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Sep 30, 2022
Dropbox Q3 2022 Earnings Report
Delivered strong results amidst a challenging macroeconomic backdrop.
Key Takeaways
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.
Total revenue was $591.0 million, an increase of 7.4% from the same period last year.
Total ARR ended at $2.431 billion, an increase of $98.0 million quarter-over quarter and an increase of 9.6% year-over-year.
Paying users ended at 17.55 million, as compared to 16.49 million for the same period last year.
GAAP net income was $83.2 million, as compared to $75.6 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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