How much of Dropbox’s revenue comes from haram?

Dropbox provides a platform for individuals, teams, and organizations to collaborate on work effectively. 

The company earns its revenue through its paid subscription plan, which offers consumers premium features.

Practical Islamic Finance concludes:

None of Dropbox’s revenue comes from anything inherently haram.

Does Dropbox rely on interest to operate?

Year-to-Date
for period ended
6/30/2021
Fiscal year
ended
12/31/2020
Fiscal year
ended
12/31/2019
Interest Income (net)$1,700$12,500
Total Revenue$1,042,200$1,913,900$1,661,300
Interest Expense (net)$2,100
Total Expenses$915,300$1,792,700$1,741,800
Interest Income (net) / Revenue0.09%0.75%
Interest Expense (net) / Total Expense0.23%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes:

Riba is used but not relied upon in Dropbox’s operations.

What is Dropbox’s Environmental, Social, and Governance (ESG) impact?

Environment

No notable environmental highlights.

Social

Dropbox has an impressive Glassdoor rating of 4.1 out of 5.0 from over 800 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.

Governance

No notable governance highlights.

Practical Islamic Finance concludes:

Dropbox has a net positive ESG impact.

Comfort Rating

From Dropbox’s business, financial, and ESG reviews, Practical Islamic Finance rates Dropbox stock as:

Comfortable to invest in from a Halal perspective.

Sources

Dropbox Reviews 

Dropbox 2020 10-K

Dropbox Q2 2021 10-Q