Dropbox Announces Fourth Quarter and Fiscal 2023 Results
Dropbox, Inc. - Class A (DBX)
Company Research
Source: Business Wire
Fourth Quarter Revenue of $635.0 Million, up 6.0% year-over-year; on a constant currency basis, up 6.2% year-over-yearGAAP Operating Margin of 42.1% and Non-GAAP Operating Margin of 32.2%Net Cash Provided by Operating Activities of $200.3 Million and Free Cash Flow of $190.3 MillionFiscal 2023 Revenue of $2.502 Billion, up 7.6% year-over-year; on a constant currency basis, up 9.3% year-over-yearGAAP Operating Margin of 21.5% and Non-GAAP Operating Margin of 32.8%Net Cash Provided by Operating Activities of $783.7 Million and Free Cash Flow of $759.4 Million SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.“I’m encouraged by the progress we made in 2023 despite facing headwinds in Q4,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. “We improved the overall profitability of the core business, while investing in growth initiatives with new AI-powered product
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DBX
Earnings
- 2/15/24 - Beat
DBX
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- DBX's page on the SEC website