earnings
confidence high
sentiment neutral
materiality 0.65
Dropbox Q4 revenue $643.6M (+1.4% YoY); non-GAAP EPS $0.73 beats $0.50 last year
DROPBOX, INC.
2024-FY EPS reported
$1.40
revenue$2,548,200,000
- GAAP net income $102.8M ($0.34 diluted EPS) vs $227.3M ($0.66) last year; non-GAAP net income $222.6M ($0.73) vs $170.8M ($0.50).
- FY2024 revenue $2.548B (+1.9% YoY); GAAP operating margin 19.1%, non-GAAP operating margin 36.4%.
- ARR $2.574B (+2.0% YoY); paying users 18.22M (+0.1M YoY, -15K QoQ).
- Entered $2.0B private credit agreement; $1B initial term loans due 2029, $1B delayed draw.
- Repurchased 12.5M shares for $350.4M in Q4; new $1.2B buyback authorization in Dec 2024.