Dropbox (DBX) Tax Rate (2017 - 2026)
Dropbox's (DBX) quarterly Tax Rate came in at 18.61% in Q2 2026, up 359.0% on a YoY basis from 4.05% in Q2 2025, and down 2.19% quarter-over-quarter from 19.02% in Q1 2026.
Analysis
Dropbox (DBX) Tax Rate (2017 - 2026) Analysis & Trends
Dropbox (DBX) has reported Tax Rate for 10 consecutive years, with 18.61% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 359.0% year-over-year to 18.61%; the trailing twelve-month figure through Jun 2026 stood at 20.84% (up 1033.0% YoY), and the FY2025 full-year result was 17.68%, up 640.0% from the prior year.
- Tax Rate eased to 18.61% in Q2 2026 per DBX's latest filing, from 19.02% in the prior quarter.
- Across five years, Tax Rate topped out at 518.75% in Q4 2022 and bottomed at 11.26% in Q4 2024.
- Historically, Tax Rate has averaged 44.35% across 5 years, with a median of 17.95% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 56397 bps in 2022, then slumped 50222 bps in 2023.
- Over 5 years, Tax Rate stood at 518.75% in 2022, then sank by 97 bps to 16.53% in 2023, then sank by 168 bps to 11.26% in 2024, then soared by 314 bps to 24.04% in 2025, then dropped by 23 bps to 18.61% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.61%, 19.02%, and 24.04% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 46.72 Bn | 45.48 Bn | 1.53 Bn | 29.38% |
| 2 | Dropbox | 7.58 Bn | 6.46 Bn | 506.50 Mn | 18.61% |
| 3 | Open Text | 5.75 Bn | 4.79 Bn | 1.01 Bn | 37.84% |
| 4 | Box | 4.68 Bn | 4.23 Bn | 253.97 Mn | 39.66% |
| 5 | Asana | 2.04 Bn | 1.82 Bn | 186.10 Mn | 2.00% |
| 6 | Cheetah Mobile | 104.58 Mn | -81.67 Mn | 24.15 Mn | 177.65% |
| 7 | Upland Software | 10.70 Mn | -20.97 Mn | 37.47 Mn | -2.44% |
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% |
| Dec 31, 2024 | -11.26% |
| 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% |
| Dec 31, 2022 | 518.75% |
| Sep 30, 2022 | 15.27% |
| Jun 30, 2022 | 21.62% |
| Mar 31, 2022 | 15.03% |
| Dec 31, 2021 | -45.22% |
| Sep 30, 2021 | 0.66% |