Dropbox (DBX) Tax Rate (2017 - 2026)

Dropbox (DBX) posted Tax Rate of 19.02% for Q1 2026, down 20.86% quarter-over-quarter from 24.04% in Q4 2025, and up 770.0% year-on-year from 2.19% in Q1 2025.

Dropbox (DBX) Tax Rate (2017 - 2026) Analysis & Trends

Dropbox (DBX) has reported Tax Rate for 10 consecutive years, with 19.02% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 19.02%, up 770.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.83% (up 887.0% YoY), and the FY2025 annual result was 17.68%, up 640.0% from the prior year.
  • Tax Rate was 19.02% for Q1 2026 at Dropbox, down from 24.04% in the prior quarter.
  • Over five years, Tax Rate peaked at 518.75% in Q4 2022 and troughed at 11.26% in Q4 2024.
  • Average Tax Rate over 5 years is 45.87%, with a median of 17.29% recorded in 2024.
  • Year-over-year, Tax Rate surged 56397 bps in 2022 and tumbled 50222 bps in 2023.
  • Over 5 years, Tax Rate stood at 518.75% in 2022, then slumped by 97 bps to 16.53% in 2023, then slumped by 168 bps to 11.26% in 2024, then jumped by 314 bps to 24.04% in 2025, then declined by 21 bps to 19.02% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 19.02% in Q1 2026, 24.04% in Q4 2025, and 21.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.22%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 19.84%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 1.37%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 21.31%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -6.22%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 18.58%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -7.01%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 18.14%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 21.40%
10 Dropbox 6.68 Bn 5.39 Bn 501.40 Mn 19.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.02%
Mar 31, 2026 19.02%
Dec 31, 2025 24.04%
Dec 31, 2025 24.04%
Sep 30, 2025 21.25%
Sep 30, 2025 21.25%
Jun 30, 2025 15.02%
Jun 30, 2025 15.02%
Mar 31, 2025 11.33%
Mar 31, 2025 11.33%
Dec 31, 2024 -11.26%
Dec 31, 2024 -11.26%
Sep 30, 2024 19.59%
Sep 30, 2024 19.59%
Jun 30, 2024 17.29%
Jun 30, 2024 17.29%
Mar 31, 2024 12.44%
Mar 31, 2024 12.44%
Dec 31, 2023 16.53%
Dec 31, 2023 16.53%