KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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) Net Margin (2017 - 2025)

Dropbox's Net Margin history spans 9 years, with the latest figure at 17.09% for Q4 2025.

  • For Q4 2025, Net Margin rose 111.0% year-over-year to 17.09%; the TTM value through Dec 2025 reached 20.17%, up 242.0%, while the annual FY2025 figure was 20.17%, 242.0% up from the prior year.
  • Net Margin reached 17.09% in Q4 2025 per DBX's latest filing, down from 19.51% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 54.83% in Q4 2022 to a low of 6.94% in Q2 2023.
  • Average Net Margin over 5 years is 18.97%, with a median of 16.89% recorded in 2025.
  • Peak YoY movement for Net Margin: surged 9063bps in 2021, then tumbled -1982bps in 2024.
  • A 5-year view of Net Margin shows it stood at 22.03% in 2021, then surged by 149bps to 54.83% in 2022, then plummeted by -35bps to 35.8% in 2023, then crashed by -55bps to 15.97% in 2024, then grew by 7bps to 17.09% in 2025.
  • Per Business Quant, the three most recent readings for DBX's Net Margin are 17.09% (Q4 2025), 19.51% (Q3 2025), and 20.07% (Q2 2025).