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Sep 30, 2021
Dropbox Q3 2021 Earnings Report
Reported a solid quarter with record free cash flow and strong revenue growth.
Key Takeaways
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.
Total revenue was $550.2 million, up 12.9% year-over-year.
Total ARR reached $2.218 billion, a 12.0% increase year-over-year.
Paying users totaled 16.49 million, compared to 15.25 million in the same period last year.
GAAP operating margin was 14.0%, compared to 6.2% in 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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