secwatch.observer — SEC 8-K summary
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Issuer:     DROPBOX, INC. (DBX)
CIK:        0001467623
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001467623-26-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dropbox Q1 2026 revenue $629.5M (+0.8% YoY); GAAP net income $114.5M
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- GAAP diluted EPS $0.48; non-GAAP diluted EPS $0.76 (vs. $0.51 and $0.70 YoY).
- Revenue grew 2.0% YoY excluding FormSwift; GAAP operating margin 27.5%, non-GAAP 40.1%.
- Total ARR $2.560B (+0.3% YoY); paying users 18.09M (down from 18.16M YoY).
- Net cash from operations $204.5M; unlevered FCF $236.4M, up from $174.4M YoY.
- Company exceeded high end of revenue and operating margin guidance for the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467623/000146762326000027/0001467623-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467623/000146762326000027/dbx-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001467623-26-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer