- Price:
- $25.28
- Open:
- $25.37
- Previous close:
- $25.37
- Day's range:
- $25.27 - $25.79
- Year's range:
- $20.68 - $33.43
- Net Income per Share:
- 1.72
- Price-to-Earnings ratio:
- 14.70
- 52-week Price Range:
- $23.91
- Volume:
- $2,107,631.00
- Average volume:
- $3,004,678.00
Company profile for Dropbox, Inc.
Dropbox, Inc. provides a content collaboration platform that allows individuals, families, teams, and organizations to access and share content across any device. Its platform includes a range of tools and services, such as Dropbox Spaces, a shared workspace for teams and individuals, Dropbox Transfer, for securely exchanging files, and Dropbox Extensions, for connecting and integrating with partners, such as Google Docs, Zoom, and Slack.
As of December 31, 2021, Dropbox had over 700 million registered users in over 180 countries. It services customers from a variety of different industries, including professional services, technology, media, education, industrial, consumer and retail, and financial services.
Dropbox was founded in 2007 by Yale University student Drew Houston and Arash Ferdowsi, and was originally known as Evenflow, Inc. In October 2009, it changed its name to Dropbox, Inc., and has since then become one of the household names in the cloud computing space. The company has grown to over 4,000 employees across 12 offices around the world, and reported revenues of over $1.64 billion in 2020.
The company’s mission is to design a more enlightened way of working, empowering people and teams to do their best work. Under its leadership, Dropbox has been recognized for its commitment to diversity and inclusion, as well as its commitment to sustainability, and has earned a host of awards, from the 2020 Fortune’s Best Companies to Work For list to the Glassdoor Employees’ Choice Awards.
In March 2021, Dropbox acquired e-signature company HelloSign for $230 million, furthering its commitment to making collaboration easier, faster and more secure for customers. It also acquired the rights to the 4-person video chat app, Highfive, for an undisclosed amount in April 2021, in a bid to expand its enterprise video conferencing capabilities and make communications more efficient.
Dropbox has made numerous strategic partnerships with industry-leading technology companies to ensure that its products and services remain both up-to-date and competitive. As a result, the company has integrated its services with a number of popular products and services, such as Microsoft Office, Salesforce, Adobe, and Slack.
Over the years, Dropbox has also made numerous announcements about introducing new features and capabilities for its customers, including the launch of Dropbox Spaces, an AI-powered productivity tool that automates routine tasks and helps teams stay organized and productive, in May 2020. The company is always on the lookout for innovative new ways to make collaboration smoother, faster, and more secure for users.
- Stock exchanges:
- NASDAQ
- Sector:
- Technology
- Industries:
- Software
- Ticker:
- DBX
- CIK:
- 0001467623
- ISIN:
- US26210C1045
- Website:
- https://www.dropbox.com
- Phone:
- 415 857 6800
- Origin:
- United States
- Employees:
- 2,667