DROPBOX, INC. earnings

Dropbox reported second quarter fiscal 2026 revenue of $631.5 million, up 0.9% from the prior-year quarter. Excluding FormSwift, revenue grew 1.7% year over year. On a constant currency basis, total revenue excluding FormSwift increased 0.1%.

Dropbox opened fiscal 2026 with first quarter revenue of $629.5 million, up 0.8% from the prior-year quarter. The headline number undersells the underlying trend because FormSwift, the forms business the company is winding down by the end of 2026, weighed on the comparison.

Dropbox closed fiscal 2025 with fourth-quarter revenue of $636.2 million, down 1.1% from the prior-year quarter. The drop came mostly from FormSwift, which the company significantly reduced investment in at the start of 2025 and plans to wind down by the end of 2026. Excluding FormSwift, revenue rose 0.4%.

Dropbox's fiscal 2025 third quarter showed a business shrinking at the top line while profits and margins expanded. Revenue was $634.4 million, down 0.7% from the prior-year quarter, and down 1.2% on a constant currency basis. Paying users slipped to 18.07 million from 18.24 million a year earlier.

Dropbox's FY2025 second quarter revenue was $625.7 million, down 1.4% from the prior-year quarter. On a constant currency basis, revenue decreased 1.3%. Total ARR was $2.542 billion, down 1.2% year over year and down 1.1% on a constant currency basis, and it decreased $10.2 million quarter over quarter.

Dropbox began fiscal 2025 with a familiar split: revenue shrank while profit and margins improved. First quarter revenue was $624.7 million, down 1.0% from the prior-year quarter.

Dropbox closed fiscal 2024 with fourth-quarter revenue of $643.6 million, up 1.4% from the prior-year quarter. On a constant currency basis, revenue growth was 1.1%. Full-year revenue reached $2.548 billion, up 1.9%, or 1.7% on a constant currency basis.

Dropbox reported FY2024 Q3 revenue of $638.8 million, up 0.9% from $633.0 million in the prior-year quarter.

Dropbox reported second quarter fiscal 2024 revenue of $634.5 million, up 1.9% from the same period a year earlier. Constant currency growth would have been 1.8%. Year-to-date revenue reached $1.27 billion, up 2.6%. Total ARR was $2.573 billion, up 2.9% year over year and up $17.3 million quarter over quarter.

Dropbox reported first quarter fiscal 2024 revenue of $631.3 million, up 3.3% year over year. Constant currency revenue growth was 3.2%. GAAP gross profit was $525.5 million, up 6.3%. GAAP operating income was $143.5 million, up 70.6%. GAAP net income was $132.3 million, up 91.7%. GAAP diluted EPS was $0.39, up 95.0%.

Dropbox closed fiscal 2023 with fourth quarter revenue of $635.0 million, up 6.0% from the prior year quarter. Constant currency revenue growth was 6.2%. Gross profit was $513.0 million, up 6.2%, and gross margin was 80.8%, up 0.1 percentage point.

Dropbox closed its fiscal 2023 third quarter with revenue of $633.0 million, up 7.1% from the prior-year quarter. Growth looks better after stripping out currency effects: on a constant currency basis, revenue rose 8.3%. For the nine months ended September 30, 2023, revenue was $1,866.6 million, up 8.1%.

Dropbox reported second-quarter revenue of $622.5 million, up 8.7% from the same quarter last year. Constant currency revenue growth was 11.2%. Total ARR ended at $2.500 billion, up 7.2% year over year. On a constant currency basis, Total ARR growth was 10.9%, and it rose $32.6 million quarter over quarter.

Dropbox opened fiscal 2023 with revenue of $611.1 million in the first quarter, up 8.7% from the prior-year quarter. Gross profit rose 10.0% to $494.3 million. Gross margin improved to 80.9%, up 1.0 percentage point.

Dropbox closed fiscal 2022 with fourth quarter revenue of $598.8 million, up 5.9% from the prior-year quarter, and full-year revenue of $2.32 billion, up 7.7%. On a constant currency basis, fourth quarter revenue growth was 9.2% and full-year growth was 9.4%.

