Dropbox (DBX) r&d spend was $732M in FY2025 (-20% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$732M
-20%
2024
$915M
-2%
2023
$936M
+5%
2022
$892M
+18%
2021
$756M
+4%
2020
$728M
+10%
2019
$662M
-14%
2018
$768M
+102%
2017
$380M
+31%
2016
$290M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$184M
Q4 2025
$187M
Q3 2025
$182M
Q2 2025
$184M
Q1 2025
$178M
Q4 2024
$243M
Q3 2024
$226M
Q2 2024
$227M
Q1 2024
$219M
Q4 2023
$222M
Q3 2023
$216M
Q2 2023
$263M
Source: DBX on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.