DROPBOX, INC.DBX

Market cap

$8B

P/E ratio

	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	519	551	315	533	233	615	1,328
Short-term investments	570	608	806	1,185	1,111	741	266
Trade and other receivables, net	29	37	43	50	54	69	70
Prepaid expenses and other current assets	92	48	63	82	93	92	74
Total current assets	1,210	1,243	1,228	1,850	1,490	1,517	1,738
Property and equipment, net	311	445	339	322	-	309	359
Operating lease right-of-use asset	-	658	471	414	261	184	159
Intangible assets, net	15	47	34	54	88	58	55
Goodwill	97	235	237	357	403	402	443
Deferred tax assets	-	-	-	-	499	460	467
Other assets	62	71	80	95	61	53	105
Total assets	1,694	2,699	2,387	3,091	3,110	2,984	3,325
Accounts payable	33	41	19	26	39	39	37
Accrued and other current liabilities	165	162	157	141	140	155	143
Accrued compensation and benefits	81	101	114	139	132	109	105
Operating lease liability	-	80	89	78	69	57	65
Finance lease obligation	-	77	100	120	115	116	123
Term loan, net, current	-	-	-	-	-	-	10
Deferred revenue	485	554	611	672	703	725	728
Total current liabilities	838	1,015	1,088	1,176	1,197	1,202	1,211
Operating lease liability, non-current	-	712	760	632	585	311	250
Finance Lease, Liability, Noncurrent	-	138	172	168	152	169	204
Convertible Debt, Noncurrent	-	-	-	1,370	1,374	1,378	1,382
Term loan, net, non-current	-	-	-	-	-	-	963
Other non-current liabilities	9	26	34	39	112	91	68
Total liabilities	1,017	1,891	2,053	3,385	3,420	3,149	4,078
Preferred stock value	-	-	-	-	-	-	-
Common stock	-	-	-	-	-	-	-
Additional paid-in-capital	2,338	2,531	2,564	2,448	2,512	2,598	2,404
Accumulated deficit	-1,659	-1,726	-2,241	-2,739	-2,772	-2,742	-3,146
Accumulated other comprehensive loss	-1	3	11	-3	-49	-21	-10
Total stockholders' deficit	677	808	334	-294	-309	-166	-752
Total liabilities and stockholders' deficit	1,694	2,699	2,387	3,091	3,110	2,984	3,325