Dropbox (DBX) EBITDA (2017 - 2026)
Dropbox (DBX) posted EBITDA of $206.4 million for Q2 2026, down 3.6% from $214.2 million a year earlier and down 5.1% from the prior quarter.
Dropbox (DBX) EBITDA (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Dropbox was $852.9 million, up 14.0% year-over-year; for FY2025, it came in at $872.4 million, up 33.4% from FY2024.
- In prior years, Dropbox's EBITDA was $653.8 million in FY2024 (-12.5%), $747.3 million in FY2023 (+97.8%), $377.9 million in FY2022 (-17.5%) and $458.1 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly EBITDA since Q4 2024.
- On a year-over-year basis, EBITDA increased in four of the last eight quarters, with growth averaging 8.3%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q1 2022, with growth of 62.4%; the weakest was Q4 2024, with a decline of 58.0%.
- According to Business Quant data, EBITDA for the three prior quarters was $217.4 million (Q1 2026), $208.6 million (Q4 2025) and $220.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 2.57 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 250.15 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 130.48 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 824.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 341.62 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | -117.29 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 206.40 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 354.97 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 146.67 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn | 465.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 206.40 Mn |
| Mar 31, 2026 | 217.40 Mn |
| Dec 31, 2025 | 208.60 Mn |
| Sep 30, 2025 | 220.50 Mn |
| Jun 30, 2025 | 214.20 Mn |
| Mar 31, 2025 | 229.10 Mn |
| Dec 31, 2024 | 133.80 Mn |
| Sep 30, 2024 | 170.80 Mn |
| Jun 30, 2024 | 166.80 Mn |
| Mar 31, 2024 | 182.40 Mn |
| Dec 31, 2023 | 318.80 Mn |
| Sep 30, 2023 | 181.90 Mn |
| Jun 30, 2023 | 109.30 Mn |
| Mar 31, 2023 | 137.30 Mn |
| Dec 31, 2022 | -30.20 Mn |
| Sep 30, 2022 | 138.40 Mn |
| Jun 30, 2022 | 131.80 Mn |
| Mar 31, 2022 | 137.90 Mn |
| Dec 31, 2021 | 120.00 Mn |
| Sep 30, 2021 | 124.30 Mn |
Dropbox EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=DBX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "DBX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=DBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();