Company / Cost of Revenue
Dropbox Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$500.8M
FY2025
5-year range
$444.2M / $500.8M
FY2021-FY2025
Trend
+12.5%
vs FY2024
Sector context
#136 of 276
Information Technology
What the data says
At $501M, Dropbox's cost of revenue ranks #141 of 276 in the Information Technology sector. Cost of Revenue has fluctuated over the past 10 years, ranging from $369M in FY2017 to $501M in FY2025.
Based on SEC 10-K filings.
$501M in FY2025 with a 5-year CAGR of +3.9%.
Increased from $479M to $501M over the past 2 years.
Information Technology sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +4.1%
- 5-Year CAGR
- +3.9%
- 10-Year CAGR
- -
Sector benchmark
#141 of 276 in Information TechnologyTop 51% of 276This company $500.8M Sector average $4.0B
▼
-87.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +3.9%, indicating consistent growth.
- In FY2025, cost of revenue increased 12.5% year-over-year.
- Ranks #136 out of 276 companies in the Information Technology sector.
- Lowest cost of revenue in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.16 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $500.8M | +12.5% |
| FY2024 | $445.1M | -7.0% |
| FY2023 | $478.5M | +7.7% |
| FY2022 | $444.2M | +0.0% |
| FY2021 | $444.2M | +7.1% |
| FY2020 | $414.6M | +0.9% |
| FY2019 | $411.0M | +4.1% |
| FY2018 | $394.7M | +7.0% |
| FY2017 | $368.9M | -5.6% |
| FY2016 | $390.6M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026