Dropbox (DBX) EBT Margin (2017 - 2026)
Dropbox's (DBX) quarterly EBT Margin came in at 22.46% in Q1 2026, down 467.0% YoY from 6.12% in Q1 2025, and little changed on a QoQ basis from 22.49% in Q4 2025.
Dropbox (DBX) EBT Margin (2017 - 2026) Analysis & Trends
Dropbox (DBX) has 10 years of EBT Margin data on file, last reported at 22.46% in Q1 2026.
- Quarterly EBT Margin fell 467.0% year-over-year to 22.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.34% (up 256.0% YoY) and the FY2025 annual result came in at 24.5%, up 449.0% from the prior year.
- EBT Margin held at 22.46% in Q1 2026, from 22.49% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 42.88% in Q4 2023 to a low of 13.09% in Q4 2022.
- A 5-year average of 18.98% and a median of 21.06% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2023 — EBT Margin jumped 5597 bps — and 2024, when it tumbled 2853 bps.
- Tracing DBX's EBT Margin over 5 years: stood at 13.09% in 2022, then surged by 428 bps to 42.88% in 2023, then slumped by 67 bps to 14.36% in 2024, then surged by 57 bps to 22.49% in 2025, then retreated by 0 bps to 22.46% in 2026.
- The last three EBT Margin figures came in at 22.46% (Q1 2026), 22.49% (Q4 2025), and 24.78% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 48.94% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.87% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 27.99% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.20% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 35.17% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.13% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 3.28% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -21.90% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 4.56% |
| 10 | Dropbox | 7.61 Bn | 6.50 Bn | 506.50 Mn | 18.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.64% |
| Mar 31, 2026 | 22.46% |
| Dec 31, 2025 | 22.49% |
| Sep 30, 2025 | 24.78% |
| Jun 30, 2025 | 23.62% |
| Mar 31, 2025 | 27.13% |
| Dec 31, 2024 | 14.36% |
| Sep 30, 2024 | 20.77% |
| Jun 30, 2024 | 21.06% |
| Mar 31, 2024 | 23.93% |
| Dec 31, 2023 | 42.88% |
| Sep 30, 2023 | 21.41% |
| Jun 30, 2023 | 9.48% |
| Mar 31, 2023 | 14.33% |
| Dec 31, 2022 | -13.09% |
| Sep 30, 2022 | 16.62% |
| Jun 30, 2022 | 13.81% |
| Mar 31, 2022 | 16.68% |
| Dec 31, 2021 | 15.17% |
| Sep 30, 2021 | 13.83% |