Dropbox Stock Price, News & Analysis

Dropbox (NASDAQ: DBX) reported third quarter fiscal 2025 results for the period ended September 30, 2025. Total revenue was $634.4 million, down 0.7% year-over-year (constant currency -1.2%). Total ARR was $2.536 billion, down 1.7% year-over-year. Paying users totaled 18.07 million and average revenue per paying user was $139.07.

Profitability and cash flows strengthened: GAAP operating margin 27.5% (vs 20.0% prior year), non-GAAP operating margin 41.1%, GAAP net income $123.8 million, non-GAAP net income $196.7 million, net cash from operations $302.1 million, free cash flow $293.7 million, and cash/short-term investments $925.3 million. The company noted a datacenter refresh increased depreciation and announced a conference call at 2:00 p.m. PT / 5:00 p.m. ET on Nov 6, 2025.

Dropbox (NASDAQ: DBX) will report third-quarter 2025 financial results for the period ended September 30, 2025 after market close on Thursday, November 6, 2025. The company will host a conference call the same day at 2:00 PM PT / 5:00 PM ET to discuss results with investors. A live webcast and replay will be available on the Dropbox investor relations website at http://investors.dropbox.com.

Dropbox (Nasdaq: DBX) has made two significant financial announcements. First, the company amended its Credit and Guaranty Agreement to secure up to $700 million in additional delayed draw secured term loans, led by Blackstone Credit & Insurance. These funds are specifically earmarked for repaying Dropbox's convertible senior notes due in 2026.

Additionally, Dropbox has authorized a new $1.5 billion share repurchase program for its Class A common stock, demonstrating confidence in its financial position and commitment to returning value to shareholders.

Dropbox (NASDAQ: DBX) reported its Q2 2025 financial results, showing mixed performance with some revenue challenges but improved profitability. Total revenue was $625.7 million, down 1.4% year-over-year, while GAAP net income increased to $125.6 million from $110.5 million last year.

The company demonstrated strong profitability metrics with a GAAP operating margin of 26.9% and non-GAAP operating margin of 41.5%. Free cash flow reached $258.5 million, up from $224.7 million in the previous year. However, paying users decreased to 18.13 million, with average revenue per paying user declining to $138.32.

CEO Drew Houston highlighted stability in Core FSS business and momentum in their AI-powered Dash product, expressing confidence in long-term growth potential across existing and new product lines.

Dropbox (NASDAQ:DBX) has scheduled its Q2 2025 earnings release and conference call for August 7, 2025. The financial results for the quarter ending June 30, 2025, will be released after market close, followed by a conference call at 2:00 PM PT / 5:00 PM ET. Investors can access both the live webcast and replay of the conference call through the company's investor relations website at investors.dropbox.com.

Dropbox (NASDAQ: DBX) reported its Q1 2025 financial results with revenue of $624.7 million, down 1.0% year-over-year. The company's GAAP operating margin improved to 29.4% from 22.7% last year, while non-GAAP operating margin reached 41.7%. Total ARR stood at $2.552 billion, showing a slight decrease of 0.2%. The company maintained its paying user base at 18.16 million, though experiencing a decrease of 60,000 users quarter-over-quarter. GAAP net income increased to $150.3 million from $132.3 million year-over-year. Free cash flow was $153.7 million, down from $166.3 million in the previous year. The company focused on improving Dash user experience and strengthening its core FSS product, introducing new features including advanced video and image search capabilities.

Dropbox (NASDAQ: DBX) has announced a significant update to its Dropbox Dash platform, enhancing its universal search and knowledge management capabilities. The improved version introduces advanced video and image search across connected platforms and new AI-powered content creation tools.

Key features include the ability to search through billions of uploaded videos and images, even identifying information within media files. The platform now offers AI writing tools that can analyze existing content to create summaries, project briefs, and other documents by pulling information from various sources including reports, meeting notes, and Slack conversations.

The update includes deeper integrations with essential apps like Slack, Microsoft Teams, Canva, and Jira. For IT administrators, Dash provides advanced security controls, GDPR compliance, and custom exclusions features for sensitive content. Dropbox has also acquired the team from Promoted.ai to enhance its AI-powered search capabilities.

Dropbox (NASDAQ: DBX) has scheduled its first quarter 2025 earnings announcement for Thursday, May 8, 2025, after market close. The company will discuss its financial results for the quarter ending March 31, 2025, in a conference call with the investment community at 2:00 PM PT / 5:00 PM ET on the same day.

Investors and interested parties can access both the live webcast and replay of the conference call through the company's investor relations website at http://investors.dropbox.com.

Dropbox (DBX) reported Q4 2024 financial results with revenue reaching $643.6 million, up 1.4% year-over-year. The company achieved a GAAP operating margin of 13.7% and Non-GAAP operating margin of 36.9%. For fiscal 2024, total revenue was $2.548 billion, increasing 1.9% year-over-year.

Key metrics include 18.22 million paying users and average revenue per paying user of $140.06. The company generated $213.8 million in operating cash flow and $210.5 million in free cash flow during Q4. Notably, Dropbox announced a new share repurchase program of $1.2 billion and completed approximately 12.5 million shares repurchase for $350.4 million in Q4.

The company secured a $2.0 billion private credit facility, consisting of $1.0 billion in initial term loans maturing in 2029 and $1.0 billion in delayed draw term loan commitments through 2026.