undamentalytics Newsletter

Dropbox, Inc. revenue

Dropbox, Inc.'s revenue was $2.52bn in fiscal 2025, down 1.1% on the year before. Since fiscal 2016 ($845m) it has grown at a compound 12.9% a year. Over the last twelve months it was $2.53bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Dropbox, Inc.: revenue history, annual
Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue8451,1071,3921,6611,9142,1582,3252,5022,5482,5212,532
Growth on the year before—+31.0%+25.7%+19.4%+15.2%+12.7%+7.7%+7.6%+1.9%−1.1%—
Gross profit4547389971,2501,4991,7141,8812,0232,1032,0202,018
Gross margin53.8%66.7%71.6%75.3%78.3%79.4%80.9%80.9%82.5%80.1%79.7%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $1.4B 56.4% ▼ 1.9%
Outside the US $1.1B 43.6% 0.0%

From Dropbox, Inc.'s 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Dropbox, Inc. $2.53bn -0.0% 1.5%
NCR Voyix Corp $2.53bn -4.8% -17.5%
Tyler Technologies Inc $2.48bn 8.0% 8.9%
Ringcentral, Inc. $2.62bn 5.5% 6.7%
Fair Isaac $2.39bn 24.1% 17.6%
Mongodb, Inc. $2.78bn 25.5% 23.2%

Compare with peers

Head to head: DBX vs VYXDBX vs TYLDBX vs RNGDBX vs FICO

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Dropbox, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Dropbox, Inc.