Filing Flows › Dropbox (DBX) › Q3 2026 › vs Q2 2026
Dropbox (DBX) Q3 2026 vs Q2 2026 (quarter over quarter)
Dropbox's revenue rose $5.8M (+0.9%) from $632M in Q2 2026 to $637M in Q3 2026. Gross margin 80.6% against 80.2% (+0.4 pts).
Dropbox, Q3 2026: revenue $637M (+0.5% year over year), operating margin 27.5%, net earnings $116M, operating cash flow $259M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 80.6% | 80.2% | +0.4 pts |
| Operating margin | 27.5% | 26.1% | +1.4 pts |
| Net margin | 18.2% | 15.2% | +3.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $637M | $632M | $5.8M | +0.9% |
| Gross profit | $514M | $506M | $7.2M | +1% |
| Cost of revenue | $124M | $125M | −$1.4M | -1% |
| Operating profit | $175M | $165M | $10.4M | +6% |
| Operating expenses | $338M | $342M | −$3.2M | -0.9% |
| Pre-tax earnings | $130M | $118M | $11.9M | +10% |
| Other expense, net | $45.6M | $47.1M | −$1.5M | -3% |
| Research & development | $185M | $188M | −$2.7M | -1% |
| Sales & marketing | $86.6M | $89.8M | −$3.2M | -4% |
| General & admin | $66.5M | $63.8M | $2.7M | +4% |
| Net earnings | $116M | $95.8M | $20.3M | +21% |
| Income tax | $13.5M | $21.9M | −$8.4M | -38% |
| Depreciation & amortization | $35.2M | $36.5M | −$1.3M | -4% |
| Share-based compensation | $77.0M | $77.3M | −$300K | -0.4% |
| Working capital & other | $30.9M | $28.9M | $2.0M | +7% |
| Operating cash flow | $259M | $238M | $20.7M | +9% |
Questions
How much did Dropbox's revenue grow quarter over quarter in Q3 2026?
Dropbox's revenue rose $5.8M (+0.9%) from $632M in Q2 2026 to $637M in Q3 2026. Gross margin 80.6% against 80.2% (+0.4 pts).