Dropbox (DBX) Tax Rate (2020 - 2026)
Dropbox (DBX) reported Tax Rate of 18.61% for Q2 2026, up 3.59 percentage points from 15.02% a year earlier but down 0.42 percentage points from the prior quarter.
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Analysis
Dropbox (DBX) Tax Rate (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Dropbox's Tax Rate came in at 20.84%, up 10.33 percentage points year-over-year; for FY2025, it came in at 17.68%, up 6.40 percentage points from FY2024.
- Tax Rate has a five-year change of +20.12 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 11.28% in FY2024 (-6.90 pp), 18.18% in FY2023 (+205.26 pp), -187.08% in FY2022 (-174.88 pp) and -12.20% in FY2021 (-9.76 pp).
- Five-year quarterly Tax Rate spans a low of -45.22% in Q4 2021 and a high of 518.75% in Q4 2022.
- Year over year, Tax Rate has now increased in each of the last four quarters, with an average year-over-year change of +2.61 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 563.97 percentage points); the low point was Q4 2023 (a drop of 502.22 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.02% (Q1 2026), 24.04% (Q4 2025) and 21.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 22.49% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 29.38% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | - |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 17.03% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 22.68% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | - |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 18.61% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 48.74% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 7.42% |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn | 37.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.61% |
| Mar 31, 2026 | 19.02% |
| Dec 31, 2025 | 24.04% |
| Sep 30, 2025 | 21.25% |
| Jun 30, 2025 | 15.02% |
| Mar 31, 2025 | 11.33% |
| Sep 30, 2024 | 19.59% |
| Jun 30, 2024 | 17.29% |
| Mar 31, 2024 | 12.44% |
| Dec 31, 2023 | 16.53% |
| Sep 30, 2023 | 15.79% |
| Jun 30, 2023 | 26.78% |
| Mar 31, 2023 | 21.23% |
| Sep 30, 2022 | 15.27% |
| Jun 30, 2022 | 21.62% |
| Mar 31, 2022 | 15.03% |
| Sep 30, 2021 | 0.66% |
| Jun 30, 2021 | 3.30% |
| Sep 30, 2020 | 2.68% |
| Jun 30, 2020 | 20.09% |
API Access
Dropbox Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DBX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DBX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();