Dropbox Quarterly Income Statement
NASDAQ: DBXTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Dropbox revenue and earnings
In the quarter ended Jun 30, 2026, Dropbox generated $631.5 million in revenue, up 0.9% from the same quarter a year earlier. Net income was $95.8 million (-23.7% year over year), for a net margin of 15.2% versus a median of 19.5% in the prior 5 quarters. Gross margin was 80.2% (flat year over year) and operating margin 26.1%.
Diluted earnings per share came in at $0.42, down from $0.45.
Summary generated from market data by MetaCap's automated system. Methodology
Dropbox income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 631.50M | 629.50M | 636.20M | 634.40M | 625.70M | 624.70M | 643.60M | 638.80M | 634.50M | 631.30M | 635.00M | 633.00M |
| Revenue growth (YoY) | +0.93% | +0.77% | -1.15% | -0.69% | -1.39% | -1.05% | +1.35% | +0.92% | +1.93% | +3.31% | +6.05% | +7.11% |
| Cost of Revenue | 125.00M | 128.10M | 132.10M | 128.30M | 123.70M | 116.70M | 120.80M | 111.50M | 107.00M | 105.80M | 122.00M | 119.60M |
| Gross Profit | 506.50M | 501.40M | 504.10M | 506.10M | 502.00M | 508.00M | 522.80M | 527.30M | 527.50M | 525.50M | 513.00M | 513.40M |
| Operating Expenses | 341.70M | 328.60M | 341.90M | 331.40M | 333.60M | 324.20M | 434.90M | 399.50M | 400.50M | 382.00M | 245.60M | 382.70M |
| Research & Development | 188.10M | 184.20M | 186.90M | 182.30M | 184.40M | 178.40M | 243.00M | 225.70M | 227.10M | 219.10M | 222.10M | 216.40M |
| Selling, General & Admin | 153.60M | 144.40M | 158.90M | 149.10M | 146.60M | 145.80M | 191.80M | 173.80M | 173.40M | 162.90M | 180.90M | 166.30M |
| Operating Income | 164.80M | 172.80M | 162.20M | 174.70M | 168.40M | 183.80M | 87.90M | 127.80M | 127.00M | 143.50M | 267.40M | 130.70M |
| Other Income (Expense) | 2.90M | 5.30M | 6.00M | 2.80M | -2.00M | 300.00K | 6.40M | 1.10M | 1.90M | 300.00K | -1.90M | -200.00K |
| Pretax Income | 117.70M | 141.40M | 143.10M | 157.20M | 147.80M | 169.50M | 92.40M | 132.70M | 133.60M | 151.10M | 272.30M | 135.50M |
| Income Tax | 21.90M | 26.90M | 34.40M | 33.40M | 22.20M | 19.20M | -10.40M | 26.00M | 23.10M | 18.80M | 45.00M | 21.40M |
| Net Income | 95.80M | 114.50M | 108.70M | 123.80M | 125.60M | 150.30M | 102.80M | 106.70M | 110.50M | 132.30M | 227.30M | 114.10M |
| Net Income growth (YoY) | -23.73% | -23.82% | +5.74% | +16.03% | +13.67% | +13.61% | -54.77% | -6.49% | +155.79% | +91.74% | -30.76% | +37.14% |
| EPS (Basic) | 0.43 | 0.49 | 0.44 | 0.47 | 0.46 | 0.52 | 0.34 | 0.34 | 0.34 | 0.40 | 0.66 | 0.34 |
| EPS (Diluted) | 0.42 | 0.48 | 0.43 | 0.47 | 0.45 | 0.51 | 0.33 | 0.34 | 0.34 | 0.39 | 0.65 | 0.33 |
| Shares Outstanding (Basic) | 224.80M | 235.20M | — | 261.10M | 272.40M | 290.30M | — | 314.50M | 322.40M | 334.80M | — | 339.20M |
| Shares Outstanding (Diluted) | 226.80M | 236.70M | — | 265.10M | 276.70M | 295.70M | — | 316.40M | 323.70M | 340.70M | — | 346.00M |
| EBITDA | 196.30M | 205.50M | 196.40M | 207.80M | 201.00M | 215.50M | 118.70M | 155.70M | 152.90M | 168.30M | 302.80M | 164.90M |
| Gross Margin | 80.21% | 79.65% | 79.24% | 79.78% | 80.23% | 81.32% | 81.23% | 82.55% | 83.14% | 83.24% | 80.79% | 81.11% |
| Operating Margin | 26.10% | 27.45% | 25.50% | 27.54% | 26.91% | 29.42% | 13.66% | 20.01% | 20.02% | 22.73% | 42.11% | 20.65% |
| Net Margin | 15.17% | 18.19% | 17.09% | 19.51% | 20.07% | 24.06% | 15.97% | 16.70% | 17.42% | 20.96% | 35.80% | 18.03% |
This table shows 12 quarterly periods of Dropbox's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DBX's reporting calendar. What is a income statement?