DBX Q3 2023 Earnings — Dropbox, Inc. Revenue & Financial Results | Market Cap Arena

DBXDropbox, Inc.

$7B

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$633M+7.1% YoY

Gross Profit

$513M81.1% margin

Operating Income

$131M20.6% margin

Net Income

$114M18.0% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$256M

Free Cash Flow

$247M

Stock-Based Comp.

$84M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$3.4B

Stockholders' Equity

-$350M

Cash & Equivalents

$604M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$633M	$591M	+7.1%
Gross Profit	$513M	$481M	+6.7%
Operating Income	$131M	$89M	+46.4%
Net Income	$114M	$83M	+37.1%

Geographic Segments

UNITED STATES

$359M57%

Non-US

$274M43%