Growth Metrics

Dropbox (DBX) Operating Expenses (2017 - 2025)

Dropbox (DBX) has disclosed Operating Expenses for 9 consecutive years, with $341.9 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 21.38% year-over-year to $341.9 million, compared with a TTM value of $1.3 billion through Dec 2025, down 17.68%, and an annual FY2025 reading of $1.3 billion, down 17.68% over the prior year.
  • Operating Expenses was $341.9 million for Q4 2025 at Dropbox, up from $331.4 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.
  • Average Operating Expenses over 5 years is $378.6 million, with a median of $380.8 million recorded in 2021.
  • The sharpest move saw Operating Expenses tumbled 56.41% in 2023, then skyrocketed 77.08% in 2024.
  • Year by year, Operating Expenses 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.
  • Business Quant data shows Operating Expenses for DBX at $341.9 million in Q4 2025, $331.4 million in Q3 2025, and $333.6 million in Q2 2025.