Dropbox, Inc.
Dropbox, Inc. (DBX) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Dropbox, Inc. (DBX), covering cash flow, earnings, and balance sheets.
Dropbox, Inc. (DBX) Income Statement & Financial Overview
Review Dropbox, Inc. DBX income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $624.70M | $643.60M | $638.80M | $634.50M |
| Cost of Revenue | $116.70M | $120.80M | $111.50M | $107.00M |
| Gross Profit | $508.00M | $522.80M | $527.30M | $527.50M |
| Gross Profit Ratio | $0.81 | $0.81 | $0.83 | $0.83 |
| R&D Expenses | $177.20M | $243.00M | $225.70M | $227.10M |
| SG&A Expenses | $145.80M | $191.80M | $173.80M | $173.40M |
| Operating Expenses | $322.20M | $434.90M | $399.50M | $400.50M |
| Total Costs & Expenses | $438.60M | $555.70M | $511.00M | $507.50M |
| Interest Income | $12.70M | $8.80M | $3.80M | $4.70M |
| Interest Expense | $27.30M | $10.70M | $0.00 | $0.00 |
| Depreciation & Amortization | $38.10M | $38.20M | $35.30M | $32.40M |
| EBITDA | $234.90M | $126.20M | $163.10M | $159.40M |
| EBITDA Ratio | $0.38 | $0.20 | $0.26 | $0.25 |
| Operating Income | $186.10M | $87.90M | $127.80M | $127.00M |
| Operating Income Ratio | $0.30 | $0.14 | $0.20 | $0.20 |
| Other Income/Expenses (Net) | -$16.60M | $4.50M | $4.90M | $6.60M |
| Income Before Tax | $169.50M | $92.40M | $132.70M | $133.60M |
| Income Before Tax Ratio | $0.27 | $0.14 | $0.21 | $0.21 |
| Income Tax Expense | $19.20M | -$10.40M | $26.00M | $23.10M |
| Net Income | $150.30M | $102.80M | $106.70M | $110.50M |
| Net Income Ratio | $0.24 | $0.16 | $0.17 | $0.17 |
| EPS | $0.52 | $0.34 | $0.34 | $0.34 |
| Diluted EPS | $0.51 | $0.34 | $0.34 | $0.34 |
| Weighted Avg Shares Outstanding | $290.30M | $301.50M | $314.50M | $322.40M |
| Weighted Avg Shares Outstanding (Diluted) | $295.70M | $306.80M | $316.40M | $323.70M |
The company's financials show resilient growth, with revenue advancing from $634.50M in Q2 2024 to $624.70M in Q1 2025. Gross profit remained healthy with margins at 81% in Q1 2025 compared to 83% in Q2 2024. Operating income hit $186.10M last quarter, sustaining a consistent 30% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $234.90M. Net income rose to $150.30M, while earnings per share reached $0.52. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan