Growth Metrics

Dropbox (DBX) Net Margin: 2017-2025

Historic Net Margin for Dropbox (DBX) over the last 9 years, with Sep 2025 value amounting to 19.51%.

  • Dropbox's Net Margin rose 281.00% to 19.51% in Q3 2025 from the same period last year, while for Sep 2025 it was 19.87%, marking a year-over-year decrease of 284.00%. This contributed to the annual value of 17.75% for FY2024, which is 38.00% down from last year.
  • As of Q3 2025, Dropbox's Net Margin stood at 19.51%, which was down 2.78% from 20.07% recorded in Q2 2025.
  • Dropbox's 5-year Net Margin high stood at 54.83% for Q4 2022, and its period low was 6.94% during Q2 2023.
  • Its 3-year average for Net Margin is 18.80%, with a median of 18.03% in 2023.
  • Per our database at Business Quant, Dropbox's Net Margin spiked by 9,063bps in 2021 and then crashed by 1,982bps in 2024.
  • Over the past 5 years, Dropbox's Net Margin (Quarterly) stood at 22.03% in 2021, then skyrocketed by 3,279bps to 54.83% in 2022, then plummeted by 1,903bps to 35.80% in 2023, then tumbled by 1,982bps to 15.97% in 2024, then surged by 281bps to 19.51% in 2025.
  • Its Net Margin was 19.51% in Q3 2025, compared to 20.07% in Q2 2025 and 24.06% in Q1 2025.