Dropbox Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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Dropbox, Inc. income statement - Annual data in billions USD
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Revenue & Gross Profit
Revenue2.552.502.322.161.911.661.39
Cost of Revenue0.450.480.440.440.410.410.39
Gross Profit2.102.021.881.711.501.251.00
Operating Expenses
Research & Development0.910.940.890.760.730.660.77
Selling, General & Administrative0.700.700.630.650.650.670.72
Operating Expenses1.621.641.521.441.781.331.49
Operating Income0.490.380.360.27-0.28-0.08-0.49
Other Income/Expense
Interest Income0.040.020.020.010.010.000.00
Interest Expense0.03-0.02-0.01-0.01-0.010.000.00
Other Income/Expense0.020.150.00-0.03-0.03-0.020.01
Income
Income Before Tax0.510.550.190.30-0.25-0.05-0.48
Income Tax Expense0.060.10-0.36-0.040.010.000.00
Net Income0.450.450.550.34-0.26-0.05-0.48
Net Income - Continuous Operations0.450.450.550.340.000.000.00
Net Income - Discontinued Operations0.000.000.000.000.000.000.00
EBITDA0.620.550.510.460.280.13-0.33
EBIT0.520.380.360.310.12-0.04-0.49
Depreciation & Amortization0.140.170.160.140.150.160.00
Earnings Per Share
Basic EPS1.001.002.001.00-1.00--1.00
Diluted EPS1.001.002.001.00-1.00--1.00
Basic Shares Outstanding0.320.340.360.390.410.410.36
Diluted Shares Outstanding0.320.350.450.400.410.410.36