2023 Q4 Form 10-K Financial Statement

#000146762324000008 Filed on February 16, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $635.0M $2.502B
YoY Change 6.05% 7.6%
Cost Of Revenue $122.0M $478.5M
YoY Change 5.35% 7.72%
Gross Profit $513.0M $2.023B
YoY Change 6.21% 7.57%
Gross Profit Margin 80.79% 80.87%
Selling, General & Admin $180.9M $703.1M
YoY Change 12.29% 11.2%
% of Gross Profit 35.26% 34.75%
Research & Development $222.1M $936.5M
YoY Change -6.88% 5.0%
% of Gross Profit 43.29% 46.29%
Depreciation & Amortization $43.00M $139.7M
YoY Change 8.59% -0.85%
% of Gross Profit 8.38% 6.91%
Operating Expenses $403.0M $1.484B
YoY Change 0.85% -12.65%
Operating Profit $110.0M $538.7M
YoY Change 31.89% 197.13%
Interest Expense $9.600M $19.40M
YoY Change 24.68% 487.88%
% of Operating Profit 8.73% 3.6%
Other Income/Expense, Net -$4.700M -$3.700M
YoY Change -17.54% -145.68%
Pretax Income $272.3M $554.4M
YoY Change -447.32% 187.7%
Income Tax $45.00M $100.8M
% Of Pretax Income 16.53% 18.18%
Net Earnings $227.3M $453.6M
YoY Change -30.76% -18.0%
Net Earnings / Revenue 35.8% 18.13%
Basic Earnings Per Share $1.33
Diluted Earnings Per Share $0.67 $1.31
COMMON SHARES
Basic Shares Outstanding 341.2M shares
Diluted Shares Outstanding 345.6M shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.356B $1.356B
YoY Change 0.94% 0.94%
Cash & Equivalents $614.9M $533.6M
Short-Term Investments $741.1M $741.1M
Other Short-Term Assets $91.90M $91.90M
YoY Change -0.76% -0.76%
Inventory
Prepaid Expenses
Receivables $68.70M $68.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.517B $1.517B
YoY Change 1.8% 1.8%
LONG-TERM ASSETS
Property, Plant & Equipment $309.2M $493.0M
YoY Change 0.26% -13.36%
Goodwill $402.2M
YoY Change -0.27%
Intangibles $58.10M
YoY Change -34.2%
Long-Term Investments
YoY Change
Other Assets $53.20M $506.7M
YoY Change -12.79% -8.41%
Total Long-Term Assets $1.467B $1.467B
YoY Change -9.47% -9.47%
TOTAL ASSETS
Total Short-Term Assets $1.517B $1.517B
Total Long-Term Assets $1.467B $1.467B
Total Assets $2.984B $2.984B
YoY Change -4.07% -4.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.50M $38.50M
YoY Change -0.26% -0.26%
Accrued Expenses $304.9M $304.9M
YoY Change -10.46% -10.46%
Deferred Revenue $725.0M
YoY Change 3.19%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $116.2M $116.2M
YoY Change 1.22% 1.22%
Total Short-Term Liabilities $1.202B $1.202B
YoY Change 0.42% 0.42%
LONG-TERM LIABILITIES
Long-Term Debt $1.546B $1.546B
YoY Change 1.35% 1.35%
Other Long-Term Liabilities $90.80M $401.5M
YoY Change -19.0% -42.42%
Total Long-Term Liabilities $90.80M $1.948B
YoY Change -19.0% -12.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.202B $1.202B
Total Long-Term Liabilities $90.80M $1.948B
Total Liabilities $3.149B $3.149B
YoY Change -7.9% -7.9%
SHAREHOLDERS EQUITY
Retained Earnings -$2.742B
YoY Change -1.07%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$165.8M -$165.8M
YoY Change
Total Liabilities & Shareholders Equity $2.984B $2.984B
YoY Change -4.07% -4.07%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $227.3M $453.6M
YoY Change -30.76% -18.0%
Depreciation, Depletion And Amortization $43.00M $139.7M
YoY Change 8.59% -0.85%
Cash From Operating Activities $200.3M $783.7M
YoY Change 2.93% -1.71%
INVESTING ACTIVITIES
Capital Expenditures $10.30M $24.30M
YoY Change -26.43% -28.11%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$11.70M -$23.90M
YoY Change -87.16% 21.94%
Cash From Investing Activities -$22.00M $395.2M
YoY Change -79.07% -914.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $537.4M
YoY Change -32.39%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -172.0M -$799.2M
YoY Change -26.53% -23.29%
NET CHANGE
Cash From Operating Activities 200.3M $783.7M
Cash From Investing Activities -22.00M $395.2M
Cash From Financing Activities -172.0M -$799.2M
Net Change In Cash 6.300M $382.1M
YoY Change -104.36% -227.28%
FREE CASH FLOW
Cash From Operating Activities $200.3M $783.7M
Capital Expenditures $10.30M $24.30M
Free Cash Flow $190.0M $759.4M
YoY Change 5.2% -0.54%

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CY2021 dbx Deprecation Depletion And Amortization Excluding Amortization Of Deferred Sales Commissions
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 dbx Increase Decrease In Accrued Liabilities And Other Liabilities
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CY2021 dbx Increase Decrease Tenant Improvement Allowance Reimbursement
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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218100000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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232800000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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533000000.0 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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314900000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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232800000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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533000000.0 usd
CY2023 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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8500000 usd
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68200000 usd
CY2022 us-gaap Income Taxes Paid Net
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27600000 usd
CY2021 us-gaap Income Taxes Paid Net
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4200000 usd
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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144700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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105800000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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127300000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
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<div style="margin-bottom:6pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to prior year balances in order to conform to the current period presentation. For the year ended December 31, 2021, a gain related to the partial termination of the Company's lease for its San Francisco, California corporate headquarters was reclassified from "Other (loss) income, net" to "Net (gain) loss on real estate assets". These reclassifications had no impact on the previously reported net income or accumulated deficit.</span></div>
CY2023 us-gaap Use Of Estimates
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<div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the Company’s consolidated financial statements and accompanying notes. These estimates are based on information available as of the date of the consolidated financial statements. Management evaluates these estimates and assumptions on a regular basis. Actual results may differ materially from these estimates.</span></div><div style="text-indent:24.75pt"><span><br/></span></div><div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s most significant estimates and judgments related to the remeasurement of its lease liability, valuation of right-of-use and related lease assets and income taxes. </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div>In the first quarter of 2024, the Company determined that the useful lives of certain infrastructure server and component assets, which are included in “Property and equipment, net”, should be increased from <span style="-sec-ix-hidden:f-481">four</span> to five years, as the Company plans to extend the economic life of these assets in light of recent technological advancements. This change in useful lives will be effective beginning fiscal year 2024, and will have an estimated favorable impact to cost of revenue and operating income in fiscal year 2024 of approximately $30.5 million based on assets that were included in “Property and equipment, net” as of December 31, 2023.
