What are Dropbox's profit margins?

Dropbox (DBX) runs a 79.7% gross margin and a 26.8% operating margin, with a 18.7% net margin.

Where do Dropbox's ratios come from?

Every ratio is computed from Dropbox's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Dropbox DBX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	80.1%-2.4pp	82.5%+1.7pp	80.9%0.0pp	80.9%+1.5pp
Operating margin	27.3%+8.3pp	19.1%-2.5pp	21.5%—	——
Net margin	20.2%+2.4pp	17.7%-0.4pp	18.1%-5.7pp	23.8%+8.2pp
Efficiency
Asset turnover	0.8×0.0×	0.8×0.0×	0.8×+0.1×	0.7×0.0×
Liquidity
Current ratio	0.6×-0.8×	1.4×+0.2×	1.3×0.0×	1.2×-0.3×
Per Share
Book value per share	-$6.59-183%	-$2.33-385%	-$0.48+43.7%	-$0.85-14.7%
Valuation
Market capitalization	$6.96B-23.1%	$9.06B-9.0%	$9.95B+22.6%	$8.12B-13.5%
Price / earnings	13.7×-6.3×	20×-1.9×	21.9×+7.3×	14.7×-13.3×
Price / sales	2.8×-0.8×	3.6×-0.4×	4×+0.5×	3.5×-0.9×

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Questions, answered.

What are Dropbox's profit margins?: Dropbox (DBX) runs a 79.7% gross margin and a 26.8% operating margin, with a 18.7% net margin.
Where do Dropbox's ratios come from?: Every ratio is computed from Dropbox's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.