earnings
confidence high
sentiment positive
materiality 0.65
Dropbox Q3 revenue $591M (+7.4% YoY); non-GAAP EPS $0.43 vs $0.37 YoY
DROPBOX, INC.
2022-Q3 EPS reported
$0.61
revenue$1,726,100,000
- Revenue $591.0M (+7.4% YoY; +9.7% constant currency); ARR $2.431B (+9.6% YoY).
- GAAP net income $83.2M ($0.23 diluted EPS); non-GAAP net income $153.1M ($0.43 diluted EPS).
- Paying users 17.55M, up 6.4% YoY; ARPU $134.31, slightly up from $133.79.
- Free cash flow $245.2M, up from $221.5M; cash and equivalents $1.453B.
- CEO cites strong quarter despite macro headwinds; Teams plan changes and new products highlighted.