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Dropbox's revenue is $2.5 billion.

What is Dropbox's revenue?

Dropbox's annual revenue is $2.5B. Zippia's data science team found the following key financial metrics about Dropbox after extensive research and analysis.
  • Dropbox's revenue growth from 2017 to 2024 is 130.23%.
  • Dropbox has 2,548 employees, and the revenue per employee ratio is $1,000,078.
  • Dropbox's peak quarterly revenue was $643.6M in 2024(q4).
  • Dropbox peak revenue was $2.5B in 2024.
  • Dropbox annual revenue for 2023 was 2.5B, 7.6% growth from 2022.
  • Dropbox annual revenue for 2024 was 2.5B, 1.86% growth from 2023.

On this page

Most recent quarter revenue
$643.6M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$2.5B (2024)
Company peak revenue
Revenue / employee
$1.0M
Company revenue / employee

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Most recent quarter revenue
$643.6M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$2.5B (2024)
Company peak revenue
Revenue / employee
$1.0M
Company revenue / employee

Dropbox historical revenue

Dropbox's peak revenue was $2.5B in 2024. The peak quarterly revenue was $643.6M in 2024(q4).

Dropbox's revenue increased from $1.1b in 2017 to $2.5B currently. That's a 130.23% change in annual revenue.

Dropbox annual revenue

$3B
$2B
$2B
$1B
$510M
$0
2019
2020
2021
2022
2023
2024

Dropbox annual revenue over time

Fiscal year / yearDropbox revenue
2017$1.1B
2018$1.4B
2019$1.7B
2020$1.9B
2021$2.2B
2022$2.3B
2023$2.5B
2024$2.5B

How accurately did Dropbox's revenue projections match actual performance?

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Dropbox annual growth

Dropbox saw the greatest revenue growth in 2018, when revenue increased by 25.74%.

Dropbox had the lowest revenue growth in 2022, when revenue changed by 7.74%.

Dropbox annual growth rate over time

YearDropbox growth
2018
26%
2019
19%
2020
15%
2021
13%
2022
8%
2023
8%
2024
2%

Dropbox quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$644M
$515M
$386M
$257M
$129M
$0
2020
2021
2022
2023
2024

Dropbox quarterly growth rate over time

YearQ1Q2Q3Q4
2017---$305.5M
2018$316.3M$339.2M$360.3M$375.9M
2019$385.6M$401.5M$428.2M$446.0M
2020$455.0M$467.4M$487.4M$504.1M
2021$511.6M$530.6M$550.2M$565.5M
2022$562.4M$572.7M$591.0M$598.8M
2023$611.1M$622.5M$633.0M$635.0M
2024$631.3M$634.5M$638.8M$643.6M

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Dropbox financial information

CEOAndrew W. Houston
IndustrySoftware & Services
Company TypePublic
Employees Number2,548
Date Founded2007
HeadquartersSan Francisco, California
Number of Locations5
Revenue$2.5B
Net Income$553,200,000
Gross Proft$2.1B (2024)
Tax Rate0.1%
Total Assets$3,110,100,000
TickerDBX

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Dropbox financing

Dropbox received early financing of $15.0K on 2007-06-01.

SeriesRound sizeDate
Seed$15K06/2007
Seed$1.2M09/2007
Series A$6M11/2008
Series B$250M10/2011
Series C$350M01/2014
Debt Financing$500M04/2014
Debt Financing$600M03/2017

Dropbox investors

InvestorsSecurity type
Y CombinatorSeed
Adam SmithSeed
Ali PartoviSeed
Signatures CapitalSeed
Hadi PartoviSeed
Sequoia CapitalSeed
Amidzad Partners LLCSeed
Pejman NozadSeed
AccelSeries A
Sequoia CapitalSeries A
The Goldman Sachs Group, Inc.Series B
Ali PartoviSeries B
Institutional Venture Partners (IVP)Series B
Hadi PartoviSeries B
RIT Capital PartnersSeries B
Valiant Capital PartnersSeries B
Sequoia CapitalSeries B
Glynn Capital ManagementSeries B
Index VenturesSeries B
BenchmarkSeries B
Af SquareSeries B
AccelSeries B
SV AngelSeries B
Greylock PartnersSeries B
G SquaredSeries C
Green Bay VenturesSeries C
Slow VenturesSeries C
Innovation DepartmentSeries C
Luigi Ghilardi IISeries C
Salesforce, Inc.Series C
Queensbridge Venture Partners LLCSeries C
T. Rowe Price Group, Inc.Series C
BlackRock, Inc.Series C
Morgan StanleySeries C
JPMorgan Chase & Co.Debt Financing
The Goldman Sachs Group, Inc.Debt Financing
JPMorgan Chase & Co.Debt Financing
Deutsche Bank AGDebt Financing
Macquarie GroupDebt Financing
RBCDebt Financing
Bank of America CorporationDebt Financing

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Zippia gives an in-depth look into the details of Dropbox, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Dropbox. The employee data is based on information from people who have self-reported their past or current employments at Dropbox. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Dropbox. The data presented on this page does not represent the view of Dropbox and its employees or that of Zippia.

Dropbox may also be known as or be related to Dropbox, Dropbox Inc, Dropbox Inc. and Dropbox, Inc.