Filing Flows › Dropbox (DBX) › Gross margin
Dropbox (DBX) gross margin by quarter
Dropbox's gross margin was 80.6% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 79.2% (Q4 2025) to 81.3% (Q1 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 80.6% | +0.4 pts | +0.8 pts |
| Q2 2026 | 80.2% | +0.6 pts | -0.0 pts |
| Q1 2026 | 79.7% | +0.4 pts | -1.7 pts |
| Q4 2025 | 79.2% | -0.5 pts | — |
| Q3 2025 | 79.8% | -0.5 pts | — |
| Q2 2025 | 80.2% | -1.1 pts | — |
| Q1 2025 | 81.3% | — | — |
Q3 2026 at a glance
Dropbox, Q3 2026: revenue $637M (+0.5% year over year), operating margin 27.5%, net earnings $116M, operating cash flow $259M. The chart follows the revenue to costs, profit and cash.
Questions
What is Dropbox's gross margin?
Dropbox's gross margin was 80.6% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026.
How has Dropbox's gross margin changed?
Over the last 7 quarters it ranged from 79.2% (Q4 2025) to 81.3% (Q1 2025).