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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Dropbox's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$2.16 B | $2.32 B | $2.50 B | $2.55 B | $2.52 B |
| Cost of Revenue |
|
$444.20 M | $444.20 M | $478.50 M | $445.10 M | $500.80 M |
| Gross Profit |
|
$1.71 B | $1.88 B | $2.02 B | $2.10 B | $2.02 B |
| Research & Development |
|
$755.90 M | $891.90 M | $936.50 M | $914.90 M | $732.00 M |
| Selling,General & Administrative |
|
$652.10 M | $632.30 M | $703.10 M | $701.90 M | $600.40 M |
| Operating Expense |
|
$1.44 B | $1.70 B | $1.48 B | $1.62 B | $1.33 B |
| Operating Income |
|
$274.40 M | $181.30 M | $538.70 M | $486.20 M | $689.10 M |
| Net Income |
|
$335.80 M | $553.20 M | $453.60 M | $452.30 M | $508.40 M |
Dropbox's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$1.72 B | $1.34 B | $1.36 B | $1.59 B | $1.04 B |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$1.85 B | $1.49 B | $1.52 B | $1.74 B | $1.19 B |
| Property,Plant and Equipment |
|
$735.90 M | $569.00 M | $493.00 M | $517.70 M | $649.10 M |
| Goodwill |
|
$356.60 M | $403.30 M | $402.20 M | $442.80 M | $454.90 M |
| Total Assets |
|
$3.09 B | $3.11 B | $2.98 B | $3.33 B | $2.84 B |
| Total Liabilities |
|
$3.39 B | $3.42 B | $3.15 B | $4.08 B | $4.64 B |
| Retained Earnings |
|
-$2.74 B | -$2.77 B | -$2.74 B | -$3.15 B | -$3.82 B |
| Total Shareholder Equity |
|
-$293.90 M | -$309.40 M | -$165.80 M | -$752.40 M | -$1.80 B |
| Common Stock |
|
- | - | - | - | - |
Dropbox's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$151.40 M | $157.10 M | $170.00 M | $137.30 M | $157.40 M |
| Dividends Payout |
|
- | - | - | - | - |
| Capital Expenditures (Capex) |
|
-$28.90 M | -$34.90 M | -$24.60 M | -$22.50 M | -$21.00 M |
| Free Cash Flow (FCF) |
|
$700.90 M | $762.40 M | $759.10 M | $871.60 M | $930.80 M |
Dropbox's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$1.71 B | $1.88 B | $2.02 B | $2.10 B | $2.02 B |
| Gross Profit Margin (%) |
|
79.42% | 80.89% | 80.87% | 82.53% | 80.13% |
| Operating Income |
|
$274.40 M | $181.30 M | $538.70 M | $486.20 M | $689.10 M |
| Operating Income Margin (%) |
|
12.72% | 7.80% | 21.53% | 19.08% | 27.43% |
| Net Income |
|
$335.80 M | $553.20 M | $453.60 M | $452.30 M | $508.40 M |
| Net Income Margin (%) |
|
15.56% | 23.79% | 18.13% | 17.75% | 20.17% |
| EBITDA |
|
$457.10 M | $513.60 M | $553.50 M | $623.60 M | $689.10 M |
| EBITDA Margin (%) |
|
21.18% | 22.09% | 22.13% | 24.47% | 35.30% |
Dropbox's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
-114.26% | -178.80% | -273.58% | -60.11% | - |
| Return on Assets (ROA) |
|
10.86% | 17.79% | 15.20% | 13.60% | - |
| Debt to Equity |
|
-805.95% | -741.63% | -1,224.73% | -398.27% | -219.39% |
| Debt to total asset |
|
76.62% | 73.78% | 68.06% | 90.12% | 135.20% |
| Enterprise value to revenue |
|
5.26 | 4.36 | 4.59 | 4.41 | 0.00 |
| Enterprise value to EBITDA |
|
24.85 | 19.75 | 20.73 | 18.00 | 0.00 |
| Enterprise value |
|
$11.36 B | $10.15 B | $11.47 B | $11.23 B | - |
| Tax Rate (%) |
|
-12.20% | -187.08% | 18.18% | 11.28% | 17.68% |
Frequently Asked Questions
