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Mar 31, 2025
Dropbox Q1 2025 Earnings Report
Reported first quarter fiscal year 2025 results.
Key Takeaways
Dropbox announced financial results for the first quarter ended March 31, 2025, reporting a slight decrease in revenue and ARR year-over-year, while GAAP and Non-GAAP net income and operating margins increased.
Total revenue decreased 1.0% year-over-year to $624.7 million.
Total ARR decreased 0.2% year-over-year to $2.552 billion.
GAAP Net Income increased to $150.3 million from $132.3 million in the prior year.
Non-GAAP Net Income increased to $207.1 million from $196.7 million in the prior year.
Forward Guidance
Forward-looking guidance was not detailed in the press release but was scheduled to be discussed on the conference call.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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