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

Dropbox's Research & Development history runs 10 years deep, the most recent figure standing at $86.9 million for Q1 2026.

• Quarterly Research & Development fell 5.54% year-over-year to $86.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $726.9 million (up 7.9% YoY) and the FY2025 annual result came in at $732.0 million, up 58.89% from the prior year.
• Research & Development was $86.9 million for Q1 2026 at Dropbox, down from $460.7 million in the prior quarter.
• Across five years, Research & Development topped out at $590.1 million in Q4 2023 and bottomed at $86.9 million in Q1 2026.
• A 5-year average of $210.1 million and a median of $215.0 million in 2022 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2023 — Research & Development soared 461.47% — and 2024, when it tumbled 78.16%.
• Dropbox's Research & Development stood at $105.1 million in 2022, then surged by 461.47% to $590.1 million in 2023, then tumbled by 78.16% to $128.9 million in 2024, then soared by 257.41% to $460.7 million in 2025, then plunged by 81.14% to $86.9 million in 2026.
• Business Quant data shows DBX's Research & Development at $86.9 million in Q1 2026, $460.7 million in Q4 2025, and $91.5 million in Q3 2025.