Dropbox Q3 revenue $633M, up 7.1% YoY; GAAP EPS $0.33, non-GAAP EPS $0.56

DROPBOX, INC.

2023-Q3 EPS reported $0.65 revenue$1,866,600,000

Revenue $633.0M (+7.1% YoY; +8.3% constant currency); ARR $2.525B (+3.8% YoY).
GAAP net income $114.1M ($0.33 diluted EPS) vs $83.2M ($0.23) YoY; non-GAAP EPS $0.56 vs $0.43.
Paying users 18.17M (+0.62M YoY); ARPU $138.71 (+$4.40 YoY).
Free cash flow $246.5M, up marginally from $245.2M; cash and short-term investments $1.309B.
Launched Dropbox Dash open beta, redesigned web experience, and new business plans during Q3.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DROPBOX, INC. reported third quarter ended September 30, 2023 results: revenue $633.0 million, net income $114.1 million, EPS $0.33.

Period: third quarter ended September 30, 2023
Revenue: $633.0 million
Net income: $114.1 million
EPS: $0.33
Result: reported results

Exact text from the filing

Total revenue was $633.0 million, an increase of 7.1% from the same period last year.

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DROPBOX, INC. filing history →

Source: SEC EDGAR

accession 0001467623-23-000048

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