DBX Q4 2023 Earnings — Dropbox, Inc. Revenue & Financial Results | Market Cap Arena

DBXDropbox, Inc.

$7B

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$635M+6.0% YoY

Gross Profit

$513M80.8% margin

Operating Income

$267M42.1% margin

Net Income

$227M35.8% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$200M

Free Cash Flow

$190M

Stock-Based Comp.

$83M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$3.1B

Stockholders' Equity

-$166M

Cash & Equivalents

$615M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$635M	$599M	+6.0%
Gross Profit	$513M	$483M	+6.2%
Operating Income	$267M	-$80M	+432.6%
Net Income	$227M	$328M	-30.8%

Geographic Segments

UNITED STATES

$361M57%

Non-US

$274M43%