Dropbox Earnings Reports

Dropbox's Q4 FY24 revenue reached $643.6 million, reflecting a 1.4% year-over-year increase. Non-GAAP EPS improved to $0.73 from $0.50 in the prior year, while GAAP EPS declined to $0.34 due to restructuring-related expenses. The company reported an operating margin of 13.7% (GAAP) and 36.9% (non-GAAP). Free cash flow remained strong at $210.5 million, supported by disciplined financial management.

Dropbox reported a slight increase in revenue, reaching $638.8 million, a 0.9% increase year-over-year. The company maintained strong GAAP and non-GAAP operating margins and generated substantial free cash flow. Paying users and ARPU also saw marginal increases.

Dropbox announced its Q2 2024 results, with revenue reaching $634.5 million, a 1.9% increase year-over-year. The company reported a GAAP operating margin of 20.0% and a non-GAAP operating margin of 35.9%. Net cash provided by operating activities was $230.6 million, and free cash flow was $224.7 million.

Dropbox's Q1 2024 showed a 3.3% year-over-year revenue increase to $631.3 million. The company reported a GAAP operating margin of 22.7% and a non-GAAP operating margin of 36.5%. Net income was $132.3 million, and free cash flow reached $166.3 million.

Dropbox's Q4 2023 earnings revealed a 6.0% increase in revenue, totaling $635.0 million. The company focused on improving profitability and investing in AI growth initiatives. GAAP net income was $227.3 million, while free cash flow reached $190.3 million.

Dropbox's Q3 2023 revenue reached $633.0 million, a 7.1% increase year-over-year, with a GAAP net income of $114.1 million. The company's ARR ended at $2.525 billion, up 3.8% year-over-year, and paying users totaled 18.17 million, compared to 17.55 million in the same period last year.

Dropbox reported a solid Q2 2023, exceeding guidance across all metrics. Total revenue reached $622.5 million, up 8.7% year-over-year, and ARR ended at $2.500 billion, an increase of 7.2% from the same period last year. The company introduced new AI-powered product experiences and remains focused on improving the product experience within core Dropbox.

Dropbox reported a revenue of $611.1 million, up 8.7% year-over-year, and an ARR of $2.468 billion, up 7.8% year-over-year. The company is focusing on integrating AI/ML into its products.

Dropbox's Q4 2022 results showed a revenue increase of 5.9% year-over-year to $598.8 million. The company's Total ARR ended at $2.514 billion, up 11.2% year-over-year. GAAP net income was $328.3 million, compared to $124.6 million in the same period last year.

Dropbox announced its Q3 2022 financial results, reporting a total revenue of $591.0 million, up 7.4% year-over-year, and ARR of $2.431 billion, up 9.6% year-over-year. GAAP operating income was $89.3 million, up 15.5% year-over-year.

Dropbox announced its Q2 2022 results with a total revenue of $572.7 million, up 7.9% year-over-year. The company's paying users reached 17.37 million, and ARR ended at $2.333 billion.

Dropbox announced strong Q1 2022 results with a 9.9% year-over-year revenue increase to $562.4 million, GAAP operating income up 110.6% to $89.5 million, and free cash flow of $130.7 million.

Dropbox's Q4 2021 earnings revealed a strong performance with a 12.2% increase in revenue, reaching $565.5 million. The company also saw significant growth in GAAP and non-GAAP operating income, alongside a rise in paying users and average revenue per paying user.

Dropbox's Q3 2021 earnings showcased a 12.9% year-over-year revenue increase to $550.2 million, alongside substantial growth in GAAP and non-GAAP operating income. The company also reported a record free cash flow of $221.5 million.

Dropbox announced strong second-quarter results, with revenue reaching $530.6 million, a 13.5% increase year-over-year. The company reported significant growth in GAAP and non-GAAP operating income, alongside a rise in paying users and average revenue per paying user. Free cash flow also reached a record $216.0 million.

Dropbox's Q1 2021 results showed strong revenue growth, profitability, and free cash flow. The company completed the acquisition of DocSend and saw momentum with HelloSign. Total revenue was $511.6 million, up 12% year-over-year, and free cash flow was $108.8 million.

Dropbox's Q4 2020 results showed a 13% increase in revenue year-over-year, reaching $504.1 million. The company's ARR exceeded $2 billion, with paying users reaching 15.48 million. However, GAAP net loss was ($345.8) million due to non-recurring impairment charges.

Dropbox announced strong Q3 2020 results with revenue of $487.4 million, a 14% increase year-over-year. The company reported GAAP net income of $32.7 million and free cash flow of $187.0 million.

Dropbox announced its Q2 2020 results with a revenue of $467.4 million, up 16% year-over-year. The company reported a GAAP net income of $17.5 million and a free cash flow of $119.8 million.

Dropbox announced its Q1 2020 results with a total revenue of $455.0 million, up 18% year-over-year. The company achieved GAAP profitability for the first time. Net cash provided by operating activities was $53.3 million, and free cash flow was $25.5 million.

Dropbox's Q4 2019 revenue reached $446.0 million, a 19% increase year-over-year. The company closed the year with over $1.6 billion in revenue and 14.3 million paying users.