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, CA, US
Websitedropbox.com
Employee Ratings4.1
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)2,801(+21%)
Job Openings2
Revenue (FY, 2019)$1.7 B(+20%)
Share Price (Jan 2021)$22.1 (-2%)
Cybersecurity ratingCMore

Key People/Management at Dropbox

Drew Houston

Drew Houston

Co-Founder and CEO, Director
Melanie Collins

Melanie Collins

Chief People Officer
Bharat Mediratta

Bharat Mediratta

Chief Technology Officer
Olivia Nottebohm

Olivia Nottebohm

Chief Operating Officer
Tim Regan

Tim Regan

Chief Financial Officer
Bart Volkmer

Bart Volkmer

Chief Legal Officer
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Dropbox Office Locations

Dropbox has offices in San Francisco, Austin, Mountain View, New York and in 8 other locations
San Francisco, CA, US (HQ)
1800 Owens St, San Francisco
Austin, TX, US
501 Congress Ave
Mountain View, CA, US
Castro Station, 200 W Evelyn Ave
New York, NY, US
50 W 23rd St
Seattle, WA, US
701 5th Ave
Sydney, AU
5 Martin Pl
Show all (12)

Dropbox Financials and Metrics

Dropbox Revenue

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Dropbox's revenue was reported to be $1.66 b in FY, 2019 which is a 19.4% increase from the previous period.
USD

Revenue (Q2, 2020)

467.4m

Gross profit (Q2, 2020)

364.9m

Gross profit margin (Q2, 2020), %

78.1%

Net income (Q2, 2020)

17.5m

EBIT (Q2, 2020)

12.8m

Market capitalization (15-Jan-2021)

9.1b

Closing stock price (15-Jan-2021)

22.1

Cash (30-Jun-2020)

334.1m

EV

9.9b
Dropbox's current market capitalization is $9.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

1.1b1.4b1.7b

Revenue growth, %

31%26%19%

Cost of goods sold

368.9m394.7m411.0m

Gross profit

737.9m997.0m1.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

316.3m339.2m360.3m385.6m401.5m428.2m455.0m467.4m

Cost of goods sold

120.6m89.5m90.2m98.4m102.9m104.8m103.1m102.5m

Gross profit

195.7m249.7m270.1m287.2m298.6m323.4m351.9m364.9m

Gross profit Margin, %

62%74%75%74%74%76%77%78%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

430.0m519.3m551.3m

Accounts Receivable

29.3m28.6m36.7m

Prepaid Expenses

58.8m92.3m47.5m

Current Assets

518.1m1.2b1.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

665.3m504.1m536.2m359.2m343.6m443.2m486.4m334.1m

Accounts Receivable

26.2m31.2m28.6m34.1m37.6m38.4m36.9m45.6m

Prepaid Expenses

57.7m86.8m96.0m58.3m57.3m64.3m57.5m59.1m

Current Assets

929.9m1.1b1.2b1.0b1.0b1.1b1.2b1.2b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(111.7m)(484.9m)(52.7m)

Depreciation and Amortization

181.8m166.8m173.5m

Accounts Payable

16.2m(1.7m)6.4m

Cash From Operating Activities

330.3m425.4m528.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(465.5m)(469.6m)(475.4m)(7.7m)(29.1m)(46.1m)39.3m56.8m

Depreciation and Amortization

35.9m75.9m121.6m45.8m91.9m132.5m39.5m79.6m

Accounts Payable

(2.8m)(8.5m)(3.9m)(5.2m)(1.8m)(2.4m)(7.8m)(12.8m)

Cash From Operating Activities

61.8m173.7m301.7m63.2m192.0m341.7m53.3m199.2m
USDFY, 2017

Revenue/Employee

595.7k

Debt/Equity

1.7 x

Debt/Assets

0.2 x

Financial Leverage

9.9 x
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Dropbox Operating Metrics

Dropbox's Registered Users was reported to be 600 m in Q2, 2020.
Nov, 2015FY, 2015Mar, 2016Jul, 2016FY, 2016Q1, 2017FY, 2017Feb, 2018Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Jun, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Registered Users

500 m500 m500 m500 m500 m500 m500 m500 m600 m600 m600 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 m14.30 m14.60 m15 m

Paying Business Customers

150 k150 k200 k300 k400 k450 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 $117.64 $126.30 $126.88
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Dropbox Acquisitions / Subsidiaries

Company NameDateDeal Size
HelloSignJanuary 29, 2019$230 m
VerstNovember 30, 2017
SparksMay 01, 2016
ClementineJuly 22, 2015
UmanoMay 13, 2015
PixelapseJanuary 26, 2015
CloudOnJanuary 21, 2015$100 m
Predictive EdgeJuly 01, 2014
ParastructureJune 16, 2014
MobileSpanJune 10, 2014
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Dropbox Revenue Breakdown

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Dropbox revenue breakdown by geographic segment: 48.6% from International and 51.4% from United States

Show all human capital metrics

Dropbox Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Dropbox Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Dropbox Online and Social Media Presence

Embed Graph

Dropbox Company Culture

  • Overall Culture

    C+

    71/100

  • CEO Rating

    B-

    72/100

  • Compensation

    A-

    81/100

  • Diversity

    C

    68/100

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Dropbox News and Updates

Dropbox lays off 11% of its workforce as COO departs

Dropbox Inc. is laying off about 11% of its workforce, or 315 employees, in a move that Chief Executive Drew Houston described as “painful, but necessary.” Houston (pictured) notified employees about the cuts in an internal memo that was published today as part of a regulatory filing. In the same f…

Dropbox stock drops after plan to cut 11% of the workforce

Shares of Dropbox Inc. sank 4.1% in morning trading Wednesday, after the collaboration platform company said it will cut 315 jobs, or about 11% of its global workforce. The company said the cuts comes as its Virtual First policy requires fewer resources to support an in-office environment, and will…

Dropbox to cut 11% of its global workforce

The move will affect 315 people, who will be notified by the end of the business day.

Your next job interview will look radically different according to hiring executives at Twitter, Dropbox, and Zoom

Summary List PlacementRemote working is here to stay, and with it, remote hiring.  We spoke to chief executives and heads of people of Twitter, Dropbox, Zoom, Skillshare, Trivago, and Semtech Corporation about their expectations for the future of hiring. The COVID-19 pandemic has forced companies …

We spoke to top companies who hired remotely through the pandemic. Here's what Twitter, Dropbox and Zoom revealed about their new successful recruiting strategies

Summary List PlacementRemote working has become the norm thanks to the COVID-19 pandemic, and has forced companies to review their hiring practices. We spoke to chief executives and heads of people of Twitter, Dropbox, Zoom, Skillshare, and Trivago about how their hiring structure has changed afte…
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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 Bharat Mediratta.

  • How many employees does Dropbox have?

    Dropbox has 2,801 employees.

  • What is Dropbox revenue?

    Latest Dropbox annual revenue is $1.7 b.

  • What is Dropbox revenue per employee?

    Latest Dropbox revenue per employee is $593.1 k.

  • Who are Dropbox competitors?

    Competitors of Dropbox include Egnyte, SpiderOak and pCloud.

  • 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 8 other locations.

  • How many offices does Dropbox have?

    Dropbox has 12 offices.