DBX Q1 2023 Earnings — Dropbox, Inc. Revenue & Financial Results | Market Cap Arena

DBXDropbox, Inc.

$7B

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$611M+8.7% YoY

Gross Profit

$494M80.9% margin

Operating Income

$84M13.8% margin

Net Income

$69M11.3% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$140M

Free Cash Flow

$138M

Stock-Based Comp.

$76M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$3.4B

Stockholders' Equity

-$365M

Cash & Equivalents

$333M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$611M	$562M	+8.7%
Gross Profit	$494M	$450M	+10.0%
Operating Income	$84M	$90M	-6.0%
Net Income	$69M	$80M	-13.4%

Geographic Segments

UNITED STATES

$346M57%

Non-US

$265M43%