FY 2025
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$2.16 B | $2.32 B | $2.50 B | $2.55 B | $2.52 B | $2.53 B |
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Cost of Revenue Direct cost of goods/services. |
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$444.20 M | $444.20 M | $478.50 M | $445.10 M | $500.80 M | $512.10 M |
Gross Profit Revenue minus cost of revenue. |
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$1.71 B | $1.88 B | $2.02 B | $2.10 B | $2.02 B | $2.01 B |
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Operating Expense
Costs to run business. 
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$1.44 B | $1.70 B | $1.48 B | $1.62 B | $1.33 B | $1.34 B |
Operating Income Profit from operations. |
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$274.40 M | $181.30 M | $538.70 M | $486.20 M | $689.10 M | $678.00 M |
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Net Interest Income
Interest income minus expense.
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-$5.20 M | $3.30 M | $19.40 M | $13.90 M | - | -$100.70 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$31.30 M | -$175.20 M | $155.20 M | -$100.00 K | - | -$22.60 M |
Total Other Income (Net) Net non-operating items. |
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$24.90 M | $11.40 M | $15.70 M | $23.60 M | -$71.50 M | -$88.50 M |
Income Before Tax Profit before taxes. |
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$299.30 M | $192.70 M | $554.40 M | $509.80 M | $617.60 M | $589.50 M |
Income Tax Expense Taxes on income. |
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-$36.50 M | -$360.50 M | $100.80 M | $57.50 M | -$109.20 M | $116.90 M |
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Net Income
Final profit.
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$335.80 M | $553.20 M | $453.60 M | $452.30 M | $508.40 M | $472.60 M |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$0.87 | $1.53 | $1.33 | $1.42 | $1.89 | $1.85 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$0.85 | $1.52 | $1.31 | $1.40 | $1.86 | $1.83 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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388.00 M | 361.20 M | 341.20 M | 318.20 M | 268.30 M | 235.20 M |
Diluted Average Shares Outst. Shares including dilution. |
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395.80 M | 363.30 M | 345.60 M | 323.40 M | 272.80 M | 236.70 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$305.70 M | $356.50 M | $383.50 M | $486.30 M | - | $700.60 M |
EBITDA Earnings before interest, tax, D&A. |
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$457.10 M | $513.60 M | $553.50 M | $623.60 M | $689.10 M | $858.80 M |
Depreciation and Amortization Non-cash expense for assets. |
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$151.40 M | $157.10 M | $170.00 M | $137.30 M | - | $158.30 M |
| Company Report |
FY 2025
Dropbox's Balance Sheet
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Dropbox's Cash flow
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Dropbox's Profitability
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Dropbox's Ratios
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