Dropbox (DBX) Operating Expenses (2017 - 2026)

Dropbox (DBX) has reported Operating Expenses for 10 consecutive years, with $328.6 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $328.6 million, up 1.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 14.34% YoY), and the FY2025 annual result was $1.3 billion, down 17.68% from the prior year.
• Operating Expenses was $328.6 million for Q1 2026 at Dropbox, down from $341.9 million in the prior quarter.
• Over five years, Operating Expenses peaked at $563.4 million in Q4 2022 and troughed at $245.6 million in Q4 2023.
• Average Operating Expenses over 5 years is $380.0 million, with a median of $382.7 million recorded in 2023.
• Year-over-year, Operating Expenses sank 56.41% in 2023 and surged 77.08% in 2024.
• Over 5 years, Operating Expenses stood at $563.4 million in 2022, then tumbled by 56.41% to $245.6 million in 2023, then soared by 77.08% to $434.9 million in 2024, then declined by 21.38% to $341.9 million in 2025, then retreated by 3.89% to $328.6 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $328.6 million in Q1 2026, $341.9 million in Q4 2025, and $331.4 million in Q3 2025.