The table below shows DROPBOX, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$2.52B
$2.55B
$2.50B
$2.32B
$2.16B
$1.91B
Cost of revenue
$500.80M
$445.10M
$478.50M
$444.20M
$444.20M
$414.60M
Gross profit
$2.02B
$2.10B
$2.02B
$1.88B
$1.71B
$1.50B
R&D
$732.00M
$914.90M
$936.50M
$891.90M
$755.90M
$727.50M
DBX annual revenue (10-K history)
DROPBOX, INC. reported annual revenue of $2.52B for fiscal year 2025. That is down 1.1% from $2.55B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $844.80M (FY 2016) to $2.52B. Figures come from the company's audited annual reports as filed with the SEC.