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| 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% |