11/20/2023 0 Comments Dropbox rates![]() ![]() ![]() Net cash provided by operating activities was $141.4 million, as compared to $115.7 million for the same period last year. Non-GAAP net income was $141.5 million, as compared to $141.8 million for the same period last year. GAAP net income was $79.7 million, as compared to $47.6 million for the same period last year. Non-GAAP operating margin was 30.3%, as compared to 29.1% for the same period last year. GAAP operating margin was 15.9%, as compared to 8.3% for the same period last year. Non-GAAP gross margin was 81.3%, as compared to 80.2% for the same period last year. GAAP gross margin was 79.9%, as compared to 78.6% for the same period last year. Average revenue per paying user was $134.63, as compared to $132.55 for the same period last year. Paying users ended at 17.09 million, as compared to 15.83 million for the same period last year. On a constant currency basis, Total ARR grew $40 million quarter-over-quarter, and year-over-year growth would have been 8.9%. Total ARR ended at $2.290 billion, an increase of 8.4% from the same period last year. On a constant currency basis, year-over-year growth would have been 9.7%. Total revenue was $562.4 million, an increase of 9.9% from the same period last year. Looking ahead, I’m excited to build on this momentum as we continue to drive value for our customers and shareholders and work towards our vision of building one organized place for content and all the workflows around it.” “I’m pleased with our team’s execution and performance in Q1, including strong profitability and improved user retention, reflecting our resilience in a challenging macro-environment. “2022 is off to a strong start as we launched new functionality and features across Backup, Shop and document workflows with HelloSign, DocSend and PDF editing all designed to help customers organize, secure, and do more with their digital content,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. (NASDAQ: DBX), today announced financial results for its first quarter ended March 31, 2022. SAN FRANCISCO-(BUSINESS WIRE)-May 5, 2022-ĭropbox, Inc. Net Cash Provided by Operating Activities of $141.4 Million and Free Cash Flow of $130.7 Million GAAP and Non-GAAP Operating Income of $89.5 Million and $170.3 Million, Up 110.6% and 14.6% Year-over-year First Quarter Revenue of $562.4 Million, Up 9.9% Year-over-year on a constant currency basis, Up 9.7% Year-over-year ![]()
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