See more : Town Centre Securities PLC (TOWN.L) Income Statement Analysis – Financial Results
Complete financial analysis of Dropbox, Inc. (DBX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Dropbox, Inc., a leading company in the Software – Infrastructure industry within the Technology sector.
You may be interested
- TA-I Technology Co., Ltd. (2478.TW) Income Statement Analysis – Financial Results
- Scott’s Liquid Gold-Inc. (SLGD) Income Statement Analysis – Financial Results
- TAPARIA TOOLS LTD. (TAPARIA.BO) Income Statement Analysis – Financial Results
- Orange S.A. (ORA.PA) Income Statement Analysis – Financial Results
- Poseida Therapeutics, Inc. (PSTX) Income Statement Analysis – Financial Results
Dropbox, Inc. (DBX)
About Dropbox, Inc.
Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2021, the company had approximately 700 million registered users. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.50B | 2.32B | 2.16B | 1.91B | 1.66B | 1.39B | 1.11B | 844.80M | 603.80M |
| Cost of Revenue | 478.50M | 444.20M | 444.20M | 414.60M | 411.00M | 394.70M | 368.90M | 390.60M | 407.40M |
| Gross Profit | 2.02B | 1.88B | 1.71B | 1.50B | 1.25B | 997.00M | 737.90M | 454.20M | 196.40M |
| Gross Profit Ratio | 80.87% | 80.89% | 79.42% | 78.34% | 75.26% | 71.64% | 66.67% | 53.76% | 32.53% |
| Research & Development | 936.50M | 891.90M | 755.90M | 727.50M | 662.10M | 768.20M | 380.30M | 289.70M | 201.60M |
| General & Administrative | 237.10M | 222.90M | 224.60M | 227.80M | 245.40M | 283.20M | 157.30M | 107.40M | 107.90M |
| Selling & Marketing | 466.00M | 409.40M | 427.50M | 422.80M | 423.30M | 439.60M | 314.00M | 250.60M | 193.10M |
| SG&A | 703.10M | 632.30M | 652.10M | 650.60M | 668.70M | 722.80M | 471.30M | 358.00M | 301.00M |
| Other Expenses | 0.00 | 8.10M | 30.10M | 25.10M | 16.00M | 6.80M | 13.20M | 4.90M | -4.20M |
| Operating Expenses | 1.64B | 1.52B | 1.41B | 1.38B | 1.33B | 1.49B | 851.60M | 647.70M | 502.60M |
| Cost & Expenses | 2.12B | 1.97B | 1.85B | 1.79B | 1.74B | 1.89B | 1.22B | 1.04B | 910.00M |
| Interest Income | 34.60M | 15.70M | 7.50M | 12.50M | 22.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 15.20M | 3.30M | 12.70M | 10.80M | 12.50M | 7.10M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 170.00M | 157.20M | 151.30M | 159.20M | 173.50M | 166.80M | 181.20M | 191.10M | 149.60M |
| EBITDA | 553.50M | 688.80M | 463.30M | 678.70M | 93.00M | -327.20M | 68.10M | -1.90M | -156.60M |
| EBITDA Ratio | 22.13% | 29.63% | 22.63% | 35.46% | 5.60% | -23.51% | 6.15% | -0.22% | -25.94% |
| Operating Income | 383.50M | 531.70M | 274.40M | 519.40M | -80.50M | -494.00M | -113.70M | -193.50M | -306.20M |
| Operating Income Ratio | 15.33% | 22.87% | 12.72% | 27.14% | -4.85% | -35.50% | -10.27% | -22.90% | -50.71% |
| Total Other Income/Expenses | 170.90M | -339.00M | 24.90M | -371.40M | 28.50M | 13.90M | 2.20M | -11.50M | -19.40M |
| Income Before Tax | 554.40M | 192.70M | 299.30M | -250.20M | -52.00M | -480.10M | -111.50M | -205.00M | -325.60M |
| Income Before Tax Ratio | 22.16% | 8.29% | 13.87% | -13.07% | -3.13% | -34.50% | -10.07% | -24.27% | -53.93% |
| Income Tax Expense | 100.80M | -360.50M | -36.50M | 6.10M | 700.00K | 4.80M | 200.00K | 5.20M | 300.00K |
| Net Income | 453.60M | 553.20M | 335.80M | -256.30M | -52.70M | -484.90M | -111.70M | -210.20M | -325.90M |
| Net Income Ratio | 18.13% | 23.79% | 15.56% | -13.39% | -3.17% | -34.84% | -10.09% | -24.88% | -53.97% |
| EPS | 1.33 | 1.53 | 0.87 | -0.62 | -0.13 | -1.35 | -0.28 | -0.59 | -0.91 |
| EPS Diluted | 1.31 | 1.24 | 0.85 | -0.62 | -0.13 | -1.35 | -0.28 | -0.59 | -0.91 |
| Weighted Avg Shares Out | 341.20M | 361.20M | 388.00M | 414.30M | 411.60M | 358.60M | 393.02M | 358.60M | 358.60M |
| Weighted Avg Shares Out (Dil) | 345.60M | 445.90M | 395.80M | 414.30M | 411.60M | 358.60M | 393.02M | 358.60M | 358.60M |
3 Internet Stocks to Buy for Growth After Beating Q1 Earnings Expectations
Considering these stocks all trade under $40, they are starting to look like affordable options to get in on the ongoing growth of internet-related activities after impressively surpassing Q1 EPS estimates.
Dropbox (DBX) Q1 Earnings Beat Estimates, Revenues Up Y/Y
Dropbox's (DBX) first-quarter 2024 results benefit from an increase in average revenue per paying user.
DropBox delivers better-than-expected profitability for Q1
Dropbox Inc (NYSE:DBX), a cloud storage and e-signature company, reported solid financial results for the first quarter, sending its shares higher in early trade on Friday. The company said its earnings per share increased from $0.58 to $0.42, above the expected...
Dropbox, Inc. (DBX) Q1 2024 Earnings Call Transcript
Dropbox, Inc. (NASDAQ:DBX ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Peter Stabler - IR Andrew Houston - Co-Founder, Interim President, CEO & Chairman Timothy Regan - CFO Conference Call Participants Steven Enders -...
Dropbox's results get a break from investors after big sell-off in February
After taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that topped Wall Street's estimates.
Dropbox Announces Fiscal 2024 First Quarter Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its first quarter ended March 31, 2024. “In Q1, our core business delivered in-line revenue and better than anticipated profitability,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston....
Dropbox: Attractive Forward Returns With Upside
Dropbox has nearly reached its $1 billion free cash flow target for 2024, demonstrating its resilience and future prospects. The company's consistent recurring revenue and robust cash flow generation make it a great candidate for a private equity style take-out....
Here's Why Dropbox (DBX) is a Strong Momentum Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Wall Street Analysts Think Dropbox (DBX) Could Surge 28.18%: Read This Before Placing a Bet
The consensus price target hints at a 28.2% upside potential for Dropbox (DBX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside...
Dropbox says cybersecurity incident is unlikely to have a material impact on operations
Dropbox Inc. DBX, +1.42% said on Wednesday a cybersecurity incident “has not had, and we do not believe it is reasonably likely to have” a material impact on overall operations. The cloud-storage company earlier reported unauthorized access to data such...
Source: https://incomestatements.info
Category: Stock Reports