Financial Performance - The company's TTM revenue reached $2.533 billion[7] - TTM Free Cash Flow was $893 million[7] - TTM Non-GAAP gross margin was 83.1%[8] - TTM Non-GAAP operating margin was 39.0%[8] - Non-GAAP EPS Growth was 22.3%[8] User Base and ARPU - The company had 18.13 million paying users as of June 30, 2025[8, 9] - ARPU was $138.32[36] Financial Guidance - The company projects GAAP revenue of $622-$625 million for Q3 2025 and $2.490-$2.500 billion for fiscal year 2025[105] - The company anticipates a Non-GAAP operating margin of approximately 37.0% for Q3 2025 and approximately 39.0% for fiscal year 2025[105] - The company expects unlevered free cash flow to be at or above $970 million for fiscal year 2025[105] Capital Allocation - In Q2 2025, the company repurchased approximately 14 million shares for approximately $400 million[103] - As of June 30, 2025, the company had approximately $470 million available under the current Board authorization for share repurchases[104]

Financial Performance - Dropbox's TTM revenue reached $2542 billion, with a growth of 08%[8] - The company's TTM Non-GAAP gross margin stood at 836%[8] - TTM Non-GAAP operating margin was 377%[8] - Dropbox generated $859 million in TTM free cash flow[8] - The company had 1816 million paying users as of March 31, 2025[8] Business Strategy and Products - Dropbox is evolving from syncing files to organizing all cloud content, leveraging AI for content organization, security, and data insights[18] - The company offers File Sync and Share (FSS) plans for individuals and business teams, with varying storage capacities and pricing[21] - Dropbox Dash for Business combines universal search and organization with content access control[74] Market and User Metrics - Dropbox has a globally recognized brand presence in 180 countries[43] - The United States accounts for 57% of Dropbox's Q1'25 revenue[45] - International revenue contributes 43% to Dropbox's Q1'25 revenue[47] - The company secures and organizes over 1 trillion pieces of content[51]