Dropbox Reports Q2 Fiscal 2025 Results: Revenue Down 1.4% YoY, GAAP EPS Up to $0.45 from $0.34, Non-GAAP EPS Rises to $0.71 from $0.60
Reuters
Aug 08
Dropbox Reports Q2 Fiscal 2025 Results: Revenue Down 1.4% YoY, GAAP EPS Up to $0.45 from $0.34, Non-GAAP EPS Rises to $0.71 from $0.60
Dropbox Inc. has announced its financial results for the second quarter ending June 30, 2025. The company reported a revenue of $625.7 million, reflecting a 1.4% decrease year-over-year, or a 1.3% decrease on a constant currency basis. Dropbox's GAAP diluted net income per share attributable to common stockholders increased to $0.45 from $0.34 in the same period last year. Non-GAAP diluted net income per share also rose to $0.71, compared to $0.60 in the previous year. The company's cash, cash equivalents, and short-term investments totaled $954.7 million at the end of the quarter. CEO Drew Houston highlighted the progress in key product initiatives, noting early signs of stability in the Core FSS business and increased customer engagement in Dash, Dropbox's AI-powered tool. The company maintains confidence in its strategy to drive long-term growth across existing and new product lines.
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