132.1 million in Q4 2025 and bottomed at $86.9 million in Q1 2026.
  • Average Cost of Revenue over 5 years is $108.8 million, with a median of $109.7 million recorded in 2022.
  • The largest annual shift saw Cost of Revenue increased 22.05% in 2023 before it fell 25.54% in 2026.
  • Dropbox's Cost of Revenue stood at $115.8 million in 2022, then dropped by 5.44% to $109.5 million in 2023, then increased by 3.47% to $113.3 million in 2024, then increased by 16.59% to $132.1 million in 2025, then tumbled by 34.22% to $86.9 million in 2026.
  • Per Business Quant, the three most recent readings for DBX's Cost of Revenue are $86.9 million (Q1 2026), $132.1 million (Q4 2025), and $91.5 million (Q3 2025).