OverviewSuggest Edit

Dropbox is a file hosting service that offers cloud storage, file synchronization, personal cloud and client software. It creates a special folder on the user's computer, the contents of which are then synchronized to Dropbox's servers and to other computers and devices that the user has installed Dropbox on, keeping the same files up-to-date on all devices. 
TypePublic
Founded2007
HQSan Francisco, US
Websitedropbox.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Dec 2018)2,323(+26%)
Job Openings228
Revenue (FY, 2017)$1.1 B(+32%)
Share Price (Mar 2019)$22.2

Key People/Management at Dropbox

Drew Houston

Drew Houston

Co-Founder and CEO
Arash Ferdowsi

Arash Ferdowsi

Co-Founder
Quentin Clark

Quentin Clark

SVP Engineering, Product, and Design
Arden Hoffman

Arden Hoffman

VP People
Yamini Rangan

Yamini Rangan

Chief Customer Officer
Ajay Vashee

Ajay Vashee

CFO
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Dropbox Office Locations

Dropbox has offices in San Francisco, New York, Mountain View, Austin and in 8 other locations
San Francisco, US (HQ)
333 Brannan St, San Francisco
Austin, US
501 Congress Ave
Mountain View, US
Castro Station, 200 W Evelyn Ave
New York, US
E 9th St
San Francisco, US
333 Brannan St, San Francisco
Seattle, US
701 5th Ave
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Dropbox Financials and Metrics

Dropbox Revenue

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Dropbox's revenue was reported to be $1.11 b in FY, 2017 which is a 31% increase from the previous period.
USD

Revenue (Q4, 2018)

375.9m

Net income (Q4, 2018)

(9.5m)

Market capitalization (18-Mar-2019)

9.1b

Closing stock price (18-Mar-2019)

22.2

Cash (30-Sep-2018)

536.2m

EV

8.7b
Dropbox's current market capitalization is $9.1 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

603.8m844.8m1.1b

Revenue growth, %

40%31%

Cost of goods sold

407.4m390.6m368.9m

Gross profit

196.4m454.2m737.9m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018

Revenue

185.0m200.8m221.0m238.0m247.9m266.7m286.7m305.5m316.3m339.2m360.3m375.9m

Cost of goods sold

98.8m102.7m98.8m89.3m93.5m92.2m91.5m91.7m120.6m89.5m90.2m

Gross profit

86.2m98.1m122.2m148.7m154.4m174.5m195.2m213.8m195.7m249.7m270.1m

Gross profit Margin, %

47%49%55%62%62%65%68%70%62%74%75%
Annual
USDFY, 2016FY, 2017

Cash

352.7m430.0m

Accounts Receivable

13.2m29.3m

Prepaid Expenses

47.5m58.8m

Current Assets

413.4m518.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018

Cash

665.3m504.1m536.2m

Accounts Receivable

26.2m31.2m28.6m

Prepaid Expenses

57.7m86.8m96.0m

Current Assets

929.9m1.1b1.2b
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(325.9m)(210.2m)(111.7m)

Depreciation and Amortization

149.6m191.6m181.8m

Accounts Payable

9.2m5.5m16.2m

Cash From Operating Activities

14.8m252.6m330.3m
Quarterly
USDQ1, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(33.1m)(59.9m)(465.5m)(469.6m)(475.4m)

Depreciation and Amortization

48.0m94.4m35.9m75.9m121.6m

Accounts Payable

800.0k2.6m(2.8m)(8.5m)(3.9m)

Cash From Operating Activities

61.6m147.7m61.8m173.7m301.7m
USDY, 2018

EV/CFO

29 x

EV/FCF

31.9 x

Revenue/Employee

161.8k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.5 x
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Dropbox Operating Metrics

Dropbox's Registered Users was reported to be 500 m in Q1, 2018.
Nov, 2015FY, 2015Mar, 2016Jul, 2016FY, 2016Q1, 2017FY, 2017Feb, 2018Q1, 2018Y, 2018

Paying Users

6.50 m8.80 m9.30 m11 m11.50 m12.70 m

ARPU

$113.54 $110.54 $110.79 $111.91 $114.30 $119.61

Registered Users

500 m500 m500 m

Paying Business Customers

150 k150 k200 k300 k
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Dropbox Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
HelloSignJanuary 29, 2019$230 m
VerstNovember 30, 2017
ClementineJuly 22, 2015
UmanoMay 13, 2015
PixelapseJanuary 26, 2015
CloudOnJanuary 21, 2015$100 m
Predictive EdgeJuly 01, 2014
ParastructureJune 16, 2014
MobileSpanJune 10, 2014
DroptalkJune 05, 2014
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Dropbox Revenue Breakdown

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Dropbox revenue breakdown by geographic segment: 48.0% from International and 52.0% from United States

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Dropbox Online and Social Media Presence

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Dropbox News and Updates

Dropbox adds Klaxoon, Pronto, and WeVideo integrations in education push

Cloud storage service Dropbox today announced it has inked deals with Klaxoon, Pronto, and WeVideo to expand its productivity offerings.

Dropbox now limits free users to 3 devices

Dropbox has removed unlimited devices for free accounts, meaning that unless you upgrade to a paid plan, you will be restricted to just three devices.

Former Dropbox exec Dennis Woodside joins Impossible Foods as its first President

Former Google and Dropbox executive Dennis Woodside has joined the meat replacement developer Impossible Foods as the company’s first President. Woodside, who previously shepherded Dropbox through its initial public offering, is a longtime technology executive who is making his first foray into the …

Move over Dropbox and WeTransfer: Firefox Send is a free, safe tool for sending files

Mozilla, the company behind Firefox, now offers a full service that lets you send fully encrypted files for free. This week, Mozilla launched its latest free service: a file-sharing tool that’s fully encrypted, free to use, and doesn’t require users to share an email address or any other informatio…

GM Cruise snags Dropbox HR head to hire 1,000 engineers

GM Cruise plans to hire 1,000 more engineers over the next nine months, TechCrunch has learned. It’s an aggressive move by the autonomous vehicle technology company to double its size as it pushes to deploy a robotaxi service by the end of the year. Arden Hoffman, who helped scale Dropbox, will leav…
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Dropbox Frequently Asked Questions

  • When was Dropbox founded?

    Dropbox was founded in 2007.

  • Who are Dropbox key executives?

    Dropbox's key executives are Drew Houston, Arash Ferdowsi and Quentin Clark.

  • How many employees does Dropbox have?

    Dropbox has 2,323 employees.

  • What is Dropbox revenue?

    Latest Dropbox annual revenue is $1.1 b.

  • What is Dropbox revenue per employee?

    Latest Dropbox revenue per employee is $476.5 k.

  • Who are Dropbox competitors?

    Competitors of Dropbox include Cloudian, Amazon Web Services and Box.

  • Where is Dropbox headquarters?

    Dropbox headquarters is located at 333 Brannan St, San Francisco, San Francisco.

  • Where are Dropbox offices?

    Dropbox has offices in San Francisco, New York, Mountain View, Austin and in 8 other locations.

  • How many offices does Dropbox have?

    Dropbox has 13 offices.