Growth Metrics

Dropbox (DBX) Operating Expenses (2017 - 2025)

Dropbox's Operating Expenses history spans 9 years, with the latest figure at $341.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 21.38% year-over-year to $341.9 million; the TTM value through Dec 2025 reached $1.3 billion, down 17.68%, while the annual FY2025 figure was $1.3 billion, 17.68% down from the prior year.
  • Operating Expenses reached $341.9 million in Q4 2025 per DBX's latest filing, up from $331.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $563.4 million in Q4 2022 to a low of $245.6 million in Q4 2023.
  • Average Operating Expenses over 5 years is $378.6 million, with a median of $380.8 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: tumbled 56.41% in 2023, then skyrocketed 77.08% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $379.5 million in 2021, then surged by 48.46% to $563.4 million in 2022, then crashed 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.
  • Per Business Quant, the three most recent readings for DBX's Operating Expenses are $341.9 million (Q4 2025), $331.4 million (Q3 2025), and $333.6 million (Q2 2025).