Dropbox DBX
NASDAQ DBX
$33.81 -1.02 (-2.93%)
As of: Sep 8, 2026 · 3:59 PM EDT

Dropbox (DBX) Operating Expenses (2017 - 2026)

Dropbox's (DBX) quarterly Operating Expenses came in at $341.7 million in Q2 2026, up 2.43% on a YoY basis from $333.6 million in Q2 2025, and up 3.99% quarter-over-quarter from $328.6 million in Q1 2026.

Analysis

Dropbox (DBX) Operating Expenses (2017 - 2026) Analysis & Trends

Dropbox (DBX) has reported Operating Expenses for 10 consecutive years, with $341.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 2.43% year-over-year to $341.7 million; the trailing twelve-month figure through Jun 2026 stood at $1.3 billion (down 9.96% YoY), and the FY2025 full-year result was $1.3 billion, down 17.68% from the prior year.
  • Operating Expenses grew to $341.7 million in Q2 2026 per DBX's latest filing, from $328.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $563.4 million in Q4 2022 and bottomed at $245.6 million in Q4 2023.
  • Historically, Operating Expenses has averaged $377.9 million across 5 years, with a median of $382.3 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 56.41% in 2023, then jumped 77.08% in 2024.
  • Over 5 years, Operating Expenses stood at $563.4 million in 2022, then slumped by 56.41% to $245.6 million in 2023, then surged by 77.08% to $434.9 million in 2024, then dropped by 21.38% to $341.9 million in 2025, then fell by 0.06% to $341.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $341.7 million, $328.6 million, and $341.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Atlassian 45.74 Bn 44.50 Bn 1.53 Bn 1.32 Bn
2 Dropbox 7.60 Bn 6.48 Bn 506.50 Mn 341.70 Mn
3 Open Text 5.82 Bn 4.86 Bn 1.01 Bn 691.79 Mn
4 Box 4.72 Bn 4.27 Bn 253.97 Mn 221.33 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 227.32 Mn
6 Cheetah Mobile 105.81 Mn -80.44 Mn 24.15 Mn -28.25 Mn
7 Upland Software 10.29 Mn -21.38 Mn 37.47 Mn 67.17 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 341.70 Mn
Mar 31, 2026 328.60 Mn
Dec 31, 2025 341.90 Mn
Sep 30, 2025 331.40 Mn
Jun 30, 2025 333.60 Mn
Mar 31, 2025 324.20 Mn
Dec 31, 2024 434.90 Mn
Sep 30, 2024 399.50 Mn
Jun 30, 2024 400.50 Mn
Mar 31, 2024 382.00 Mn
Dec 31, 2023 245.60 Mn
Sep 30, 2023 382.70 Mn
Jun 30, 2023 445.90 Mn
Mar 31, 2023 410.20 Mn
Dec 31, 2022 563.40 Mn
Sep 30, 2022 392.00 Mn
Jun 30, 2022 384.00 Mn
Mar 31, 2022 360.00 Mn
Dec 31, 2021 379.50 Mn
Sep 30, 2021 360.90 Mn