Dropbox Investor Presentation Deck

Financial highlights Revenue ($M) 18% YOY growth in Q1'20 $386 1Q 19 $455 1Q 20 Operating income ($M) Non-GAAP operating income Non-GAAP operating margin $39 10% 1Q 19 $73 16% 1Q 20 Figures presented are non-GAAP and exclude stock-based compensation expense, amortization of acquired intangibles, and HelloSign acquisition- related expenses. See appendix for non-GAAP reconciliation.

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