Dropbox (DBX) Operating Income (2017 - 2026)
Dropbox's Operating Income came in at $164.8 million for Q2 2026, down 2.1% from $168.4 million a year earlier and down 4.6% from the prior quarter.
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Analysis
Dropbox (DBX) Operating Income (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Dropbox reported Operating Income of $674.5 million, up 18.8% year-over-year; for FY2025, it came in at $689.1 million, up 41.7% from FY2024.
- Going back by year, Operating Income was $486.2 million in FY2024 (-9.7%), $538.7 million in FY2023 (+197.1%), $181.3 million in FY2022 (-33.9%) and $274.4 million in FY2021.
- The five-year range for quarterly Operating Income is -$80.4 million (Q4 2022) to $267.4 million (Q4 2023).
- Year-over-year, Operating Income increased in four of the last eight quarters, with growth averaging 13.1%.
- The fastest year-over-year change in Operating Income over five years came in Q3 2021 (growth of 157.7%), and the weakest in Q4 2024 (a decline of 67.1%).
- Business Quant data shows DBX's Operating Income at $172.8 million (Q1 2026), $162.2 million (Q4 2025) and $174.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 2.35 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 210.72 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 84.55 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 599.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 314.32 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | -117.29 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 164.80 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 230.75 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 50.29 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn | 319.68 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 |
API Access
Dropbox Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=DBX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "DBX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=DBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();