DBX Q2 2023 Earnings — Dropbox, Inc. Revenue & Financial Results | Market Cap Arena

DBXDropbox, Inc.

$7B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$623M+8.7% YoY

Gross Profit

$502M80.7% margin

Operating Income

$57M9.1% margin

Net Income

$43M6.9% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$188M

Free Cash Flow

$185M

Stock-Based Comp.

$95M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$3.4B

Stockholders' Equity

-$412M

Cash & Equivalents

$510M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$623M	$573M	+8.7%
Gross Profit	$502M	$467M	+7.6%
Operating Income	$57M	$83M	-31.8%
Net Income	$43M	$62M	-30.3%

Geographic Segments

UNITED STATES

$354M57%

Non-US

$269M43%