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Dropbox (DBX) Research & Development (2017 - 2025)

Dropbox (DBX) has disclosed Research & Development for 9 consecutive years, with $186.9 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 23.09% year-over-year to $186.9 million, compared with a TTM value of $732.0 million through Dec 2025, down 24.28%, and an annual FY2025 reading of $732.0 million, down 19.99% over the prior year.
  • Research & Development was $186.9 million for Q4 2025 at Dropbox, up from $182.3 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.
  • Average Research & Development over 5 years is $210.7 million, with a median of $210.8 million recorded in 2022.
  • The sharpest move saw Research & Development grew 22.23% in 2023, then fell 23.09% in 2025.
  • Year by year, Research & Development stood at $201.9 million in 2021, then rose by 18.13% to $238.5 million in 2022, then increased by 10.19% to $262.8 million in 2023, then dropped by 7.53% to $243.0 million in 2024, then decreased by 23.09% to $186.9 million in 2025.
  • Business Quant data shows Research & Development for DBX at $186.9 million in Q4 2025, $182.3 million in Q3 2025, and $184.4 million in Q2 2025.