Dropbox (DBX) EBT Margin (2017 - 2026)

Dropbox has reported EBT Margin for 10 years, with the latest figure at 22.46% in Q1 2026.

• For the quarter ending Q1 2026, EBT Margin fell 467.0% year-over-year to 22.46%; the trailing twelve-month figure through Mar 2026 stood at 23.34% (up 256.0% YoY), and the FY2025 full-year result was 24.5%, up 449.0% from the prior year.
• EBT Margin for Q1 2026 stood at 22.46%, roughly flat from 22.49% in the prior quarter.
• The five-year high for EBT Margin was 42.88% in Q4 2023, with the low at 13.09% in Q4 2022.
• Historically, EBT Margin has averaged 18.98% across 5 years, with a median of 21.06% in 2024.
• Annual changes were most pronounced in 2023 — EBT Margin jumped 5597 bps — and 2024, when it tumbled 2853 bps.
• Dropbox's EBT Margin 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.