earnings
confidence high
sentiment negative
materiality 0.70
Dropbox Q4 revenue $636.2M (-1.1% YoY); GAAP EPS $0.43, non-GAAP $0.68
DROPBOX, INC.
2025-FY EPS reported
$1.86
revenue$2,521,000,000
- Q4 revenue $636.2M, down 1.1% YoY; excluding FormSwift up 0.4%. ARR $2.526B (-1.9%).
- GAAP operating margin 25.5% vs 13.7% YoY; non-GAAP 38.2% vs 36.9%.
- GAAP EPS $0.43 from $0.34; non-GAAP EPS $0.68 from $0.73 (higher tax/interest).
- FY2025 revenue $2.521B (-1.1%); GAAP operating margin 27.3%; repurchased $1.7B in shares.
- Paying users fell to 18.08M from 18.22M; ARPU $139.68 from $140.06.