Growth Metrics

Dropbox (DBX) Gross Margin: 2017-2025

Historic Gross Margin for Dropbox (DBX) over the last 9 years, with Sep 2025 value amounting to 79.78%.

  • Dropbox's Gross Margin fell 277.00% to 79.78% in Q3 2025 from the same period last year, while for Sep 2025 it was 80.64%, marking a year-over-year decrease of 179.00%. This contributed to the annual value of 82.53% for FY2024, which is 166.00% up from last year.
  • Per Dropbox's latest filing, its Gross Margin stood at 79.78% for Q3 2025, which was down 0.57% from 80.23% recorded in Q2 2025.
  • In the past 5 years, Dropbox's Gross Margin registered a high of 83.24% during Q1 2024, and its lowest value of 78.64% during Q1 2021.
  • For the 3-year period, Dropbox's Gross Margin averaged around 81.36%, with its median value being 81.11% (2023).
  • In the last 5 years, Dropbox's Gross Margin soared by 243bps in 2024 and then slumped by 291bps in 2025.
  • Quarterly analysis of 5 years shows Dropbox's Gross Margin stood at 79.52% in 2021, then surged by 114bps to 80.66% in 2022, then rose by 13bps to 80.79% in 2023, then skyrocketed by 44bps to 81.23% in 2024, then crashed by 277bps to 79.78% in 2025.
  • Its Gross Margin stands at 79.78% for Q3 2025, versus 80.23% for Q2 2025 and 81.32% for Q1 2025.