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Mar 31, 2022
Dropbox Q1 2022 Earnings Report
Dropbox's Q1 2022 results were announced, marked by revenue growth and increased profitability.
Key Takeaways
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.
Total revenue reached $562.4 million, a 9.9% increase year-over-year.
Total ARR ended at $2.290 billion, up 8.4% from the previous year.
Paying users totaled 17.09 million, compared to 15.83 million in the same period last year.
GAAP net income was $79.7 million, compared to $47.6 million for the same period last year.
Forward Guidance
Dropbox will provide forward-looking guidance in connection with this quarterly earnings announcement on its conference call, webcast, and on its investor relations website
Historical Earnings Impact
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Avg. Return Before/After Earnings
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