Dropbox closed the third quarter of fiscal 2022 with revenue of $591.0 million, up 7.4% from the prior-year quarter. Constant currency growth would have been 9.7%. Year to date revenue was $1,726.1 million, up 8.4%.

Dropbox posted second quarter fiscal 2022 revenue of $572.7 million, up 7.9% from the same quarter a year earlier. On a constant currency basis, growth would have been 8.8%. For the first six months of the fiscal year revenue reached $1,135.1 million, up 8.9% year over year.

Dropbox reported first quarter fiscal 2022 revenue of $562.4 million, up 9.9% from the prior-year quarter. Constant currency revenue growth was 9.7%. Gross profit was $449.5 million, up 11.7%. Gross margin was 79.9%, up 1.3 percentage points. Operating income was $89.5 million, up 110.6%.

Dropbox finished fiscal 2021 with a fourth quarter that showed steady top-line growth and a sharp swing to GAAP profitability. Revenue was $565.5 million, up 12.2% from the prior-year quarter. Full-year revenue reached $2.158 billion, up 12.7%.

Dropbox grew revenue 12.9% in the fiscal 2021 third quarter, reporting $550.2 million against $487.4 million in the prior-year quarter. For the nine months ended September 30, 2021, revenue was $1.59 billion, up 13.0%.

Dropbox reported second-quarter fiscal 2021 revenue of $530.6 million, up 13.5% from the prior-year quarter. Constant currency revenue growth was 11.4%. Total ARR ended the quarter at $2.166 billion, an increase of $53.8 million quarter over quarter and 12.2% year over year.

Dropbox opened fiscal 2021 with revenue of $511.6 million, up 12.4% from the prior-year quarter. Constant currency growth would have been 11%. Total ARR ended the period at $2.112 billion, up 13% year over year, and rose $60.5 million quarter over quarter on a constant currency basis.

Dropbox did not provide specific financial guidance for the upcoming period in its FY2020 Q4 filings. However, several key elements from the Management's Discussion and Analysis section provide insights into the company's current operating environment and strategic adjustments.

Dropbox, in its Q3 FY2020 report, operates in the niche of cloud-based content collaboration, serving a broad audience of over 600 million registered users and 15.25 million paying users across the globe.

Dropbox continues to weather challenging conditions as it navigates the COVID-19 pandemic's impacts on its operations and financials. The company reported Total Annual Recurring Revenue (Total ARR) of $1,931 million as of June 30, 2020, up from $1,820 million at the end of 2019.

Dropbox had a mixed Q1 FY2020 with several strengths and uncertainties. The company's Total Annual Recurring Revenue (ARR) increased to $1,864 million from $1,820 million in December 2019, signifying positive traction in its subscription model.

Dropbox, in its fiscal fourth quarter of 2019, continued to emphasize its strategic efforts to position itself as a vital component of digital collaboration. The company boasts a strong base of over 600 million registered users across more than 180 countries, of which 14.3 million are paying users.

Dropbox's third quarter financials show a complex picture of growth and challenges. With no new guidance from management, the focus shifts to operational metrics and risks. The company reported having 14 million paying users by the end of September 2019.

Dropbox (DBX) continues to solidify its position as a preeminent player in the cloud collaboration market with a sizable global presence, serving over 500 million registered users across 180 countries.

Dropbox's FY2019 Q1 performance highlights several pivotal dynamics shaping the company's trajectory. As a firm pioneering cloud-based collaboration, it continues to service a vast and diverse clientele, boasting over 500 million registered users globally.

Dropbox operates as a global collaboration platform catering to over 500 million registered users, though the primary revenue drivers are the 12.7 million paying users.

Dropbox, a global collaboration platform, reported having more than 500 million registered users across 180 countries, with a paying user base of 12.3 million as of the third quarter of fiscal year 2018.

Dropbox has shown an ability to significantly expand its paying user base to 11.9 million as of June 30, 2018. This includes an increase in Average Revenue Per Paying User (ARPU), which reached $116.66 for the three months ending June 30, 2018.

Dropbox's fiscal Q1 2018 financials highlight its strong position as a significant player in the global collaboration platform market. With over 500 million registered users and 11.5 million paying users across 180 countries, Dropbox continues its decent growth trajectory.