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.
TypePublic
HQSan Francisco, US
Founded2007
Size (employees)1,858 (est)+24%
Websitedropbox.com
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 and CEO, Co-Founder and CEO
Arash Ferdowsi

Arash Ferdowsi

Co-Founder, 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, Mountain View, Austin, Seattle and in 8 other locations
San Francisco, US (HQ)
333 Brannan Street
Austin, US
501 Congress Ave
Mountain View, US
200 W Evelyn Ave
New York, US
9th Street
San Francisco, US
333 Brannan
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 (Q3, 2018)

360.3m

Gross profit (Q3, 2018)

270.1m

Gross profit margin (Q3, 2018), %

75%

Net income (Q3, 2018)

(5.8m)

EBIT (Q3, 2018)

(8.9m)

Market capitalization (17-Jan-2019)

9.2b

Closing stock price (17-Jan-2019)

22.6

Cash (30-Sep-2018)

536.2m

EV

8.8b
Dropbox's current market capitalization is $9.2 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, 2018

Revenue

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

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/EBIT

-990.4 x

EV/CFO

29.2 x

EV/FCF

32.2 x

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, 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 k
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Dropbox Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
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
BubbliMay 21, 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

Human Capital Metrics

Dropbox's employees are reported to be approximately 36% female and 64% male.
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Dropbox Online and Social Media Presence

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Dropbox News and Updates

Virtual Personal Assistant Market is Anticipated to Grow at a CAGR of +20% by 2019-2025 | Top Manufacturers are Box, Cititx Systems, Dropbox, Microsoft, Syncplicity By Axway, Google, IBM, EMC, Egnyte, VMware, Acronis, OpenText, Blackberry, Skysync

Summary:Virtual Personal Assistant generally referred to as VA, also known as virtual office helpers are typically self-employed and provide professional management, technical or creative (social) support to customers remotely from the main office. Report extremely exhibit on present market analysis…

Increasing demand on Cloud Business Software Market Global Value, Status and Outlook by New Techniques, Latest Developments, Market Trends and Forecast 2022 - QuickBooks, Microsoft, SAP, Google, Dropbox, Carbonite, FreshBooks, Apptivo, Quicken.

“Global Cloud Business Software Market” covers an analytical view with complete information of Cloud Business Software. It also covers types, enterprises, and applications. To start with, the Cloud Business Software definition, classification and industry value chain included in this report. It offe…

Dropbox, Airbnb, Dollar Shave Club & Mint All Used this one Tool to Attract their first thousands of End Users. Now you can too.

Explainer videos are short online animations that quickly share your venture's value proposition with potential stakeholders and users.

Personal Cloud 2018 Global Market Key Players – Apple, Microsoft, Google, Amazon Web Services, Seagate, Dropbox, Egnyte, Buffalo Technology – Analysis and Forecast to 2023

WiseGuyRerports.com Presents “Global Personal Cloud Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Drew Houston and Paul Graham on how Dropbox was created on a Chinatown bus and how determination is key to starting a business

At IGNITION 2018, Dropbox CEO Drew Houston and Y Combinator cofounder Paul Graham talked about how the two met, coming up with the idea for Dropbox on a Chinatown bus, and the issue with "zombie startups."Join the conversation about this story »

Business Cloud Storage Consumption Market: Past, Present and Future Scenario by top key players Zoolz, OpenDrive, JustCloud, MozyPro, Egnyte, CrashPlan, Dropbox, Carbonite, Hightail, Box

Cloud storage is a service model in which data is maintained, managed, backed up remotely and made available to users over a network Posted via Industry Today. Follow us on Twitter @IndustryToday
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Dropbox Company Life and Culture

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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 1,858 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 $595.7 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 Street, San Francisco.

  • Where are Dropbox offices?

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

  • How many offices does Dropbox have?

    Dropbox has 13 offices.