Dropbox Inc (DBX)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	453,600	554,600	523,700	542,500	553,200	349,500	341,900	367,900	335,800	-134,600	-177,500	-248,000	-256,300	82,900	33,200	-5,700	-52,700	-55,600	-44,400	-27,100
Revenue (ttm)	US$ in thousands	2,501,200	2,468,800	2,433,900	2,382,200	2,335,500	2,303,700	2,255,600	2,216,900	2,163,200	2,076,300	2,014,200	1,949,500	1,922,000	1,858,000	1,793,900	1,723,900	1,622,000	1,587,000	1,520,200	1,459,100
Net profit margin		18.14%	22.46%	21.52%	22.77%	23.69%	15.17%	15.16%	16.60%	15.52%	-6.48%	-8.81%	-12.72%	-13.34%	4.46%	1.85%	-0.33%	-3.25%	-3.50%	-2.92%	-1.86%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $453,600K ÷ $2,501,200K
= 18.14%

Dropbox Inc's net profit margin has shown fluctuations over the past eight quarters. In Q4 2023, the net profit margin decreased to 18.13% from 22.50% in Q3 2023. However, it remained relatively consistent compared to previous quarters in 2022, where margins ranged between 15.19% and 23.79%. The downward trend in the most recent quarter may indicate potential challenges in controlling costs or generating revenues efficiently. Further analysis of operational and financial performance is recommended to understand the underlying factors influencing the net profit margin.