DROPBOX, INC.
DBX · XNASCIK 1467623fmd_07V1468MPKH9RHPZE61YSZCE7EServices · Services-Prepackaged SoftwareTemplate: Standard
Coverage: Jan 01, 2016 to Sep 30, 2026, 40 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 845 | 1,107 | 1,392 | 1,661 | 1,914 | 2,158 | 2,325 | 2,502 | 2,548 | 2,521 |
| Cost of revenue | 391 | 369 | 395 | 411 | 415 | 444 | 444 | 479 | 445 | 501 |
| Gross profit | 454 | 738 | 997 | 1,250 | 1,499 | 1,714 | 1,881 | 2,023 | 2,103 | 2,020 |
| Research and development | 290 | 380 | 768 | 662 | 728 | 756 | 892 | 937 | 915 | 732 |
| Selling, general and administrative | 358 | 471 | 723 | 669 | 651 | 652 | 632 | 703 | 702 | 600 |
| Total operating expenses | 648 | 852 | 1,491 | 1,331 | 1,776 | 1,439 | 1,699 | 1,484 | 1,617 | 1,331 |
| Impairment of real estate | – | – | – | – | – | 18 | 175 | (155) | 0 | (1) |
| Operating income | (194) | (114) | (494) | (81) | (277) | 274 | 181 | 539 | 486 | 689 |
| Other non-operating income (expense) | 5 | 13 | 7 | 16 | 25 | 30 | 8 | (4) | 10 | 7 |
| Income before taxes | (205) | (112) | (480) | (52) | (250) | 299 | 193 | 554 | 510 | 618 |
| Income tax expense | 5 | 0 | 5 | 1 | 6 | (37) | (361) | 101 | 58 | 109 |
| Net income from continuing operations | (210) | (112) | (485) | (53) | (256) | 336 | 553 | 454 | 452 | 508 |
| Net income | (210) | (112) | (485) | (53) | (256) | 336 | 553 | 454 | 452 | 508 |