Quarterly ResultAug 6, 2026, 04:21 PM
Dropbox Q2 Revenue $631.5M; Non-GAAP EPS $0.75
AI Summary
Dropbox, Inc. announced its second quarter 2026 financial results, reporting total revenue of $631.5 million, a 0.9% increase year-over-year, and non-GAAP diluted earnings per share of $0.75. The company achieved $283.5 million in unlevered free cash flow and added 96,000 paying users, bringing the total to 18.19 million. CEO Ashraf Alkarmi highlighted the continued growth in the core business and strong non-GAAP operating margin performance.
Key Highlights
- Total revenue was $631.5 million, a 0.9% increase year-over-year.
- Non-GAAP diluted EPS rose to $0.75, up from $0.71 in Q2 2025.
- Unlevered free cash flow increased to $283.5 million from $276.4 million.
- Added 96,000 paying users, reaching a total of 18.19 million.
- Non-GAAP operating margin was 39.7%, exceeding guidance.
- Total Annual Recurring Revenue (ARR) grew 1.0% to $2.566 billion.
- GAAP net income was $95.8 million, down from $125.6 million in Q2 2025.
Price Impact
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