DBXDropbox, Inc.

$7B

Q1 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$625M-1.0% YoY

Gross Profit

$508M81.3% margin

Operating Income

$186M29.8% margin

Net Income

$150M24.1% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$154M

Free Cash Flow

$153M

Stock-Based Comp.

$67M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$4.0B

Stockholders' Equity

-$1.1B

Cash & Equivalents

$942M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$625M	$631M	-1.0%
Gross Profit	$508M	$526M	-3.3%
Operating Income	$186M	$144M	+29.7%
Net Income	$150M	$132M	+13.6%

Geographic Segments

UNITED STATES

$356M57%

Non-US

$268M43%

DBX Q1 2025 Earnings — Dropbox, Inc. Revenue & Financial Results | Market Cap Arena