DBX•Dropbox reported Q3 revenue of $637.3 million, up 0.5%, and adjusted EPS of $0.88, beating analyst estimates of $629.59 million and $0.73. It agreed to acquire Tigris Data for about $350 million in cash, with the deal expected to close in Q4 2026.
Dropbox reported Q3 revenue of $637.3 million, up 0.5% year over year, and adjusted EPS of $0.88. Analysts had expected revenue of $629.59 million and adjusted EPS of $0.73. Adjusted net income was $197.8 million, compared with an estimate of $163.76 million.
Dropbox agreed to acquire AI-focused object-storage platform Tigris Data for about $350 million in cash. The acquisition is expected to close in Q4 2026. Dropbox did not provide specific financial guidance in the press release.
