Dropbox, Inc. logo

Dropbox is the simple, powerful file storage service that provides a solution for users and businesses to collaborate, access and share files from any device at any time.

https://www.dropbox.com/
MIN. INVESTMENT

$20,600 US

MARKET

Cloud Hosting/Storage

INVESTED TO DATE

$1.1B

VALUATION

$10.38B

Dropbox, Inc. - Financials

Financials and Business Metrics

 

Dropbox's Strong Financials Mark a Clear Path to Profitability

  • Company announced in June 2016 that it had become cash-flow positive, a major milestone for a fast-growing tech company 1
  •  The company became cash-flow positive through greater cost discipline and revenue growth, said the company’s Vice President of Product and Design Todd Jackson in June 2016 at the Bloomberg Technology Conference 2
  • Revenues are reported to be up from $400M in 2014 to more than $750M in 2015 3,4

Sources: 

1. http://www.businessinsider.com/dropbox-is-free-cash-flow-positive-2016-6

2. http://www.profitconfidential.com/ipo/three-best-tech-ipos-2017-love-loathe/

3. https://www.technologyreview.com/s/603204/dropbox-could-have-one-of-2017s-most-interesting-ipos/

4. https://www.owler.com/iaApp/101638/dropbox-company-profile?onBoardingComplete=true