Paying Users

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Impairment related to real estate assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Dropbox

Dropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers the following products: Dropbox Basic, Dropbox Plus, Dropbox Professional, and Dropbox Business. The Dropbox Basic is the simple, powerful home for photos, videos, documents, and other files. Its users also get access to Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. The Dropbox Plus provides unrivaled sync along with 1 TB of space, powerful sharing features, and increased control. The Dropbox Professional allows independent workers to store, share, and track their work from one place. The Dropbox Business is designed for small to enterprise level businesses, in which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. The Company was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Dropbox reports robust Q4 performance, eyes AI for growth

Dropbox's Q4 2022 performance was strong, with revenue growth, increased profitability, and strategic acquisitions enhancing capabilities.
Challenges include mobile churn, headwinds from Teams customers, and lower-than-expected net new paying users, but opportunities lie in product expansion and AI integration.
The company remains optimistic about its strategy and growth opportunities despite macroeconomic challenges, focusing on innovation and operational efficiency.
With a stable competitive landscape, Dropbox aims to leverage its strengths in security, user experience, and AI for future growth and market differentiation.

Dropbox surpasses Q1 revenue expectations, eyes AI for growth

Dropbox's Q1 performance showed revenue exceeding guidance and strategic focus on growth areas.
Strengths include FormSwift's performance, improved sign-up trends, and positive user additions.
Challenges include price sensitivity, macro headwinds, and FX impacts, with prudent guidance for the future.
Opportunities lie in AI products, operational efficiency, and long-term financial targets for sustainable growth.

Dropbox surpasses Q2 expectations, focuses on AI and bundles

Dropbox delivered a strong Q2 performance, exceeding revenue guidance and showcasing growth in key areas like FormSwift and AI-powered products. Operating margin and net income also saw positive YoY growth.
While facing challenges from macro trends and Teams customers, the company is strategically focusing on bundles, pricing strategies, and customer retention. Opportunities in AI talent, product expansion, and customer relationship enhancement are being pursued.
Overall, Dropbox's Q2 results reflect a balance of performance, strengths, challenges, and opportunities, with a clear strategic direction towards enhancing product offerings, addressing customer needs, and driving sustainable growth.

Dropbox reports solid Q3 earnings, eyes AI growth amid challenges

Dropbox's Q3 2023 performance showed revenue growth, strong user base, and operational efficiency.
The company's strengths include AI-focused product enhancements and strategic cost-saving initiatives.
Challenges in team and document workflow businesses, FX headwinds, and regional growth disparities were noted.
Opportunities for growth include AI-driven innovations, international expansion, and new revenue streams through strategic initiatives.

Dropbox achieves record margins, faces challenges, eyes AI growth

Dropbox (DBX) focused on enhancing AI-powered product experiences and core FSS offerings in Q4 2023, achieving record non-GAAP operating margins. Despite challenges like reduced new licenses and higher churn, the company shared guidance for Q1 and fiscal year 2024.
Operational enhancements, introduction of Dropbox Dash, and addressing customer awareness gap through web redesign were key initiatives. Balancing margins, efficiency, and investing in AI showcase strategic foresight amidst sector-wide challenges.
Challenges in pricing changes, team dynamics, and document workflow businesses were noted, alongside opportunities in driving adoption, monetization, and product portfolio expansion. Seasonality effects and R&D investments position Dropbox for future growth and innovation.

Dropbox reports solid Q1 performance, focuses on innovation and growth

Dropbox's Q1 performance reflects stability and growth, with a focus on innovation, user experience, and financial strength.
Challenges in the FSS business are met with strategic responses, while opportunities in new user acquisition and product enhancements are pursued.
Investor concerns and market dynamics are addressed through a commitment to long-term value creation and market differentiation strategies.
The company's response to challenges like the HelloSign incident showcases resilience, transparency, and a proactive approach to maintaining customer trust.

