Dropbox Results Presentation Deck slide image

Dropbox Results Presentation Deck

Performance Strong performance at scale $2,325 79% Öll $1,914 2020 $2,158 2021 Revenue ($M)(¹) 2022 2020 81% 2021 Non-GAAP Gross Margin(¹)(2) 82% 2022 21% 2020 30% 2021 31% Margin(¹)(2) 2022 Non-GAAP Operating $491 2020 $708 (1) Graphs presented in this illustration are not drawn to precise scale relative to each other. (2) Non-GAAP gross margin and non-GAAP operating margin exclude stock-based compensation expense and certain non-recurring adjustments. See appendix for non-GAAP reconciliation. (3) Free cash flow is GAAP net cash provided by operating activities less capital expenditures. See appendix for non-GAAP reconciliation. Dropbox 2021 $764 2022 Free Cash Flow ($M)(1)(3) 25
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