Growth Metrics

Dropbox (DBX) Gross Margin (2017 - 2026)

Dropbox filings provide 10 years of Gross Margin readings, the most recent being 79.65% for Q1 2026.

  • Quarterly Gross Margin fell 167.0% to 79.65% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 79.72% through Mar 2026, down 234.0% year-over-year, with the annual reading at 80.13% for FY2025, 240.0% down from the prior year.
  • Gross Margin hit 79.65% in Q1 2026 for Dropbox, up from 79.24% in the prior quarter.
  • Across five years, Gross Margin topped out at 83.24% in Q1 2024 and bottomed at 79.24% in Q4 2025.
  • Average Gross Margin over 5 years is 81.02%, with a median of 80.89% recorded in 2023.
  • The largest annual shift saw Gross Margin skyrocketed 243bps in 2024 before it tumbled -291bps in 2025.
  • Dropbox's Gross Margin stood at 80.66% in 2022, then increased by 0bps to 80.79% in 2023, then grew by 1bps to 81.23% in 2024, then decreased by -2bps to 79.24% in 2025, then rose by 1bps to 79.65% in 2026.
  • Per Business Quant, the three most recent readings for DBX's Gross Margin are 79.65% (Q1 2026), 79.24% (Q4 2025), and 79.78% (Q3 2025).