Q3 revenue was $637.3M, up 0.5% YoY; growth excluding FormSwift was 1.0%, marking a fifth consecutive quarter of growth on that basis.
Non-GAAP operating margin was 42.2%, ahead of guidance; paying users grew for a fourth consecutive quarter, reaching 18.20M.
Strategy spans the core file-sync-and-share business, paid workflows for content professionals, and AI content infrastructure through DBX Agent Cloud and planned Tigris acquisition.
Q3 GAAP net income was $116.1M vs. $123.8M YoY, with diluted EPS of $0.52 vs. $0.47; non-GAAP net income was $197.8M vs. $196.7M, with diluted EPS of $0.88 vs. $0.74.
ARR was $2.555B, up 0.8% YoY; excluding FormSwift, ARR rose 1.9% YoY and $5M sequentially.
Operating cash flow was $259.2M vs. $302.1M, primarily reflecting higher term-loan interest payments; unlevered free cash flow was $303.9M.
TTM revenue was $2.53B and TTM unlevered free cash flow was $1.074B.
FY2026 revenue guidance rose to $2.528B–$2.531B; non-GAAP operating margin guidance increased to 40.5%, with gross margin at ~81.5% and unlevered free cash flow of at least $1.075B.
Q4 revenue guidance is $630M–$633M, or $627M–$630M constant currency; non-GAAP operating margin is expected at ~40%, below Q3 as marketing spend shifts into the quarter.
FY2027 preliminary outlook, excluding Tigris, is roughly flat revenue and at least 150 bps of operating-margin expansion; formal guidance is planned for February.
FY2026 capex guidance is $20M–$25M; currency assumptions include a ~$28M tailwind for the year, with tailwinds expected to moderate.
AI chat
)
Automations
)
)
Live audio & transcripts
)
)
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)