Dropbox Past Earnings Performance
Past criteria checks 2/6
Dropbox has been growing earnings at an average annual rate of 47.7%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 8.4% per year.
Key information
47.7%
Earnings growth rate
49.8%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 8.4% |
| Return on equity | n/a |
| Net Margin | 17.7% |
| Next Earnings Update | 08 May 2025 |
Recent past performance updates
Recent updates
Dropbox: Losing Customers, Market Share, And Revenue
Mar 21Dropbox: I Expect Further Downside
Feb 26Dropbox, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 22
Dropbox: Low Growth, Fair Valuation And Competition Risks
Feb 18Dropbox: Terminal Value Component Remains An Enduring Question Mark
Jan 29Pinning Down Dropbox, Inc.'s (NASDAQ:DBX) P/E Is Difficult Right Now
Jan 28Investors Should Be Encouraged By Dropbox's (NASDAQ:DBX) Returns On Capital
Jan 01Dropbox: Redundant With No Credible Pivots
Dec 27Dropbox (NASDAQ:DBX) Ticks All The Boxes When It Comes To Earnings Growth
Dec 06Dropbox: This Situation Is A Falling Knife
Nov 12Dropbox: Business Has A Poor Competitive Position
Oct 03Why The 31% Return On Capital At Dropbox (NASDAQ:DBX) Should Have Your Attention
Sep 30Dropbox: A Buyout Might Save This From The Stall Warning (Technical Analysis)
Sep 02
Expanding Into AI With Dash Could Spur Growth Amidst Team Segment Struggles And Margin Pressures
Aug 27 Enhanced features like AI-enabled Dash and FSS encryption aim to boost revenue by attracting new users and retaining existing ones.Insufficient Growth At Dropbox, Inc. (NASDAQ:DBX) Hampers Share Price
Aug 26After Earnings Beat, Dropbox Growth Is Worth Keeping An Eye On
Aug 12Investors Shouldn't Overlook Dropbox's (NASDAQ:DBX) Impressive Returns On Capital
Jun 16Dropbox: The Growth Engine Has Sputtered (Rating Downgrade)
Jun 06Dropbox, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 11Most Shareholders Will Probably Agree With Dropbox, Inc.'s (NASDAQ:DBX) CEO Compensation
May 10Dropbox: Attractive Forward Returns With Upside
May 07Dropbox: Revenue Growth May Come Under Pressure (Rating Downgrade)
Apr 02Dropbox: Time To Take Caution (Rating Downgrade)
Feb 19Dropbox Is Cheap Given Its $1 Billion In FCF, Growing Margins And New Products On The Horizon
Jan 24Revenue & Expenses Breakdown
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 24 | 2,548 | 452 | 687 | 885 |
| 30 Sep 24 | 2,540 | 577 | 699 | 922 |
| 30 Jun 24 | 2,534 | 584 | 691 | 912 |
| 31 Mar 24 | 2,522 | 517 | 691 | 920 |
| 31 Dec 23 | 2,502 | 454 | 695 | 909 |
| 30 Sep 23 | 2,465 | 555 | 675 | 925 |
| 30 Jun 23 | 2,423 | 524 | 670 | 937 |
| 31 Mar 23 | 2,374 | 543 | 657 | 916 |
| 31 Dec 22 | 2,325 | 553 | 632 | 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 high quality earnings.
Growing Profit Margin: DBX's current net profit margins (17.7%) are lower than last year (18.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DBX has become profitable over the past 5 years, growing earnings by 47.7% 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 (-0.3%) over the past year, making it difficult to compare to the Software industry average (25.4%).
Return on Equity
High ROE: DBX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/22 11:26 |
| End of Day Share Price | 2025/04/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Dropbox, Inc. is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Edward Magi | Berenberg |
| Michael Funk | BofA Global Research |