Dropbox optimizes workforce, introduces AI search, anticipates margin expansion

Dropbox is strategically realigning its workforce and investments for future growth.
Introducing innovative products like Dropbox Dash to enhance search capabilities and governance.
Despite revenue challenges, focusing on operational efficiency and margin expansion in 2025.
Balancing workforce reductions with a commitment to shareholder value through capital returns.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Dropbox, Inc. engages in providing file backup, sync, and sharing solutions. Its products include Dropbox, Dropbox Dash beta, Dropbox Backup, Dropbox Replay, Dropbox Sign, Dropbox Capture, DocSend, and Dropbox Early Access. The company was founded by Andrew W. Houston and Arash Ferdowsi in May 2007 and is headquartered in San Francisco, CA.

Shares of Dropbox have sunk since reporting Q4 results, taking YTD declines to -10%. Dropbox is a rare decliner in a sea of green for tech stocks this year.

Dropbox: Focus On The Cash Flow Story

C3.ai

Asana

Carriage Services

Fiverr

Green Thumb Industries Inc.

Wish

So far, 2023 has been saturated with high-risk, high-reward assets such as cryptocurrencies, non-fungible tokens, art shares, and penny stocks. Among these assets are ones that are speculative and non-productive.

7 High-Risk, High-Reward Stocks to Buy in March

Dropbox, Inc. (SBX) Presents at The JMP Securities Technology Brokers Conference 2023 (Transcript)

Cerberus Cyber Sentinel Corp

Quantum Corporation

TTM Technologies

VeriSign

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Top 5 Tech Stocks That Are Preparing To Pump In March - Dropbox (NASDAQ:DBX), Cerberus Cyber Sentinel (NASDAQ:CISO)

Investors constantly underestimate how profitable this cloud storage company can be.

Dropbox Stock Is Dropping Again: Here's Why Now Is a Perfect Time to Buy

Bango PLC (AIM:BGO, OTCQX:BGOPF) has added a new partnership with Dropbox, enabling the cloud storage provider to offer its subscription packages through a global network of telecom operators. The AIM-listed company's platform allows companies to launch consumer offers through channels such as telecom carrier billing, digital wallets and subscription bundling.

Bango adds Dropbox to partnerships

Dropbox fell 11% in Friday's trading following the 4Q22 results release. However, after digging into the transcripts and financials, I believe that there is a net-positive takeaway and Dropbox is still executing well.

Dropbox: In Value Territory

Dropbox struggled to sublease space in its massive headquarters after signing a record lease in 2017 and then getting hit with a pandemic and market downturn.

Dropbox hit with $175 million real estate loss for 2022 as San Francisco office space sits empty

Dropbox, Inc. (NASDAQ:DBX ) Q4 2022 Earnings Conference Call February 16, 2023 5:00 PM ET Company Participants Karan Kapoor - Head of Investor Relations Drew Houston - Co Founder and Chief Executive Officer Tim Regan - Chief Financial Officer Conference Call Participants Rishi Jaluria - RBC Capital Markets Michael Funk - Bank of America Steve Enders - Citigroup Joey Marincek - JMP Securities Luv Sodha - Jefferies Operator Good afternoon, ladies and gentlemen. Thank you for joining Dropbox' Fourth Quarter 2022 Earnings Conference Call.

Dropbox, Inc. (DBX) Q4 2022 Earnings Call Transcript

Dropbox (DBX) delivered earnings and revenue surprises of 2.56% and 0.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Dropbox (DBX) Q4 Earnings and Revenues Top Estimates

SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its fourth quarter and fiscal year ended December 31, 2022. "2022 was a solid year for Dropbox amidst a challenging macroeconomic environment,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. "We increased our profitability and free cash flow and continued to use M&A as an engine for growth, welcoming FormSwift to Dropbox.

Dropbox Announces Fourth Quarter and Fiscal 2022 Results

SAN FRANCISCO--( BUSINESS WIRE )--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2022 after market close on Thursday, February 16, 2023. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community.

