Latest Dropbox News & Updates

See the latest news and media coverage for Dropbox. We track all announcements, press releases, and industry mentions in real time, all in one place.

Dropbox

Cloud storage, file sharing, and collaboration service

dropbox.com

Headquarters: San Francisco, United States
Founded year: 2007
Company type: Public company
Number of employees: 4,000–5,000

Last updated Today

Latest news about Dropbox

In short: Dropbox appointed Ashraf Alkarmi as co-CEO to succeed Drew Houston, launched several AI integrations, and authorized a $900M buyback.

Company announcements

June 1 Dropbox

Dropbox completes new credit facility and announces stock repurchase program

The facility provides $400M in borrowing capacity; the repurchase program is for $900M of Class A common stock.

May 26 Dropbox

Dropbox promotes Ashraf Alkarmi to co-CEO

He will share CEO duties with Drew Houston before becoming sole CEO. Drew will become executive chairman.

April 2 Dropbox

Dropbox reduces storage overhead in Magic Pocket

A new layered compaction strategy (L1, L2, L3) reclaimed space faster after fragmentation increased due to a new service's unintended side effect.

February 19 Dropbox

Dropbox announced Q4 and fiscal 2025 financial results

The company exceeded revenue and operating margin guidance, with GAAP operating margin of 25.5% and non-GAAP of 38.2%.

Media coverage

July 11 Yahoo Finance

Dropbox (DBX) Joins Russell Value Indexes As Growth Benchmarks Drop It

Dropbox (NasdaqGS:DBX) was added to the Russell 1000 Value-Defensive Index and the Russell 1000 Defensive Index. At the same time, the company was removed from...

July 7 Yahoo Finance

Will Dropbox (DBX) Beat Estimates Again in Its Next Earnings Report?

Dropbox (DBX) has an impressive earnings surprise history and currently possesses the right...

May 27 Seeking Alpha

Dropbox shuffles executives; Alkarmi to replace co-founder Houston as CEO

Dropbox (DBX) has shuffled its executive ranks, as the cloud storage company announced on Tuesday that co-founder Drew Houston will eventually step down as CEO...

May 26 Yahoo Finance

Dropbox CEO Drew Houston steps down, Ashraf Alkarmi named co-CEO

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