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2023 us-gaap Revenue Performance Obligation Description Of Timing
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CY2023 us-gaap Contract With Customer Liability Revenue Recognized
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701600000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P12M
CY2023 us-gaap Marketing And Advertising Expense
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131700000 usd
CY2022 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
94800000 usd
CY2021 us-gaap Marketing And Advertising Expense
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108600000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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CY2023 us-gaap Concentration Risk Credit Risk
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<div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash, cash equivalents, accounts receivable, and short-term investments. Although the Company deposits its cash and cash equivalents with multiple well-established financial institutions, the deposits, at times, may exceed federally insured limits. The Company has not experienced any losses on its deposits of cash and cash equivalents and management believes that the institutions where the Company has deposits are financially stable and, accordingly, minimal credit risk exists.</span></div>
CY2023Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
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CY2023Q4 us-gaap Nontrade Receivables Current
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6900000 usd
CY2022Q4 us-gaap Nontrade Receivables Current
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6500000 usd
CY2023 dbx Capitalized Contract Costs Additions
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24700000 usd
CY2022 dbx Capitalized Contract Costs Additions
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33500000 usd
CY2023 us-gaap Amortization Of Deferred Sales Commissions
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38600000 usd
CY2022 us-gaap Amortization Of Deferred Sales Commissions
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39500000 usd
CY2021 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
32300000 usd
CY2023 us-gaap Asset Impairment Charges
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3600000 usd
CY2022 us-gaap Asset Impairment Charges
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175200000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
31300000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
402200000 usd
CY2023 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3600000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
175200000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
31300000 usd
CY2022 dbx Income Tax Benefit Release Of Deferred Tax Asset Valuation Allowance
IncomeTaxBenefitReleaseOfDeferredTaxAssetValuationAllowance
420200000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
614900000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
614900000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
761800000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
600000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
21300000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
741100000 usd
CY2023Q4 dbx Cash Cash Equivalents And Short Term Investments Amortized Cost
CashCashEquivalentsAndShortTermInvestmentsAmortizedCost
1376700000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
600000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
21300000 usd
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
1356000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
232800000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
232800000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1158500000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
300000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
48200000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1110600000 usd
CY2022Q4 dbx Cash Cash Equivalents And Short Term Investments Amortized Cost
CashCashEquivalentsAndShortTermInvestmentsAmortizedCost
1391300000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
300000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
48200000 usd
CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
1343400000 usd
CY2023Q4 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
17000000.0 usd
CY2022Q4 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
12400000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
306900000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
304200000 usd
CY2023Q4 dbx Debt Securities Available For Sale Securities Maturity Allocated And Single Maturity Date After One Through Three Years Amortized Cost
DebtSecuritiesAvailableForSaleSecuritiesMaturityAllocatedAndSingleMaturityDateAfterOneThroughThreeYearsAmortizedCost
407100000 usd
CY2023Q4 dbx Debt Securities Available For Sale Securities Maturity Allocated And Single Maturity Date After One Through Three Years Fair Value
DebtSecuritiesAvailableForSaleSecuritiesMaturityAllocatedAndSingleMaturityDateAfterOneThroughThreeYearsFairValue
390700000 usd
CY2023Q4 dbx Available For Sale Securities Debt Maturities After Three Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeYearsAmortizedCost
47800000 usd
CY2023Q4 dbx Available For Sale Securities Debt Maturities After Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeYearsFairValue
46200000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
761800000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
741100000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
398 investment
CY2023Q4 dbx Short Term Investments Numberof Security Types
ShortTermInvestmentsNumberofSecurityTypes
9 investment
CY2023Q4 dbx Short Term Investments Numberof Security Types In Loss Position
ShortTermInvestmentsNumberofSecurityTypesInLossPosition
7 investment
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
21300000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
43500000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
200000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
534800000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
21100000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
578300000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
21300000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
314300000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
6000000.0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
633700000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
42200000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
948000000.0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
48200000 usd
CY2023 us-gaap Investment Income Net
InvestmentIncomeNet
34600000 usd
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
15700000 usd
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
7500000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
895500000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
811900000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
586300000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
503500000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
309200000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
308400000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
457400000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
456400000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
234700000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
240900000 usd
CY2023 us-gaap Depreciation
Depreciation
139700000 usd
CY2022 us-gaap Depreciation
Depreciation
140900000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
160900000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
160700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
102800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
72400000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
58100000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
88300000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30400000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
25100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
58100000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
403300000 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-200000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-900000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
402200000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1400000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
695800000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
693300000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1389100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2023 dbx Lessee Operating Sublease Extension Term
LesseeOperatingSubleaseExtensionTerm
P4Y
CY2023 us-gaap Sublease Income
SubleaseIncome
15300000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
20100000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
71600000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
91700000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
111700000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
111400000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
10500000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7500000 usd
CY2023 dbx Finance Lease Cost
FinanceLeaseCost
122200000 usd
CY2022 dbx Finance Lease Cost
FinanceLeaseCost
118900000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
91400000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
104700000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
10500000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
7500000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
126600000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
127500000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
34300000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
33000000.0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
144700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
105800000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y10M24D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.044
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.034
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
74900000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
128800000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
76700000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
90300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
39700000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
62300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
39100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
25600000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
38300000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
177800000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
446500000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
307200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
78600000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
22500000 usd
CY2023Q4 dbx Lessee Operating Lease Tenant Improvement Allowance Receivable
LesseeOperatingLeaseTenantImprovementAllowanceReceivable
-100000 usd
CY2023Q4 dbx Finance Lease Tenant Improvement Allowance Receivable
FinanceLeaseTenantImprovementAllowanceReceivable
0 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
368000000.0 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
284700000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
17400000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
12400000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
8200000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
7900000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
7700000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
18900000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
72500000 usd
CY2023Q4 dbx Lessee Operating Lease Non Lease Component
LesseeOperatingLeaseNonLeaseComponent
228300000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3600000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
175200000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
31300000 usd
CY2023Q4 dbx Lessee Operating Lease Lease Not Yet Commenced Liability
LesseeOperatingLeaseLeaseNotYetCommencedLiability
14000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
P4Y6M
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
128800000 usd
CY2023Q4 dbx Lessee Operating And Short Term Leases Payments Due Year One
LesseeOperatingAndShortTermLeasesPaymentsDueYearOne
103000000.0 usd
CY2023Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
57600000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
90300000 usd
CY2023Q4 dbx Lessee Operating And Short Term Leases Payments Due Year Two
LesseeOperatingAndShortTermLeasesPaymentsDueYearTwo
114000000.0 usd
CY2023Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
58000000.0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
62300000 usd
CY2023Q4 dbx Lessee Operating And Short Term Leases Payments Due Year Three
LesseeOperatingAndShortTermLeasesPaymentsDueYearThree
58200000 usd
CY2023Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
60700000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
25600000 usd
CY2023Q4 dbx Lessee Operating And Short Term Leases Payments Due Year Four
LesseeOperatingAndShortTermLeasesPaymentsDueYearFour
58100000 usd
CY2023Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
200000 usd
CY2023Q4 dbx Lessee Operating And Short Term Leases Payments Due Year Five
LesseeOperatingAndShortTermLeasesPaymentsDueYearFive
57900000 usd
CY2023Q4 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 dbx Lessee Operating And Short Term Leases Payments Due After Year Five
LesseeOperatingAndShortTermLeasesPaymentsDueAfterYearFive
283500000 usd
CY2023Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
15100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
307200000 usd
CY2023Q4 dbx Lessee Operating And Short Term Leases Payments Due
LesseeOperatingAndShortTermLeasesPaymentsDue
674700000 usd
CY2023Q4 us-gaap Other Commitment
OtherCommitment
191700000 usd
CY2023Q4 dbx Finance Lease Liability Interest And Taxes
FinanceLeaseLiabilityInterestAndTaxes
22500000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
116200000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
168500000 usd
CY2023Q4 dbx Lessee Operating Lease Non Lease Component
LesseeOperatingLeaseNonLeaseComponent
228300000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
60300000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
76400000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
28800000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
25500000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
16900000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
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CY2023Q4 dbx Other Accrued Liabilities And Other Liabilities Current
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Files In Submission

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