Dropbox (DBX) Operating Income (2017 - 2026)
Dropbox's (DBX) quarterly Operating Income came in at $164.8 million in Q2 2026, down 2.14% on a YoY basis from $168.4 million in Q2 2025, and down 4.63% quarter-over-quarter from $172.8 million in Q1 2026.
Analysis
Dropbox (DBX) Operating Income (2017 - 2026) Analysis & Trends
Dropbox (DBX) has reported Operating Income for 10 consecutive years, with $164.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income fell 2.14% year-over-year to $164.8 million; the trailing twelve-month figure through Jun 2026 stood at $674.5 million (up 18.77% YoY), and the FY2025 full-year result was $689.1 million, up 41.73% from the prior year.
- Operating Income declined to $164.8 million in Q2 2026 per DBX's latest filing, from $172.8 million in the prior quarter.
- Across five years, Operating Income topped out at $267.4 million in Q4 2023 and bottomed at -$80.4 million in Q4 2022.
- Historically, Operating Income has averaged $124.0 million across 5 years, with a median of $129.2 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Income tumbled 214.53% in 2022, then surged 432.59% in 2023.
- Over 5 years, Operating Income stood at -$80.4 million in 2022, then soared by 432.59% to $267.4 million in 2023, then sank by 67.13% to $87.9 million in 2024, then soared by 84.53% to $162.2 million in 2025, then advanced by 1.6% to $164.8 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $164.8 million, $172.8 million, and $162.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 45.74 Bn | 44.50 Bn | 1.53 Bn | 210.72 Mn |
| 2 | Dropbox | 7.60 Bn | 6.48 Bn | 506.50 Mn | 164.80 Mn |
| 3 | Open Text | 5.82 Bn | 4.86 Bn | 1.01 Bn | 319.68 Mn |
| 4 | Box | 4.72 Bn | 4.27 Bn | 253.97 Mn | 32.64 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | -41.22 Mn |
| 6 | Cheetah Mobile | 105.81 Mn | -80.44 Mn | 24.15 Mn | -4.10 Mn |
| 7 | Upland Software | 10.29 Mn | -21.38 Mn | 37.47 Mn | -29.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 164.80 Mn |
| Mar 31, 2026 | 172.80 Mn |
| Dec 31, 2025 | 162.20 Mn |
| Sep 30, 2025 | 174.70 Mn |
| Jun 30, 2025 | 168.40 Mn |
| Mar 31, 2025 | 183.80 Mn |
| Dec 31, 2024 | 87.90 Mn |
| Sep 30, 2024 | 127.80 Mn |
| Jun 30, 2024 | 127.00 Mn |
| Mar 31, 2024 | 143.50 Mn |
| Dec 31, 2023 | 267.40 Mn |
| Sep 30, 2023 | 130.70 Mn |
| Jun 30, 2023 | 56.50 Mn |
| Mar 31, 2023 | 84.10 Mn |
| Dec 31, 2022 | -80.40 Mn |
| Sep 30, 2022 | 89.30 Mn |
| Jun 30, 2022 | 82.90 Mn |
| Mar 31, 2022 | 89.50 Mn |
| Dec 31, 2021 | 70.20 Mn |
| Sep 30, 2021 | 77.30 Mn |