Dropbox reported Q4 FY2025 revenue of USD 636.2 million (-1.1%) and total ARR of USD 2.53 billion (-1.9%). Paying users were 18.08 million and average revenue per paying user was USD 139.68. GAAP net income was USD 108.7 million and GAAP diluted EPS was USD 0.43; non-GAAP net income was USD 173.9 million. Net cash provided by operating activities was USD 235.4 million and unlevered free cash flow was USD 250.5 million. Cash, cash equivalents and short-term investments ended the quarter at USD 1.04 billion, and Dropbox repurchased about 14.4 million shares for USD 414.6 million. For FY2025, Dropbox posted revenue of USD 2.52 billion (-1.1%), GAAP net income of USD 508.4 million, and net cash provided by operating activities of USD 951.8 million, with unlevered free cash flow of USD 1.02 billion. The company repurchased about 60.4 million shares for USD 1.7 billion during FY2025. CEO Drew Houston said Dropbox is “strengthening” its core FSS foundation while accelerating Dash as a standalone product and embedded across the core Dropbox experience, and expects to focus in 2026 on driving engagement and adoption of Dash and investing in future growth. Dropbox also said it significantly reduced investment in FormSwift at the start of 2025 and plans to wind down its operations by the end of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dropbox Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260219141837) on February 19, 2026, and is solely responsible for the information contained therein.
Comments