Financial Snapshot

Revenue
$2.540B
TTM
Gross Margin
82.43%
TTM
Net Earnings
$576.8M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
86.97%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$546.1M
Q3 2024
Cash
Q3 2024
P/E
15.40
Nov 29, 2024 EST
Free Cash Flow
$851.1M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $2.502B $2.325B $2.158B $1.914B $1.661B $1.392B $1.107B $844.8M $603.8M
YoY Change 7.6% 7.74% 12.75% 15.2% 19.37% 25.74% 31.01% 39.91%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $2.502B $2.325B $2.158B $1.914B $1.661B $1.392B $1.107B $844.8M $603.8M
Cost Of Revenue $478.5M $444.2M $444.2M $414.6M $411.0M $394.7M $368.9M $390.6M $407.4M
Gross Profit $2.023B $1.881B $1.714B $1.499B $1.250B $997.0M $737.9M $454.2M $196.4M
Gross Profit Margin 80.87% 80.89% 79.42% 78.34% 75.26% 71.64% 66.67% 53.76% 32.53%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $703.1M $632.3M $652.1M $650.6M $668.7M $722.8M $471.3M $358.0M $301.0M
YoY Change 11.2% -3.04% 0.23% -2.71% -7.48% 53.36% 31.65% 18.94%
% of Gross Profit 34.75% 33.62% 38.05% 43.39% 53.48% 72.5% 63.87% 78.82% 153.26%
Research & Development $936.5M $891.9M $755.9M $727.5M $662.1M $768.2M $380.3M $289.7M $201.6M
YoY Change 5.0% 17.99% 3.9% 9.88% -13.81% 102.0% 31.27% 43.7%
% of Gross Profit 46.29% 47.42% 44.11% 48.52% 52.96% 77.05% 51.54% 63.78% 102.65%
Depreciation & Amortization $139.7M $140.9M $135.7M $145.1M $159.9M $158.6M $170.7M $173.8M $149.6M
YoY Change -0.85% 3.83% -6.48% -9.26% 0.82% -7.09% -1.78% 16.18%
% of Gross Profit 6.91% 7.49% 7.92% 9.68% 12.79% 15.91% 23.13% 38.27% 76.17%
Operating Expenses $1.484B $1.699B $1.439B $1.776B $1.331B $1.491B $851.6M $647.7M $502.6M
YoY Change -12.65% 18.07% -18.97% 33.48% -10.74% 75.08% 31.48% 28.87%
Operating Profit $538.7M $181.3M $274.4M -$277.0M -$80.50M -$494.0M -$113.7M -$193.5M -$306.2M
YoY Change 197.13% -33.93% -199.06% 244.1% -83.7% 334.48% -41.24% -36.81%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $19.40M $3.300M -$5.200M $1.700M $12.50M $7.100M -$11.00M -$16.40M -$10.60M
YoY Change 487.88% -163.46% -405.88% -86.4% 76.06% -164.55% -32.93% 54.72%
% of Operating Profit 3.6% 1.82% -1.9%
Other Income/Expense, Net -$3.700M $8.100M $30.10M $25.10M $16.00M $6.800M $13.20M $4.900M -$8.800M
YoY Change -145.68% -73.09% 19.92% 56.88% 135.29% -48.48% 169.39% -155.68%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $554.4M $192.7M $299.3M -$250.2M -$52.00M -$480.1M -$111.5M -$205.0M -$325.6M
YoY Change 187.7% -35.62% -219.62% 381.15% -89.17% 330.58% -45.61% -37.04%
Income Tax $100.8M -$360.5M -$36.50M $6.100M $700.0K $4.800M $200.0K $5.200M $300.0K
% Of Pretax Income 18.18% -187.08% -12.2%
Net Earnings $453.6M $553.2M $335.8M -$256.3M -$52.70M -$484.9M -$111.7M -$210.2M -$325.9M
YoY Change -18.0% 64.74% -231.02% 386.34% -89.13% 334.11% -46.86% -35.5%
Net Earnings / Revenue 18.13% 23.79% 15.56% -13.39% -3.17% -34.84% -10.09% -24.88% -53.97%
Basic Earnings Per Share $1.33 $1.53 $0.87 -$0.62 -$0.13
Diluted Earnings Per Share $1.31 $1.52 $0.85 -$0.62 -$0.13 -$1.352M -$285.0K -$536.4K -$831.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $1.356B $1.343B $1.718B $1.121B $1.159B $1.089B $430.0M $352.7M $356.9M
YoY Change 0.94% -21.81% 53.22% -3.25% 6.4% 153.33% 21.92% -1.18%
Cash & Equivalents $533.6M $142.7M $465.8M $247.7M $446.3M $416.3M $367.1M $259.0M $316.1M
Short-Term Investments $741.1M $1.111B $1.185B $806.4M $607.7M $570.0M
Other Short-Term Assets $91.90M $92.60M $82.10M $62.80M $40.10M $46.10M $53.60M $44.50M $25.50M
YoY Change -0.76% 12.79% 30.73% 56.61% -13.02% -13.99% 20.45% 74.51%
Inventory
Prepaid Expenses
Receivables $68.70M $53.80M $49.60M $43.40M $36.70M $28.60M $28.70M $13.10M $14.30M
Other Receivables $0.00 $0.00 $0.00 $0.00 $7.400M $46.20M $5.800M $3.100M $28.70M
