DBX Q2 2024 Earnings — Dropbox, Inc. Revenue & Financial Results | Market Cap Arena

DBXDropbox, Inc.

$7B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$635M+1.9% YoY

Gross Profit

$528M83.1% margin

Operating Income

$127M20.0% margin

Net Income

$111M17.4% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$231M

Free Cash Flow

$225M

Stock-Based Comp.

$91M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$3.1B

Stockholders' Equity

-$371M

Cash & Equivalents

$515M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$635M	$623M	+1.9%
Gross Profit	$528M	$502M	+5.0%
Operating Income	$127M	$57M	+124.8%
Net Income	$111M	$43M	+155.8%

Geographic Segments

UNITED STATES

$362M57%

Non-US

$273M43%