Growth Metrics

Dropbox (DBX) EBITDA Margin (2017 - 2026)

Dropbox filings provide 10 years of EBITDA Margin readings, the most recent being 27.45% for Q1 2026.

  • Quarterly EBITDA Margin fell 197.0% to 27.45% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 26.85% through Mar 2026, up 613.0% year-over-year, with the annual reading at 27.33% for FY2025, 825.0% up from the prior year.
  • EBITDA Margin hit 27.45% in Q1 2026 for Dropbox, up from 25.5% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 42.11% in Q4 2023 and bottomed at 13.43% in Q4 2022.
  • Average EBITDA Margin over 5 years is 19.46%, with a median of 20.02% recorded in 2024.
  • The largest annual shift saw EBITDA Margin surged 5554bps in 2023 before it crashed -2845bps in 2024.
  • Dropbox's EBITDA Margin stood at 13.43% in 2022, then skyrocketed by 414bps to 42.11% in 2023, then crashed by -68bps to 13.66% in 2024, then soared by 87bps to 25.5% in 2025, then rose by 8bps to 27.45% in 2026.
  • Per Business Quant, the three most recent readings for DBX's EBITDA Margin are 27.45% (Q1 2026), 25.5% (Q4 2025), and 27.54% (Q3 2025).