Dropbox advertising spend, FY2025

Dropbox (DBX) reported $81.8M of advertising expense for the fiscal year ended Dec 31, 2025. That is 3.2% of revenue of $2.5B. Down 42.6% from FY2024.

Ad spend, FY2025
$81.8M
year ended Dec 31, 2025
Change vs prior year
-42.6%
vs FY2024
Share of revenue
3.2%
of $2.5B revenue
Rank by ad spend
#379
of 458 companies

Key facts

  • Ad spend is 1.0x its FY2020 level ($81.4M), slower than revenue (1.3x).
  • The highest year on file is FY2024 at $143M; FY2025 is 43% below it.
  • Largest increase +71.9% in FY2017; largest cut -42.6% in FY2025.
  • Ad spend is 3.2% of revenue, down from 4.3% in FY2020.
  • Dropbox spends more on advertising than 17% of the 458 US-listed companies tracked. Its ad-to-revenue ratio is below the median of 4.6%.

Ad spend by fiscal year

$0 $50M $100M $150M FY2016 (ended 2016-12-31): $46.6M FY2017 (ended 2017-12-31): $80.1M 2017 FY2018 (ended 2018-12-31): $101M FY2019 (ended 2019-12-31): $88.8M 2019 FY2020 (ended 2020-12-31): $81.4M FY2021 (ended 2021-12-31): $109M 2021 FY2022 (ended 2022-12-31): $94.8M FY2023 (ended 2023-12-31): $132M 2023 FY2024 (ended 2024-12-31): $143M FY2025 (ended 2025-12-31): $81.8M 2025 $81.8M

Ad spend as % of revenue

0% 2% 4% 6% 8% FY2016 (ended 2016-12-31): 5.5% FY2017 (ended 2017-12-31): 7.2% 2017 FY2018 (ended 2018-12-31): 7.3% FY2019 (ended 2019-12-31): 5.3% 2019 FY2020 (ended 2020-12-31): 4.3% FY2021 (ended 2021-12-31): 5.0% 2021 FY2022 (ended 2022-12-31): 4.1% FY2023 (ended 2023-12-31): 5.3% 2023 FY2024 (ended 2024-12-31): 5.6% FY2025 (ended 2025-12-31): 3.2% 2025 3.2%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2025 Dec 31, 2025 $81.8M -42.6% $2.5B 3.2% MarketingAndAdvertisingExpense 10-K Feb 20, 2026
FY2024 Dec 31, 2024 $143M +8.3% $2.5B 5.6% MarketingAndAdvertisingExpense 10-K Feb 20, 2026
FY2023 Dec 31, 2023 $132M +38.9% $2.5B 5.3% MarketingAndAdvertisingExpense 10-K Feb 20, 2026
FY2022 Dec 31, 2022 $94.8M -12.7% $2.3B 4.1% MarketingAndAdvertisingExpense 10-K Feb 21, 2025
FY2021 Dec 31, 2021 $109M +33.4% $2.2B 5.0% MarketingAndAdvertisingExpense 10-K Feb 16, 2024
FY2020 Dec 31, 2020 $81.4M -8.3% $1.9B 4.3% MarketingAndAdvertisingExpense 10-K Feb 23, 2023
FY2019 Dec 31, 2019 $88.8M -12.0% $1.7B 5.3% MarketingAndAdvertisingExpense 10-K Feb 18, 2022
FY2018 Dec 31, 2018 $101M +26.0% $1.4B 7.3% MarketingAndAdvertisingExpense 10-K Feb 19, 2021
FY2017 Dec 31, 2017 $80.1M +71.9% $1.1B 7.2% MarketingAndAdvertisingExpense 10-K Feb 21, 2020
FY2016 Dec 31, 2016 $46.6M n/a $845M 5.5% MarketingAndAdvertisingExpense 10-K Feb 25, 2019

What the figure is

Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.

Compared with similar spenders

The 6 companies closest to Dropbox in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
376 Okta $83M 2.8% +22.1% FY2026
377 Ross Stores $82M 0.4% +16.8% FY2026
378 Thor Industries $81.8M 0.9% +4.4% FY2026
379 Dropbox $81.8M 3.2% -42.6% FY2025
380 Pultegroup $81.6M 0.5% +9.4% FY2025
381 CarParts.com $81.3M 14.9% n/a FY2026
382 Pilgrims Pride $80.3M 0.4% +14.6% FY2025

Full ranking of 458 companies · Biggest cuts #3

Questions

How much does Dropbox spend on advertising?

Dropbox spent $81.8M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 20, 2026.

What percentage of revenue does Dropbox spend on advertising?

3.2% of revenue in fiscal 2025 ($81.8M of $2.5B). The median across the 458 companies tracked is 4.6%.

Is Dropbox spending more on advertising?

No. Ad spend fell 42.6% in fiscal 2025 from fiscal 2024.

How does Dropbox rank by advertising spend?

#379 of 458 US-listed companies with $50M or more in ad spend, ranked on each company's latest fiscal year.

What does Dropbox's advertising figure include?

Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.

Source

Filing
10-K for FY2025, filed Feb 20, 2026
Accession number
0001467623-26-000008
Company
DROPBOX, INC., CIK 1467623, SIC 7372 (Services-Prepackaged Software)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
Dropbox advertising spend, FY2016-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 20, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/dropbox/advertising-spend/
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CSV, all years · CSV, all 458 companies