Dropbox Investor Presentation Deck

Strong Performance at Scale $2,158 $1,914 ÏÏI 2020 2021 $2,325 Revenue ($M) 2022 $491 2020 $708 2021 $764 2022 Free Cash Flow ($M) 79% 2020 81% 2021 Non-GAAP Gross Margin 82% 2022 21% 2020 30% 2021 31% *Note: Non-GAAP gross margin and non-GAAP operating margin exclude stock-based compensation expense and certain non-recurring adjustments. Free cash flow is GAAP net cash provided by operating activities less capital expenditures. See appendix for non-GAAP reconciliation. 2022 Non-GAAP Operating Margin 24

View entire presentation