Dropbox (DBX) Tax Rate (2017 - 2026)
Dropbox (DBX) posted Tax Rate of 19.02% for Q1 2026, down 20.86% on a QoQ basis from 24.04% in Q4 2025, and up 770.0% year-over-year from 2.19% in Q1 2025.
Dropbox (DBX) Tax Rate (2017 - 2026) Analysis & Trends
Dropbox's Tax Rate history runs 10 years deep, the most recent figure standing at 19.02% for 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 was 19.02% for Q1 2026 at Dropbox, down from 24.04% 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.
- 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 plunged 50222 bps.
- Dropbox's 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 21 bps to 19.02% in 2026.
- Business Quant data shows DBX's Tax Rate at 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 | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 19.22% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -12.08% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | -10.34% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 1.37% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 21.31% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | -6.22% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 18.58% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -7.01% |
| 10 | Dropbox | 7.54 Bn | 6.25 Bn | 501.40 Mn | 19.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | -11.26% |
| Sep 30, 2024 | 19.59% |
| Sep 30, 2024 | 19.59% |