What guidance did Dropbox provide for the next quarter and FY2025, and how does it compare to prior guidance?

Answer

Based on the excerpt you supplied from Dropbox’s FY 2025 Q2 earnings release, the article does not contain any specific figures or statements about the company’s guidance for the next quarter (Q3 2025) or for the full fiscal year 2025 (FY 2025). The only forward‑looking comments quoted are:

“We delivered a strong quarter in Q2, underscoring the durability of our business and making progress on our key product initiatives,” – Drew Houston, CEO.

“We’re seeing early signs of stability in our Core FSS business, even at more efficient investment levels. At the same time, Dash—powered by AI—continues to b…”

These remarks focus on operational performance and product momentum; they do not include:

• Revenue, earnings‑per‑share (EPS), or adjusted‑EBITDA targets for Q3 2025.
  
• A outlook for FY 2025 (e.g., expected revenue growth rate, profit margin expansion, or cash‑flow expectations).
  
• Any comparison to prior guidance that Dropbox may have issued in earlier quarters or at the end of FY 2024.

What this means for you

How to obtain the missing guidance

1. Read the full press release – The complete Dropbox Q2 2025 earnings announcement (typically posted on Business Wire, the company’s investor‑relations site, or the Dropbox newsroom) will include a “Guidance” or “Outlook” section with the exact numbers for Q3 2025 and FY 2025.
   
2. Check the SEC filing – Dropbox’s Form 10‑Q for the quarter will contain the same guidance details and may also discuss any revisions to prior guidance.
   
3. Listen to the earnings call transcript – Companies often reiterate guidance and provide additional color on the assumptions behind the numbers during the call with analysts.
   

Why the guidance matters

• Quarter‑to‑quarter guidance helps investors gauge short‑term momentum and the company’s confidence in hitting near‑term sales and profitability targets.
  
• Full‑year guidance frames expectations for the entire fiscal year, influencing valuation multiples (e.g., price‑to‑sales, EV/EBITDA) and strategic planning (e.g., product roll‑outs, AI‑driven initiatives like “Dash”).
  
• Comparison to prior guidance signals whether the business is accelerating, plateauing, or encountering headwinds. An upgrade typically reflects stronger‑than‑expected demand or operational efficiency; a downgrade may hint at market‑or‑execution challenges.

Bottom line

From the partial news snippet you provided, Dropbox did not disclose any guidance for the next quarter or FY 2025, nor did it reference any prior guidance for comparison. To answer the question definitively, you’ll need to locate the complete earnings release (or the accompanying SEC filing/earnings call transcript) where Dropbox would normally present those forward‑looking metrics. Once you have that full document, you can extract:

• Q3 2025 guidance (e.g., “Revenue expected to be $X–$Y billion, adjusted‑EBITDA $Z million”).
  
• FY 2025 guidance (e.g., “Full‑year revenue projected at $A–$B billion, EPS $C”).
  
• Any changes from prior guidance (e.g., “We raise FY 2025 revenue outlook by 5% versus the $D billion previously forecasted in Q2 2024”).
  

If you can share the complete press release or the relevant sections, I can then provide a detailed, side‑by‑side comparison of the new guidance versus the prior outlook.