Dropbox (DBX) Operating Income (2017 - 2026)

Dropbox has reported Operating Income for 10 years, with the latest figure at $172.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income fell 5.98% year-over-year to $172.8 million; the trailing twelve-month figure through Mar 2026 stood at $678.1 million (up 28.79% YoY), and the FY2025 full-year result was $689.1 million, up 41.73% from the prior year.
• Operating Income for Q1 2026 stood at $172.8 million, up from $162.2 million in the prior quarter.
• The five-year high for Operating Income was $267.4 million in Q4 2023, with the low at -$80.4 million in Q4 2022.
• Historically, Operating Income has averaged $121.7 million across 5 years, with a median of $127.8 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Income slumped 214.53% — and 2023, when it jumped 432.59%.
• Dropbox's Operating Income stood at -$80.4 million in 2022, then jumped by 432.59% to $267.4 million in 2023, then tumbled by 67.13% to $87.9 million in 2024, then jumped by 84.53% to $162.2 million in 2025, then gained by 6.54% to $172.8 million in 2026.
• The last three Operating Income figures came in at $172.8 million (Q1 2026), $162.2 million (Q4 2025), and $174.7 million (Q3 2025), per Business Quant data.