OverviewSuggest Edit

Dropbox (formerly known as Evenflow) is a company that provides a cloud storage and collaboration platform. It offers a range of collaboration, editing, document management, and synchronization tools for individuals and business teams. Its solution enables users to keep files organized and synced across devices, share presentations, designs, and different files.

TypePublic
Founded2007
HQSan Francisco, US
Websitedropbox.com
Employee Ratings4
Culture scoreC+

Latest Updates

Employees (est.) (Dec 2019)2,801(+21%)
Job Openings27
Revenue (FY, 2018)$1.4 B(+26%)
Share Price (May 2020)$22.6

Key People/Management at Dropbox

Drew Houston

Drew Houston

Co-Founder and CEO, Director
Melanie Collins

Melanie Collins

VP of People
Arash Ferdowsi

Arash Ferdowsi

Co-Founder
Bharat Mediratta

Bharat Mediratta

CTO and SVP, Platform
Olivia Nottebohm

Olivia Nottebohm

Chief Operating Officer
Ajay Vashee

Ajay Vashee

CFO
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Dropbox Office Locations

Dropbox has offices in San Francisco, Austin, Mountain View, New York and in 12 other locations
San Francisco, US (HQ)
1800 Owens St, San Francisco
Austin, US
501 Congress Ave
Mountain View, US
Castro Station, 200 W Evelyn Ave
New York, US
50 W 23rd St
Seattle, US
701 5th Ave
Sydney, AU
5 Martin Pl
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Dropbox Financials and Metrics

Dropbox Revenue

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Dropbox's revenue was reported to be $1.39 b in FY, 2018 which is a 25.7% increase from the previous period.
USD

Revenue (Q3, 2019)

428.2m

Gross profit (Q3, 2019)

323.4m

Gross profit margin (Q3, 2019), %

75.5%

Net income (Q3, 2019)

(17.0m)

EBIT (Q3, 2019)

(18.6m)

Market capitalization (29-May-2020)

9.3b

Closing stock price (29-May-2020)

22.6

Cash (30-Sept-2019)

443.2m

EV

9.8b
Dropbox's current market capitalization is $9.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

844.8m1.1b1.4b

Revenue growth, %

40%31%26%

Cost of goods sold

390.6m368.9m394.7m

Gross profit

454.2m737.9m997.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

247.9m266.7m286.7m316.3m339.2m360.3m385.6m401.5m428.2m

Cost of goods sold

93.5m92.2m91.5m120.6m89.5m90.2m98.4m102.9m104.8m

Gross profit

154.4m174.5m195.2m195.7m249.7m270.1m287.2m298.6m323.4m

Gross profit Margin, %

62%65%68%62%74%75%74%74%76%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

352.7m430.0m519.3m

Accounts Receivable

13.2m29.3m28.6m

Prepaid Expenses

47.5m58.8m92.3m

Current Assets

413.4m518.1m1.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

665.3m504.1m536.2m359.2m343.6m443.2m

Accounts Receivable

26.2m31.2m28.6m34.1m37.6m38.4m

Prepaid Expenses

57.7m86.8m96.0m58.3m57.3m64.3m

Current Assets

929.9m1.1b1.2b1.0b1.0b1.1b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(210.2m)(111.7m)(484.9m)

Depreciation and Amortization

191.6m181.8m166.8m

Accounts Payable

5.5m16.2m(1.7m)

Cash From Operating Activities

252.6m330.3m425.4m
Quarterly
USDQ1, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(33.1m)(59.9m)(465.5m)(469.6m)(475.4m)(7.7m)(29.1m)(46.1m)

Depreciation and Amortization

48.0m94.4m35.9m75.9m121.6m45.8m91.9m132.5m

Accounts Payable

800.0k2.6m(2.8m)(8.5m)(3.9m)(5.2m)(1.8m)(2.4m)

Cash From Operating Activities

61.6m147.7m61.8m173.7m301.7m63.2m192.0m341.7m
USDY, 2019

EV/EBIT

-526 x

EV/CFO

28.6 x

EV/FCF

42.3 x

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

3.3 x

P/E Ratio

(564.2)
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Dropbox Operating Metrics

Dropbox's Registered Users was reported to be 600 m in Q3, 2019.
Nov, 2015FY, 2015Mar, 2016Jul, 2016FY, 2016Q1, 2017FY, 2017Feb, 2018Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Jun, 2019Q2, 2019Q3, 2019

Registered Users

500 m500 m500 m500 m500 m500 m500 m500 m600 m

Paying Users

6.50 m8.80 m9.30 m11 m11.50 m11.90 m12.30 m12.70 m13.20 m13.60 m13.60 m14 m

Paying Business Customers

150 k150 k200 k300 k400 k

ARPU

$113.54 $110.54 $110.79 $111.91 $114.30 $116.66 $118.60 $117.64 $121.04 $120.48 $120.48 $123.15
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Dropbox Acquisitions / Subsidiaries

Company NameDateDeal 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: 49.2% from International and 50.8% from United States

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Dropbox Online and Social Media Presence

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Dropbox Company Culture

  • Overall Culture

    C+

    71/100

  • CEO Rating

    B-

    72/100

  • Compensation

    A-

    81/100

  • Diversity

    C

    68/100

Learn more on Comparably

Dropbox News and Updates

WINNING Y COMBINATOR: Read the successful applications that hot startups used to win a spot in the accelerator that launched Airbnb and Dropbox

Y Combinator is an incredibly selective startup accelerator — and applications for the Summer 2020 batch are due on March 16 by 8 pm PDT. An impressive application can help you win a spot. Business Insider has highlighted below some examples of successful applications from Y Combinator alumni. Bus…

SaaS earnings bump Dropbox, Box and Sprout Social

A quick hit as we have a podcast to record, but a few public companies in the broader SaaS market reported earnings in the past week. Their results are worth unpacking as they paint a good picture of what the markets are hunting for in modern software companies. Of course, we’re covering the firms’ …

Stocks making the biggest moves midday: Deere, Chewy, Dropbox & more

Check out the companies making headlines in midday trading on Friday.

Thinking about buying stock in Dropbox, Lumber Liquidators, Nio, Rite Aid, or Sprint?

NEW YORK, Feb. 21, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DBX, LL, NIO, RAD, and S. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. DBX:...

Why Dropbox shares are soaring after it reported earnings

While the broader SaaS category has seen huge valuation gains in recent quarters, Dropbox has not. But perhaps the environment is changing for the company with its latest results.

Dropbox shares surge 17% on better-than-expected results

Dropbox shares surge 17% on better-than-expected results
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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, Melanie Collins and Arash Ferdowsi.

  • How many employees does Dropbox have?

    Dropbox has 2,801 employees.

  • What is Dropbox revenue?

    Latest Dropbox annual revenue is $1.4 b.

  • What is Dropbox revenue per employee?

    Latest Dropbox revenue per employee is $496.9 k.

  • Who are Dropbox competitors?

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

  • Where is Dropbox headquarters?

    Dropbox headquarters is located at 1800 Owens St, San Francisco, San Francisco.

  • Where are Dropbox offices?

    Dropbox has offices in San Francisco, Austin, Mountain View, New York and in 12 other locations.

  • How many offices does Dropbox have?

    Dropbox has 16 offices.