Dropbox (DBX) EBT Margin (2017 - 2026)

Dropbox (DBX) posted EBT Margin of 22.46% for Q1 2026, little changed quarter-over-quarter from 22.49% in Q4 2025, and down 467.0% year-on-year from 6.12% in Q1 2025.

Dropbox (DBX) EBT Margin (2017 - 2026) Analysis & Trends

Dropbox (DBX) has reported EBT Margin for 10 consecutive years, with 22.46% the latest figure, recorded in Q1 2026.

  • EBT Margin for Q1 2026 came in at 22.46%, down 467.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.34% (up 256.0% YoY), and the FY2025 annual result was 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.
  • Over five years, EBT Margin peaked at 42.88% in Q4 2023 and troughed at 13.09% in Q4 2022.
  • Average EBT Margin over 5 years is 18.98%, with a median of 21.06% recorded in 2024.
  • Year-over-year, EBT Margin soared 5597 bps in 2023 and sank 2853 bps in 2024.
  • Over 5 years, EBT Margin stood at 13.09% in 2022, then surged by 428 bps to 42.88% in 2023, then sank by 67 bps to 14.36% in 2024, then surged by 57 bps to 22.49% in 2025, then dropped by 0 bps to 22.46% in 2026.
  • Per Business Quant data, the three most recent EBT Margin figures were 22.46% in Q1 2026, 22.49% in Q4 2025, and 24.78% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 47.46%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 27.99%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 54.43%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 21.16%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.43%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 35.50%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -3.35%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 3.28%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -6.48%
10 Dropbox 6.68 Bn 5.39 Bn 501.40 Mn 22.46%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 17.15%