Growth Metrics

Dropbox (DBX) EBT Margin (2017 - 2025)

Dropbox's EBT Margin history spans 9 years, with the latest figure at 22.49% for Q4 2025.

  • For Q4 2025, EBT Margin rose 814.0% year-over-year to 22.49%; the TTM value through Dec 2025 reached 24.5%, up 449.0%, while the annual FY2025 figure was 24.5%, 449.0% up from the prior year.
  • EBT Margin reached 22.49% in Q4 2025 per DBX's latest filing, down from 24.78% 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.
  • Average EBT Margin over 5 years is 17.77%, with a median of 16.91% recorded in 2021.
  • Peak YoY movement for EBT Margin: surged 8371bps in 2021, then tumbled -2853bps in 2024.
  • A 5-year view of EBT Margin shows it stood at 15.17% in 2021, then crashed by -186bps to 13.09% in 2022, then skyrocketed by 428bps to 42.88% in 2023, then crashed by -67bps to 14.36% in 2024, then skyrocketed by 57bps to 22.49% in 2025.
  • Per Business Quant, the three most recent readings for DBX's EBT Margin are 22.49% (Q4 2025), 24.78% (Q3 2025), and 23.62% (Q2 2025).