---
schema_version: "secwatch.filing_event.v1"
accession: "0001467623-22-000007"
form_type: "8-K"
ticker: "DBX"
cik: "0001467623"
company_name: "DROPBOX, INC."
filed_at: "2022-02-17T23:59:59+00:00"
generated_at: "2026-06-27T07:00:36.907592+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dropbox Q4 revenue up 12.2% to $565.5M; first full-year GAAP profitability; board authorizes $1.2B buyback

## Summary
- Q4 revenue $565.5M (+12.2% YoY); GAAP net income $124.6M vs loss $345.8M a year ago.
- Q4 non-GAAP EPS $0.41 (up from $0.28); full-year non-GAAP EPS $1.54 (up from $0.93).
- Paying users 16.79M (+8.5% YoY); ARPU $134.78 (up 3.5%).
- Full-year free cash flow $707.7M (+44.2% YoY); board authorized $1.2B share repurchase.
- GAAP operating margin improved to 12.4% from (68.8%) in Q4 2020.

## SEC filing metadata
- accession: 0001467623-22-000007
- form_type: 8-K
- ticker: DBX
- cik: 0001467623
- company_name: DROPBOX, INC.
- filed_at: 2022-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467623/000146762322000007/0001467623-22-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467623/000146762322000007/dbx-20220217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001467623-22-000007
- JSON: https://secwatch.observer/filing/0001467623-22-000007.json
- Plain text: https://secwatch.observer/filing/0001467623-22-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.