Dropbox, Inc.
Income Statement
| Line Item | FY2017 | FY2016 |
|---|---|---|
| Revenue | $1.11B | $844.8M |
| Cost of Revenue | $368.9M | $390.6M |
| Gross Profit | $737.9M | $454.2M |
| Gross Margin | 66.7% | 53.8% |
| Operating Expenses | ||
| Research & Development | $380.3M | $289.7M |
| SG&A Expense | $157.3M | $107.4M |
| Operating Income | $-113.7M | $-193.5M |
| Operating Margin | -10.3% | -22.9% |
| Interest Expense | — | — |
| Pretax Income | $-111.5M | $-205.0M |
| Income Tax Expense | $200.0K | $5.2M |
| Net Income | $-111.7M | $-210.2M |
| Net Margin | -10.1% | -24.9% |
| EPS (Basic) | $-0.57 | $-1.11 |
| EPS (Diluted) | $-0.57 | $-1.11 |
| Shares Outstanding (Basic) | — | — |
| Shares Outstanding (Diluted) | — | — |
| Dividends Per Share | — | — |