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Dropbox — Third Quarter 2026 Earnings Summary

Dropbox reported third-quarter 2026 revenue of $637.3 million, representing a 0.5% year-over-year increase, or 1.0% excluding FormSwift. The company achieved a non-GAAP operating margin of 42.2% and generated $303.9 million in unlevered free cash flow. Dropbox announced the launch of DBX Agent Cloud and an agreement to acquire Tigris Data for approximately $350 million to enhance its object storage capabilities for AI applications. Total annual recurring revenue reached $2.555 billion, while paying users grew to 18.20 million.

Company
DROPBOX INC
Sector
Technology
Industry
Software - Infrastructure