NASDAQ$DBX
Dropbox Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Dropbox's financial performance remained stable with slight revenue growth and healthy margins.
Dropbox reported a slight increase in revenue, reaching $638.8 million, a 0.9% increase year-over-year. The company maintained strong GAAP and non-GAAP operating margins and generated substantial free cash flow. Paying users and ARPU also saw marginal increases.
- Total revenue increased by 0.9% year-over-year to $638.8 million.
- Total ARR grew by 2.1% year-over-year to $2.579 billion.
- Paying users increased to 18.24 million, with ARPU rising to $139.05.
- Free cash flow increased to $270.1 million.
Headline financials
Revenue & EPS history
Dropbox · Revenue · Quarterly
$639M
Forward guidance
Dropbox will provide forward-looking guidance in connection with this quarterly earnings announcement on its conference call, webcast, and on its investor relations website
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-1.1%
Avg return
Earnings day
-2.7%
Avg return
5 days after
-2.4%
Avg return
30 days after
38%
12 / 32 earnings
Positive
+22.5%
Q4 2019
Best reaction
-22.6%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +15.2% | +4.5% | +9.7% | |
| Q4 2025 | +2.7% | -1.2% | +1.2% | |
| Q3 2025 | +7.6% | +7.6% | +2.3% | |
| Q1 2025 | -0.7% | -0.3% | -0.7% | |
| Q4 2024 | -16.2% | -16.6% | -16.9% | |
| Q3 2024 | -3.1% | +0.1% | +4.2% | |
| Q2 2024 | +3.5% | +3.7% | +6.5% | |
| Q1 2024 | -0.8% | +3.0% | -8.1% | |
| Q4 2023 | -22.6% | -25.2% | -26.5% | |
| Q3 2023 | -0.6% | -1.0% | +10.0% | |
| Q2 2023 | +6.3% | +7.5% | +7.7% | |
| Q1 2023 | +7.2% | +6.6% | +19.1% | |
| Q4 2022 | -12.2% | -11.9% | -17.2% | |
| Q3 2022 | +3.5% | +4.4% | +12.8% | |
| Q2 2022 | -0.8% | +1.4% | -10.8% | |
| Q1 2022 | -5.6% | -7.8% | +1.9% | |
| Q4 2021 | -7.6% | -13.3% | -7.5% | |
| Q3 2021 | -9.5% | -7.1% | -22.0% | |
| Q2 2021 | +2.5% | +3.0% | +3.1% | |
| Q1 2021 | -0.6% | +2.8% | +14.6% | |
| Q4 2020 | -2.7% | -3.8% | +11.5% | |
| Q3 2020 | +3.2% | -0.4% | +9.7% | |
| Q2 2020 | -10.9% | -15.3% | -14.9% | |
| Q1 2020 | +7.5% | +8.8% | +8.0% | |
| Q4 2019 | +22.5% | +12.7% | -4.0% | |
| Q3 2019 | -3.7% | -8.0% | -11.1% | |
| Q2 2019 | -9.9% | -11.5% | -8.6% | |
| Q1 2019 | -0.7% | -6.3% | -2.7% | |
| Q4 2018 | -8.0% | -4.5% | -14.8% | |
| Q3 2018 | +2.2% | -5.4% | -14.0% | |
| Q2 2018 | -1.6% | -8.2% | -15.2% | |
| Q1 2018 | -0.4% | -5.9% | -4.6% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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