Dropbox Investor Presentation Deck

Financial highlights Revenue ($M) 19% YOY growth in 2019 $1,107 2017 $1,392 2018 $1,661 2019 Operating income ($M) Non-GAAP operating income Non-GAAP operating margin $60 5% 2017 $170 12% 2018 $205 12% 2019 Figures presented are non-GAAP and exclude stock-based compensation expense and certain non-recurring adjustments. See appendix for non-GAAP reconciliation.

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