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. Dropbox uses a freemium business model, where users are offered a free account with a set storage size, with paid subscriptions available that offer more capacity and additional features. Dropbox Basic users are given 2 gigabytes of free storage space. Dropbox Plus users are given 1 terabyte of storage space, as well as additional features, including advanced sharing controls, remote wipe and an optional extended version history add-on.
San Francisco, US
Size (employees)
1,850 (est)
Dropbox was founded in 2007 and is headquartered in San Francisco, US
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Key People/Management at Dropbox

Drew Houston

Drew Houston

Co-Founder & CEO
Ajay Vashee

Ajay Vashee

Dennis Woodside

Dennis Woodside

Arash Ferdowsi

Arash Ferdowsi

Carolyn Feinstein

Carolyn Feinstein

Matt Eccleston

Matt Eccleston

VP of Engineering
Bart Volkmer

Bart Volkmer

General Counsel
Sylvie Veilleux

Sylvie Veilleux

Don Blair

Don Blair

Meg Whitman

Meg Whitman

Paul Jacobs

Paul Jacobs

Bob Mylod

Bob Mylod

Condoleezza Rice

Condoleezza Rice

Bryan Schreier

Bryan Schreier

Akhil Gupta

Akhil Gupta

VP of Infrastructure
Amber Cottle

Amber Cottle

VP of Global Public Policy & Government Affairs
Quentin Clark

Quentin Clark

SVP of Engineering, Product, and Design
Lin-Hua Wu

Lin-Hua Wu

VP of Communications

Dropbox Office Locations

Dropbox has an office in Dublin, Herzliya, London, Paris and in 6 other locations
San Francisco, US (HQ)
185 Berry St 4th Floor
Austin, US
Congress Ave
New York, US
9th Street
San Francisco, US
333 Brannan
Seattle, US
701 5th Ave
Sydney, AU
345 George St
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Dropbox Financials and Metrics

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Dropbox Financials

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

Revenue (FY, 2017)

1.1 b

Revenue growth (FY, 2016 - FY, 2017), %


Gross profit (FY, 2017)

737.9 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

(111.7 m)

EBIT (FY, 2017)

(113.7 m)

Market valuation

10 b

Cash (4-Mar-2018)

430 m


9.7 b
USDFY, 2015FY, 2016FY, 2017


603.8 m844.8 m1.1 b

Revenue growth, %


Cost of goods sold

407.4 m390.6 m368.9 m

Gross profit

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


185 m200.8 m221 m238 m247.9 m266.7 m286.7 m305.5 m

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

USDFY, 2016FY, 2017


352.7 m430 m

Accounts Receivable

13.2 m29.3 m

Prepaid Expenses

47.5 m58.8 m

Current Assets

413.4 m518.1 m
USDFY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

149.6 m191.6 m181.8 m

Accounts Payable

9.2 m5.5 m16.2 m

Cash From Operating Activities

14.8 m252.6 m330.3 m
USDY, 2017


-85.7 x


29.5 x


31.9 x


526.2 k


1.7 x


0.2 x

Financial Leverage

9.9 x
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Dropbox Operating Metrics

Dropbox's Registered Users was reported to be 500 m in Feb, 2018. Dropbox's Patent Applications was reported to be 600 in Feb, 2018. Dropbox's Connections was reported to be 4.5 b in Feb, 2018.
FY, 2015Mar, 2016Dec, 2016FY, 2016FY, 2017Feb, 2018

Paying Users

6.50 m8.80 m11 m


$113.54 $110.54 $111.91

Registered Users

500 m500 m

Paying Business Customers

150 k200 k300 k
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Dropbox Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Dropbox Germany GmbH
Dropbox Sweden AB
Dropbox UK Online Ltd. Zweigniederlassung Hamburg
Dropbox Holding, LLC
Dropbox Singapore Pte. Ltd.
CloudOn, Ltd.
Dropbox UK Online Ltd.
Dropbox Netherlands B.V.
Dropbox Bermuda
Orcinus Holdings, LLC
Carol Acquisition Corp
Dropbox Mexico S. de R.L. de C.V
Dropbox France S.A.S
Dropbox International Unlimited Company
Dropbox Australia Pty Ltd.
Dropbox Japan kk
Verst (34)November 30, 2017
Clementine July 22, 2015
Umano May 13, 2015
Pixelapse January 26, 2015
CloudOn January 21, 2015$100 m
Predictive Edge July 01, 2014
Parastructure June 16, 2014
MobileSpan June 10, 2014
Droptalk June 05, 2014
Bubbli May 21, 2014
HackPad April 17, 2014
Loom April 17, 2014
Readmill March 28, 2014
Zulip March 17, 2014
PiCloud November 17, 2013
Sold November 05, 2013
Foundry Hiring September 30, 2013
Endorse July 20, 2013
TapEngage July 17, 2013
Mailbox March 15, 2013
Snapjoy December 19, 2012
Audiogalaxy December 12, 2012
Anchovi Labs September 28, 2012
Cove February 27, 2012
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Dropbox News and Updates

Dropbox boosts its price range for its IPO as it nears an $8B valuation

Dropbox said it would be increasing its IPO price range – the range which it will sell its shares for its initial public offering — from $16-$18 per share to $18-$20 per share and giving the company a valuation that could reach close to $8 billion, according to an updated filing with the Securities …

Dropbox raises IPO price range by $2, suggests a public market value of $7.85 billion

(Reuters) – Dropbox has raised the price range for its initial public offering by $2 following strong demand for the first big tech IPO this year. The cloud storage company now expects the offering to be priced between $18 and $20 per share, up from its previous range of $16 to $18. The new price [……

Dropbox raises IPO price range by $2 on strong demand

(Reuters) - Dropbox Inc [DBX.O] has raised the price range for its initial public offering by $2 following strong demand for the first big tech IPO this year.

Dropbox raises IPO price range

(Reuters) - Dropbox Inc said on Wednesday it had raised the indicated price range for it initial public offering of 36 million shares.

Dropbox’s IPO is oversubscribed

(Reuters) — Cloud storage company Dropbox’s initial public offering was oversubscribed, two people familiar with the matter said on Monday, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the week on sour note. While investor appetite looked encouraging with…

Dropbox and BBC announce partnership

BBC moves its data and teams to Dropbox's cloud collaboration platform.
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