Dropbox Q2 revenue $622.5M (+8.7% YoY), non-GAAP EPS $0.51, authorizes $1.2B buyback

DROPBOX, INC.

2023-Q2 EPS reported $0.32 revenue$1,233,600,000

Revenue $622.5M (+8.7% YoY, +11.2% constant currency); Total ARR $2.500B (+7.2% YoY).
Non-GAAP EPS $0.51 (vs $0.38 YoY); GAAP EPS $0.13 (includes $37.5M workforce reduction costs).
Board authorized $1.2B share repurchase program on July 26, 2023.
Paying users 18.04M (+0.67M YoY); ARPU $138.94 (+$5.60 YoY).
Free cash flow $184.6M (down from $205.9M YoY, impacted by $34M restructuring cash costs).

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.