Total Short-Term Assets $1.517B $1.490B $1.850B $1.228B $1.243B $1.210B $518.1M $413.4M $425.4M
YoY Change 1.8% -19.46% 50.7% -1.26% 2.73% 133.58% 25.33% -2.82%
Property, Plant & Equipment $493.0M $569.0M $735.9M $809.2M $1.103B $310.6M $341.9M $444.0M $437.6M
YoY Change -13.36% -22.68% -9.06% -26.65% 255.18% -9.15% -23.0% 1.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $16.80M $9.800M
YoY Change 71.43%
Other Assets $506.7M $553.2M $91.30M $60.60M $53.70M $62.10M $44.00M $26.60M $18.40M
YoY Change -8.41% 505.91% 50.66% 12.85% -13.53% 41.14% 65.41% 44.57%
Total Long-Term Assets $1.467B $1.620B $1.242B $1.160B $1.456B $483.9M $501.8M $590.8M $585.1M
YoY Change -9.47% 30.51% 7.05% -20.35% 200.89% -3.57% -15.06% 0.97%
Total Assets $2.984B $3.110B $3.091B $2.387B $2.699B $1.694B $1.020B $1.004B $1.011B
YoY Change
Accounts Payable $38.50M $38.60M $25.70M $18.70M $40.70M $33.30M $31.90M $15.50M $17.30M
YoY Change -0.26% 50.19% 37.43% -54.05% 22.22% 4.39% 105.81% -10.4%
Accrued Expenses $304.9M $340.5M $358.2M $359.0M $343.2M $201.5M $161.2M $114.6M $107.8M
YoY Change -10.46% -4.94% -0.22% 4.6% 70.32% 25.0% 40.66% 6.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $116.2M $114.8M $120.4M $99.60M $76.70M $73.80M $102.7M $127.6M $123.0M
YoY Change 1.22% -4.65% 20.88% 29.86% 3.93% -28.14% -19.51% 3.74%
Total Short-Term Liabilities $1.202B $1.197B $1.176B $1.088B $1.015B $837.5M $738.4M $635.3M $531.1M
YoY Change 0.42% 1.76% 8.09% 7.19% 21.17% 13.42% 16.23% 19.62%
Long-Term Debt $1.546B $1.526B $1.538B $171.6M $138.2M $89.90M $71.60M $129.6M $181.2M
YoY Change 1.35% -0.8% 796.27% 24.17% 53.73% 25.56% -44.75% -28.48%
Other Long-Term Liabilities $401.5M $697.3M $671.4M $794.0M $737.8M $89.90M $107.0M $116.5M $112.6M
YoY Change -42.42% 3.86% -15.44% 7.62% 720.69% -15.98% -8.15% 3.46%
Total Long-Term Liabilities $1.948B $2.223B $2.209B $965.6M $876.0M $179.8M $178.6M $246.1M $293.8M
YoY Change -12.38% 0.62% 128.81% 10.23% 387.21% 0.67% -27.43% -16.24%
Total Liabilities $3.149B $3.420B $3.385B $2.053B $1.891B $1.017B $917.0M $881.4M $824.9M
YoY Change -7.9% 1.01% 64.86% 8.6% 85.86% 10.94% 4.04% 6.85%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 341.2M shares 361.2M shares 388.0M shares 414.3M shares 411.6M shares
Diluted Shares Outstanding 345.6M shares 363.3M shares 395.8M shares 414.3M shares 411.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $8.8831 Billion

About DROPBOX, INC.

Dropbox, Inc. engages in providing file backup, sync, and sharing solutions. The company is headquartered in San Francisco, California and currently employs 2,693 full-time employees. The company went IPO on 2018-03-23. Its products include Dropbox Passwords, Vault, Computer Backup, Dropbox Sign, DocSend, Dropbox Capture and FormSwift, among others. Dropbox Passwords allows users to sign into Websites and apps by creating and storing usernames and passwords across devices. Dropbox Vault helps secure and organize sensitive information in the cloud. Computer backup automatically syncs folders on a user's computer to the cloud. Dropbox Sign is an e-signature and document workflow platform that enables customers to easily sign, send and receive documents through its intuitive Web and mobile-based interfaces. DocSend is a secure document sharing and analytics platform. Dropbox Capture is an all-in-one visual communication tool that helps team members share their work and ideas asynchronously. Its customers include individuals, families, teams, and organizations of all sizes.

Industry: Services-Prepackaged Software Peers: AppLovin Corp AVALARA, INC. BENTLEY SYSTEMS INC Dayforce, Inc. Confluent, Inc. Informatica Inc. MANHATTAN ASSOCIATES INC PROCORE TECHNOLOGIES, INC. Salesforce, Inc.