Dropbox (DBX) Research & Development (2017 - 2026)

Dropbox has reported Research & Development for 10 years, with the latest figure at $184.2 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 3.25% year-over-year to $184.2 million; the trailing twelve-month figure through Mar 2026 stood at $737.8 million (down 15.6% YoY), and the FY2025 full-year result was $732.0 million, down 19.99% from the prior year.
• Research & Development for Q1 2026 stood at $184.2 million, down from $186.9 million in the prior quarter.
• The five-year high for Research & Development was $262.8 million in Q2 2023, with the low at $178.4 million in Q1 2025.
• Historically, Research & Development has averaged $215.3 million across 5 years, with a median of $219.1 million in 2024.
• Annual changes were most pronounced in 2023 — Research & Development rose 22.23% — and 2025, when it decreased 23.09%.
• Dropbox's Research & Development stood at $238.5 million in 2022, then retreated by 6.88% to $222.1 million in 2023, then gained by 9.41% to $243.0 million in 2024, then fell by 23.09% to $186.9 million in 2025, then fell by 1.44% to $184.2 million in 2026.
• The last three Research & Development figures came in at $184.2 million (Q1 2026), $186.9 million (Q4 2025), and $182.3 million (Q3 2025), per Business Quant data.