What is Dropbox's gross profit?

Dropbox (DBX) reported gross profit of $501.4M in Q1 2026.

How has Dropbox's gross profit changed year-over-year?

Dropbox's gross profit decreased by 1.3% year-over-year, from $508M to $501.4M.

What is the long-term trend for Dropbox's gross profit?

Over 4 years (2021 to 2025), Dropbox's gross profit has grown at a 4.2% compound annual growth rate (CAGR), from $1.71B to $2.02B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Dropbox DBX Gross Profit

Gross Profit at other companies

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$54.78B+22.1%

MicrosoftMSFT

$56.06B+16.4%

AdobeADBE

$5.9B+12.8%

DocuSignDOCU

$658.97M+8.7%

BoxBOX

$243.21M+12.8%

Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$629.5M+0.8%

Operating income$172.8M-6.0%

Net income$114.5M-23.8%

EPS (diluted)$0.48-5.9%

Balance sheet

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Cash & equivalents$1.2B+25.4%

Total debt$840.2M-43.1%

Total equity-$2.0B-87.0%

Total assets$3.0B+2.5%

Cash flow

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Operating cash flow$204.5M+33.0%

CapEx$1.2M+1,100%

Free cash flow$203.3M+32.3%

Valuation

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Market cap$6.06B-32.5%

Profitability

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Gross margin79.7%-2.3pp

Operating margin26.8%+6.1pp

Net margin18.7%+0.2pp

FCF margin38.8%+5.0pp

Returns & leverage

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Return on equity-44.9%—

Debt / equity3.7×—

Current ratio1.2×+0.5×

Where this comes from

Calculated from Dropbox’s reported figures.

$629.5Mtotal revenue−$128.1Mtotal cost of revenue=$501.4M

The official record: Dropbox’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dropbox's gross profit?: Dropbox (DBX) reported gross profit of $501.4M in Q1 2026.
How has Dropbox's gross profit changed year-over-year?: Dropbox's gross profit decreased by 1.3% year-over-year, from $508M to $501.4M.
What is the long-term trend for Dropbox's gross profit?: Over 4 years (2021 to 2025), Dropbox's gross profit has grown at a 4.2% compound annual growth rate (CAGR), from $1.71B to $2.02B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.