Dropbox
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Dropbox's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $2,501,600,000. Profit margin reached 18%. Total operating expenses were $1,639,600,000.
Profit Margin
| 2015 | 603.8M | -325.9M | -53.97% |
|---|---|---|---|
| 2016 | 844.8M | -210.2M | -24.88% |
| 2017 | 1.10B | -111.7M | -10.09% |
| 2018 | 1.39B | -484.9M | -34.84% |
| 2019 | 1.66B | -52.7M | -3.17% |
| 2020 | 1.91B | -256.3M | -13.39% |
| 2021 | 2.15B | 335.8M | 15.56% |
| 2022 | 2.32B | 553.2M | 23.79% |
| 2023 | 2.50B | 453.6M | 18.13% |
DBX Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 2.50B | 2.32B | 2.15B | 1.91B | 1.66B | 1.39B | 1.10B | 844.8M | 603.8M |
Cost of revenue | 478.5M | 444.2M | 444.2M | 414.6M | 411M | 394.7M | 368.9M | 390.6M | 407.4M |
Gross profit | 2.02B | 1.88B | 1.71B | 1.49B | 1.25B | 997M | 737.9M | 454.2M | 196.4M |
Operating exp. | |||||||||
Research and development | 936.5M | 891.9M | 755.9M | 727.5M | 662.1M | 768.2M | 380.3M | 289.7M | 201.6M |
Selling and marketing | 466M | 409.4M | 427.5M | 422.8M | 423.3M | 439.6M | 314M | 250.6M | 193.1M |
Total operating expenses | 1.63B | 1.52B | 1.40B | 1.37B | 1.33B | 1.49B | 851.6M | 647.7M | 502.6M |
Operating income | 383.5M | 531.7M | 274.4M | 519.4M | -80.5M | -494M | -113.7M | -193.5M | -306.2M |
Other income (expenses), net | 170.9M | -339M | 24.9M | -371.4M | 28.5M | 6.8M | 2.2M | 4.9M | -19.4M |
Income before tax | 554.4M | 192.7M | 299.3M | -250.2M | -52M | -480.1M | -111.5M | -205M | -325.6M |
Income tax expense | 100.8M | -360.5M | -36.5M | 6.1M | 700K | 4.8M | 200K | 5.2M | 300K |
Net income | 453.6M | 553.2M | 335.8M | -256.3M | -52.7M | -484.9M | -111.7M | -210.2M | -325.9M |
Earnings per share | |||||||||
Basic EPS | 1.33 | 1.53 | 0.87 | -0.62 | -0.13 | -1.35 | -0.28 | -0.59 | -0.91 |
Diluted EPS | 1.31 | 1.24 | 0.85 | -0.62 | -0.13 | -1.35 | -0.28 | -0.59 | -0.91 |
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