DROPBOX INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
DBX$32.40-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Deficit
| Convertiblepreferred stock · Class A and Class B common stock · Additionalpaid-incapital · Accumulateddeficit · Accumulatedothercomprehensiveloss · Totalstockholders’deficit | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at December 31, 2021 | — | $— | 375.5 | $— | $2,448.1 | $(2,739.4) | $(2.6) | $(293.9) |
| Release of restricted stock units and awards | — | — | 14.4 | — | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units and awards | — | — | (5.1) | — | (41.5) | (77.9) | — | (119.4) |
| Repurchases of common stock | — | — | (35.6) | — | (287.4) | (508.0) | — | (795.4) |
| Exercise of stock options and awards | — | — | 0.2 | — | 0.5 | — | — | 0.5 |
| Tax benefit attributable to bond hedges purchased in connection with issuance of convertible senior notes | — | — | — | — | 61.2 | — | — | 61.2 |
| Stock-based compensation | — | — | — | — | 330.7 | — | — | 330.7 |
| Other comprehensive loss | — | — | — | — | — | — | (46.3) | (46.3) |
| Net income | — | — | — | — | — | 553.2 | — | 553.2 |
| Balance at December 31, 2022 | — | $— | 349.4 | $— | $2,511.6 | $(2,772.1) | $(48.9) | $(309.4) |
| Release of restricted stock units and awards | — | — | 15.1 | — | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units and awards | — | — | (5.3) | — | (48.5) | (86.6) | — | (135.1) |
| Repurchases of common stock | — | $— | (22.7) | $— | $(205.6) | $(337.2) | $— | $(542.8) |
| Exercise of stock options and awards | — | — | 0.2 | — | 2.5 | — | — | 2.5 |
| Stock-based compensation | — | — | — | — | 338.0 | — | — | 338.0 |
| Other comprehensive income | — | — | — | — | — | — | 27.4 | 27.4 |
| Net income | — | — | — | — | — | 453.6 | — | 453.6 |
| Balance at December 31, 2023 | — | $— | 336.7 | $— | $2,598.0 | $(2,742.3) | $(21.5) | $(165.8) |
| Release of restricted stock units and awards | — | — | 14.4 | — | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units and awards | — | — | (5.7) | — | (55.2) | (93.5) | — | (148.7) |
| Repurchases of common stock | — | — | (49.5) | — | (485.9) | (763.0) | — | (1,248.9) |
| Exercise of stock options and awards | — | — | 0.1 | — | 0.9 | — | — | 0.9 |
| Stock-based compensation | — | — | — | — | 346.5 | — | — | 346.5 |
| Other comprehensive income | — | — | — | — | — | — | 11.4 | 11.4 |
| Net income | — | — | — | — | — | 452.3 | — | 452.3 |
| Balance at December 31, 2024 | — | $— | 295.9 | $— | $2,404.2 | $(3,146.5) | $(10.1) | $(752.4) |
See accompanying Notes to Consolidated Financial Statement
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