Dropbox Past Earnings Performance
Past criteria checks 1/6
Dropbox has been growing earnings at an average annual rate of 62.3%, while the Software industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 11.2% per year.
Key information
62.3%
Earnings growth rate
64.3%
EPS growth rate
| Software Industry Growth | 12.9% |
| Revenue growth rate | 11.2% |
| Return on equity | n/a |
| Net Margin | 18.1% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Dropbox makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,502 | 454 | 703 | 937 |
| 30 Sep 23 | 2,465 | 555 | 683 | 953 |
| 30 Jun 23 | 2,423 | 524 | 670 | 937 |
| 31 Mar 23 | 2,374 | 543 | 657 | 916 |
| 31 Dec 22 | 2,325 | 553 | 631 | 892 |
| 30 Sep 22 | 2,292 | 350 | 634 | 855 |
| 30 Jun 22 | 2,251 | 342 | 647 | 815 |
| 31 Mar 22 | 2,209 | 368 | 640 | 786 |
| 31 Dec 21 | 2,158 | 336 | 651 | 756 |
| 30 Sep 21 | 2,097 | -135 | 657 | 731 |
| 30 Jun 21 | 2,034 | -177 | 655 | 727 |
| 31 Mar 21 | 1,971 | -248 | 667 | 727 |
| 31 Dec 20 | 1,914 | -256 | 651 | 728 |
| 30 Sep 20 | 1,856 | 83 | 651 | 728 |
| 30 Jun 20 | 1,797 | 33 | 650 | 717 |
| 31 Mar 20 | 1,731 | -6 | 654 | 694 |
| 31 Dec 19 | 1,661 | -53 | 669 | 662 |
| 30 Sep 19 | 1,591 | -56 | 654 | 622 |
| 30 Jun 19 | 1,523 | -44 | 630 | 582 |
| 31 Mar 19 | 1,461 | -27 | 597 | 540 |
| 31 Dec 18 | 1,392 | -485 | 723 | 768 |
| 30 Sep 18 | 1,321 | -513 | 713 | 735 |
| 30 Jun 18 | 1,248 | -521 | 682 | 699 |
| 31 Mar 18 | 1,175 | -544 | 656 | 670 |
| 31 Dec 17 | 1,107 | -112 | 471 | 380 |
| 30 Sep 17 | 1,039 | -103 | 419 | 350 |
| 30 Jun 17 | 974 | -132 | 393 | 328 |
| 31 Mar 17 | 900 | -174 | 369 | 309 |
| 31 Dec 16 | 845 | -210 | 358 | 290 |
| 31 Dec 15 | 604 | -326 | 301 | 202 |
Quality Earnings: DBX * has a large one-off gain of $155.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: DBX *'s current net profit margins (18.1%) are lower than last year (23.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DBX * has become profitable over the past 5 years, growing earnings by 62.3% per year.
Accelerating Growth: DBX *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DBX * had negative earnings growth (-18%) over the past year, making it difficult to compare to the Software industry average (15.4%).
Return on Equity
High ROE: DBX *'s liabilities exceed its assets, so it is difficult to calculate its Return on Equity.