Growth Metrics

Dropbox (DBX) FCF Margin: 2017-2025

Historic FCF Margin for Dropbox (DBX) over the last 9 years, with Sep 2025 value amounting to 46.30%.

  • Dropbox's FCF Margin rose 401.00% to 46.30% in Q3 2025 from the same period last year, while for Sep 2025 it was 36.24%, marking a year-over-year increase of 272.00%. This contributed to the annual value of 34.20% for FY2024, which is 385.00% up from last year.
  • As of Q3 2025, Dropbox's FCF Margin stood at 46.30%, which was up 12.06% from 41.31% recorded in Q2 2025.
  • In the past 5 years, Dropbox's FCF Margin registered a high of 46.30% during Q3 2025, and its lowest value of 21.27% during Q1 2021.
  • Its 3-year average for FCF Margin is 33.65%, with a median of 32.71% in 2024.
  • Per our database at Business Quant, Dropbox's FCF Margin spiked by 1,566bps in 2021 and then slumped by 630bps in 2023.
  • Dropbox's FCF Margin (Quarterly) stood at 28.54% in 2021, then soared by 180bps to 30.34% in 2022, then slumped by 38bps to 29.97% in 2023, then surged by 274bps to 32.71% in 2024, then soared by 401bps to 46.30% in 2025.
  • Its FCF Margin was 46.30% in Q3 2025, compared to 41.31% in Q2 2025 and 24.60% in Q1 2025.