Dropbox (DBX) EBT Margin (2017 - 2026)

Dropbox's EBT Margin history runs 10 years deep, the most recent figure standing at 22.46% for 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 was 22.46% for Q1 2026 at Dropbox, roughly flat from 22.49% 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.
• 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 slumped 2853 bps.
• Dropbox's 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 slipped by 0 bps to 22.46% in 2026.
• Business Quant data shows DBX's EBT Margin at 22.46% in Q1 2026, 22.49% in Q4 2025, and 24.78% in Q3 2025.