Dropbox (DBX) Research & Development (2017 - 2026)
Dropbox's (DBX) quarterly Research & Development came in at $188.1 million in Q2 2026, up 2.01% on a YoY basis from $184.4 million in Q2 2025, and up 2.12% quarter-over-quarter from $184.2 million in Q1 2026.
Analysis
Dropbox (DBX) Research & Development (2017 - 2026) Analysis & Trends
Dropbox (DBX) has reported Research & Development for 10 consecutive years, with $188.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 2.01% year-over-year to $188.1 million; the trailing twelve-month figure through Jun 2026 stood at $741.5 million (down 10.82% YoY), and the FY2025 full-year result was $732.0 million, down 19.99% from the prior year.
- Research & Development advanced to $188.1 million in Q2 2026 per DBX's latest filing, from $184.2 million in the prior quarter.
- Across five years, Research & Development topped out at $262.8 million in Q2 2023 and bottomed at $178.4 million in Q1 2025.
- Historically, Research & Development has averaged $213.8 million across 5 years, with a median of $217.8 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Research & Development gained 22.23% in 2023, then slipped 23.09% in 2025.
- Over 5 years, Research & Development stood at $238.5 million in 2022, then slipped by 6.88% to $222.1 million in 2023, then climbed by 9.41% to $243.0 million in 2024, then decreased by 23.09% to $186.9 million in 2025, then increased by 0.64% to $188.1 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $188.1 million, $184.2 million, and $186.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 46.32 Bn | 45.09 Bn | 1.53 Bn | 759.82 Mn |
| 2 | Dropbox | 7.70 Bn | 6.59 Bn | 506.50 Mn | 188.10 Mn |
| 3 | Open Text | 5.68 Bn | 4.73 Bn | 1.01 Bn | 308.36 Mn |
| 4 | Box | 4.70 Bn | 4.26 Bn | 253.97 Mn | 106.72 Mn |
| 5 | Asana | 1.96 Bn | 1.74 Bn | 186.10 Mn | 104.38 Mn |
| 6 | Cheetah Mobile | 106.58 Mn | -79.67 Mn | 24.15 Mn | -8.37 Mn |
| 7 | Upland Software | 9.97 Mn | -21.70 Mn | 37.47 Mn | 9.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 188.10 Mn |
| Mar 31, 2026 | 184.20 Mn |
| Dec 31, 2025 | 186.90 Mn |
| Sep 30, 2025 | 182.30 Mn |
| Jun 30, 2025 | 184.40 Mn |
| Mar 31, 2025 | 178.40 Mn |
| Dec 31, 2024 | 243.00 Mn |
| Sep 30, 2024 | 225.70 Mn |
| Jun 30, 2024 | 227.10 Mn |
| Mar 31, 2024 | 219.10 Mn |
| Dec 31, 2023 | 222.10 Mn |
| Sep 30, 2023 | 216.40 Mn |
| Jun 30, 2023 | 262.80 Mn |
| Mar 31, 2023 | 235.20 Mn |
| Dec 31, 2022 | 238.50 Mn |
| Sep 30, 2022 | 227.60 Mn |
| Jun 30, 2022 | 215.00 Mn |
| Mar 31, 2022 | 210.80 Mn |
| Dec 31, 2021 | 201.90 Mn |
| Sep 30, 2021 | 187.30 Mn |