Dropbox (DBX) Tax Rate (2017 - 2026)

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

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

Dropbox has reported Tax Rate for 10 years, with the latest figure at 19.02% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 770.0% year-over-year to 19.02%; the trailing twelve-month figure through Mar 2026 stood at 19.83% (up 887.0% YoY), and the FY2025 full-year result was 17.68%, up 640.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 19.02%, down from 24.04% in the prior quarter.
  • The five-year high for Tax Rate was 518.75% in Q4 2022, with the low at 11.26% in Q4 2024.
  • Historically, Tax Rate has averaged 45.87% across 5 years, with a median of 17.29% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 56397 bps — and 2023, when it sank 50222 bps.
  • Dropbox's Tax Rate 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 2,998.30 Bn 2,920.03 Bn 56.06 Bn 19.22%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 23.68%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 15.74%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 1.37%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 21.31%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn -6.22%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 18.58%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 18.14%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -7.01%
10 Dropbox 6.44 Bn 5.16 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%