Dropbox to Announce Fourth Quarter and Fiscal 2022 Earnings Results

Dropbox has been suffering from lackluster share price performance since its IPO five years ago. The company has doubled sales in the meantime, having become solidly profitable.

Dropbox: Not Storing Yet

Pitch Deck Interest Metrics show Investor engagement with pitch decks remained steady throughout the year, but dipped almost 20% in Q4 SAN FRANCISCO , Jan. 18, 2023 /PRNewswire/ -- DocSend , a secure document sharing platform and Dropbox (NASDAQ: DBX) company, released a new data analysis based on its weekly Pitch Deck Interest (PDI) metrics showing that founder and investor activity remained relatively healthy in comparison to 2021, despite macroeconomic concerns, external global factors, and a steady stream of cutbacks in the tech sector. The data also tracked an all-time low for the amount of time investors spend reviewing startup pitch decks.

DocSend 2022 Year-End Data Reveals Healthy Fundraising Activity Relative to Historic Timeline, Despite Recent Slowdown

Check Point Software Technologies

CrowdStrike

DocuSign

Oracle

Palantir Technologies

Atlassian

Varonis Systems

Software stocks underperformed the S&P 500 in both 2021 and 2022. As a group, software stocks trailed the S&P 500 by 15% in 2021 and 16% in 2022.

A Rebound Coming for Software Stocks? Jefferies Has Top Picks Now

Dropbox has a strong financial profile, with a focus on generating consistent free cash flow and a goal of reaching $1 billion in annual free cash flow by 2024. The company has a strong presence among its customer base, with a large annual recurring revenue and a focus on product innovation, such as the recent launch of Dropbox Capture.

Dropbox: A Robust Cloud Storage And Collaboration Platform With Long-Term Growth Potential

Dropbox today announced that it's acquired FormSwift, a cloud-based platform designed to help businesses build, edit, approve, share and print custom personalized and documents. Under the terms of the agreement, which closed yesterday, Dropbox says that it'll pay $95 million in cash for the San Francisco-based startup, which will soon join the Dropbox team.

Dropbox buys form management platform FormSwift for $95M in cash

SAN FRANCISCO--( BUSINESS WIRE )--Dropbox, Inc. (NASDAQ: DBX), today announced it has acquired FormSwift, a cloud-based service that gives individuals and businesses a simple solution to create, complete, edit, and save critical business forms and agreements.

Dropbox Acquires FormSwift

Steady growth in revenue and profits have helped this underfollowed software name do well in 2022.

This Sleepy Software Stock Beat the Market in 2022: What's In Store for 2023?

Dropbox remains one of the best-performing SaaS stocks of the year, down only single digits versus 30-40% declines for many peers. Helping its cause is a strong FCF profile on top of steady high-single-digit revenue growth.

Dropbox: Safe Bottom Line In A Choppy Market

These undervalued technology companies have explosive growth potential.

Got 1,000? 2 Cheap Stocks to Buy Right Now

Dropbox has announced plans to bring end-to-end encryption to its business users, and it's doing so through acquiring “key assets” from Germany-based cloud security company Boxcryptor. Terms of the deal were not disclosed.

Dropbox acquires Boxcryptor assets to bring zero-knowledge encryption to file storage

The average of price targets set by Wall Street analysts indicates a potential upside of 25.7% in Dropbox (DBX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Dropbox (DBX) Have the Potential to Rally 26% as Wall Street Analysts Expect?

Dropbox's stock has retreated -9.21% YTD, outperforming both the S&P 500 and the Nasdaq. The company exhibits moderate growth traits while looking to unlock a much bigger potential.

Dropbox: Offering An Attractive Risk-Reward Tradeoff

Jabil

Now may be a good opportunity to buy these two tech stocks as they are seeing earnings estimate revisions trending up while the broader market and economy are expecting slower growth.

News for Dropbox Stock (DBX)