Dropbox Q3 revenue $638.8M (+0.9% YoY); GAAP EPS $0.34, Non-GAAP $0.60

DROPBOX, INC.

2024-Q3 EPS reported $1.07 revenue$1,904,600,000

Revenue $638.8M, up 0.9% YoY; ARR $2.579B, up 2.1% YoY.
GAAP net income $106.7M ($0.34 diluted EPS); Non-GAAP net income $190.4M ($0.60 diluted EPS).
GAAP operating margin 20.0%, Non-GAAP 36.2%; Free cash flow $270.1M, up from $246.5M.
Paying users 18.24M (+19k QoQ); ARPU $139.05 vs $138.71 YoY.
CEO cites workforce reduction to strengthen core business and accelerate new bets like Dropbox Dash.

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.