Dropbox (DBX) Tax Rate (2017 - 2026)
Dropbox's (DBX) quarterly Tax Rate came in at 19.02% in Q1 2026, up 770.0% YoY from 2.19% in Q1 2025, and down 20.86% on a QoQ basis from 24.04% in Q4 2025.
Dropbox (DBX) Tax Rate (2017 - 2026) Analysis & Trends
Dropbox (DBX) has 10 years of Tax Rate data on file, last reported at 19.02% in Q1 2026.
- Quarterly Tax Rate rose 770.0% year-over-year to 19.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.83% (up 887.0% YoY) and the FY2025 annual result came in at 17.68%, up 640.0% from the prior year.
- Tax Rate slipped to 19.02% in Q1 2026, from 24.04% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 518.75% in Q4 2022 to a low of 11.26% in Q4 2024.
- A 5-year average of 45.87% and a median of 17.29% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 56397 bps — and 2023, when it sank 50222 bps.
- Tracing DBX's Tax Rate over 5 years: stood at 518.75% in 2022, then tumbled by 97 bps to 16.53% in 2023, then tumbled by 168 bps to 11.26% in 2024, then jumped by 314 bps to 24.04% in 2025, then decreased by 21 bps to 19.02% in 2026.
- The last three Tax Rate figures came in at 19.02% (Q1 2026), 24.04% (Q4 2025), and 21.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | Dropbox | 7.61 Bn | 6.50 Bn | 506.50 Mn | 18.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.61% |
| Jun 30, 2026 | 18.61% |
| Jun 30, 2026 | 18.61% |
| Mar 31, 2026 | 19.02% |
| Mar 31, 2026 | 19.02% |
| Mar 31, 2026 | 19.02% |
| Dec 31, 2025 | 24.04% |
| Dec 31, 2025 | 24.04% |
| Dec 31, 2025 | 24.04% |
| Sep 30, 2025 | 21.25% |
| Sep 30, 2025 | 21.25% |
| Sep 30, 2025 | 21.25% |
| Jun 30, 2025 | 15.02% |
| Jun 30, 2025 | 15.02% |
| Jun 30, 2025 | 15.02% |
| Mar 31, 2025 | 11.33% |
| Mar 31, 2025 | 11.33% |
| Mar 31, 2025 | 11.33% |
| Dec 31, 2024 | -11.26% |
| Dec 31, 2024 | -11.26% |