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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Dropbox (DBX) Gross Margin (2017 - 2025)

Dropbox (DBX) has disclosed Gross Margin for 9 consecutive years, with 79.24% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 199.0% year-over-year to 79.24%, compared with a TTM value of 80.13% through Dec 2025, down 240.0%, and an annual FY2025 reading of 80.13%, down 240.0% over the prior year.
  • Gross Margin was 79.24% for Q4 2025 at Dropbox, down from 79.78% in the prior quarter.
  • Across five years, Gross Margin topped out at 83.24% in Q1 2024 and bottomed at 78.64% in Q1 2021.
  • Average Gross Margin over 5 years is 80.77%, with a median of 80.75% recorded in 2023.
  • The sharpest move saw Gross Margin skyrocketed 243bps in 2024, then tumbled -291bps in 2025.
  • Year by year, Gross Margin stood at 79.52% in 2021, then rose by 1bps to 80.66% in 2022, then rose by 0bps to 80.79% in 2023, then increased by 1bps to 81.23% in 2024, then fell by -2bps to 79.24% in 2025.
  • Business Quant data shows Gross Margin for DBX at 79.24% in Q4 2025, 79.78% in Q3 2025, and 80.23% in Q2 2025.