Dropbox
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 1.9b | 2.2b | 2.3b | 2.5b | 2.5b | 2.6b | 2.7b |
| % growth | 15 % | 13 % | 8 % | 8 % | 2 % | 2 % | 3 % |
| EBITDA | 679m | 488m | 689m | 398m | 1.0b | 1.1b | 1.1b |
| % EBITDA margin | 35 % | 23 % | 30 % | 16 % | 40 % | 41 % | 40 % |
| Profit | (256m) | 336m | 553m | 454m | 413m | 415m | 457m |
| % profit margin | (13 %) | 16 % | 24 % | 18 % | 16 % | 16 % | 17 % |
| EV / revenue | 4.8x | 4.2x | 3.4x | 4.1x | 3.2x | 3.0x | 2.7x |
| EV / EBITDA | 13.5x | 18.6x | 11.5x | 25.6x | 8.0x | 7.3x | 6.8x |
| R&D budget | 728m | 756m | 892m | 937m | - | - | - |
| R&D % of revenue | 38 % | 35 % | 38 % | 37 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$6.0m | Series A | ||
| N/A | N/A | - | |
$250m | Series B | ||
N/A | - | ||
$350m Valuation: $10.0b | Series C | ||
N/A | Secondary | ||
N/A | Secondary | ||
$600m | Debt | ||
* | N/A | $756m Valuation: $9.2b 8.3x EV/LTM Revenues 135.1x EV/LTM EBITDA | IPO |
$800m Valuation: $11.0b 5.7x EV/LTM Revenues 16.2x EV/LTM EBITDA | Post IPO Equity | ||
| Total Funding | €552m | ||
Recent News about Dropbox
EditDropbox, Inc. is a technology company that provides cloud storage and file synchronization services. It operates in the cloud computing market, serving a diverse range of clients including individuals, small businesses, and large enterprises. The company offers a platform where users can store, share, and collaborate on files and documents from anywhere in the world. This makes it particularly valuable for remote work and distributed teams.
Dropbox's business model is primarily subscription-based. It offers a variety of plans tailored to different user needs, from free basic accounts with limited storage to premium plans with extensive storage and advanced features. These premium plans are the main source of revenue for the company. Additionally, Dropbox offers specialized services like DocSend, which provides secure document sharing and tracking, and HelloSign, which facilitates electronic signatures.
The company operates in a highly competitive market, facing competition from other tech giants like Google Drive, Microsoft OneDrive, and Apple iCloud. However, Dropbox differentiates itself through its user-friendly interface, robust security features, and a strong focus on collaboration tools.
Dropbox has also been successful in forming strategic partnerships and acquiring complementary businesses to enhance its service offerings. For example, its acquisition of DocSend has enabled it to offer more comprehensive document management solutions, which are particularly useful for venture capital firms and other businesses that require secure document sharing.
In summary, Dropbox is a leading player in the cloud storage and file synchronization market, offering a range of services that cater to both individual and business needs. Its revenue model is primarily subscription-based, and it continues to innovate and expand its offerings to stay competitive.
Keywords: Cloud Storage, File Synchronization, Remote Work, Collaboration Tools, Subscription-Based, Secure Document Sharing, Electronic Signatures, User-Friendly, Strategic Partnerships, Competitive Market.
Tech stack
