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| Date | Value |
|---|---|
| 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% |