Dropbox (DBX) EBT Margin (2017 - 2026)
Dropbox's (DBX) quarterly EBT Margin came in at 18.64% in Q2 2026, down 498.0% on a YoY basis from 4.68% in Q2 2025, and down 17.02% quarter-over-quarter from 22.46% in Q1 2026.
Analysis
Dropbox (DBX) EBT Margin (2017 - 2026) Analysis & Trends
Dropbox (DBX) has reported EBT Margin for 10 consecutive years, with 18.64% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 498.0% year-over-year to 18.64%; the trailing twelve-month figure through Jun 2026 stood at 22.1% (up 68.0% YoY), and the FY2025 full-year result was 24.5%, up 449.0% from the prior year.
- EBT Margin fell to 18.64% in Q2 2026 per DBX's latest filing, from 22.46% in the prior quarter.
- Across five years, EBT Margin topped out at 42.88% in Q4 2023 and bottomed at 13.09% in Q4 2022.
- Historically, EBT Margin has averaged 18.96% across 5 years, with a median of 20.91% in 2024.
- The sharpest annual moves came in 2023 and 2024: EBT Margin surged 5597 bps in 2023, then plunged 2853 bps in 2024.
- Over 5 years, EBT Margin stood at 13.09% in 2022, then jumped by 428 bps to 42.88% in 2023, then plunged by 67 bps to 14.36% in 2024, then jumped by 57 bps to 22.49% in 2025, then retreated by 17 bps to 18.64% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 18.64%, 22.46%, and 22.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 45.89 Bn | 44.65 Bn | 1.53 Bn | 11.15% |
| 2 | Dropbox | 7.57 Bn | 6.46 Bn | 506.50 Mn | 18.64% |
| 3 | Open Text | 5.74 Bn | 4.79 Bn | 1.01 Bn | 18.57% |
| 4 | Box | 4.67 Bn | 4.22 Bn | 253.97 Mn | 9.92% |
| 5 | Asana | 2.02 Bn | 1.80 Bn | 186.10 Mn | -18.46% |
| 6 | Cheetah Mobile | 103.20 Mn | -83.05 Mn | 24.15 Mn | -1.66% |
| 7 | Upland Software | 10.46 Mn | -21.21 Mn | 37.47 Mn | -70.16% |
Historic Data
Download Data
Historic 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% |