Dropbox Q1 revenue $611M (+8.7% YoY); Non-GAAP EPS $0.42 beats guidance

DROPBOX, INC.

2023-Q1 EPS reported $0.20 revenue$611,100,000

Revenue $611.1M (+8.7% YoY, +11.6% constant currency); paying users 17.90M (+4.7%).
GAAP net income $69.0M ($0.20 diluted EPS); Non-GAAP net income $146.1M ($0.42 EPS).
Total ARR $2.468B (+7.8% YoY); ARPU $138.97 vs $134.63 YoY.
Free cash flow $138.0M vs $130.7M YoY; cash & equivalents $1.253B.
CEO cites AI opportunity to transform knowledge work; CFO presenting at upcoming conferences.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DROPBOX, INC. reported first quarter ended March 31, 2023 results: revenue $611.1 million, net income $69.0 million, EPS $0.20.

Period: first quarter ended March 31, 2023
Revenue: $611.1 million
Net income: $69.0 million
EPS: $0.20
Result: reported results

Exact text from the filing

Dropbox Announces Fiscal 2023 First Quarter Results First Quarter Revenue of $611.1 Million, up 8.7% year-over-year; on a constant currency basis, up 11.6% year-over-year

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

DROPBOX, INC. filing history →

Source: SEC EDGAR

accession 0001467623-23-000025

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.