Dropbox Inc. (NASDAQ: DBX)
Software - Infrastructure · San Francisco, CA, United States · Founded 2007
- Market capitalization: $8.0 billion
- Annual revenue: $2.52 billion
- Net income: $0.51 billion
- Employees: 3,000
- Sector: Technology
- Headquarters: San Francisco, United States
- Founded: 2007
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Dropbox is a cloud storage and collaboration platform with over 700 million registered users. They've evolved from simple file syncing into a broader workspace with Dropbox Paper, DocSend, and HelloSign (e-signatures). The company is now focused on AI-powered search and organization through Dropbox Dash.
Freemium subscriptions — free storage up to a limit, paid plans for more space and features. Individual and team plans drive the bulk of revenue. The acquisition of HelloSign added e-signature revenue, and DocSend provides document analytics for sales teams.
Founded in 2007 by Drew Houston and Arash Ferdowsi after Houston kept forgetting his USB drive. Dropbox went public in 2018 at an $8 billion valuation. Growth has slowed significantly as competition from Google Drive, OneDrive, and iCloud intensified. The company has shifted to a "virtual first" remote work model.
| Market Capitalization | $8.0B |
| Annual Revenue | $2.52B |
| Net Income | $0.51B |
| Profit Margin | 20% |
| Revenue per Employee | $840000K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | DBX |
Financial data is approximate and based on most recent annual filings.
Steve Jobs personally tried to acquire Dropbox in 2009, calling it a "feature, not a product." Dropbox was one of the first companies to go fully remote ("Virtual First") in 2020, subleasing most of its office space.
Dropbox is a mature, cash-generative business in a commoditized market. The AI pivot through Dash is interesting but unproven — they need it to work to reignite growth.
What is Dropbox Inc.'s revenue?
Dropbox Inc. generates approximately $2.52 billion in annual revenue.
How many employees does Dropbox Inc. have?
Dropbox Inc. employs approximately 3,000 people worldwide.
What is Dropbox Inc.'s market cap?
Dropbox Inc. (DBX) has a market capitalization of approximately $8.0 billion on the NASDAQ.
When was Dropbox Inc. founded?
Dropbox Inc. was founded in 2007 and is headquartered in San Francisco, CA, United States.
Who is the CEO of Dropbox Inc.?
Drew Houston is the current CEO of Dropbox Inc..
What is Dropbox Inc.'s website?
Dropbox Inc.'s official website is dropbox.com.
| CEO | Drew Houston |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Founded | 2007 |
| HQ | San Francisco, CA |
| Country | United States |
| Website | dropbox.com |
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