What are Dropbox's profit margins?

Gross margin is 79.7% and operating margin is 26.8%, with a 18.7% net margin.

Where does Dropbox's income statement data come from?

Every line is extracted from Dropbox's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Dropbox DBX Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$2.53B+0.2%	$2.52B-0.3%	$2.53B-0.2%	$2.53B-0.3%	$2.54B-0.3%
Total cost of revenue	$512.2M+2.3%	$500.8M+2.3%	$489.5M+3.6%	$472.7M+3.7%	$456M+2.4%
Gross profit	$2.01B-0.3%	$2.02B-0.9%	$2.04B-1.0%	$2.06B-1.2%	$2.09B-0.8%
Gross margin	79.7%-0.4pp	80.1%-0.5pp	80.6%-0.7pp	81.3%-0.7pp	82.1%-0.5pp
Research and development	$737.8M+0.8%	$732M-7.1%	$788.1M-5.2%	$831.5M-4.9%	$874.2M-4.4%
Selling and marketing	$364.8M-1.4%	$369.9M-7.6%	$400.2M-4.5%	$419.2M-5.6%	$443.9M-3.6%
General and administrative	$234.2M+1.6%	$230.5M-1.1%	$233.1M-2.4%	$238.8M-0.9%	$240.9M-0.1%
Total operating expenses	$1.34B+0.3%	$1.33B-6.5%	$1.42B-4.6%	$1.49B-4.3%	$1.56B-3.6%
Operating income	$678.1M-1.6%	$689.1M+12.1%	$614.8M+8.3%	$567.9M+7.9%	$526.5M+8.3%
Operating margin	26.8%-0.5pp	27.3%+3.0pp	24.3%+1.9pp	22.4%+1.7pp	20.7%+1.6pp
Interest expense	-$100.7M-28.1%	-$78.6M—	——	——	——
Other income (expense), net	$12.1M+70.4%	$7.1M-5.3%	$7.5M+29.3%	$5.8M-40.2%	$9.7M0.0%
Income before income taxes	$589.5M-4.5%	$617.6M+8.9%	$566.9M+4.5%	$542.4M+2.7%	$528.2M+3.6%
Income tax expense	$116.9M+7.1%	$109.2M—	——	——	——
Net income	$472.6M-7.0%	$508.4M+1.2%	$502.5M+3.5%	$485.4M+3.2%	$470.3M+4.0%
Net margin	18.7%-1.5pp	20.2%+0.3pp	19.9%+0.7pp	19.2%+0.7pp	18.5%+0.8pp
Diluted earnings per share	$1.83-1.6%	$1.86+5.7%	$1.76+8.0%	$1.63+7.2%	$1.52+8.6%
EBIT	$678.1M-1.6%	$689.1M+12.1%	$614.8M+8.3%	$567.9M+7.9%	$526.5M+8.3%

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Questions, answered.

What are Dropbox's profit margins?: Gross margin is 79.7% and operating margin is 26.8%, with a 18.7% net margin.
Where does Dropbox's income statement data come from?: Every line is extracted from Dropbox's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.