Growth Metrics

Dropbox (DBX) Operating Margin (2017 - 2025)

Historic Operating Margin for Dropbox (DBX) over the last 9 years, with Q3 2025 value amounting to 27.54%.

  • Dropbox's Operating Margin rose 75300.0% to 27.54% in Q3 2025 from the same period last year, while for Sep 2025 it was 24.32%, marking a year-over-year decrease of 19000.0%. This contributed to the annual value of 19.08% for FY2024, which is 24500.0% down from last year.
  • Per Dropbox's latest filing, its Operating Margin stood at 27.54% for Q3 2025, which was up 75300.0% from 26.91% recorded in Q2 2025.
  • Dropbox's 5-year Operating Margin high stood at 42.11% for Q4 2023, and its period low was 13.43% during Q4 2022.
  • Over the past 5 years, Dropbox's median Operating Margin value was 15.91% (recorded in 2021), while the average stood at 17.3%.
  • Per our database at Business Quant, Dropbox's Operating Margin skyrocketed by 811700bps in 2021 and then crashed by -284500bps in 2024.
  • Dropbox's Operating Margin (Quarter) stood at 12.41% in 2021, then crashed by -208bps to 13.43% in 2022, then skyrocketed by 414bps to 42.11% in 2023, then tumbled by -68bps to 13.66% in 2024, then soared by 102bps to 27.54% in 2025.
  • Its Operating Margin stands at 27.54% for Q3 2025, versus 26.91% for Q2 2025 and 29.42% for Q1 2025.