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.
Type
Public
HQ
San Francisco, US
Founded
2007
Size (employees)
1,850 (est)
Dropbox was founded in 2007 and is headquartered in San Francisco, US
Report incorrect company information

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
Ajay Vashee

Ajay Vashee

CFO
Bart Volkmer

Bart Volkmer

General Counsel
Show more

Dropbox Office Locations

Dropbox has offices in Seattle, New York, Austin, San Francisco and in 6 other locations
San Francisco, US (HQ)
333 Brannan Street
Austin, US
Congress Ave
New York, US
9th Street
San Francisco, US
333 Brannan
Seattle, US
701 5th Ave
Sydney, AU
345 George St
Show all (11)
Report incorrect company information

Dropbox Financials and Metrics

Dropbox Revenue

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

Revenue (Q1, 2018)

316.3 m

Gross profit (Q1, 2018)

195.7 m

Gross profit margin (Q1, 2018), %

61.9%

Net income (Q1, 2018)

(465.5 m)

EBIT (Q1, 2018)

(465.9 m)

Market capitalization (11-Jul-2018)

12.4 b

Closing share price (11-Jul-2018)

30.9

Cash (31-Mar-2018)

665.3 m

EV

11.9 b
Dropbox's current market capitalization is $12.4 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

603.8 m844.8 m1.1 b

Revenue growth, %

40%31%

Cost of goods sold

407.4 m390.6 m368.9 m

Gross profit

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

Revenue

185 m200.8 m221 m238 m247.9 m266.7 m286.7 m305.5 m316.3 m

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

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
Quarterly
USDQ1, 2018

Cash

665.3 m

Accounts Receivable

26.2 m

Prepaid Expenses

57.7 m

Current Assets

929.9 m
Annual
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
Quarterly
USDQ1, 2018

Net Income

(465.5 m)

Depreciation and Amortization

35.9 m

Accounts Payable

2.8 m

Cash From Operating Activities

61.8 m
USDY, 2018

EV/EBIT

-25.5 x

EV/CFO

192.4 x

EV/FCF

229.2 x

Revenue/Employee

171 k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.8 x
Show all financial metrics

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, 2018Jun, 2018

Paying Users

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

ARPU

$113.54 $110.54 $110.79 $111.91 $114.30

Registered Users

500 m500 m500 m

Paying Business Customers

150 k150 k200 k300 k300 k
Show all operating metrics

Dropbox Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
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
Show more

Dropbox Revenue Breakdown

Embed Graph

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

Human Capital Metrics

Dropbox's employees are reported to be approximately 36% female and 64% male.
Embed Graph
Show all human capital metrics
Report incorrect company information

Dropbox Online and Social Media Presence

Embed Graph
Report incorrect company information

Dropbox News and Updates

How hackers can penetrate any organisation via enterprise file sharing platforms

While useful for sharing files, content collaboration platforms often leave organisations exposed to malicious third parties.

Certify acquires real-time expense management startup and YC alum Abacus

Expense management software provider Certify is beefing up its artillery against rival Concur with the acquisition of Abacus, which enables companies to deal with expenses in real time. The deal’s financial terms were not disclosed. The addition of Abacus will help Certify, which includes other expe…

File Sharing Software Market Is Thriving Worldwide | ShareFile, Dropbox, Google Drive, etc.

HTF MI recently introduced new title on “Global File Sharing Software Market Size, Status and Forecast 2025” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Posted via Industry Today…

23 enterprise VCs that picked the winners before anyone else and are shaping the future of work

From Dropbox's $9 billion valuation at its IPO to Salesforce's $6.8 billion acquisition of MuleSoft, 2018 has been a lucrative year for the movers and shakers in the enterprise tech business. Once considered a less glamorous sideshow to flashy consumer internet companies, enterprise tech startups a…
Show more
Report incorrect company information

Dropbox Company Life and Culture

Report incorrect company information