Quick Answer
DROPBOX, INC. reported R&D Expense of $732.00 million for fiscal year 2025.
DROPBOX, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $732.00M | -20.0% |
| 2024 | $914.90M | -2.3% |
| 2023 | $936.50M | +5.0% |
| 2022 | $891.90M | +18.0% |
| 2021 | $755.90M | +3.9% |
| 2020 | $727.50M | +9.9% |
| 2019 | $662.10M | -13.8% |
| 2018 | $768.20M | +102.0% |
| 2017 | $380.30M | +31.3% |
| 2016 | $289.70M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $182.30M | -19.2% | -1.1% |
| June 30, 2025 | $184.40M | -18.8% | +3.4% |
| March 31, 2025 | $178.40M | -18.6% | -21.0% |
| September 30, 2024 | $225.70M | +4.3% | -0.6% |
| June 30, 2024 | $227.10M | -13.6% | +3.7% |
| March 31, 2024 | $219.10M | -6.8% | +1.2% |
| September 30, 2023 | $216.40M | -4.9% | -17.7% |
| June 30, 2023 | $262.80M | +22.2% | +11.7% |
- DROPBOX, INC. showed a decrease of -20.0% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, DROPBOX, INC.’s r&d expense has grown by 152.7% (from $289.70 million to $732.00 million).
- The most recent figure is from DROPBOX, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 20, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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