Dropbox, Inc.
DBXFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,548
Cost of Revenue
445
Gross Profit
2,103
Gross Margin
82.5%
Operating Income
486
Operating Margin
19.1%
Net Income
452
Net Margin
17.7%
EPS (Basic)
$1.42
EPS (Diluted)
$1.40
EBITDA
624
EBITDA Margin
24.5%
2023
12/31/2023
Revenue
2,502
Cost of Revenue
479
Gross Profit
2,023
Gross Margin
80.9%
Operating Income
539
Operating Margin
21.5%
Net Income
454
Net Margin
18.1%
EPS (Basic)
$1.33
EPS (Diluted)
$1.31
EBITDA
554
EBITDA Margin
22.1%
2022
12/31/2022
Revenue
2,325
Cost of Revenue
444
Gross Profit
1,881
Gross Margin
80.9%
Operating Income
181
Operating Margin
7.8%
Net Income
553
Net Margin
23.8%
EPS (Basic)
$1.53
EPS (Diluted)
$1.52
EBITDA
514
EBITDA Margin
22.1%
2021
12/31/2021
Revenue
2,158
Cost of Revenue
444
Gross Profit
1,714
Gross Margin
79.4%
Operating Income
274
Operating Margin
12.7%
Net Income
336
Net Margin
15.6%
EPS (Basic)
$0.87
EPS (Diluted)
$0.85
EBITDA
457
EBITDA Margin
21.2%
2020
12/31/2020
Revenue
1,914
Cost of Revenue
415
Gross Profit
1,499
Gross Margin
78.3%
Operating Income
-277
Operating Margin
-14.5%
Net Income
-256
Net Margin
-13.4%
EPS (Basic)
$-0.62
EPS (Diluted)
$-0.62
EBITDA
281
EBITDA Margin
14.7%