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Dec 31, 2021
Dropbox Q4 2021 Earnings Report
Dropbox reported strong Q4 2021 results, with revenue up 12.2% year-over-year and GAAP operating income up 120.3%.
Key Takeaways
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.
Total revenue was $565.5 million, up 12.2% year-over-year.
Total ARR ended at $2.261 billion, an increase of 11.8% year-over-year.
Paying users reached 16.79 million, compared to 15.48 million in the same period last year.
GAAP net income was $124.6 million, compared to a loss of $345.8 million 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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